PHILIPPINES PRESS-Cenbank sets more stringent bank lending rules-Inquirer

Thu Jul 3, 2014 8:31pm EDT

Banks may soon be under more pressure to rein in lending to property firms after the central bank approved new stringent guidelines on real estate loans, the Philippine Daily Inquirer reported citing the head of the Bankers Association of the Philippines.

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NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Manila Newsroom; Editing by Sunil Nair)

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