Manila, April 26 -- Most banks still have generally steady credit standards for businesses in the first quarter of 2025, results of the Q1 2025 Senior Bank Loan Officers' Survey released by the Bangko Sentral ng Pilipinas (BSP) Friday showed.

Based on the modal approach, which analyzed the results by looking at the option with the highest number of responses, about 81.8 percent of respondent banks retained their credit standards, which, however, is lower than the 83.3 percent of the respondents in the previous quarter's survey

"Banks tightened their loan standards for enterprises due to the deterioration in borrowers' profile and profitability of bank's portfolio," the BSP said.

For the next quarter, 85.5 percent of the respondents exp...