LOANS granted by the Foreign Currency Deposit Units (FCDU) of banks slightly picked up in the third quarter of 2024, the Bangko Sentral ng Pilipinas (BSP) reported last week.
Outstanding FCDU loans totaled $15.75 billion as of end-September, up 0.7 percent from $15.63 billion three months earlier and attributed to disbursements exceeding principal repayments.
