BSP rediscounting loans reach P85.8 B First 5 months 0 SHARES Share it! The BSP said other credits accounted for 64.51 percent of total rediscounting loans during the period. About 42.91 percent of other credits were availed of as bank loans for capital asset expenditures, while loans to other services were about 16.32 percent. Commercial credits, on the other hand, represented about 35.48 percent of total rediscounting loans as of end-May. The BSP said production credits which was a mere 0.01 percent of total rediscounting loans, were borrowed for agricultural production loans.

Source: Manila Bulletin June 12, 2019 13:52 UTC