Banks tighten standards for real estate loans
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 …
Read more on Philippine Star
Banks tighten standards for real estate loans
Consumer loans up 19% in June
Consumer loans up 19% in June
MANILA, Philippines – Consumer loans extended by Philippine banks jumped 19.3 percent in the first six months on the back of the strong demand for auto and real estate loans, the Bangko Sentral ng Pilipinas (BSP) reported yesterday. Data released by …
Read more on Philippine Star
Banks further tighten rules on property loans
Banks further tighten rules on property loans
MANILA, Philippines – Banks continued to tighten the lending standards for commercial real estate loans in the third quarter or a year after the Bangko Sentral ng Pilipinas (BSP) introduced stricter rules on bank's real estate exposure. Dennis Lapid …
Read more on Philippine Star
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How to Buy Property in the Philippines as a Foreigner
How to Buy Property in the Philippines as a Foreigner Introduction Purchasing property in the Philippines can be a great investment, but as a foreigner, there are specific legal requirements and restrictions you must navigate. This guide will walk you through the key steps and considerations for buying property in the Philippines as a foreigner. […]
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