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Banks tighten standards for real estate loans

Discussion in 'Banking - Investing - Finances' started by Rye83, Jul 27, 2015.

  1. Rye83

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    MANILA, Philippines - Banks further tightened their lending standards for commercial real estate loans in the second quarter, a year after the Bangko Sentral ng Pilipinas (BSP) introduced stricter rules on bank’s real estate exposure.

    Results of the second quarter 2015 Senior Bank Loan Officers’ Survey showed a net tightening of overall credit standards for commercial real estate loans for the 12th consecutive quarter.

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