Bank lending to agriculture sector tops P3 trillion as of June

BANKS met their mandated lending quota for the agriculture sector as they disbursed over P3 trillion in loans as of June, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed. As of end-June, banks lent P3.109 trillion to the agriculture industry, reflecting 89.76% of the banking sector’s P3.464-trillion loanable funds for the period. This […]