Philippines grants banks flexibility to extend loan payments amid energy crisis

Agricultura

MANILA, April 15 : The Philippines will allow banks to give borrowers more time to settle their loans as part of a package of relief measures designed to support consumers and businesses hit by the energy crisis, its central bank said on Wednesday.  This includes grace periods of up to six months, and up to one year for agricultural loans, subject to bank assessments, according to a resolution approved last week by the Bangko Sentral ng Pilipinas (BSP).  Banks may also temporarily avoid

Tag-uri: Agricultura

Philippines grants banks flexibility to extend loan payments amid energy crisis https://www.channelnewsasia.com/ - 15.04.2026 06:16

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Philippines grants banks flexibility to extend loan payments amid energy crisis https://www.channelnewsasia.com/ - 15.04.2026 06:16