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Loans disbursed by Philippine banks for agriculture and agrarian reform grew by 11.1 percent to P847.95 billion in the first half of the year, but this remains short of the mandated threshold for both sectors. ....
The new law providing a comprehensive financing framework for the development of the agriculture, fisheries sector, and rural communities would equip banks with greater flexibility in allocating their resources, according to Bangko Sentral ng Pilipinas Governor Felipe Medalla. ....
Bangko Sentral ng Pilipinas (BSP) Governor Felipe M. Medalla on Friday, Aug. 5 said the BSP will efficiently and effectively implement Republic Act No. 11901 or The Agriculture, Fisheries, and Rural Development Financing Enhancement Act of 2022, a timely to help the agricultural sector recover from ....