Listed in 2020, Credit Bureau Asia (CBA), together with its subsidiaries, is a leading player in the credit and risk information solutions market in Southeast Asia. It marks its debut in the Centurion Club winners’ list with a clean sweep of all four categories in the financial services industry sector. 

CBA provides credit and risk information solutions to an extensive client base of financial institutions (FI), multinational corporations, telecommunications companies, government bodies and public agencies, and local enterprises and individuals across Singapore, Malaysia, Cambodia and Myanmar. 

CBA operates two core segments: the FI data business and the non-FI data business, which cover both consumer and commercial credit risk information. CBA is now the dominant market leader in Singapore’s FI data business, and the sole market player in Cambodia’s and Myanmar’s FI data business as at Dec 31, 2024. CBA’s credit bureaus provide their subscribing members, mainly banks and financial institutions, with access to credit information on consumers and business entities. As at Dec 31, 2024, the group has more than 255 financial institution members across the region.

For its non-FI data business, CBA has more than 6,000 enterprise customers, ranging from multinational corporations to small and medium enterprises. CBA’s non-FI data business operates in Singapore and Malaysia, where enterprise customers can access a wide range of business information and risk management services, sales and marketing solutions, and commercial insights, drawing from its database of more than 580 million business records globally.

Since its listing, CBA has increased its top and bottom lines y-o-y despite several significant, unprecedented global events. As described by founder and executive chairman Kevin Koo in FY2024’s annual report, there is a broad-based increase in revenue and continuing development of new business initiatives to the company’s FI data business in the Singapore, Cambodia and Myanmar markets. 

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For FY2024, CBA’s earnings increased by 14% y-o-y to $11.2 million, with broad-based demand. CBA paid four cents per share in dividends for the whole of FY2024, up 8.1% over FY2023. 

The company is not satisfied with organic growth — a strategy it has used since its inception in the 1990s. “We continue to pursue inorganic growth opportunities, focusing on the Asia Pacific region, and in areas which are complementary to our business. We are in active discussions with several acquisition opportunities and will make the necessary announcements at the appropriate time,” says Koo.