Banko Sentral Considers Cap on Property Loans

BSP considers cap on property loans to prevent price bubbles THE BANGKO Sentral may ask banks to extend fewer property loans to prevent asset-price bubbles if capital inflows persist, Deputy Governor Diwa Guinigundo told reporters Friday. Lowering the cap on how much banks could lend for real estate “is an option, part of...

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Real Estate Loans of Banks up 17.5%

Real estate loans of banks up 17.5% The exposure of universal, commercial and thrift banks to the real estate sector hit P376.8 billion at the end of the third quarter, up 17.5 percent from P320.7 billion year-on-year. The loans, however, were 0.3 percent lower than P377.8 billion in the second quarter. The central bank...

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