Inc. in 1932, exactly seventy-five years ago today, when our country was still under American rule, and our population was roughly about 15 million.
Since then, the Philippines has won its independence; your association has changed its name to the Credit Management Association of the Philippines – a recognition of the equally important role women play in credit management; while our population has multiplied 5 ½ times to 84 million! Through all these changes, CMAP’S reason for being has remained constant: credit information exchange.