Lending by big banks, or universal and commercial banks (U/KBs), grew at its slowest pace in nearly two years in January, dragged down by a deeper contraction in foreign loans and modest growth in domestic lending.
The latest data from the Bangko Sentral ng Pilipinas (BSP) released Monday night, March 9, showed bank lending growth slowed to 9.3 percent in January 2026 from a revised 9.6 percent in December 2025.
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