M3, bank lending pick up in Dec
Credit to Author: Mayvelin U. Caraballo, TMT| Date: Wed, 05 Feb 2020 16:50:22 +0000
THE growth of the country’s money supply continued to accelerate amid the faster rise in bank lending, data from the Bangko Sentral ng Pilipinas (BSP) showed on Wednesday. In a statement, the central bank said domestic liquidity (M3) expanded by 11.4 percent year-on-year to P13 trillion last December, faster than November’s 9.8 percent. Month-on-month and […]
Read more