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Big banks keep level of bad loans low

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Bad loans held by major banks remained low at the end of August as the industry maintained prudent lending standards despite strong demand from households and businesses benefiting from the country’s growing economy.

Posted: October 31st, 2013 in Headlines | Read More »

Banks’ outstanding loans hit P3.22T

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Outstanding loans from universal and commercial banks maintained a double-digit pace of growth in March as high liquidity of the banking sector prompted industry members to service credit requirements of consumers and enterprises.

Posted: April 30th, 2013 in Headlines | Read More »

Bank loans from BSP up 75%

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Loans secured by banks from the Bangko Sentral ng Pilipinas surged in the first two months of the year, as the historic-low interest rates encouraged borrowing activities.

Posted: March 11th, 2013 in Latest Business Stories | Read More »

Bank loan rates decline in 2012

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Bank lending rates fell by an average 71.5 basis points to reach record lows in 2012 and are expected to further decline this year.

Posted: January 31st, 2013 in Headlines | Read More »

Alsons to secure new loans to bankroll projects

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Alsons Consolidated Resources Inc. of the Alcantara family is set to tap new loan facilities to help raise funds for roughly P14 billion worth of power projects in Mindanao.

Posted: January 21st, 2013 in Headlines | Read More »

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