• May 22 2024

    Bank lending in PH on ‘declining’ trend

    ByFintech Alliance.Ph InNews

    By: BusinessInquirer
    Source: businessinquirerMANILA, Philippines — Credit growth in the Philippines is on a “declining” trend amid the high-interest rate environment that tempered demand for loans, all while the rest of the Association of Southeast Asia (Asean) is seeing a “stable” expansion of bank lending, Bank of America (BofA) said.In a report sent to journalists on…