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Loans, Credit and Asset Management

Credit Information System (CRIS)

The Department of Loans and Credit (DLC) has developed Credit Information System, a credit scoring system, which shall be the basis of determining the rediscounting line of banks with the Bangko Sentral ng Pilipinas (BSP). It was approved by the Monetary Board on 6 January 2005 and implemented through Circular No. 480 dated 15 March 2005, amended by Circular No. 515 and 630 dated 6 March 2006 and 11 November 2008, respectively.

Banks may submit their applications for rediscounting line in the prescribed RL Form No. 1 with the DLC, together with the documents required under Subsection X268.2 of the Manual of Regulations for Banks, as amended by Circular No. 630 dated 11 November 2008. For further inquiries, please contact the Credit Rating and Loan Evaluation Division of DLC at Tel. Nos. 306-2413 and 306-2784.