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Lending growth slows, liquidity expands in Feb

BANK lending growth eased in February while money supply expanded, the Bangko Sentral ng Pilipinas (BSP) reported late on Friday.

Based on preliminary data, outstanding loans of universal and commercial banks (U/KBs), net of reverse repurchase placements (RRP) with the central bank, grew by a slower 10.0 percent from January's 10.4 percent.