PRESS RELEASE: CIC scales up credit database with 53M contracts, urges rural banks to gain access

MANILA, 08 November 2019 – The Credit Information Corporation (CIC)—the Philippines’ sole public credit registry and repository of credit information—presented its credit database as the largest and most diverse during the 62nd Charter Anniversary Symposium of the Rural Bankers Association of the Philippines (

PRESS RELEASE: CIC supports 2019 Economic and Financial Literacy Week through data-driven lending, protecting borrowers' data rights

MAKATI CITY, 31 October 2019 – The Credit Information Corporation (CIC)—the Philippines’ only public registry and repository of credit information—expresses its full support to the celebration of the Economic and Financial Literacy Week (EFLW) from November 4 to 8, 2019, pursuant to Republic Act (R. A.) No.

PRESS RELEASE: Access to credit metrics in PH up by 52 points in Ease of Doing Business 2020 Report; Credit Information Corporation, credit bureaus cited

PASAY CITY, 25 October 2019 – The Credit Information Corporation (CIC) shared center stage during the press conference on the results of World Bank’s Doing Business 2020 Report which saw the Philippines move 29 notches higher than its 124th spot in 2019.

PRESS RELEASE: CIC inks pact with FinTech firm for financial inclusion, consumer protection

MAKATI CITY, 21 October 2019 – State-run Credit Information Corporation (CIC) — the country’s sole credit registry and repository of credit information — signed a memorandum of understanding (MOU) with UPLOAN, a financial technology (FinTech) company operating in the Philippines, to promote financial inclusion

PRESS RELEASE: Six months' continuous submission of credit data a requirement for accessing CIC database

MAKATI CITY, 11 October 2019 – The Credit Information Corporation (CIC) underscored anew the need for its submitting financial institutions — banks, quasi-banks, their subsidiaries and affiliates, life insurance companies, and other entities that provide credit facilities — to have at least six (6) consecutive

PRESS RELEASE: SEC extends P10 credit report fee for financial institutions; CIC underscores benefits of lower cost

MAKATI CITY, 4 October 2019 – As a way of introducing the large-scale use of Credit Reports to financial institutions (FIs), the Securities and Exchange Commission (SEC) En Banc, on 27 September 2019, granted the request of Credit Information Corporation (CIC) for an introductory price of P10 until 31

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