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FX Denominated Bank Loans (Local Currency) in Philippines

Source: IMF
Last Updated: January 27, 2022

Fx denominated bank loans reached PHP 1,083 bil in second quarter of 2021 in Philippines, according to the National Central Bank. This is 0.827% more than in the previous quarter.

Historically, FX denominated bank loans in Philippines reached an all time high of PHP 1,133 bil in 2Q2020 and an all time low of PHP 302 bil in 1Q2011.

Philippines has been ranked 23rd within the group of 63 countries we follow in terms of FX denominated bank loans.

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