The remittance marks a milestone for the state-owned corporation, which recorded its highest annual revenue of P459.37 million in 2025 while expanding its credit information services.
In a statement, the Department of Finance (DOF) said dividends from government-owned or -controlled corporations (GOCCs) provide non-tax revenues that help finance infrastructure and socioeconomic development programs.
Dividend requirement
The remittance complies with Republic Act No. 7656, or the Dividend Law, which requires GOCCs to remit at least 50 percent of their net earnings from the preceding year to the national government.
DOF Government Corporations and Investments Group Undersecretary Ma. Angela E. Ignacio said state corporations must generate public value while fulfilling their mandates.
“Government resources must create value for the people,” Ignacio said.
She emphasized CIC's role in strengthening the country's credit information system, improving lending decisions and broadening access to financing.
Record performance
In 2025, CIC generated P459.37 million in revenue, its highest since its establishment.
The corporation also produced more than 28 million credit reports and recorded 38 million credit report inquiries, reflecting increased use of its credit information services.
CIC president and chief executive officer Ben Joshua A. Baltazar said reliable credit information helps financial institutions assess borrowers and manage lending risks.
“Through reliable credit information, we empower lenders to practice data-driven credit decisioning and accurate risk management, while enabling borrowers to gain access to greater financial opportunities,” Baltazar said.
CIC said its improving financial performance and expanding services strengthen its contribution to a more efficient and inclusive credit market. —Ed: Corrie S. Narisma
