lending | ABS-CBN News

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 expands 13.7 pct in November: BSP

ABS-CBN News
Posted at Jan 04 12:25 PM

Outstanding loans of universal and commercial banks, net of reverse repurchase placements with the Bangko Sentral ng Pilipinas, grew by 13.7 percent in November from 13.9 percent in October last year. Read more »

ALAMIN: Paano nga ba maiiwasan ang mga online lending app scam?

ABS-CBN News
Posted at Dec 12 11:50 AM

Paano nga ba makakaiwas sa mga scam mula sa online lending apps? 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 »

Opisinang 'nangha-harass' sa mga di nagbabayad ng utang sinalakay

ABS-CBN News
Updated as of Sep 15 08:20 PM

Sinalakay ng Philippine National Police ang isang call center na nanghaharass umano ng mga may utang sa online lending agencies. Read more »

UnionBank to inaugurate innovation campus

ABS-CBN News
Posted at Sep 07 10:20 AM

UnionBank is set to inaugurate its Innovation Campus in San Pedro, Laguna, which is meant to be a venue for research and development Read more »

Bank lending expands by 12 pct in July

ABS-CBN News
Updated as of Aug 31 12:27 PM

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

Biz group supports BSP’s rate hike

Warren de Guzman, ABS-CBN News
Posted at Aug 19 02:15 PM

The Philippine Chamber of Commerce and Industry (PCCI) said it supports the Philippine Central Bank’s latest rate hike. Read more »

Lending agency sinalakay dahil sa umano'y pamamahiya

ABS-CBN News
Posted at Jul 22 07:55 PM

Sinalakay ng pulisya ang tanggapan ng isang online lending agency sa Pasig, na inireklamong nangha-harass at namamahiya ng mga hindi nakakapagbayad ng utang. 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 »

GCash disburses over P2.5-B in cash loans in 10 months

ABS-CBN News
Posted at Jun 13 11:02 AM

GCash on Monday said it has released over P2.5 billion in cash loans within 10 months since the launch of its lending feature GLoan. 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 »

Fitch Ratings revises outlook on PH banks to 'stable'

ABS-CBN News
Posted at Jun 02 09:36 AM

Fitch Ratings revised its outlook on Philippine banks to stable from negative due to continued economic recovery and waning COVID-19 pandemic risks. 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 »

BPI says net income at P8-B in Q1 2022

ABS-CBN News
Posted at Apr 21 12:07 PM

The BPI said its net income for the first quarter of 2022 reached P8 billion, which is 59.6 percent higher compared to the same period last year. Read more »

BSP: Digital banks offer more credit access to MSMEs

ABS-CBN News
Posted at Apr 14 12:00 PM

The Bangko Sentral ng Pilipinas said digital banks would expand MSMEs' access to financial services as 3 new neobanks are expected to launch services this year. Read more »