bank lending

GROWTH in the country’s money supply slowed in July despite faster expansion in bank lending, the central bank reported on Friday. Domestic liquidity or M3 expanded by 11 percent year-on-year to P11.103 trillion, slower than June’s revised 11.8 percent growth. Month-on-month and seasonally adjusted, M3 also  increased by 0.6 percent. Bank lending growth, meanwhile, accelerated to […]

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