Banks tightened their lending standards for firms during the second quarter of 2016 but maintained their rules for household loans, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.
Based on the central bank’s Second Quarter 2016 Senior Bank Loan Officers Survey (SLOS), credit standards—as measured by the diffusion index (DI) approach—pointed to a slight net tightening for loans sought by enterprises.
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