Topic

interest rates

Latest Daily Tribune news and analysis on interest rates.

  1. (FILE PHOTO) The Bangko Sentral ng Pilipinas

    Bank lending grows to 12.2%

    Bank lending by universal and commercial banks increased by 12.2% in December, driven by elevated interest rates. BSP reports significant growth in consumer…

    1 MIN READ

  3. Bank of the Philippine Islands president and CEO Jose Teodoro K. Limcaoco said Tuesday consumers will feel little pain from high interest rates as these mirror pre-pandemic levels. ‘The pandemic is over and rates are fairly back to where they were. They just have to make a mental adjustment. It's sort of like you forgot what you did last night but you are doing what you did a month ago.’

    BPI sees 11% growth in loans this year

    Bank officials say projected loan growth will likely be driven by a sustained demand for goods and services despite prospects of elevated interest rates for a…

    1 MIN READ