Banks' exposure to real estate up marginally
PHILIPPINE banks saw increased exposure to the real estate sector at the end of the second quarter, largely driven by an increase in loans to both home buyers and property developers, the Bangko Sentral ng Pilipinas (BSP) said over the weekend.
Sun, 23 Nov 2014 07:37:56 -0800
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Banks’ real estate exposure rises, NPL declines
Philippine banks’ exposures in the real estate sector went up by six percent to P1.097 trillion as of end-June from the previous quarter while soured loans in this sector showed a steady decline despite higher exposure level in this high growth industry, the Bangko Sentral ng Pilipinas (BSP) reported. The universal and commercial banks and […]
Sun, 23 Nov 2014 06:07:18 -0800
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