CGS-CIMB Research analysts Andrea Choong and Darren Ong have initiated coverage on Credit Bureau Asia (CBA) with an ‘add’ rating and target price of $1.53, with CBA’s defensive business model and market dominance in Singapore cited as key factors.

CBA operates as a credit and risk information solutions (CRIS) provider. It aggregates and repackages credit information into useable reports and data packets for sale to its customers, which span both financial institutions (FI) and non-FI clientele.  Their products include one-off reports for loan applications, pre-employment checks and pre-screening of business partners, as well as customised monitoring services for higher-risk exposures.

Have a premium account? Sign in to continue reading.

Unlimited access to all stories from $99.9/year*

The latest reporting and analysis from business and investments to news and views on social issues.

Bonus:

  • Simultaneous logins across all devices
  • Instant access to past digital issues
  • Unlimited access to The Edge Malaysia
  • *For annual subscription plan only. T&Cs apply

Subscribe

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook