Bank lending in the Philippines grew 11.4 percent in April, the fastest pace in nine months, according to a report by Philstar Biz . This marks the third consecutive month of acceleration in credit growth.
The expansion was driven by a surge in business loans, which offset a modest deceleration in consumer lending. The data suggests that corporate demand for credit remains robust despite a mixed economic outlook.
Analysts view the sustained lending growth as a positive signal for economic activity, though they caution that consumer credit trends warrant monitoring. The central bank's upcoming policy decisions may further influence borrowing dynamics in the coming months.