BusinessWorld
Banks’ FCDU loans slip as of March
OUTSTANDING LOANS granted by banks’ foreign currency deposit units (FCDU) went down at end-March as loans to nonresidents dropped, data from the Bangko Sentral ng Pilipinas (BSP) showed. FCDU loans were at $15.439 billion as of March, declining from $15.782 billion in the comparable year-ago period and $15.561 billion at end-December, the central bank said […]
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Source: bworldonline.com
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