State bank's loans to key sectors up 41%
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The Land Bank of the Philippines said its outstanding loans to priority sectors including farmers, fishers, microenterprises reached P710.69 billion as of third quarter of 2018, 40.6 percent higher than the P500 billion for the same period in 2017. The state bank said priority sectors took up 93.4 percent of its total loan portfolio of P760.96 billion for the period. Loans to small farmers, fishers and their associations stood at P43.28 billion recorded in the third quarter of 2017.
Macapagal, J. (2019, January 9). State bank's loans to key sectors up 41%. Malaya Business Insight, p. A3.
- Malaya