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.
RCBC Bankard together with the Credit Card Association of the Philippines (CCAP) recently reminded young professionals to keep their bank information private.
MANILA, Philippines — Philippine banks continued to fall short of the mandated loan thresholds for agriculture and agrarian reform, according to a report from the Bangko Sentral ng Pilipinas.
MANILA, 19 November 2018 – Using personal experiences as an entrepreneur, his education in entrepreneurship at the Asian Institute of Management, and his five years as CEO of the CIC, PCEO Jaime P.
The head of the Philippines’ only central credit registry, Credit Information Corporation, said Wednesay that having credit information systems was vital to economic growth.
MANILA, 16 November 2018 – The Credit Information Corporation (CIC), the Philippines’ one and only central credit registry, the Policy and Economic Research Council (PERC), and Asian Business Advisory Council (ABAC), are co-organizing a forum revolving around the theme: ‘Credit Data & Inf
To uncover the power of information towards achieving financial inclusion, TransUnion invited Credit Information Corporation (CIC) and several industry players for the Big Data Summit held on 2 October 2018 at the Marquis Grand Ballroom in Bonifacio Global City, Taguig, Metro Manila.
MANILA, 8 August 2018 – The National Electrification Administration (NEA) issued a memorandum announcing their compliance to Republic Act No. 9510 and the mandatory submission of credit data of Cooperatives, who have loans or lines of credit, to the Credit Information Corporation (CIC).
