Lending activities by large banks in the Philippines grew at its fastest pace in two years in January 2025, reaching P13.019 trillion, according to data released by the Bangko Sentral ng Pilipinas ...

Bank lending accelerated further in January 2025, posting its fastest growth in over two years, according to data from the ...

FOLLOWING a series of interest rate cuts last year, bank lending has accelerated, according to the initial data of the Bangko Sentral ng Pilipinas (BSP).The cen ...

The lending growth of big banks continued to climb in January, hitting a new two-year high of 12.8 percent, according to the ...

Commercial loans rose by 17.7 percent on increased corporate capital spending, while consumer loans grew by ... as the Bangko Sentral ng Pilipinas (BSP) began its easing cycle last year.

With car sales expected to top 500K units this year, local auto manufacturing should be pursued with vigor THE PHILIPPINE ...

During 2024, the Philippine banking system scored its best year.

HOUSEHOLD DEBT declined in 2021, reflecting reluctance to take on additional debt during the pandemic, the Bangko Sentral ng Pilipinas (BSP) reported. The BSP’s 2021 Consumer Finance Survey indicated ...

Lending to key industries such as real estate and retail trade also rose. Philippine banks’ lending rose by 12.8% year-on-year (YoY) in January 2025, according to central bank data. Outstanding loans ...

FILIPINO households continue to build their wealth primarily through non-financial assets, with home appliances and equipment ...

Consumer loans to residents expanded 24.4 percent in January from 25.0 percent in December, driven by the increase in credit card and motor vehicle loans. “Looking ahead, the BSP will continue to ...