The Central Bank of the Philippines published data showing foreign currency deposit unit (FCDU) loans rose 0.9% in the second quarter of 2025 to USD 15.93 billion, from USD 15.78 billion in the previous quarter. Over the same period, foreign currency deposits increased 10.0% to USD 60.67 billion from USD 55.16 billion. Philippine-based borrowers accounted for USD 10.12 billion (63.5%) of outstanding FCDU loans, with the remainder extended to non-residents. The largest Philippine-based borrower groups were merchandise and service exporters (USD 2.52 billion, 24.9%), towing, tanker, trucking, forwarding, personal and other industries (USD 2.22 billion, 22.0%), and power generation companies (USD 1.89 billion, 18.7%). Medium- to long-term loans with maturities over one year made up 79.0% of outstanding loans, up from 77.2% in the prior quarter; end-June 2025 balances reflected USD 6.76 billion in new loans and USD 6.64 billion in loan payments during the quarter, and year-on-year FCDU loans were up 1.9%.
Central Bank of the Philippines 2025-09-30
Central Bank of the Philippines reports second-quarter 2025 FCDU loans up 0.9% to USD 15.93 billion as foreign currency deposits rise 10% to USD 60.67 billion
The Central Bank of the Philippines reported a 0.9% increase in foreign currency deposit unit loans in Q2 2025, totaling USD 15.93 billion, alongside a 10.0% rise in foreign currency deposits to USD 60.67 billion. Philippine-based borrowers comprised 63.5% of FCDU loans, with significant borrowing by merchandise and service exporters, towing and trucking industries, and power generation companies. Medium- to long-term loans accounted for 79.0% of outstanding loans, reflecting USD 6.76 billion in new loans and USD 6.64 billion in payments.