BANKS on the whole tightened lending standards for businesses and households during the first three months of the year, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.

“[T]he diffusion index (DI) approach continued to indicate a net tightening of credit standards for both loans to enterprises and households,” the central bank said as it released results of its First Quarter 2019 Senior Bank Loan Officers Survey.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details