In a move poised to strengthen corporate transparency and streamline due diligence processes, CIBI Information, Inc., the country’s first and only credit bureau, has signed a landmark data-sharing agreement with the Securities and Exchange Commission (SEC). The partnership is aimed at expanding access to verified regulatory data, addressing a long-standing challenge in the country’s financial ecosystem.
Through this collaboration, CIBI gains direct access to the SEC’s eSEARCH platform, enabling the integration of accurate and credible company information into its credit reporting and risk assessment services. This access is expected to significantly improve decision-making capabilities for CIBI’s more than 500 corporate clients across industries, particularly small and medium-sized enterprises (SMEs).
“This collaboration between the SEC and CIBI is a powerful step toward bridging the information gap and strengthening the financial ecosystem,” said CIBI president and CEO Pia Arellano during the signing ceremony. “It opens new doors for businesses, especially SMEs, to assess partners, evaluate risk, and build transactional trust.”
SEC chairperson Emilio B. Aquino emphasized the agency’s commitment to modernization and stakeholder service delivery. “We hope that this MOA will help both the SEC and CIBI accelerate our shared commitment to improving the business environment in our country,” Aquino said.
The strategic tie-up not only boosts CIBI’s service quality but also reinforces the regulatory framework by promoting transparency, data integrity, and responsible information exchange. For financial institutions, this translates to increased confidence in credit evaluation and a step forward in supporting financial inclusion and economic resilience nationwide.
Founded in 1982, CIBI is accredited by the Credit Information Corporation (CIC) and was acquired by private equity firm Creador in 2020. It has since partnered with global players like FICO and CTOS to bring international best practices to the Philippine market.
