MAKATI CITY, September 16, 2019 – As part of its mandate to provide access to reliable, standardized information on credit history and financial condition of its borrowers, the state-run Credit Information Corporation (CIC) issued Circular No.
“THE MORE information [and] the more open the information is, then the more protection there is for both the borrower and the lender…”
MANILA, Philippines — The Securities and Exchange Commission (SEC) has issued a memorandum circular preventing unfair debt collection practices such as the use of insults or profane language, violent threats or false representation.
MANILA, 06 August 2019 – “The CIC would like to enable the microfinancial institutions (MFIs) to lend more, lend to more, and lend more safely “, PCEO Jaime Casto Jose P. Garchitorena at the renewal of Memorandum of Support between the CIC and Microfinance Information Data Sharing Inc.
MANILA, 24 & 26 July 2019 – CIC reiterate one of its goal which is reinforcing in the heart of the Micro Financial Institutions (MFIs) the facts and figures of the actual financial behavior of the borrowing population and its significance to the growth of their institutions during the Annual General Meetin
PASAY CITY, 25 July 2019 – The Government Service Insurance System (GSIS) spearheaded a joint meeting with Credit Information Corporation (CIC) held at the GSIS Head office. The joint discussion revolved on the updates from the CIC in relation to compliance with R.A. No.
TAGAYTAY CITY, 23 July 2019 – Atty. Aileen L. Amor-Bautista of the Credit Information Corporation relayed updates and compliance to R.A. No. 9510 during the Co-operative Chairpersons’ and CEOs Dialogue held at Days Hotel.
STATE-RUN Credit Information Corp. (CIC) is set to charge financial institutions for their access to its credit information database following a one-year data cleansing phase.
The Securities and Exchange Commission has teamed up with state-owned Credit Information Corp. (CIC), the country’s sole public credit registry, to curb informal lending and improve financial inclusion by harnessing basic credit data to improve credit access.
MANILA – 03 April 2019 – The Securities and Exchange Commission (SEC), spearheaded by Chairman Emilio B. Aquino, organized a four-day forum among the financing and lending companies promoting to discuss the existing requirement for compliance to Republic Act No.
