Philippines: MSME loans down 15% to P464.3 billion in end-September 2020
MANILA, Philippines — Loans extended to micro, small and medium enterprises (MSMEs) declined by 15.2 percent as of end-September last year despite regulatory relief measures extended by the Bangko Sentral ng Pilipinas (BSP) to banks to assist the sector in jumpstarting the economy amid the pandemic. Latest data released by the central bank showed loans […]
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