Opportunities abound – some specific directions I’d like to spend the rest of the time allotted on some specific suggestions for broadening your horizon. A quick review of the industry’s loan portfolio shows that about a third of the industry’s total lending continues to be towards the Real Estate and Construction Businesses.
In addition, while such lending remains concentrated toward the acquisition of residential property, there has been an improvement in the take up of loans for commercial purposes, principally from the BPO sector. These trends make the recent approval of the BSP of prudential reference standards for Contract-to-sell (CTS) financing important .