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                    [Title] => National credit info system to benefit lenders, borrowers
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The envisioned national credit information system will be beneficial for the credit industry in general, an industry executive said.

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                    [Title] => Six institutions as CIC ‘first movers’
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The Credit Information Corp. (CIC) has recognized six financial institutions for being the “first movers” to submit credit data to CIC’s credit information system.

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The Philippines will soon have its own centralized credit information system (CIS) that would allow the sharing of information to help creditors evaluate the ability of their prospective and existing customers to pay.

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                    [Title] => To expand, create more jobs SMEs need more nonbank financing options
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Small and medium-sized enterprises (SMEs) in Asia, including the Philippines, need better access to finance to grow and generate badly needed new jobs, according to  a report from the  Asian Development Bank (ADB).

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                    [Title] => Thrift bankers urged to tap data sharing system
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The Chamber of Thrift Banks (CTB) is urging its members to tap into the positive data sharing system (PoDS) of the Bankers Association of the Philippines (BAP) to improve their capability to assess credit information of their borrowers.

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                    [Title] => A Sonny future in entrepreneurship
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As the midterm election draws near, the call to vote for the most deserving candidates becomes stronger.

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                    [Title] => Credit bureau seen to boost Phl ranking in ease of doing business
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The establishment of a national credit information bureau would positively impact on the country’s ranking in the Ease of Doing Business Index of the World Bank, aside from boosting its chances of securing the much-coveted investment grade status from credit raters, officials said.

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                    [Title] => Rural banks to benefit from credit info bureau
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Rural banks will have more confidence in lending to small borrowers in the countryside by gaining access to accurate, timely, objective and widely available credit information from the newly established Credit Information Corp. (CiC).

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                    [Title] => Government urged to start operating Phl credit bureau
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Sen. Edgardo Angara is urging the government to start operating the Philippine credit bureau to further strengthen the country’s capital markets and at the same time unlock much needed financing for small entrepreneurs, farmers, and consumers.
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CREDIT INFORMATION SYSTEM ACT

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The Philippines will soon have its own centralized credit information system (CIS) that would allow the sharing of information to help creditors evaluate the ability of their prospective and existing customers to pay.

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The establishment of a national credit information bureau would positively impact on the country’s ranking in the Ease of Doing Business Index of the World Bank, aside from boosting its chances of securing the much-coveted investment grade status from credit raters, officials said.

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                    [Title] => Rural banks to benefit from credit info bureau
                    [Summary] => 
Rural banks will have more confidence in lending to small borrowers in the countryside by gaining access to accurate, timely, objective and widely available credit information from the newly established Credit Information Corp. (CiC).

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                    [Title] => IFC, CiC ink accord on credit bureau mechanism
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                    [Title] => Government urged to start operating Phl credit bureau
                    [Summary] => 
Sen. Edgardo Angara is urging the government to start operating the Philippine credit bureau to further strengthen the country’s capital markets and at the same time unlock much needed financing for small entrepreneurs, farmers, and consumers.
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abtest

National credit info system to benefit lenders, borrowers

By Carlo S. Lorenciana | January 24, 2016 - 9:00am

The envisioned national credit information system will be beneficial for the credit industry in general, an industry executive said.

Freeman Cebu Business

Six institutions as CIC ‘first movers’

December 29, 2015 - 12:00am

The Credit Information Corp. (CIC) has recognized six financial institutions for being the “first movers” to submit credit data to CIC’s credit information system.

Banking

Gov’t develops centralized credit database

By Donnabelle L. Gatdula | July 9, 2014 - 12:00am

The Philippines will soon have its own centralized credit information system (CIS) that would allow the sharing of information...

Business

To expand, create more jobs SMEs need more nonbank financing options

By Philexport | April 14, 2014 - 12:00am

Small and medium-sized enterprises (SMEs) in Asia, including the Philippines, need better access to finance to grow and generate...

Business As Usual

Thrift bankers urged to tap data sharing system

By Donnabelle L. Gatdula | June 9, 2013 - 12:00am

The Chamber of Thrift Banks (CTB) is urging its members to tap into the positive data sharing system (PoDS) of the Bankers Association of the Philippines (BAP) to improve their capability to assess credit information...

Business

A Sonny future in entrepreneurship

By Joey Concepcion | April 25, 2013 - 12:00am

As the midterm election draws near, the call to vote for the most deserving candidates becomes stronger.

Business

Credit bureau seen to boost Phl ranking in ease of doing business

By Ted P. Torres | February 13, 2013 - 12:00am

The establishment of a national credit information bureau would positively impact on the country’s ranking in the Ease of Doing Business Index of the World Bank, aside from boosting its chances of securing...

Business

Rural banks to benefit from credit info bureau

December 18, 2012 - 12:00am

Rural banks will have more confidence in lending to small borrowers in the countryside by gaining access to accurate, timely, objective and widely available credit information from the newly established Credit Information...

Banking

IFC, CiC ink accord on credit bureau mechanism

By Ted P. Torres | November 15, 2012 - 12:00am

Credit Information Corp. (CiC) signed yesterday a memorandum of understanding with the International Finance Corp. (IFC) to establish a mechanism that will help establish a credit information system to support lenders...

Business

Government urged to start operating Phl credit bureau

By Lawrence Agcaoili | April 17, 2011 - 12:00am

Sen. Edgardo Angara is urging the government to start operating the Philippine credit bureau to further strengthen the country’s capital markets and at the same time unlock much needed financing for small entrepreneurs,...

Business