Banks’ FCDU loans reach $16B in Q1

Jun 29, 2019 12:29 am

LOANS extended by banks’ foreign currency deposit units (FCDUs) hit $16.806 billion in the first quarter, up from the $16.359 billion and $16.589 billion posted a year and a quarter ago, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.

BSP Officer in charge Maria Almasara Cyd Tuaño-Amador

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