Bank lending slows in December 2025 despite rate cuts
MANILA, Philippines — Bank lending grew at a slower pace in December 2025, as the confidence crisis triggered by a widening corruption scandal tempers the impact of a low-interest rate environment. Latest data from the Bangko Sentral ng Pilipinas (BSP) showed outstanding loans from big banks grew by 9.2 percent year-on-year to P14.3 trillion during the final month of 2025. This was the softest annual expansion since the 8.6-percent increase recorded in February 2024. READ: Bank lending up 10.3% in November despite subdued confidence Lending to businesses rose 8 percent to P12.1 trillion in December, the weakest pace in 20 […]...Keep on reading: Bank lending slows in December 2025 despite rate cuts
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