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Banks see steady demand for business loans in Q2

DESPITE the tight monetary policy of the central bank, local firms are expected to have the same, if not more, appetite for loans in the second quarter, according to data from the Bangko Sentral ng Pilipinas (BSP). Based on the results of the Senior Bank Loan Officers’ Survey (SLOS), BSP…

Lending to stay tepid while rates are high

BANK lending to both households and corporate borrowers could remain tepid as long as the Bangko Sentral ng Pilipinas (BSP) keeps key policy rates high, according to US-based Global Source Partners. In a brief, Global Source Partners country analyst Diwa Guinigundo said that due to the high rates, there has…

Banks maintain credit standards

Banks maintain credit standards
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BSP sees higher demand for housing loans in Q1

Attractive financing terms and rising consumption are expected to boost household demand for housing loans in the first three months of the year, according to the Bangko Sentral ng Pilipinas (BSP). Results of the fourth quarter 2023 Senior Bank Loan Officers’ Survey (SLOS) reflect an increase in the demand for…

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