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  1. Government entities, including the BSP and Land Bank, contributed to national dividends overseen by the Marcos administration.

Credit Information Corp. remits P169.64 million in dividends to National Government

1 report, 1 independent Updated Sep 18
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What happened

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The Credit Information Corp. remitted P169.64 million in dividends to the National Government. This contribution marks the first dividend remittance by the corporation since its establishment in 2008, according to the Department of Finance.

From tribune.net.ph

Why it matters

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The remittance fulfills the mandate of government-owned and controlled corporations to generate returns for the government. The Credit Information Corp. serves as the country’s central credit registry, supporting informed lending decisions and helping to broaden access to credit.

Government entities, including the BSP and Land Bank, contributed to national dividends overseen by the Marcos administration.

From tribune.net.ph

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