March 21, 2010

Philippines: Bank’s real-estate exposures decline by 4.6%

Published on June 5, 2007 | no comment

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MANILA — As of end-March 2007, real estate exposures of universal and commercial banks (U/KBs) declined by 4.6 percent to P210.0 billion. The reduced exposure came from real estate loans (RELs) at P14.4 billion, partly offset by the P4.4 billion expansion of investments in securities issued by real estate companies.
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