Value loans for production from rural/cooperative banks Philippines 2022, by activity

Published by Statista Research Department, Jan 13, 2023

The value of outstanding loans for wholesale and retail trade, repair of motor vehicles, motorcycles economic activities issued by rural and commercial banks in the Philippines amounted to approximately 35.04 billion Philippine pesos as of June 2022. At the same time, loans for agriculture, forestry and fishing amounted to over 25 million Philippine pesos.

Value of outstanding loans for production granted by rural and cooperative banks in the Philippines as of June 2022, by economic activity (in billion Philippine pesos)

Characteristic	Loans value in billion Philippine pesos
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Release date

August 2022

More information

Region

Philippines

Survey time period

as of June 2022

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.

One Philippine peso is equal to 0.018 U.S. dollars and 0.018 euros as of August 2022.

Figures have been rounded.

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