Tag: MortgageLending
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Banks Ease Real Estate Exposure in PH as BSP Data Shows Improvement
Overview: Banks trim exposure to the volatile property sector Philippine banks and trust entities reduced their exposure to real estate to 19.54% of total assets as of the end of September, marking the lowest level in two quarters. The latest data from the Bangko Sentral ng Pilipinas (BSP) indicate a shift away from heavy concentration…
