BANKS tightened credit standards on loans extended to companies but maintained those for individual borrowers in the third quarter, the Bangko Sentral ng Pilipinas (BSP) said.
Results of the Third Quarter 2019 Senior Bank Loan Officers’ Survey (SLOS) indicated a net tightening of overall credit standards for loans to enterprises while rules on households lending were unchanged in July to September using the diffusion index (DI) approach.
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