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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).

- By KEISHA TA-ASAN

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.

The Philippine Star

यह कहानी The Philippine Star के January 01, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

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