Banks were stricter when lending to companies in the first quarter of 2017, but maintained their rules on household loans, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.
Based on the central bank’s First Quarter 2017 Senior Bank Loan Officers Survey (SLOS), credit standards—as measured by the diffusion index (DI) approach—pointed to a net tightening on loans sought by enterprises.
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