Associates

-

Philippine Rating Services Corporation

CIBI Foundation, Inc. owns 30% of PhilRatings, the pioneer domestic credit rating agency in the Philippines accredited by both the Bangko Sentral ng Pilipinas (BSP) and the Securities and Exchange Commission (SEC).

8471FFEF 4AA0 4302 B4A7 01B11114C07E

CIBI Information, Inc.

CIBI Foundation, Inc. also owns 25% of CIBI Information, Inc. Prior to its incorporation as a separate entity in 1997, CIBI Information Inc. (CIBI) was one of the major units of Credit Information Bureau Inc.

CE360250 6D5C 4029 8348 4C62C15FEF8B