PH bank lending slowed further in Feb on high rates

The year-on-year growth in lending by the country’s big banks slowed for the third month in a row to 10 percent in February, with total loans settling at P10.69 trillion amid rising interest rates. For comparison, bank lending grew by 10.4 percent to P10.7 trillion in January and by 13.5 percent to P10.9 trillion in … Continue reading PH bank lending slowed further in Feb on high rates