Tag: Loan-to-Deposit Ratio
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Western Visayas Sees Bank Deposits Surge to PHP533 Billion
ILOILO CITY – The Bangko Sentral ng Pilipinas (BSP) reported that bank deposits in Western Visayas have soared to PHP533 billion as of June this year. This significant increase in savings reflects a region that may prioritize saving over borrowing, according to Gregorio Baccay III, head of the BSP Visayas Regional Office Economic Affairs Staff.…
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