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Loans to MSMEs surged to P195.9B as of Sept.

Business Owner, Insights, MSMEsBy Daxim L. LucasNovember 12, 2021

Lending by banks to small businesses has skyrocketed since the central bank approved a measure to count these loans as an alternative form of compliance with the reserve levels required of financial institutions. According to Bangko Sentral ng Pilipinas Governor Benjamin Diokno, the banking system allocated an average of as alternative compliance with the reserve…

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