Bank lending grew at its slowest pace in three months in October, with demand for business loans showing moderation amid a still elevated interest rate environment as the easing moves of the Bangko Sentral ng Pilipinas (BSP) take time to be felt. Ou
Households and businesses had huge appetite for loans in the third quarter but faced tight credit standards from banks, which are likely to stay cautious when lending for the rest of the year as many borrowers still struggle to pay their debts amid