Credit bureaus in the Philippines

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, 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.