00:00Total bank loans increased by 11.8% in March 2025, according to the Banco Central ng Pilipinas, or BSP.
00:08Although this is a slight dip from 12.2 in February, lending activity remains strong, a sign of a growing economy.
00:16Loans to residents or local entities reached 12.3%, while loans to non-residents or foreign-based borrowers declined to 5.6%.
00:25Consumer lending surged at 23.6% due to credit card, auto, and salary loans.
00:31Domestic liquidity also rose by 6.1%, reaching 18.3 trillion pesos, meaning more money is circulating among banks, businesses, and the public.
