Deep Heritage



In 1981, the Philippine government issued a Letter of Instructions No. 1107 mandating the Central Bank of the Philippines (Bangko Sentral ng Pilipinas) to initiate a credit information exchange system and to analyze the probability of establishing and funding the operation of a credit bureau due to the disturbing increase of failures on corporate borrowers. In adherence to the order, Central Bank of the Philippines organized the Credit Information Exchange System under the department of Loans and Credit.

Credit Information Bureau, Inc. or CIBI is the first Credit Reporting Agency in the Philippines and was incorporated as a non-stock, non-profit corporation. It was created to engage in collating, developing and analyzing credit information on individuals, institutions, business entities and other business concerns. It aims to develop and undertake the continuing exchange of credit data within its members and subscribers, and to provide an impartial source of credit information for debtors, creditors and the public. CIBI will also cooperate and guide government agencies in their credit information requirements.

CIBI was established in the Philippines in 1982 as a business information division. The company was jointly created by Central Bank of the Philippines, now Banko Sentral ng Pilipinas (BSP); the Philippine Securities and Exchange Commission (SEC) and the Financial Executives Institute of the Philippines (FINEX).

In 1997, CIBI was incorporated and transformed into a private entity with a new corporate name as CIBI Information, Inc. Since then, CIBI expanded its intelligence coverage in national and international spectrum through groundwork and affiliations with local and foreign information and credit companies.

In 2016, CIBI was accredited as one the Special Accessing Entity of Credit Information Corporation as set forth under Republic Act 9510 otherwise known as the Credit Information System Act.