ORIX METRO and CIBI Information, Inc. Announce Strategic Partnership to Drive Business Growth and Financial Innovation

ORIX METRO and CIBI Information, Inc. Announce Strategic Partnership to Drive Business Growth and Financial Innovation

Thursday, December 5, 2024

Manila, Philippines – ORIX METRO Leasing and Finance Corporation (ORIX METRO), a leader in the Philippine leasing and finance sector, has announced a strategic partnership with CIBI Information, Inc. (CIBI), the country’s pioneering and most established credit bureau. Through this partnership, ORIX METRO will now integrate CIBI’s robust credit data and business intelligence solutions to better assess credit risk and enhance its financial offerings to clients.

As part of the agreement, ORIX METRO will utilize CIBI’s comprehensive credit information to strengthen its credit risk assessment processes, allowing the company to offer more tailored, data-driven financial solutions to businesses and individuals.

ORIX METRO President Mr. Angelo Padua highlighted the value that CIBI’s services bring to the company’s offerings. “This partnership with CIBI is a crucial step in enhancing our credit assessment capabilities and risk management practices. 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,” said Mr. Padua.

CIBI President and CEO Ms. Pia Arellano expressed her enthusiasm about the partnership, emphasizing the role of CIBI’s services in supporting ORIX METRO’s growth. “At CIBI, our mission is to provide businesses with the tools they need to make informed financial decisions. 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,” said Ms. Arellano.

This collaboration promises to enhance ORIX METRO’s financial offerings by improving its ability to assess the creditworthiness of businesses and individuals seeking financing. By integrating CIBI’s credit information into its decision-making processes, ORIX METRO will be better equipped to offer more accurate financing terms, reduce risks, and provide quicker, more reliable loan approvals.

The partnership also aims to benefit the broader market by promoting greater financial inclusion. With CIBI’s credit data, ORIX METRO will be able to extend financing options to a wider range of customers, including those who may have previously faced challenges in accessing credit due to limited credit history or information. As Joan Ramos, Sales Manager, CIBI, said, “By combining our credit insights with ORIX METRO’s financial services, we are confident that this collaboration will have a lasting positive impact on the market and drive more inclusive growth.” “This partnership is a testament to the power of collaboration within the industry,” added Noel Santiago, Sales Head at CIBI.

Both companies are optimistic about the potential impact of the partnership on the Philippine financial landscape. As ORIX METRO continues to expand its financial solutions portfolio, the integration of CIBI’s credit data is expected to play a key role in helping businesses make more informed decisions, manage risks effectively, and achieve sustainable growth.

“We are excited to embark on this journey with CIBI and look forward to seeing how data and insights will enable us to serve our clients better. This partnership will help us create more inclusive, transparent, and efficient financial services, which is critical for supporting businesses as they navigate today’s dynamic economic environment,” said Mr. Padua.

This historic signing was joined by stakeholders from both ORIX METRO and CIBI:

 

Strengthening ties for financial innovation (from left): ORIX METRO President Angelo Padua and CIBI CEO & President Pia Arellano seal the strategic partnership in a signing ceremony.

Key leaders from ORIX METRO and CIBI Information, Inc. collaborate to drive innovation in the financial sector: (seated, from left) ORIX METRO Vice President Arnaldo Bacabac, ORIX METRO President Angelo Padua, CIBI CEO & President Pia Arellano, and CIBI Vice President & Head for Financial Service Industry Josh Mortega; (standing, from left) ORIX METRO FVP-Product Development Head Michael Bautista, ORIX METRO FVP Corporate Planning Division Head Michael Oliva, ORIX METRO FVP Operations Group Head Aura Montenegro, ORIX METRO Controllership Group Head Mary Joy Aquino, ORIX METRO Director Tatsuya Tokudome, CIBI Sales Manager Joan Ramos, CIBI Marketing Manager Renz Dugenia, CIBI Executive Assistant Josele Lachica, and ORIX METRO Head of Corporate Legal Services Department Atty. Jim Maniri.

 

About ORIX METRO Leasing and Finance Corporation

ORIX METRO Leasing and Finance Corp is a premier leasing company in the Philippines, known for its exceptional financial services and commitment to the country's socio-economic development. With 47 years of industry leadership, the company continues to redefine its role by making a meaningful difference in the lives of Filipinos.

 

About CIBI Information Inc. (CIBI)

CIBI Information Inc. is the Philippines' pioneering credit reporting agency, established in 1982 under the Central Bank of the Philippines (now Bangko Sentral ng Pilipinas). Accredited by the Credit Information Corporation (CIC), CIBI serves as a trusted intelligence partner to over 500 organizations across diverse industries.

With a team of over 200 dedicated professionals, CIBI offers a wide range of solutions that make credit and employment more accessible and inclusive for Filipinos. Acquired by Creador, a private equity firm, in 2020, CIBI has since collaborated with global leaders such as FICO, GDS, and Smart Consulting. It also works closely with CTOS, Malaysia’s leading credit reporting agency, to integrate international best practices into the Philippine market.

CIBI is committed to remaining at the forefront of the information services industry, driving financial inclusion and creating economic opportunities nationwide.

For more information, visit www.cibi.com.ph.