FILIPINO households showed a strong inclination towards asset accumulation, increased financial savings and reduced debt ...

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

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 ...

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

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

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 ...

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 ...

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 ...

Before signing the paperwork, be sure to get up to speed with our beginner’s guide to car loans, and read on for a look at the basics of how car loans work and the implications of the choices ...

Often, personal loans are for specific expenses. For example, you might apply for a car loan to buy a vehicle ... reports the Financial Consumer Agency of Canada. Adjusting your amortization ...

Greg Krasnov, Founder & CEO of Tonik said: “Reaching one million loans marks a major stride in our mission to deliver fast, accessible mass-market consumer credit across the Philippines.

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