BusinessWorld E-paper
July 19, 2024
FIRMS’ fundraising and lending activities are seen to surge in the second half of this year amid the expected easing by the Bangko Sentral ng Pilipinas (BSP).
“The BSP’s possible policy shift signals a positive step towards fostering capital formation within the Philippines. By lowering borrowing costs, the central bank is essentially making it cheaper for businesses to secure funding,” Rafael S. Algarra, Jr., East West Banking Corp. group head for financial markets and wealth management, said in an e-mail.
