Banks see return to double-digit loan growth in 2 years

"Не будем пытаться понять друг друга, чтобы друг друга не возненавидеть." Станислав Ежи Лец

Banks see return to double-digit loan growth in 2 years Ian Nicolas Cigaral (Philstar.com) – January 8, 2021 – 5:43pm MANILA, Philippines — Banks are hoping for a double-digit credit expansion starting this year, signaling optimism lending will start to pick up after last year’s default fears triggered reluctance to lend, the Bangko Sentral ng Pilipinas (BSP) said. A new BSP survey of bank executives for the second half of 2020 showed majority of lenders projecting their loan books to expand between 10% and 15% over the next 2 years, Governor Benjamin Diokno said in a statement on Friday. The …

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