As of December 2021, the gross value of loans issued by rural and cooperative banks in the Philippines amount to approximately 166.71 billion Philippine pesos. The purpose of rural and commercial banks in the country is to promote and expand the rural economy by providing basic financial services to residents of rural areas as well as to farmers that need financial assistance.
Value of gross loans granted by rural and cooperative banks in the Philippines from 2012 to 2021 (in billion Philippine pesos)
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BSP (Bangko Sentral ng Pilipinas). (March 7, 2022). Value of gross loans granted by rural and cooperative banks in the Philippines from 2012 to 2021 (in billion Philippine pesos) [Graph]. In Statista. Retrieved May 24, 2022, from https://www.statista.com/statistics/1063383/philippines-gross-loans-rural-cooperative-banks/
BSP (Bangko Sentral ng Pilipinas). "Value of gross loans granted by rural and cooperative banks in the Philippines from 2012 to 2021 (in billion Philippine pesos)." Chart. March 7, 2022. Statista. Accessed May 24, 2022. https://www.statista.com/statistics/1063383/philippines-gross-loans-rural-cooperative-banks/
BSP (Bangko Sentral ng Pilipinas). (2022). Value of gross loans granted by rural and cooperative banks in the Philippines from 2012 to 2021 (in billion Philippine pesos). Statista. Statista Inc.. Accessed: May 24, 2022. https://www.statista.com/statistics/1063383/philippines-gross-loans-rural-cooperative-banks/
BSP (Bangko Sentral ng Pilipinas). "Value of Gross Loans Granted by Rural and Cooperative Banks in The Philippines from 2012 to 2021 (in Billion Philippine Pesos)." Statista, Statista Inc., 7 Mar 2022, https://www.statista.com/statistics/1063383/philippines-gross-loans-rural-cooperative-banks/
BSP (Bangko Sentral ng Pilipinas), Value of gross loans granted by rural and cooperative banks in the Philippines from 2012 to 2021 (in billion Philippine pesos) Statista, https://www.statista.com/statistics/1063383/philippines-gross-loans-rural-cooperative-banks/ (last visited May 24, 2022)