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                    [Title] => Credit growth slows to single-digit level in April
                    [Summary] => Philippine banks booked a single-digit credit growth for the first time in 12 months as the increase in loan disbursements slowed to 9.7 percent in April from 10.2 percent in March, according to the Bangko Sentral ng Pilipinas.
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                    [Title] => Bank lending continues ascent in November — BSP
                    [Summary] => Bank lending continued to expand in November as the Philippine economy reopened for business in past months.
                    [DatePublished] => 2023-01-04 14:22:00
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                    [Title] => Credit growth accelerates in January
                    [Summary] => Credit growth accelerated for the sixth straight month, growing at a faster rate of 8.5 percent in January from the revised 4.8 percent in December due to higher demand, as the economy further reopens from strict COVID lockdowns, according to the Bangko Sentral ng Pilipinas.
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                    [Title] => Credit growth slumps in September
                    [Summary] => Credit growth slumped to its slowest pace in more than 13 years as banks are more cautious because of the growing number of loan defaults despite the regulatory relief measures extended by the Bangko Sentral ng Pilipinas.
                    [DatePublished] => 2020-11-12 00:00:00
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                    [Title] => Credit growth slows in May
                    [Summary] => Credit growth slowed down for the second straight month in May as the government extended the enhanced community quarantine to limit the spread of COVID-19, according to the Bangko Sentral ng Pilipinas.
                    [DatePublished] => 2020-07-08 00:00:00
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                    [Title] => Credit growth slows to 12.7% in April
                    [Summary] => Credit growth slowed down in April, ending five straight months of faster loan disbursements as containment measures such as the enhanced community quarantine to limit the spread of the coronavirus disease or COVID-19 outbreak took its toll on economic activity, according to the Bangko Sentral ng Pilipinas.
                    [DatePublished] => 2020-06-16 00:00:00
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                    [Title] => Rate cuts spur double-digit credit growth
                    [Summary] => Credit growth picked up pace in November last year, rising by 10.1 percent as the Bangko Sentral ng Pilipinas slashed key interest rates and lowered the reserve requirement of banks.’
                    [DatePublished] => 2020-01-09 00:00:00
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                    [Title] => BSP: Further RRR cut hinges on credit growth
                    [Summary] => The Bangko Sentral ng Pilipinas will evaluate banks’ loan growth first before it can decide whether to make further cuts in banks’ reserve requirements, according to BSP Governor Benjamin Diokno.
                    [DatePublished] => 2019-12-04 00:00:00
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                    [Title] => Credit growth eases in October amid slump in manufacturing
                    [Summary] => Credit growth fell below double-digit level, easing to 9.3 percent in October from 10.5 percent in September amid the slower rise in loan disbursements to the production sector, according to the Bangko Sentral ng Pilipinas.
                    [DatePublished] => 2019-12-01 00:00:00
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                    [Title] => Faster credit growth seen amid rate easing
                    [Summary] => Credit growth is expected to pick up this year amid the continued drop in interest rates due to the inflation downtrend, according to Dutch financial giant ING Bank.
                    [DatePublished] => 2019-09-10 00:00:00
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Credit Growth

