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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 »

Better data analysis seen as key to boosting bank lenk lending

ABS-CBN News
Posted at Jun 28 03:11 PM

Arellano noted that even with record-low interest rates, bank lending which is supposed to stimulate the economy, has barely grown as banks remained reluctant to lend due to worries over clients’ ability to pay. Read more »

BSP says small enterprises benefitted from cheap loans but lending still weak

ABS-CBN News
Posted at Jun 17 05:06 PM

Micro, small and medium enterprises have benefitted from low interest rates as the Bangko Sentral ng Pilipinas ensured that there is ample liquidity in the market, a central bank official said Thursday.  Read more »

Bank lending contracts by 5 percent in April: BSP

ABS-CBN News
Posted at May 31 06:05 PM

Outstanding loans of universal and commercial banks, net of reverse repurchase (RRP) placements with the Bangko Sentral ng Pilipinas, declined by 5 percent year-on-year in April following a 4.5 percent contraction in March, it said Monday. Read more »

Bank lending falls 4.5 percent in March

ABS-CBN News
Posted at May 10 06:29 PM

Bank lending fell in March as a surge in COVID-19 cases dampened economic outlook, the Bangko Sentral ng Pilipinas said on Monday. Read more »

Bank lending declines 2.7 percent in February: BSP

ABS-CBN News
Posted at Mar 31 02:01 PM

Bank lending declined by 2.7 percent in February partly due slower activities brought by the pandemic, the Bangko Sentral ng Pilipinas said Wednesday.  Read more »

Bank lending declines by 2.4 percent in January: Bangko Sentral

ABS-CBN News
Posted at Mar 02 06:25 PM

Bank lending dropped by 2.4 percent year-on-year in January reflecting a decreased demand from weaker consumer and business activities, the Bangko Central ng Pilipinas said Tuesday. Read more »

Bangko Sentral keeps interest rates steady

ABS-CBN News
Updated as of Feb 11 04:33 PM

The Bangko Sentral ng Pilipinas kept interest rates steady on Thursday in line with analysts' expectations.  Read more »