Business
Bank Lending Growth Hits 3-Month High in August, Driven by Corporate Demand
Philippine bank lending accelerated to an 11% year-on-year increase in August, reaching a three-month high. This growth was primarily driven by corporate demand for credit, offsetting a slowdown in household borrowing and signaling economic activity.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.