MONEY sent home by Filipinos working overseas may have continued to grow in February but in a slower pace, partly as a result of deployment bans that imposed by the government.

In a statement, the Bangko Sentral ng Pilipinas (BSP) said that remittances from overseas Filipinos coursed through banks rose to $1.6 billion in February, up by close to 6 percent versus the $1.5 billion that was sent during the same period from a year ago.