Wednesday, August 17, 2022
manilastandard.net
ADVERTISEMENT
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Others
    • Pets
    • Pop.Life
      • Newsmakers
      • Hangouts
      • A-Pop
      • Post Its
      • Performances
      • Malls & Bazaars
      • Hobbies & Collections
    • Technology
      • Gadgets
      • Computers
      • Business
      • Tech Plus
    • MS ON THE ROAD
      • Sedan
      • SUV
      • Truck
      • Bike
      • Accessories
      • Motoring Plus
      • Commuter’s Corner
    • Home & Design
      • Residential
      • Commercial
      • Construction
      • Interior
    • Spotlight
    • Gallery
      • Photos
      • Videos
    • Events
      • Seminars
      • Exhibits
      • Community
    • Biyahero
      • Travel Features
      • Travel Reels
      • Travel Logs
  • Advertise with Us
No Result
View All Result
manilastandard.net
No Result
View All Result
Home Business

Bank loans grew by 10.7% in May

Julito G. RadabyJulito G. Rada
June 30, 2022, 7:30 pm
in Business, Money
Reading Time: 1 min read
A A
91
SHARES
Share on FacebookShare on TwitterShare on Email

Bank loans grew 10.7 percent in May, faster than the 10.1-percent rise in April, on higher demand for credit amid the continuous economic recovery from the global health crisis, data from the Bangko Sentral ng Pilipinas show.

Outstanding loans of universal and commercial banks, net of reverse repurchase placements with the BSP, also rose 1 percent on a month-on-month seasonally-adjusted basis.

Outstanding loans for production activities went up by 10.8 percent in May, led by loans for real estate activities (up 16.4 percent); manufacturing (16.0 percent); information and communication (27.1 percent); wholesale and retail trade, repair of motor vehicles and motorcycles (6.2 percent); and construction (12.3 percent).

The growth in consumer loans to residents accelerated to 8.5 percent in May from 6.7 percent in April with the year-on-year increase in credit card loans and salary-based general purpose consumption loans.

ADVERTISEMENT
ADVERTISEMENT
Julito G. Rada

Julito G. Rada

Related Posts

Gov’t to revise BOT rules to boost infra investments

byJulito G. Rada
August 16, 2022, 7:20 pm
0
181
External debt still at prudent level

The government plans to amend the implementing rules and regulations of the Build-Operate-Transfer Law to improve the investment climate and...

Read more

ABS-CBN cuts loss to P1.46b; GMA registers P4-b net profit

byDarwin G. Amojelar
August 16, 2022, 7:15 pm
0
184
ABS-CBN cuts loss to P1.46b; GMA registers P4-b net profit

ABS-CBN Corp. said Tuesday net loss narrowed to P1.46 billion in the first half from P3.39 billion a year ago,...

Read more

Vista Land’s income climbed 11% in first half

byJenniffer B. Austria
August 16, 2022, 7:10 pm
0
160
Vista Land’s profit hit P6b in 9 months

Vista Land & Lifescapes Inc., the property unit of real estate tycoon Manuel Villar Jr., said Tuesday net income grew...

Read more

GT Capital earned P8.3b in six months

byJenniffer B. Austria
August 16, 2022, 7:05 pm
0
158

Conglomerate GT Capital Holdings Inc. said Tuesday net income increased 24 percent in the first six months to P8.3 billion...

Read more

EastWest’s profit declines to P1.5b

byJulito G. Rada
August 16, 2022, 7:00 pm
0
153
EastWest Bank’s income jumped 75% to P2.3b in Q1

EastWest Banking Corp. said Tuesday net income declined by 61 percent in the first half to P1.5 billion from P3.8...

Read more

SMC Global hikes capex to P133.67b

byAlena Mae S. Flores
August 16, 2022, 6:55 pm
0
187
SMC Global to finish 690-MW battery storage plant

SMC Global Power Holdings Corp., the power arm of conglomerate San Miguel Corp., increased its long-term capital expenditure budget to...

