Bank lending slows in December 2025 despite rate cuts

MANILA, Philippines — Bank lending grew at a slower pace in December 2025, as the confidence crisis triggered by a widening corruption scandal tempers the impact of a low-interest rate environment. Latest data from the Bangko Sentral ng Pilipinas (BSP) showed outstanding loans from big banks grew by 9.2 percent year-on-year to P14.3 trillion during