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Loan growth hit 10.7% on renewed demand

By Inquirer - Now
Bank lending grew at its quickest pace in nearly two years in August as businesses regained their appetite for loans despite the still elevated interest rate environment. Latest data from the Bangko Sentral ng Pilipinas (BSP) showed outstanding loans of big banks, excluding their lending with each other, grew 10.7 percent year-on-year in August to

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