BSP to set credit standards in Q1

By Mayvelin U. Caraballo

Jan 29, 2022 12:16 am

THE Bangko Sentral ng Pilipinas (BSP) said credit standards for corporate loans are likely to tighten this quarter, while those for household loans are expected to ease based on its latest survey.

In its 4th Quarter 2021 Senior Bank Loan Officers' Survey, the central bank reported that the diffusion index (DI) approach showed 'anticipation of net tighter standards mainly due to less favorable economic outlook and deterioration of borrower's profile.'

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