Try GOLD - Free
Banks' FCDU loans rise to $15.7B
The Philippine Star
|January 01, 2025
Foreign currency loans granted by banks inched up by 0.7 percent to $15.75 billion as of end-September 2024 from the end-June level of $15.63 billion, according to the Bangko Sentral ng Pilipinas (BSP).
In a statement, the BSP said the outstanding loans granted by banks' foreign currency deposit units (FCDU) increased by $114 million as disbursements exceeded principal repayments.
The latest figure also rose by $246 million or 1.6 percent from the $15.5 billion seen in end-September 2023.
This story is from the January 01, 2025 edition of The Philippine Star.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The Philippine Star
The Philippine Star
Marcoleta agrees to debate Carpio on WPS
Sen. Rodante Marcoleta has accepted retired Supreme Court senior associate justice Antonio Carpio’s challenge to debate on the South China Sea issue.Speaking to GMA News yesterday, Marcoleta said he is amenable to the offer of the Philippine Bar Association to host a debate with the legal luminary if only to settle criticisms that he was defending China’s interests in questioning the West Philippine Sea (WPS).
1 mins
February 18, 2026
The Philippine Star
Why Filipinos are dissatisfied with PBBM
More Filipinos are dissatisfied with President Marcos Jr. than satisfied.
4 mins
February 18, 2026
The Philippine Star
Abstain from stealing public funds, pols told
As the Catholic Church begins the observance of Lent, an official of the Catholic Bishops' Conference of the Philippines (CBCP) yesterday advised corrupt politicians to fast and abstain from stealing public funds.
4 mins
February 18, 2026
The Philippine Star
Transport group pushes P1 basic fare increase
Transport group Pasang Masda is pushing for a P1 provisional fare hike due to the successive oil price hikes.
1 min
February 18, 2026
The Philippine Star
From Beijing to Manila, millions welcome Year of the Horse
Millions ushered in the Lunar New Year with traditional prayers, dragon dances and fireworks alongside 21st-century humanoid robots.
2 mins
February 18, 2026
The Philippine Star
6 Senate bills pending to scrap travel tax
Six separate measures are now pending in the Senate to dismantle the decades-old travel tax, with Sen. Francis Pangilinan filing the latest bid to remove what he describes as an \"economic burden\" that stifles the mobility of ordinary Filipinos.
1 min
February 18, 2026
The Philippine Star
Phl, US boost alliance for Indo-Pacific deterrence
The Philippines and the United States committed to maintaining a vigilant posture in the region and strengthening the alliance to reestablish deterrence in the Indo-Pacific as they condemned China's illegal, coercive, aggressive and deceptive activities in the South China Sea.
1 min
February 18, 2026
The Philippine Star
Maguindanao mayor's nephew killed in ambush
A nephew of the mayor of Shariff Aguak in Maguindanao del Sur, who survived a rocket attack last month, was killed in an ambush yesterday morning.
1 min
February 18, 2026
The Philippine Star
A small oasis for cinemagoers
Once in a blue while the Film Development Council of the Philippines (FDCP) goes out of its way to give the average Filipino filmgoer a treat, at the same time help foster a deeper appreciation for the more than hundred year old craft.
3 mins
February 18, 2026
The Philippine Star
Top Chery dealers feted at much-anticipated GRIT Awards 2025
In recognition of all the efforts exerted by their dealers in putting more and more satisfied customers behind the wheel of Chery vehicles and in providing excellent after-sales service, United Asia Automotive Group Inc. (UAAGI), the exclusive Philippine distributor of Chery automobiles, held the Chery GRIT Awards at the ACEA Beach Resort last February 3 in Subic.
3 mins
February 18, 2026
Listen
Translate
Change font size