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28 日 マニラ

32°C24°C
両替レート
¥10,000=P3,830
$100=P5,680

28 日 マニラ

32°C24°C
両替レート
¥10,000=P3,830
$100=P5,680

Bank lending expands by 12.8%, year-on-year, in January

2025/3/8 英字

Preliminary data indicated that outstanding loans of universal and commercial banks (U/KBs), net of reverse repurchase (RRP) placements with the BSP, rose by 12.8 percent year-on-year in January 2025 from 12.2 percent in December 2024.

On a month-on-month seasonally-adjusted basis, outstanding U/KB loans, net of RRPs, grew by 1.4 percent.

Outstanding loans to residents, net of RRPs, grew by 13.3 percent in January from a 12.4-percent growth a month ago. Meanwhile, outstanding loans to non-residents decreased by 3.5 percent in January, following a 5.7-percent increase in the previous month.

Loans for production activities rose by 11.8 percent in January from 10.8 percent in December, due largely to sustained increase in lending to key industries such as: real estate (9.8 percent); electricity, gas, steam, and air-conditioning supply (23.6 percent); wholesale and retail trade, repair of motor vehicles and motorcycles (13.9 percent); transportation and storage (21.4 percent); and manufacturing (4.6 percent).

Consumer loans to residents expanded by 24.4 percent in January from 25 percent in December, driven by the increase in credit card and motor vehicle loans. Bangko Sentral ng Pilipinas

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