AVAILMENTS of the central bank’s peso rediscount facility rose by more than two times in the first 10 months of the year, which indicate that banks are lending more to clients, analysts said.
The Bangko Sentral ng Pilipinas (BSP) data showed on Monday availments reached P122.16 billion in January to October 2019, 158.9-percent higher than the P47.17 billion borrowed in the same period a year ago.
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