Home Credit, CIC formalize ties | Inquirer Business

Home Credit, CIC formalize ties

12:00 AM March 13, 2017

Home Credit, a Prague-based consumer finance company that helps customers avail themselves of smartphones, appliances and other gadgets through installment, recently formalized its partnership with state-run Credit Information Corporation (CIC), with the sharing of its Philippine credit database to CIC now underway.

Home Credit Philippines’ (HCPH) data sharing, which will happen in stages, is in compliance to Republic Act 9510, which requires banks, finance companies and other credit facilities such as utility companies to submit data related to their clients’ credit history to the CIC. HCPH was one of the very first companies to become compliant.

HCPH CEO Annica Witschard said that “in every country that Home Credit is in, we firmly believe in the importance of having a system in place to promote financial inclusion, and ensure that more and more people are given access to financial tools.”


Mövenpick Hotel Mactan Island Cebu seeks top award


Mövenpick Hotel Mactan Island Cebu celebrates the first quarter of the year with a prestigious nomination from the World Travel Awards. Among the plethora of regional and national level nominations, the Cebu hotel is short-listed under the category “Philippines’ Leading Resort 2017,” alongside select properties in Boracay, Palawan and Surigao.

Dubbed the Oscars of the travel industry, World Travel Awards is recognized across the globe as the ultimate travel accolade. It serves to acknowledge, reward and celebrate excellence across all sectors of the global travel and tourism industry.

Mövenpick Hotel Mactan Island Cebu is a Mediterranean-inspired beachfront hotel, located on a lush tropical island, about six kilometers from the Mactan International Airport.

Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

TAGS: credit, Home Credit

© Copyright 1997-2024 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.