History In 1931 some credit men met and discussed the Credit problem of their companies. They envisioned a need to form an organization. April 19, 1932 they formally formed the association as a non-stock non-profit institution under the name of Association of Credit Men, Inc.

In 1967 the Association formally changed its name to Credit Management Association of the Philippines (CMAP) Inc.

At present CMAP has over 350 member companies from the banking, financing, services, trading, manufacturing, and insurance sectors of the Philippine business.

Also, affiliated with CMAP are regional credit associations from Visayas and Mindanao.

Vision Foster a strong and sturdy professional association

Contribute to the financial stability of its member and national economic growth and progress Nurture credit consciousness, responsibility and discipline among credit grantors and credit users

To make CMAP the premier credit management institution

To instill, develop and nurture credit consciousness, responsibility and discipline

To promote active and voluntary interchange, mutual and reciprocal use, of quality credit information

To establish maintain and perpetuate mutual confidence, closer cooperation, fellowship and camaraderie among creditmen

To promote continuing credit education

To ensure wise and healthy use of creditMission

Objectives To promote active and voluntary interchange of credit information amongst members

To develop and nurture credit consciousness among credit practitioners.

To instill discipline among credit users and credit grantors.

To contribute to the country's economic development thru effective credit management.

Membership Regular members are members who may be business organizations or individuals. Currently, membership is organized on a per industry group such as: 1. Banking - 23%2. Trading - 20%3. Financing/Lending Investors - 19%4. Manufacturing - 17% 5. Services - 10%6. Real Estate - 5% 7. Insurance - 4%8. Telecommunications - 2%

Qualifications for Regular Corporate memberRegistered with the Securities and Exchange CommissionOperating for at least two (2) yearsHas a credit and/or collection unit within their organizationGood business and credit reputationSound financial condition

Qualifications for Individual member 1. Has competence and experience in the field of credit and collection management 2. Good business and credit reputation

CURRENT CMAP BOARD OF DIRECTORSBENNY T. PASAPORTE President Bank of the Philippine Islands NEIL B. BINALLA Treasurer John Clements Consultants, Inc.RODOLFO M. CARLOS JR.Vice President BDO Leasing & Finance, Inc.MARIZ S. VELICARIA Asst. Secretary Philippine Savings BankMARIE CIELO T. VERAN Asst. Treasurer Development Bank of the Phils.MELINDA C. CLARINSecreatary Stores Specialists, Inc.

JOHN HENRY T. REYES Director Digitel Mobile Philippines Inc.ANN JANET A. ANZURESDirector China Banking Corp.ERDULFO S. SION Director Business Assistance Credit Corp.EDMUND D. LAURICIO Director K Servico Trade Inc.MARGOT SANTOS Director Hongkong & Shanghai Banking Corp.OSCAR G. GUMABAY Ex-Officio Rizal Commercial Banking Corp.

Credit Education and Research Committeeis responsible for providing continuing education and training to members and other credit and collection practitioners through seminars and workshops on various aspects of credit and collection management and other related fields. Credit Information Services Committee is responsible for providing members with credit information services necessary to facilitate credit evaluation and decision making.

Industry Group Committeeis responsible for fostering closer cooperation among members by grouping them according to industry or line of business through industry group meeting where members exchange credit and collection experiences and ideas, discuss and resolve problems peculiar to their respective industry and facilitate exchange of credit and collection information on common customers or accounts.

Membership Committeeis responsible for recruiting and sustaining membership, processing and evaluating membership applications and establishing and maintaining linkages with other credit associations.

CMAP STANDING COMMITTEES

Credit Congress Committee is responsible for the holding of the Credit Congress which is the culminating activity of the Association for fiscal year and its participation in the yearly celebration of the "National Credit Consciousness Week". Programs and Sports & Fellowship Committeeis responsible for the holding of regular memberschip meetings of the Association and promoting physical fitness, fostering camaraderie and fellowship among members through sports activities.

Legal and Ethics Committee is responsible for handling all legal matters and issues involving CMAP.

Social Involvement Committee responsible for the outreach Program of the Association.

Finance Committee is responsible in the preparation of Annual Budget and overseeing the financial condition of CMAP.

Services 1. Listing of Court Cases is a compilation of court cases filed in the different courts of Metro Manila, Batangas, Cavite, Laguna, Cebu, Davao and almost all key cities in the Philippines on the following categories:a. Batas Pambansa # 22 b. Estafa c. Foreclosure d. Illegal Recruitment e. Ejectment f. Falsification of Public Document g. Replevin h. Sum of Money i. Unlawful Detainer j. Swindlingk. AttachmentL. Other Deceits

2. Listing of Returned Checks is a compilation of clients who issued check(s) which was/we dishonored by the drawee bank submitted by CMAP's members.

