MANILA, 11 July 2017 – In an interview with BusinessWorld, CIC President and CEO Jaime Garchitorena said that unless delay from major connectivity and security issues may arise, the Credit Information System (CIS) is ready to go live by January 2018.
MANILA, 10 July 2017 – Bangko Sentral ng Pilipinas (BSP) Governor Nestor A. Espenilla Jr. aims to focus on diminishing barriers to lending instead of enforcement of mandatory 10% loan requirement.
MANILA, 06 July 2017 – Temporary Restraining Order (TRO) filed by Northern Luzon Federation of Cooperatives and Development Center (NORLU CEDEC) against CIC's credit data collection was junked by the Baguio City Regional Trial Court (RTC) last 28 June 2017.
The P3 Program – Pondo sa Pagbabago at Pag-Asenso - of the Department of Trade and Industry (DTI) is expected to lure small borrowers from the 5-6 loan in the Philippines once it's launched nationwide.
MAKATI CITY, 30 May 2017 - CIC will conduct a one-day Gender Sensitivity Seminar to all its management and staff in line with the Philippine government’s efforts to sensitize all of its public servants, both officials, and employees, to various gender sensitivity issues.
Building inclusive financial system is one of the many goals Bangko Sentral ng Pilipinas (BSP) Governor Nestor Espenilla will embark BSP on while the banking sector continues to perform well and relish on the renewed global confidence.
CIC acknowledged IBM Global Financing Philippines (IBM Global Financing) as one of its “prime movers” in terms of submission of basic credit data to the CIC.
MANILA - According to President and CEO Jaime P. Garchitorena, compared to banks, non-bank institutions such as leasing companies could have a greater potential to contribute to the economy.
17 April 2017 - "Phillennials" or Filipino millennials, despite political issues and uncertainties in their own homes and environment, remained the most optimistic individuals in the world according to the finding of Deloitte's 2017 Millenial Survey released by Deloitte Southeast Asia Member Firm Nava
MANILA – The Bangko Sentral ng Pilipinas (BSP) eyes to remove maintaining balance for deposit accounts as part of reaching out the unbanked sector.
