Western Visayas bank deposits reach P533-B
Bank deposits in Western Visayas reached P533 billion as of June this year, data from the Bangko Sentral ng Pilipinas (BSP) showed. With high savings, the loan portfolio only posted P146 billion, translating to a loan deposit ratio (LDR) of 27%. BSP Visayas Regional Office Economic Affairs Staff Head Gregorio Baccay III said the LDR…