PH banks’ farm lending tops P3T

MANILA, Philippines — Bank lending to the agriculture sector surpassed P3 trillion in June, with lenders exceeding their mandated lending quota despite persistent headwinds facing the industry and the economy. Latest data from the Bangko Sentral ng Pilipinas (BSP) showed total bank financing for agriculture, fisheries and rural development amounted to P3.1 trillion, growing by 29