Banks were stricter in lending to companies in the third quarter but did not tighten with regard to household loans, the Bangko Sentral ng Pilipinas (BSP) reported on Friday.
Based on the central bank’s Third Quarter 2017 Senior Bank Loan Officers Survey (SLOS), credit standards—as measured via the diffusion index (DI) approach—pointed to a net tightening for loans sought by enterprises.
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