Bank availments of the Bangko Sentral ng Pilipinas’ (BSP) peso rediscount facility surged in the first two months of the year, data released on Monday showed.

Total loans rose to P34.895 billion, six times more than the P5.810 billion borrowed during the same two-month period a year ago.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details