Read more

Stories you may like

  • People …are talking about Liza Soberano

    Supermodel son is Philippine bet in Manhunt International

    12257 shares
    Share 4903 Tweet 3064
  • Another oil price rollback likely as world economy further stalls

    1444 shares
    Share 578 Tweet 361
  • Judgments and their execution

    1289 shares
    Share 516 Tweet 322
  • Basilan solon wants barangay, SK polls reset to May 2024 to save P8b for gov’t

    1131 shares
    Share 452 Tweet 283
  • SMART/MVP-PH Team joins ‘22 Asian Taekwondo Championship

    1069 shares
    Share 428 Tweet 267

Print Edition

View More

Recent Posts

  • Biden signs major climate change, health care law
  • Brazil’s Bolsonaro rallies his ‘army’
  • Prominent Canadian cardinal accused of sexual assault
  • Navalny urges systematic sanctions against Russian oligarchs
  • Sneakers for Makati : AB4.0
  • 3 SRA execs out, 1 hangs on
  • BBM eyes sugar price cut, direct company import
  • US tags PH as ‘high-risk’ for COVID along with Nepal, Russia

Advertisement

Latest News

3 SRA execs out, 1 hangs on

byVince Lopezand2 others
August 17, 2022, 1:10 am
0
374
WHO needs help: New label for monkeypox

Administrator Serafica latest to quit, board member Valderrama awaits fate Three out of the four officials who signed the unauthorized...

Read more

BBM eyes sugar price cut, direct company import

byVince Lopezand2 others
August 17, 2022, 1:05 am
0
244
More than 100 flights canceled due to COVID

President Ferdinand Marcos Jr. said he is looking at getting concessions from traders to bring down prices of sugar as...

Read more

US tags PH as ‘high-risk’ for COVID along with Nepal, Russia

byWillie Casasand3 others
August 17, 2022, 1:00 am
0
237
Sino gaming tycoon held for illegal ops

The US Centers for Disease Control (CDC) has tagged the Philippines as among three countries under the high risk category...

Read more

QC school shuts down, cites financial issue due to pandemic

byRio N. Araja
August 17, 2022, 12:55 am
0
213
WHO needs help: New label for monkeypox

Colegio De San Lorenzo, a private Catholic school in Quezon City founded in 1987, announced Monday it will permanently stop...

Read more

WHO needs help: New label for monkeypox

byAFP
August 17, 2022, 12:50 am
0
168
WHO needs help: New label for monkeypox

The World Health Organization, which is looking to rename monkeypox, called Tuesday for help from the public in coming up...

Read more

Advertisement

ADVERTISEMENT
Facebook Twitter Instagram Youtube

ABOUT US

Manila Standard

Manila Standard website (manilastandard.net), launched in August 2002, extends the newspaper’s reach beyond its traditional readers and makes its brand of Philippine news and opinion available to a much wider and geographically diverse readership here and overseas.

Digital Edition

In tone and content, the online edition mirrors the editorial thrust of the newspaper. While hewing to the traditional precepts of fairness and objectivity, MS believes the news of the day need not be staid, overly long or dry. Stories are succinct, readable and written in a lively style that has become a hallmark of the newspaper.

Download – Today’s Paper

Search

No Result
View All Result

6th Floor Universal Re Bldg., 106 Paseo De Roxas cor. Perea Street, Legaspi Village, 1226 Makati City Philippines

Trunklines: 832-5554, 832-5556, 832-5558

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

No Result
View All Result
  • About
  • News
    • Top Stories
    • National
    • World News
    • Pinoy Abroad
    • Features
  • Opinion
    • Editorial
    • Columns
    • Soundbytes
  • LGUs
    • NCR
    • Luzon
    • Visayas
    • Mindanao
  • Business
    • Corporate
    • Economy & Trade
    • Stocks
    • Money
    • Agri & Mining
    • Power & Tech
    • IT & Telecom
  • Sports
    • Basketball
    • Volleyball
    • Fightsports
    • Active
    • Sports Plus
    • One Championship
    • Columns
  • Entertainment
    • TV & Movies
    • Celebrity Profiles
    • Music & Concerts
    • Digital Media
    • Columns
  • Lifestyle
    • Food
    • Culture & Media
    • Fashion
    • Health and Home
    • Leisure
    • Shopping
    • Columns
  • Pop.Life
    • Newsmakers
    • Hangouts
    • A-Pop
    • Post Its
    • Performances
    • Malls & Bazaars
    • Hobbies & Collections
  • Technology
    • Gadgets
    • Computers
    • Business
    • Tech Plus
  • MS ON THE ROAD
    • Sedan
    • SUV
    • Truck
    • Bike
    • Accessories
    • Motoring Plus
    • Commuter’s Corner
  • Home & Design
    • Residential
    • Commercial
    • Construction
    • Interior
  • Spotlight
  • Gallery
    • Photos
    • Videos
  • Events
    • Seminars
    • Exhibits
    • Community
  • Biyahero
    • Travel Features
    • Travel Reels
    • Travel Logs
  • Pets
  • Advertise with Us

© 2021 Manila Standard - Designed and Developed by Neitiviti Studios.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Install Manila Standard Web App

Install App