Orix Metro-CIBI partnership aims to empower businesses with data-driven financing solutions

December 9, 2024
1:21PM PHT

Orix Metro Leasing and Finance Corp., a prominent player in the Philippine leasing and finance sector, has partnered with CIBI Information Inc. (CIBI), the country’s leading credit bureau, to revolutionize credit assessment and financial solutions.

Through this partnership, Orix Metro will integrate CIBI’s advanced credit data and business intelligence tools to enhance its credit risk management processes, CIBI said in a statement.

This move allows Orix Metro to deliver tailored, data-driven financial services that better meet the needs of businesses and individuals, it added.

Orix Metro CEO & president Angelo Padua and CIBI CEO & president Pia Arellano shake hands after the signing of the partnership agreement./ Contributed photo

Orix Metro president Angelo Padua underscored the importance of this collaboration: “By leveraging CIBI’s comprehensive database, we can make informed, data-driven decisions that will improve the quality and accessibility of our services. This partnership reinforces our commitment to providing innovative, inclusive financial solutions.”

CIBI president and CEO Pia Arellano expressed similar optimism, emphasizing the mutual benefits of the alliance. “CIBI’s mission is to equip businesses with the tools to make informed decisions. Partnering with Orix Metro aligns perfectly with our goal of fostering transparency and financial growth.”

This collaboration aims to broaden financial inclusion in the Philippines. With access to CIBI’s credit insights, Orix Metro will extend financing to underserved markets, including those with limited credit histories. By integrating cutting-edge data, the partnership enhances loan approval speed, risk reduction, and accuracy.

CIBI’s sales manager Joan Ramos highlighted the potential impact: “Combining our credit insights with Orix Metro’s financial expertise will drive inclusive growth and innovation.”

As Orix Metro continues to expand, this partnership signals a transformative step towards a more inclusive and dynamic financial landscape in the Philippines.-- Ed: CSN

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