M3 growth up, bank lending slows

Jan 09, 2019 12:25 am

Money supply growth accelerated in November despite slower bank lending, the Bangko Sentral ng Pilipinas (BSP) reported on Tuesday.

Domestic liquidity or M3 expanded by 8.4 percent year-on-year to P11.250 trillion, faster than October’s revised 8.3 percent.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.