RCBC sees SME loans reaching P101B

By Mayvelin U. Caraballo

May 18, 2022 12:30 am

ON the back of global economic recovery and a steady outlook for the Philippine banking sector, Rizal Commercial Banking Corp. (RCBC) said it expects an increase in its small and medium enterprises (SME) loan portfolio this year.

The lender said in a statement that it expects its SME loan portfolio to grow by at least 9 percent in 2022, from P93.4 billion last year to P101.5 billion.

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