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BSP sets more stringent rules on bank lending

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Banks may soon be under more pressure to rein in lending to property firms following the approval of new stringent guidelines on real estate loans.

Posted: July 4th, 2014 in Headlines | Read More »

Bank lending still up by a double-digit pace

Banks started the year on a high note as the loans they extended continued to rise by a double-digit pace in January. The Bangko Sentral ng Pilipinas on Friday reported that outstanding loans from universal and commercial banks in the country reached P3.18 trillion as of the end of January—up by 15.4 percent from the P2.76 trillion posted in the same period last year.

Posted: March 1st, 2013 in Headlines | Read More »

Bank lending up 16.2% to P3.2T in 2012

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Bank lending in the country remained robust in 2012, as the combined loan portfolios of universal and commercial banks registered another double-digit expansion.

Posted: February 14th, 2013 in Headlines | Read More »

Double-digit growth for bank lending seen

Aurelio “Gigi” Montinola III: There’s life after BPI

Bank lending in the country is expected to expand at another double-digit pace in 2013 as industry players have sufficient appetite to extend credit to individuals and enterprises.

Posted: January 21st, 2013 in Latest Business Stories | Read More »

BSP: Banks may still lend more to support PPP

The Bangko Sentral ng Pilipinas has extended the effectivity of a temporary regulation that allows banks to lend more to firms investing in priority infrastructure projects of the government.

Posted: December 21st, 2012 in Headlines | Read More »

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