• After slowing for six straight months, credit growth accelerated to 7.1 percent in October from 6.5 percent in September, according to data from the Bangko Sentral ng Pilipinas (BSP).
  • Preliminary data from the central bank showed that loans disbursed by universal and commercial banks amounted to P11.31 trillion in end-October this year, up by P753.87 billion from the P10.55 trillion recorded in the same period last year.