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PH banks still wary about lending to businesses in Q4 2023

By Inquirer - 10 months ago
MANILA, Philippines  —Banks remained cautious when lending to businesses in the final quarter of 2023 amid weakening financial conditions of some firms, a stark contrast to easing credit standards for households as consumption displayed strength even in the face of rising prices. Results of a survey of 61 banks showed a “net tightening” of lending

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