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Recession-proof Credit Bureau Asia eyes Mainboard listing

Jeffrey Tan
Jeffrey Tan • 8 min read
Recession-proof Credit Bureau Asia eyes Mainboard listing
"In good or bad times, the shape of the economy will not impact our company," says CBA's founder and executive chairman Kevin Koo.
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In another life, Kevin Koo could have led an illustrious career in music. He was awarded the Deutscher Akademischer Austausch Dienst Scholarship by the Public Service Commission in 1981 to study music in Germany. Five years later, he graduated with a degree from the Robert Schumann University of Music Düsseldorf. Upon his return to Singapore, he played the cello as a member of the prestigious Singapore Symphony Orchestra.

But today, Koo is founder and executive chairman of Credit Bureau Asia (CBA). The company provides credit and risk information to an extensive client base across Singapore, Malaysia, Cambodia and Myanmar. Its clients include banks, financial institutions, MNCs, telecommunication companies, government bodies and public agencies, and individuals.

As Asian economies have grown tremendously over the past few decades, the need for credit and risk information has surged in tandem. Unsurprisingly, this has led CBA to perform well in the last few years, building up a solid balance sheet.

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