Money supply posted its slowest growth in more than six years in February amid a sustained deceleration in bank lending, data from the Bangko Sentral ng Pilipinas (BSP) showed on Friday.
Domestic liquidity or M3 expanded by 7.1 percent year-on-year to P11.497 trillion, slower than January’s revised 7.7 percent. It was also the slowest M3 growth since the 6.2 percent posted in August 2012.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.