FCDU lending down slightly in 2nd quarter

By Ed Paolo Salting

Oct 02, 2022 12:13 am

THE Bangko Sentral ng Pilipinas (BSP) declared that outstanding loans granted by foreign currency deposit units (FCDU) of banks decreased by $255 million (1.6 percent) or from $16 billion in end-March

to $15.7 billion end of June 2022 as principal repayments exceeded disbursements.

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