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PH loan growth revved up in July, fastest in nearly 2 years

By Inquirer - 3 months ago
Bank lending grew at its fastest pace in almost two years in July, thanks to improvement in business appetite for loans that offset a slower expansion in consumer credit, the Bangko Sentral ng Pilipinas (BSP) reported. BSP data showed outstanding loans of big banks, excluding their lending to each other, went up by 10.4 percent

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