Loan value for household consumption rural banks Philippines 2024, by type

Published by
Christy Balita,
Jul 10, 2024

As of March 2024, the value of outstanding loans granted by rural and cooperative banks for salary-based general purpose consumption loans in the Philippines amounted to approximately 94 billion Philippine pesos. Comparatively, the value of motorcycle loans issued by rural and cooperative banks amounted to about 1.99 billion Philippine pesos.

Value of outstanding loans for household consumption granted by rural and cooperative banks in the Philippines as of March 2024, by loan type (in million Philippine pesos)

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Release date

May 2024

Region

Philippines

Survey time period

as of March 2024

Special properties

net value of amortization

Supplementary notes

One Philippines peso is equal to 0.017 U.S. dollars and 0.016 euros as of July 2024. 

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