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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 »

Outstanding bank loans as of Nov. ’12 hit P3.13T

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Outstanding loans issued by the country’s universal and commercial banks grew at a double-digit pace as of November 2012, on the back of rising loan demand from consumers and businesses.

Posted: January 17th, 2013 in Headlines | Read More »

Banks’ FCDU lending up by 15%

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Bank loans denominated in US dollar and other foreign currencies rose in the third quarter, as the growing liquidity in the banking sector encouraged industry players to lend more.

Posted: December 28th, 2012 in Headlines | Read More »

Chinese banks’ lending rises in November

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Chinese banks boosted lending in November from October, official figures showed Tuesday, as Beijing seeks to preserve the budding recovery in the world’s second largest economy.

Posted: December 11th, 2012 in Latest Business Stories | Read More »

Banks’ obligations to BSP rose in first 5 months

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Loans secured by banks from the rediscounting facility of the Bangko Sentral ng Pilipinas rose by over 60 percent in the first five months of the year, as the country’s low interest rate environment spurred demand for credit.

Posted: June 11th, 2012 in Headlines | Read More »

Banks’ forex loans surged in Sept.

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Bank loans denominated in foreign currencies grew by a double-digit pace as of end-September, as growing liquidity of the creditors increased their appetite for lending. The Bangko Sentral ng Pilipinas on Friday reported that outstanding loans from foreign currency deposit units (FCDUs) of banks amounted to $6.6 billion as of the end of the third [...]

Posted: December 31st, 2011 in Editor's Pick,Headlines | Read More »

BSP pushes establishment of credit bureau for small traders

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The Bangko Sentral ng Pilipinas is pushing for the establishment by end-2011 of a credit bureau that will allow credit-worthy enterprises to easily secure bank loans.

Posted: November 16th, 2011 in Headlines | Read More »

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