Orix Metro Leasing and Finance Corp. (Orix Metro), a key player in the Philippine leasing and finance industry, has partnered with CIBI Information Inc. (CIBI), a credit bureau, to enhance its credit risk evaluation processes.
This collaboration allows Orix Metro to incorporate CIBI’s extensive credit data and business intelligence solutions into its operations. The move aims to improve how the company assesses creditworthiness, enabling it to offer more tailored financing solutions to businesses and individuals.
“This partnership with CIBI is a crucial step in enhancing our credit assessment capabilities and risk management practices,” said Angelo Padua, president of Orix Metro. “By leveraging CIBI’s deep database of credit information, we will be able to make more informed, data-driven decisions. With CIBI’s support, we are confident that we can further improve the quality and accessibility of our financial services.”
The integration of CIBI’s data aims to support faster and more reliable loan approvals while promoting financial inclusion. Orix Metro plans to use this data to extend credit options to clients with limited credit history, broadening access to financing.
“At CIBI, our mission is to provide businesses with the tools they need to make informed financial decisions,” said Pia Arellano, president and CEO of CIBI. “We are proud to partner with Orix Metro, a company that shares our commitment to transparency and data integrity. With our comprehensive credit-related services, Orix Metro will be able to strengthen its credit risk assessments, ensuring that they offer financial products and services that are well-suited to the needs of their clients.”