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Credit growth up in January amid brisker lending to businesses

By Inquirer - 9 months ago
MANILA, Philippines  — Bank lending grew at a faster rate compared with a year ago in January, as loans to businesses halted two consecutive months of slowdown amid pressures from high borrowing rates. Data released on Friday by the Bangko Sentral ng Pilipinas (BSP) showed outstanding loans of big banks, excluding their lending to each

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