Batangas, Philippines, September 3, 2026 – Financial institutions across the Philippines are turning to data and technology to modernize lending, and Mount Carmel Rural Bank, Inc. (MCRBI) is taking that step through its new partnership with CRIF, a move toward strengthening its credit operations.
The agreement was formally signed by Summer Wang, Multi-Country Sales Director at CRIF, and Kevin Matthew M. Cadiz, President at MCRBI. Speaking on the collaboration, Ginalyn Nucum-Valdez, Chief Operating Officer at MCRBI, and Peter Naga Jr., Head of Information Technology at MCRBI, shared:
"Our partnership with CRIF reinforces our commitment to making banking more accessible and inclusive. Guided by our tagline, 'Kapartner Mo Sa Pag-Asenso,' we strive to simplify the lending process so customers can access financing as easily as 1-2-3, through just a few taps whenever the need arises. By combining digital innovation with our strong community presence, we can expand access to responsible financing while continuing to be a trusted banking partner."
Through this partnership, MCRBI will leverage CRIF's technology to help digitalize and streamline its lending processes, enabling greater efficiency across the credit lifecycle. The initiative supports the bank's vision of delivering faster, more accessible, and customer-centric financial services while maintaining prudent risk management and a strong commitment to serving the evolving needs of its communities.
Peter Naga Jr. added, "CRIF's solutions will help streamline lending from application to approval. By integrating our credit policies, risk parameters, and scoring models into the digital process, we can make faster, more consistent, and better-informed decisions while managing risk responsibly. Customers will also enjoy convenient access to services through their preferred and trusted bank within their community. This means smarter lending, stronger risk management, and greater financial inclusion."
The collaboration brings together MCRBI's deep understanding of local communities and CRIF's expertise in credit risk, decisioning, and digital lending solutions. Together, the two organizations aim to support sustainable growth, broaden access to financing, and help more Filipinos participate in the formal financial system through a lending experience that is both efficient and responsible.
We thank Mount Carmel Rural Bank, Inc. for placing its trust in CRIF. Together, we are advancing a more efficient and inclusive lending ecosystem in the Philippines.
About Mount Carmel Rural Bank, Inc.