HOME

TheInfoList



OR:

Credit Information Corporation or CIC announced the first six credit bureaus in the Philippines in 13 March 2016. The accredited credit bureaus consist of five international firms and one local credit bureau. According to CIC President
Jaime Garchitorena Jaime is a common Spanish and Portuguese male given name for Jacob (name), James (name), Jamie, or Jacques. In Occitania Jacobus became ''Jacome'' and later ''Jacme''. In east Spain, ''Jacme'' became ''Jaime'', in Aragon it became ''Chaime'', and i ...
, bureaus could start operations as soon as they become incorporated. The complete and substantial collection of credit data were planned to be ready by the end of 2016 or early 2017.


Accredited bureaus


Local firms

*
CIBI Information CIBI Information, Inc. or CIBI, formerly known as Credit Information Bureau, Inc., is the first and the only local credit bureau in the Philippines. CIBI started as a government entity under the Central Bank of the Philippines Department of Loans ...
Also known as CIBI, formerly known as Credit Information Bureau, Inc., was the first credit bureau in the Philippines. CIBI started as a quasi government body under the Central Bank of the Philippines to initiate a credit information exchange system in the Philippines. In 1982, CIBI was founded and established by Presidential decree 1941 and was created under the Central Bank of the Philippines, now
Bangko Sentral ng Pilipinas The Bangko Sentral ng Pilipinas (; commonly abbreviated as BSP in both Filipino and English) is the central bank of the Philippines. It was established on July 3, 1993, pursuant to the provision of Republic Act 7653 or the New Central Bank Ac ...
(BSP); the Securities and Exchange Commission (SEC) and the Financial Executives Institute of the Philippines (FINEX). In 1997, Credit Information Bureau, Inc. was incorporated into a private entity and became ''CIBI Information, Inc.'' At present, CIBI is a provider of information and intelligence for business, credit and individuals. The company also supplies compliance reports before accrediting suppliers, industry partners and even hiring professionals. Marlo R. Cruz is the current President and CEO of CIBI.


International firms

*
TransUnion TransUnion is an American consumer credit reporting agency. TransUnion collects and aggregates information on over one billion individual consumers in over thirty countries including "200 million files profiling nearly every credit-active consume ...
Philippines- A local office of a Chicago-based firm which partnered with banks in the Philippines in 2011. *
Compuscan Compuscan is a South African credit bureau that provides consumer and commercial credit information within South Africa and other African nations. Founded in 1994 and headquartered in Stellenbosch, South Africa, Compuscan is a subsidiary of So ...
Philippines: In October 2015, Compuscan Philippines Inc., a subsidiary of Compuscan, opened in Manila, Philippines, where the Credit Information Corporation (CIC) licensed Compuscan as a Special Accessing Entity (“SAE”). * CRIF of Italy


References

{{Reflist
Philippines The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republ ...
Economic history of the Philippines Cooperatives in the Philippines