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Lending growth slows to five-month low in April

1 June 2025
in Business
Reading Time: 3 mins read
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Lending growth slows to five-month low in April
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BANK LENDING increased to its slowest pace in five months in April as the growth in loans to key industries eased, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.

Outstanding loans of universal and commercial banks grew by 11.12% year on year to P13.25 trillion in April from P11.91 trillion in the same period in 2024.

This was the slowest growth in bank lending in five months or since the 11.1% posted in November 2024.

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