Services

The Malta Credit Bureau (MCB) is a Credit Reference Agency, also known as a Credit Bureau.  It collects information on individuals and companies, which it uses to compile a report, known as a Credit Score, to assess their creditworthiness.  In this way, MCB could help  a creditor in its credit decision-making. 

Credit scoring is vital because it provides a standardised and objective assessment of an individual’s or business’s creditworthiness. It helps trade creditors, banks and financial institutions make informed decisions when granting credit, setting credit terms and limits, thus  managing risk effectively and efficiently. By evaluating various financial factors, payment history, and credit behaviour, credit scoring enables efficient and fair access to credit, promotes responsible lending practices and facilitates economic growth whilst protecting creditors’ cash flow. The World Bank Group has supported the development of credit reporting systems around the world for more than a decade. 

MCB designs products that matter. Effective risk management helps credit and financial institutions as well as smaller entities and sole traders engaged in credit-based transactions. These entities require borrower-screening and continuous monitoring of their customers’ risk profiles.  This is where MCB can help – it provides creditors with clear, accurate and up-to-date credit scores.

MCB is fully compliant with the Data Protection Act (Chapter 586 of the Laws of Malta) and other local and EU data protection legislation in force at the time of processing, including the GDPR.