Banks’ exposure to real estate rose 2.9 percent in the first quarter of 2014 from the previous quarter, but maintained the proportion of such loans to their total end-March loan portfolio as it was at end-December last year, the central bank said on Friday.
The real estate exposure (REE) of universal, commercial and thrift banks in the country stood at P1.035 trillion in the first three months of the year, Bangko Sentral ng Pilipinas (BSP) data shows.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.