More banks maintained their credit standards for business and household loans in the second quarter of 2025, the Bangko Sentral ng Pilipinas (BSP) said Friday.
Results of the Senior Bank Loan Officers’ Survey (SLOS) showed that 82.1 percent of the banks maintained their credit standards for business loans.
This was an increase from the 81.8 percent of respondents with unchanged loan standards in the previous quarter.
Meanwhile, 82.5 percent of the banks retained their credit standards for household loans, a decline from the 86.8 percent from the first quarter.
Going into the third quarter, the SLOS also revealed that 91.1 percent of the respondents will likely keep the same lending standards for business loans. Household loans are similarly expected to be unchanged, with 85.0 percent of the banks expecting to maintain the same standards.
In contrast, a net tightening of 5.4 percent for business loans and 5.0 percent for household loans are expected by some respondents with expectations of tighter or loose lending standards.
“Under the diffusion index approach, this indicates that any future change is more likely to be a tightening than a loosening,” the BSP said in a statement.
Loan demands, on the other hand, are also projected to remain the same in the third quarter for both business and households.