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                    [Title] => Credit growth slows to single-digit level in April
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                    [Title] => Bank lending continues ascent in November — BSP
                    [Summary] => Bank lending continued to expand in November as the Philippine economy reopened for business in past months.
                    [DatePublished] => 2023-01-04 14:22:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1806886
                    [AuthorName] => Ramon Royandoyan
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                    [Title] => Credit growth accelerates in January
                    [Summary] => Credit growth accelerated for the sixth straight month, growing at a faster rate of 8.5 percent in January from the revised 4.8 percent in December due to higher demand, as the economy further reopens from strict COVID lockdowns, according to the Bangko Sentral ng Pilipinas.
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                    [Title] => Credit growth slumps in September
                    [Summary] => Credit growth slumped to its slowest pace in more than 13 years as banks are more cautious because of the growing number of loan defaults despite the regulatory relief measures extended by the Bangko Sentral ng Pilipinas.
                    [DatePublished] => 2020-11-12 00:00:00
                    [ColumnID] => 0
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                    [ArticleID] => 2026326
                    [Title] => Credit growth slows in May
                    [Summary] => Credit growth slowed down for the second straight month in May as the government extended the enhanced community quarantine to limit the spread of COVID-19, according to the Bangko Sentral ng Pilipinas.
                    [DatePublished] => 2020-07-08 00:00:00
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                    [Title] => Credit growth slows to 12.7% in April
                    [Summary] => Credit growth slowed down in April, ending five straight months of faster loan disbursements as containment measures such as the enhanced community quarantine to limit the spread of the coronavirus disease or COVID-19 outbreak took its toll on economic activity, according to the Bangko Sentral ng Pilipinas.
                    [DatePublished] => 2020-06-16 00:00:00
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                    [ArticleID] => 1983161
                    [Title] => Rate cuts spur double-digit credit growth
                    [Summary] => Credit growth picked up pace in November last year, rising by 10.1 percent as the Bangko Sentral ng Pilipinas slashed key interest rates and lowered the reserve requirement of banks.’
                    [DatePublished] => 2020-01-09 00:00:00
                    [ColumnID] => 0
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                    [Title] => BSP: Further RRR cut hinges on credit growth
                    [Summary] => The Bangko Sentral ng Pilipinas will evaluate banks’ loan growth first before it can decide whether to make further cuts in banks’ reserve requirements, according to BSP Governor Benjamin Diokno.
                    [DatePublished] => 2019-12-04 00:00:00
                    [ColumnID] => 0
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                    [ArticleID] => 1973169
                    [Title] => Credit growth eases in October amid slump in manufacturing
                    [Summary] => Credit growth fell below double-digit level, easing to 9.3 percent in October from 10.5 percent in September amid the slower rise in loan disbursements to the production sector, according to the Bangko Sentral ng Pilipinas.
                    [DatePublished] => 2019-12-01 00:00:00
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                    [AuthorName] => Lawrence Agcaoili
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                    [ArticleID] => 1950485
                    [Title] => Faster credit growth seen amid rate easing
                    [Summary] => Credit growth is expected to pick up this year amid the continued drop in interest rates due to the inflation downtrend, according to Dutch financial giant ING Bank.
                    [DatePublished] => 2019-09-10 00:00:00
                    [ColumnID] => 0
                    [Focus] => 1
                    [AuthorID] => 1097197
                    [AuthorName] => Lawrence Agcaoili
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abtest

Credit growth slows to single-digit level in April

By Lawrence Agcaoili | June 2, 2023 - 12:00am

Philippine banks booked a single-digit credit growth for the first time in 12 months as the increase in loan disbursements slowed to 9.7 percent in April from 10.2 percent in March, according to the Bangko Sentral...

Business

Bank lending continues ascent in November — BSP

By Ramon Royandoyan | January 4, 2023 - 2:22pm

Bank lending continued to expand in November as the Philippine economy reopened for business in past months.

Business

Credit growth accelerates in January

By Lawrence Agcaoili | March 1, 2022 - 12:00am

Credit growth accelerated for the sixth straight month, growing at a faster rate of 8.5 percent in January from the revised 4.8 percent in December due to higher demand, as the economy further reopens from strict...

Business

Credit growth slumps in September

By Lawrence Agcaoili | November 12, 2020 - 12:00am

Credit growth slumped to its slowest pace in more than 13 years as banks are more cautious because of the growing number of...

Business

Credit growth slows in May

By Lawrence Agcaoili | July 8, 2020 - 12:00am

Credit growth slowed down for the second straight month in May as the government extended the enhanced community quarantine to limit the spread of COVID-19, according to the Bangko Sentral ng Pilipinas.

Business

Credit growth slows to 12.7% in April

June 16, 2020 - 12:00am

Credit growth slowed down in April, ending five straight months of faster loan disbursements as containment measures such as the enhanced community quarantine to limit the spread of the coronavirus disease or COVID-19...

Business

Rate cuts spur double-digit credit growth

By Lawrence Agcaoili | January 9, 2020 - 12:00am

Credit growth picked up pace in November last year, rising by 10.1 percent as the Bangko Sentral ng Pilipinas slashed key interest rates and lowered the reserve requirement of banks.’

Business

BSP: Further RRR cut hinges on credit growth

By Lawrence Agcaoili | December 4, 2019 - 12:00am

The Bangko Sentral ng Pilipinas will evaluate banks’ loan growth first before it can decide whether to make further...

Business

Credit growth eases in October amid slump in manufacturing

By Lawrence Agcaoili | December 1, 2019 - 12:00am

Credit growth fell below double-digit level, easing to 9.3 percent in October from 10.5 percent in September amid the slower rise in loan disbursements to the production sector, according to the Bangko Sentral ng...

Business

Faster credit growth seen amid rate easing

By Lawrence Agcaoili | September 10, 2019 - 12:00am

Credit growth is expected to pick up this year amid the continued drop in interest rates due to the inflation downtrend, according...

Business