Philippine banks’ exposure to the real estate sector expanded by 8.14 percent year-on-year as of the first half of last year, with loans accounting for the bulk.

Latest Bangko Sentral ng Pilipinas (BSP) data showed that real estate exposure of banks and trust departments surged to P2.50 trillion as end-June 2020, up by P188.32 billion from the P2.31 trillion posted a year ago.

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