As Korean financial institutions look towards consumer credit again as a potential growth area, efforts to build a Korean credit bureau infrastructure are intensifying. A well-connected new player is officially joining two growing incumbents, and some of the most important potential beneficiaries of a stronger credit bureau system are taking the lead in constructing the bureau infrastructure. The maturing industry’s success – or failure – to provide accurate information and useful analysis will help determine the rate of growth in consumer credit, the health of domestic consumption and Korean banks’ ability to manage credit risk. This Asia Focus report discusses how the evolution of Korea’s credit bureaus might affect the country’s growth in consumer credit.