bank-lending | ABS-CBN News

Bank lending expands at slower pace at 10.4 percent in January: BSP

ABS-CBN News
Posted at Mar 01 08:46 AM

Outstanding loans of universal and commercial banks, net of reverse repurchase (RRP) placements with the Bangko Sentral ng Pilipinas, expanded by 10.4 percent in January 2023, government data showed. Read more »

Bank lending up 13.4 percent in December

ABS-CBN News
Posted at Jan 31 01:11 PM

Despite interest rates hitting a 14-year high, bank lending expanded by 13.4 percent in December 2022 compared to the same month in 2021, the Bangko Sentral said. Read more »

Bank lending grows 13.9 percent in October: BSP

ABS-CBN News
Posted at Nov 30 02:21 PM

Outstanding loans of universal and commercial banks, net of reverse repurchase placement with the BSP grew by 13.9 percent in October. Read more »

Consumers borrow despite higher interest rate to fight off inflation

Warren De Guzman, ABS-CBN News
Posted at Nov 02 04:03 PM

Filipino consumers continue to turn to personal loans and credit cards amid surging inflation despite the recent hikes in interest rates, analysts have said Wednesday. Read more »

Bank lending up 13.4 pct in Sept: BSP

ABS-CBN News
Posted at Oct 31 04:48 PM

Lending by universal and commercial banks grew 13.4 percent year-on-year in September, the Bangko Sentral said on Monday citing preliminary data. Read more »

'High interest rate, elevated inflation to slow household consumption'

ABS-CBN News
Updated as of Oct 14 11:55 AM

Household consumption could slow down in the next few months due to interest rate hikes by the central bank and elevated inflation, an economist said. Read more »

Bank lending expands 10.7 percent in May: BSP

ABS-CBN News
Updated as of Jun 30 12:21 PM

Bank lending continued to gain pace as the outstanding loans of universal and commercial banks expanded by 10.7 percent in May, the central bank said Thursday. Read more »

Inflation may have 'manageable' impact on loan growth: Fitch Ratings

ABS-CBN News
Posted at Jun 07 10:52 AM

Elevated inflation could have an impact on loan growth but it is likely to remain manageable, said Fitch Ratings Financial Institutions Director Tamma Febrian. Read more »

Bank lending expands further in April: BSP

ABS-CBN News
Posted at Jun 02 09:21 AM

The outstanding loans of universal and commercial banks, net of reverse repurchase (RRP) placements with the Bangko Sentral ng Pilipinas grew further in April. Read more »

Bank lending grows an annual 8.9 percent in March

ABS-CBN News
Posted at May 04 09:51 PM

Bank lending grew 8.9 percent year-on-year in March, the Bangko Sentral ng Pilipinas said on Wednesday. Read more »

Bank lending expands in February

ABS-CBN News
Posted at Mar 31 04:59 PM

BSP said said the outstanding loans of universal and commercial banks, net of reverse repurchase placements, grew 8.8 pct year-on-year in February. Read more »

China-backed bank halts lending to Russia, Belarus

Agence France-Presse
Posted at Mar 04 12:11 PM

The China-backed Asian Infrastructure Investment Bank said it will suspend business related to Russia and Belarus, which have been hit with massive international sanctions over the Ukraine war. Read more »

Bank lending expands 8.5 pct in January: BSP

ABS-CBN News
Posted at Feb 28 02:42 PM

Bank lending expanded further for the 6th consecutive month in January, according to the latest data released by the Bangko Sentral ng Pilipinas on Monday. Read more »

Bank lending expands 4.6 percent in December

ABS-CBN News
Posted at Jan 31 04:50 PM

Bank lending expanded by 4.6 percent in December 2021, the Bangko Sentral ng Pilipinas said Monday. Read more »

Banks urged to keep real estate lending 'a priority'

ABS-CBN News
Posted at Dec 02 01:07 PM

The Bangko Sentral ng Pilipinas said Thursday real estate lending should remain a priority for banks. Read more »

Bank lending expands anew in October

ABS-CBN News
Posted at Dec 01 12:00 PM

The outstanding loans of universal and commercial banks, net of reverse repurchase (RRP) placements with the Bangko Sentral ng Pilipinas increased faster at 3.5 percent in October, data from the central bank showed. Read more »

Bank lending expands 2.7 percent in September: BSP

ABS-CBN News
Posted at Oct 29 04:30 PM

Outstanding loans of universal and commercial banks, net of reverse repurchase (RRP) placements with the BSP rose by 2.7 percent in September compared to the same period last year, the central bank said Friday. Read more »

Banks tighten lending standards in Q3: BSP survey

ABS-CBN News
Posted at Oct 21 09:39 PM

The BSP said banks became stricter about lending money to businesses and consumers in the July to September period, based on its survey. Read more »

Bank lending declines in June, slower than previous month: BSP

ABS-CBN News
Posted at Jul 30 04:32 PM

Consumer loans to residents dropped by 8.6 percent in June from a 9.2 percent decrease in May "as motor vehicle loans and salary-based consumption loans declined further," the central bank said. Read more »

Bank lending declines by 4 percent in May due to 'muted' credit activity: BSP

ABS-CBN News
Posted at Jun 30 05:24 PM

Outstanding loans of universal and commercial banks, net of reverse repurchase, declined by 4 percent in May following a 5 percent drop in April, the Bangko Sentral ng Pilipinas said Wednesday. Read more »