Banks Maintain Steady Credit Standards for Businesses in Early 2025
Manila: Most banks have generally maintained their credit standards for businesses in the first quarter of 2025, as indicated by the results of the Q1 2025 Senior Bank Loan Officers’ Survey released by the Bangko Sentral ng Pilipinas (BSP) on Friday. According to Philippines News Agency, the survey utilized a modal approach, analyzing the results based on the option with the highest number of responses. Approximately 81.8 percent of respondent banks kept their credit standards steady, a slight decrease from the 83.3 percent recorded in the previous quarter. The BSP reported, “Banks tightened their loan standards for enterprises due to