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PH bank lending accelerates as business loans pick up
Summary by Inquirer
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1 Articles
PH bank lending accelerates as business loans pick up
MANILA, Philippines — Bank lending accelerated in July, as stronger growth in business loans more than offset a slight slowdown in consumer credit. Loans from big banks grew 10.4 percent from a year earlier to nearly P15 trillion, according to the latest data from the Bangko Sentral ng Pilipinas (BSP). READ: Local bank lending to MSMEs
·Makati, Philippines (the)
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