Monday, 2 December 2024
2 days ago
QUICK LOOK: Bank lending grew 10.6% in October 2024, says BSP
Loans for production saw a strong increase, but lending for consumers grew at an even faster clip, according to the central bank's data.
25 Oct 2024
4:01PM
Banks lean toward cautious lending in Q4 amid rising credit demand — BSP survey
According to the Bangko Sentral ng Pilipinas, the survey, which used both modal and diffusion index methods to assess loan trends, reflects caution among banks amid concerns about borrower profiles and portfolio profitability.
27 Sep 2024
12:21PM
Philippine real estate price growth slowed in second quarter as market cools
According to the central bank, the Residential Real Estate Price Index increased by 2.7% year-on-year, marking a significant deceleration from the 6.1% annual increase recorded in the first quarter of 2024.
1 Sep 2024
1:16PM
Cash circulating in PH economy grew faster in July as markets anticipated BSP rate cut
For the third consecutive month this year, cash and “near cash” items circulating in the Philippine financial system grew above 6% in July this year as the market anticipated the August interest rate reduction promised by the Bangko Sentral ng Pilipinas.
8 Aug 2024
9:27AM
Cash circulating in PH economy kept growing in June, too, BSP efforts to rein it in
For the second consecutive month since January 2024, the amount of cash and “near cash” items circulating in the Philippine financial system grew above 6%, according to the Bangko Sentral ng Pilipinas.
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