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Bank lending accelerated to 12.1% in May
Summary by Inquirer
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Bank lending accelerated to 12.1% in May
MANILA, Philippines – Bank lending in the Philippines grew at its fastest pace in 15 months in May as the central bank’s earlier monetary easing cycle started to seep into the economy. According to the latest data from the Bangko Sentral ng Pilipinas (BSP), outstanding loans of universal and commercial banks climbed by 12.1 percent
·Manila, Philippines (the)
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Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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