13 May 2008
Experian, the global information services company, announces that it has created a joint venture with CCB Inc., a leading consumer credit bureau in Japan. Experian will own 50% of the joint venture.
Based in Tokyo, CCB provides credit reporting services to the banking, credit card and consumer financing industries in Japan. Experian has a long association with CCB, having owned a 3.6% stake in the company for many years.
The joint venture, CBEX Solutions Inc., will develop and operate a credit bureau platform to meet the new regulatory requirements in Japan.
As at May 2008, gross assets for CBEX Solutions are approximately $14m.
Enquiries
| Experian |
| Nadia Ridout-Jamieson |
Director of Investor Relations |
+44 (0)20 3042 4215 |
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| Finsbury |
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| Rollo Head |
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+44 (0)20 7251 380 |
| Don Hunter |
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Experian announcements are available on www.experiangroup.com.
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