Banks ramped up agri lending in H1 — BSP

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3 weeks ago

Banks stepped up their support to agriculture in the first half of 2024 by exceeding their mandated lending quota for the important—but long-neglected—sector, the Bangko Sentral ng Pilipinas (BSP) said. In its latest report on the Philippine financial system, the BSP, citing preliminary figures, said that banks allocated P1.7 trillion as credit to the farm

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