CREDIT standards for corporate loans are expected to tighten this quarter, while those for household loans are anticipated to loosen, the Bangko Sentral ng Pilipinas (BSP) said.
In its Q1 Quarter 2022 Senior Bank Loan Officers' Survey, the central bank reported that the diffusion index (DI) approach showed "expectations of net tightening loan standards given increased uncertainty in economic growth outlook, reduced risk tolerance, and a deterioration in borrower's profile and bank's portfolio" for the second quarter of the year.
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