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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.
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