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PHL banks fail to meet MSME lending quota in Q1

14 July 2025
in Business
Reading Time: 3 mins read
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PHL banks fail to meet MSME lending quota in Q1
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By Luisa Maria Jacinta C. Jocson, Senior Reporter

PHILIPPINE BANKS continued to miss the mandated lending quota for small businesses as of end-March, data from the Bangko Sentral ng Pilipinas (BSP) showed.

Loans granted by the banking system to micro, small and medium enterprises (MSMEs) amounted to P546.82 billion at end-March, equivalent to just 4.63% of their total loan portfolio of P11.82 trillion.

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