Bank loans to residents reached PHP 6,500 bil in 2016 in Philippines, according to the National Central Bank. This is 15.9% more than in the previous year.
Historically, bank loans to residents in Philippines reached an all time high of PHP 6,500 bil in 2016 and an all time low of PHP 2,356 bil in 2009.
Philippines has been ranked 12th within the group of 59 countries we follow in terms of bank loans to residents.
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