Loans extended by banks’ foreign currency deposit units (FCDUs) rose 21 percent to $12.08 billion in the third  squarter of 2014 from $9.96 billion last year.

The substantial increase in mostly dollar loans reflected optimism by investors as they snap up cheap (low interest) loans from very liquid banks.

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