CIBI Information Inc. is advancing financial inclusion in the Philippines through its access to the Credit Information Corporation’s (CIC) Advanced Tier, providing visibility across 68.4 million individuals and 468.3 million accounts to help financial institutions make better lending decisions.
“It’s really about data, and having a more comprehensive, a more complete picture for every single Filipino,” said Pia Arellano, CIBI President and CEO. “With Advanced Tier access, we are able to stitch more information pieces of the puzzle together for every single Filipino consumer.”
Under the Credit Information System Act (CISA) of 2012, financial institutions submit client credit data to CIC. Credit Transaction and Verification Inc. (CTVI), a CIBI-owned entity, processes this information into credit reports and scores.
“Through Advanced Tier access, we process millions of data points from banks, cooperatives, and fintechs into insights that help institutions understand their customers better,” said Jasmine Alansalon-Gonzales, Chief Product, Partnership, and Innovation Officer.
CIBI’s data reveals growing reliance on smaller, short-term loans, with personal loans and buy-now, pay-later schemes seeing the fastest growth.
“More Filipinos are borrowing in smaller amounts, typically between ₱5,000 and ₱10,000,” said Harley Chan, CIBI Chief Analytics Officer. “This gives us a clearer picture of how people borrow and repay, which helps lenders evaluate creditworthiness beyond traditional loan profiles.”
These patterns capture previously unrecorded financial activity, enabling more accurate credit scoring and supporting consumers as they progress to larger financial products. CIBI’s no-hit, no-pay policy reduces acquisition costs, encouraging lenders to extend services to more consumers while strengthening the lending ecosystem.
