Bank loans to residents reached PHP 6,500 bil in fourth quarter of 2016 in Philippines, according to the National Central Bank. This is 7.67% more than in the previous quarter.
Historically, bank loans to residents in Philippines reached an all time high of PHP 6,500 bil in 4Q2016 and an all time low of PHP 2,148 bil in 1Q2009.
Philippines has been ranked 11th within the group of 55 countries we follow in terms of bank loans to residents.
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