Section

PH banks cut exposure to property sector in Q3

By Inquirer - 4 hours ago
Banks cut their exposure to the volatile property sector in the third quarter to hit the lowest level in five years, with the proportion of soured home loans posting an uptick and staying elevated as financial conditions remained tight. Latest data from the Bangko Sentral ng Pilipinas (BSP) showed real estate loans of local banks

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.