The Central Bank of the Philippines, working with the Japan International Cooperation Agency, has launched the Credit Risk Database Philippines Web-based Scoring System to support financial institutions in assessing the creditworthiness of small and medium enterprises. The platform produces credit scores and default probabilities using anonymized financial and non-financial data from participating institutions, aiming to speed up SME loan assessments without standalone software installations. It is positioned as an additional tool to help institutions approve and price SME loans, including for “missing middle” firms that are too large for microfinance but too small for traditional commercial banks, and to generate benchmark statistics to inform policymaking on SME financing measures.
Central Bank of the Philippines 2025-07-29
Central Bank of the Philippines launches web-based Credit Risk Database scoring system for SME lending
The Central Bank of the Philippines and the Japan International Cooperation Agency have launched the Credit Risk Database Philippines Web-based Scoring System to aid financial institutions in evaluating SME creditworthiness. The platform uses anonymized data to produce credit scores and default probabilities, facilitating faster loan assessments. It aims to assist in loan approvals and pricing for SMEs, including "missing middle" firms, and to generate benchmark statistics for SME financing policy.