Other financial firms' domestic claims rise

May 01, 2023 12:19 am

DOMESTIC claims of other financial corporations (OFCs) increased by 8.1 percent in the fourth quarter of 2022 to P7.864 trillion, up from P7.276 trillion in the same quarter of 2021, the Bangko Sentral ng Pilipinas (BSP) reported late on Friday.

According to preliminary data from the Other Financial Corporations Survey (OFCS), the increase in OFCs' domestic claims in the fourth quarter of 2022 was attributable to increasing claims on depository corporations (DCs), central government, and other sectors.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

2024 inflation seen hitting target at 3.2%

DA eyeing rice deal with Pakistan

Analysts welcome stock exchange move to unify markets

Asian markets mostly up; turmoil holds Seoul back

Peso gains but PSEi dips on 2024's last trading day

LandBank says its capital 'exceeds' re-quirements

The power of personally attending to your operation