PH borrowers’ choice during pandemic: Dollar loans
Dollar-denominated loans issued by Philippine financial institutions rose substantially at the end of the first quarter of 2020 which the central bank said was due to lower interest rates offered…
PH borrowers took more dollar loans in 2019, says BSP
Philippine borrowers took out more dollar-denominated loans from local banks in the fourth quarter of 2019 to meet their rising short term cash needs, according to the Bangko Sentral ng…