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FX Denominated Bank Loans (Local Currency) in Philippines

Source: IMF
Last Updated: January 27, 2022

Fx denominated bank loans reached PHP 1,063 bil in 2020 in Philippines, according to the National Central Bank. This is 1.67% less than in the previous year.

Historically, FX denominated bank loans in Philippines reached an all time high of PHP 1,081 bil in 2019 and an all time low of PHP 350 bil in 2010.

Philippines has been ranked 26th within the group of 78 countries we follow in terms of FX denominated bank loans.

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