Change font size:   

 
Cash management poll 2008:

Cash management poll 2008:

Results now live

The US treasury market reaches breaking point

The US treasury market reaches breaking point

The structural issue that could cause the world's market of last resort to grind to a halt

Tuesday, September 2, 2008

Filipino banks' outstanding loans increase 24.2% y/y in June.





Filipino banks' outstanding loans increase 24.2% y/y in June. According to preliminary figures of the Bangko Sentral ng Pilipinas (BSP), the outstanding loans of commercial banks in the Philippines, inclusive of reverse repurchase agreements (RRPs) increased by 24.2% y/y in June compared to 15.4% y/y in May. Net of RRPs, bank lending increased by 18.1% y/y in June compared to 15.8% y/y in May. Loans for production purposes increased by 15.7% y/y in June compared to 13.7% y/y in May. Consumption loans increased by 22% y/y during the month compared to 19.9% y/y in May.







Ruromoney Jobs Post a job