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.
A LOWER COURT nullified an order from the Credit Information Corp. (CIC) requiring insurers to submit data on premium payments, insurance contracts, and policy loans of its clients.
MANILA, 18 January 2019 – The Cooperative Development Authority (CDA) issued Memorandum Circular No. 2019-01 announcing to all its covered cooperatives to comply with Republic Act No. 9510, and begin submission of all their borrowers’ basic credit data to the Credit Information Corporation (CIC).
The MSME Development (MSMED) Council reported that registered businesses in the Philippines climbed to 1.42 million in May 2019 from 1.39 million in December 2018. This is around 30,000 new businesses in five months.
