For Emilio Neri Jr., lead economist at Bank of the Philippine Islands, hiking real estate exposure is actually meant to assist lenders cope with a potential rise in unpaid loans. “I suspect BSP …
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The World Bank will lend $1.9 billion in fresh loans to the Philippines this year to support projects that will help the economy bounce back from a global coronavirus pandemic. The bank’s project …
or 20%-40% of outstanding loans, according to a document from the Bankers Association of the Philippines. This followed warnings from the central bank and a business group. “New lending would …
ADB approves 500 million USD loan to boost Philippines’ disaster resilience – USD policy-based loan to allow the Philippines to quickly access emergency financing in the event of disasters triggered by …
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