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CIC accredits 4 new SAEs to boost credit reporting

THE Credit Information Corporation (CIC) accredited four new Special Accessing Entities (SAEs), enhancing the availability of information on credit reporting and scoring nationwide. The four new SAEs are Advintel Inc., Mitou Hongkong Ltd., Finvolution Group, and Trusting Social AI Philippines Inc. CIC said they will be subject to post-qualification evaluation…

CIC Accredits Four New Special Accessing Entities To Further Financial Inclusion, Credit Market Efficiency

CIC s rating system may boost lending, banks asset grade

CIC s rating system may boost lending, banks asset grade
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Banking Briefs | BusinessMirror

CIC issues rules for compliance THE state-owned Credit Information Corp. announced on November 29 the implementation of its mandatory initial and continuing compliance guidelines to all financial institutions covered under the Republic Act 9510 (Credit Information System Act of 2008). Under the CIC Circular 2023-04, the CIC said through a…

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