Loans under the peso rediscount facility of the Bangko Sentral ng Pilipinas (BSP) posted a 54.3-percent decline for the January to end-October 2013 period.
Data from the BSP showed that total availments of commercial, rural and thrift banks amounted to P17.48 million for the period. It was lower compared to the P38.24 million total availments in the same period last year.
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