Loan value for household consumption rural banks Philippines 2019 by loan type

Published by Martha Jean Sanchez, Dec 7, 2020
As of December 2019, the value of outstanding loans granted by rural and cooperative banks for salary-based general purpose consumption loans in the Philippines amounted to approximately 41.21 billion Philippine pesos. Comparatively, the value of motor vehicle loans issued by rural and cooperative banks was only about 2.05 billion Philippine pesos in the country.

Value of outstanding loans for household consumption granted by rural and cooperative banks in the Philippines as of December 2019, by loan type (in billion Philippine pesos)

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Source

Release date

December 2020

Region

Philippines

Survey time period

as of December 2019

Special properties

net value of amortization

Supplementary notes

* Renamed effective Sep-2015 (formerly auto loans).
** Renamed effective Sep-2015 (formerly salary loans).

One Philippine peso equals 0.021 U.S. dollars or 0.017 euros as of December 2020.

Figures have been rounded.

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