loans

Filipinos taking smaller, more frequent loans–study

Spurred by the rise of digital lending apps, Filipinos are increasingly relying on smaller but…

Foreign-currency loans in the Philippines slipped in Q1

Foreign currency loans granted by banks edged lower in the first quarter, a decline that…

PH credit card, salary loans hit record highs

Filipinos’ borrowings are growing faster than their earnings, with regulators warning that the “imbalance” could…

DTI courts Chinese EV firms for PH expansion

The Department of Trade and Industry (DTI) seeks to attract more Chinese electric vehicle (EV)…

Bank loans grow faster despite MidEast shock

Philippine bank lending rose at its fastest pace in seven months in March as the…

SEC warns vs loan scams impersonating registered firms

The Securities and Exchange Commission (SEC) has warned the public against entities impersonating registered companies…

SSS sets P60-B funding boost

The Social Security System (SSS) is deploying P60 billion worth of relief measures, including relaxed…

Lower capital charge eyed for green home lending

The Bangko Sentral ng Pilipinas (BSP) plans to make it more appealing for banks to…

PH banks’ bad loans swelled to 6-mo high in February

The share of bad loans to the total lending portfolio of Philippine banks rose to…

Pag-Ibig keeps 3% housing rate

The Pag-Ibig Fund will continue offering socialized housing loans at a 3-percent annual interest rate…