00:00The local banking sector displayed resilience in February as loan growth among major banks
00:05picked up, reversing the slowdown that had pushed credit expansion to nearly a two-year low in the
00:11previous month. Based on the latest data from the Banco Central ng Pilipinas, or BSP,
00:17bank lending growth rose to 9.5 percent in February 2026, up from 9.3 percent in January,
00:25which had marked the slowest pace since the 8.6 percent recorded in February 2024. In detail,
00:33the growth in outstanding loans to residents climbed to 10.1 percent in February from 9.9 percent a month
00:41earlier.
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