3. Listing of Accounts Endorsed to Lawyers is a compilation of accounts endorsed to legal submitted by the members of CMAP. 4. Listing of Past Due Accounts from telecommunication companies. 5. Listing of Past Due Accounts from manufacturing companies.

Activities General membership meetings Held Quarterly with invited Guest Speaker to talk on topic of current national importance and common interest to the general membership.Committee meetingsHeld when necessary for the preparation of projects and activities to be undertaken by the committee.Seminars/WorkshopConducts the following staple seminars/workshopProperty Appraisal Credit InvestigationFinancial Analysis Credit Analysis, Evaluation & ScoringForgery Detection & Fraud PreventionDynamics of Credit Transaction DocumentationSmall Money Claims/Symposium on Income Tax UpdateCollection Strategies & TechniqueSkip Tracing, Property Search & Land Title VerificationLegal Aspect of Credit & CollectionCollection in Crisis SeminarAccount Management Seminar

Sports and fellowship activitiesSponsors the following sports & fellowship activities:Bowling TournamentBadminton TournamentChristmas Bingo SocialFun Run National Credit Congress This is the culminating activity and the associations participation in the yearly celebration of National Credit Consciousness Week held every April 24-30.

Membership Fee: Annual Fee of Php7,000.00 * One-time entrance fee of Php2,000.00 * Annual membership fee entitles member to: - 10 account inquiries per month and in excess, a Php10.00 per account will be charge

CMAP SECRETARIATJudy M. Tagle AccountantMaria Ellen A. Anacito Collection AssistantJuanito R. Banzuelo ManagerVirginia G. Magpulong ClerkEduardo G. Baston Messenger/CollectorVernon C. Arguelles Laiason Officer

GUIDELINES ON THE TREATMENT OF CMAP NEGATIVE DATA

The Court Case, Returned Checks, Account a Referred to Lawyers and the Negative Data from the Telecom Companies merely provide lead information; they are not to be interpreted as a BLACK LISTING of accounts.The information is given with STRICT CONFIDENCE and without any responsibility on the part of CMAP. The extension of credit or any decision is determined in accordance with your own evaluation and judgment.The Court Case Data Files is a SERVICE provided by the Association to the members and gathered with good faith without liability for possible errors with procuring, collecting and communicating the information gathered.The law prohibits DISCLOSURE of any information related to loan application.Correction, amendments and updates of the files are disseminated to you. Please give them appropriate attention and update accordingly.

GUIDELINES ON THE DISCLOSURE OF INFORMATIONThe identity of the source of information deserves the same confidence as the information itself and should not be revealed to anyone including the subject inquiry. Violations of the principle of confidentiality will be ground for the following appropriate actions:

1. Warning Memo first offense2. Monetary Penalty of Php5,000 per disclosure second offense3. Revocation of right to inquire from the data base third offense4. Disaffiliation from the Association fourth offense

GUIDELINES ON UPDATING AND DELETION OF DATAShould the complainant be able to present verifiable evidence that his/her court case has been dismissed/settled/withdrawn and the CMAP Secretariat has verified it with the court, the following guidelines must be observed:

De-list name from central database.Route via email or hand carried the list of the deleted name and members must do the same accordingly, andCMAP has no responsibility if member fails to update their own data base.

REMINDERSCMAP Negative Data Files merely provide lead information and not a blacklisting of accounts.

It is gathered in good faith and provided by the Association as a service to its members. Accuracy of this listing is not guaranteed so members are requested to conduct actual verification on the status, history nature of the case and the identity of the applicants especially if it is a common name.

It does not constitute a recommendation or opinion in any manner by the association. The extension of credit or any decision is determined by the individual member in accordance with their own evaluation and judgment.

The information is given in strict confidence. The law prohibit disclosure of any information relative to loan application. The identity of the source of information deserves the same confidence as the information itself.

SUGGESTION FOR DISAPPROVAL

SORRY BUT YOU /YOUR COMPANY DID NOT PASS OUR CREDIT STANDARDSAnd for other industries, you may addMAY WE SUGGEST YOU TRY DEALING IN CASH FOR THE MEANTIME

Room 401 Cattleya Condominium #235 Salcedo Street, Legaspi Village, Makati CityP.O. Box 2693 MCPO, Makati Tel. Nos.: (632) 818-2372 / 817-8386 Fax Nos.: (632) 812-9880 / 892-9102 E-mail Address: cmaphil@pldtdsl.net Website: www.cmaphil.com