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PHL banks continue to fall short of lending quota for MSMEs

27 April 2025
in Business
Reading Time: 3 mins read
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PHL banks continue to fall short of lending quota for MSMEs
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By Luisa Maria Jacinta C. Jocson, Senior Reporter

THE PHILIPPINE banking system continued to miss the mandated lending quota for micro, small and medium enterprises (MSMEs) as of end-December 2024, Bangko Sentral ng Pilipinas (BSP) data showed.

Loans granted by the banking sector to MSMEs amounted to P546.22 billion at end-December, accounting for just 4.86% of their total loan portfolio of P11.25 trillion.

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