Rediscount availments balloon in Q1

Apr 11, 2019 12:22 am

Availments of the Bangko Sentral ng Pilipinas’ (BSP) peso rediscount facility surged in the first quarter of the year, data released on Wednesday showed.

Total loans rose to P52.301 billion, seven times more than the P7.036 billion borrowed during the same quarter a year ago.

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