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June lending growth picks up
Manila Bulletin
|August 06 2025
Loans from big banks or universal and commercial banks (UK/Bs), excluding investments in the central bank’s reverse repurchase (RRP), grew by a faster 12.1 percent in June from May’s 11.3-percent expansion.
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According to the latest data from the Bangko Sentral ng Pilipinas (BSP) released on Monday, Aug. 4, the growth in outstanding loans to residents expanded by 12.6 percent in June from 11.8 percent in May.
Meanwhile, the contraction in outstanding loans to nonresidents eased slightly to 6.4 percent in June, following a faster 6.6-percent decline a month ago. Outstanding loans to nonresidents cover those extended by big banks’ foreign currency deposit units (FCDUs) to borrowers abroad.
Denne historien er fra August 06 2025-utgaven av Manila Bulletin.
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