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Value loans for production rural cooperative banks Philippines 2019 by activity

The value of outstanding loans for wholesale and retail trade, repair of motor vehicles, motorcycles economic activities issued by rural and commercial banks for the Philippines' rural communities amounted to approximately 29.8 billion Philippine pesos as of June 2019. At the same time, loans for public administration and defense activities were around 24 million Philippine pesos.

Value of outstanding loans for production granted by rural and cooperative banks in the Philippines as of June 2019, by economic activity

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Release date

September 2019



Survey time period

as of June 2019

Special properties

net value of amortization

Supplementary notes

Rural and cooperative banks operate for the rural economy in the Philippines, so its primary objective is to provide adequate credit facilities to farmers and merchants, or to cooperatives of such farmers and merchants and in general, the people of the rural communities. Classification is as per 2009 Philippine Standard Industrial Classification (PSIC) (effective Jun-2014).

One Philippine peso is equal to 0.019 U.S. dollars or 0.017 euros as of November 2019.

Figures have been rounded.

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Statistics on "Banking in the Philippines"

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