Loans to housing sector eyed as agri-agra compliance
MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) is open to making loans for housing as an alternative mode of compliance for banks to the Agri-Agra Credit Reform Act in order to address the country’s housing backlog. Speaking at the Chamber of Real Estate and Builders’ Associations, Inc.’s (CREBA) Third Monthly Business Meeting, BSP …
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