6 months Bank lending standards still unchanged in Q1 MB |Biz
By Lee C. Chipongian The Bangko Sentral ng Pilipinas (BSP) said in a survey that the banking industry is maintaining the same lending standards – for the most part—since 2009. MB file photo. Based on its latest Senior Bank Loan Officers’ Survey (SLOS), bank lending standards for loans to both enterprises and households were broadly unchanged in the first quarter this year, indicating that banks continue to be prudent in managing risks, said the BSP. “Despite volatility stemming from the external environment, domestic financial markets were supported by favorable investor sentiment amid a sound banking system and firm economic growth ... more