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  • Banks in the Philippines to remain resilient — Fitch Ratings outlook

    December 01, 2017

    FITCH RATINGS has given a “stable” outlook for Philippine banks for 2018, with lenders expected to remain on solid footing as they receive a boost from a rapidly growing economy that will support brisk lending activity. “Fitch has stable...

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  • BSP: Bank resources grow 14% in Q3

    November 20, 2017

    The country’s banking system have total resources of P14.954 trillion as of end-September from the growth of its assets and deposits, up 14 percent compared to same time last year of P13.117 trillion. Based on data from the Bangko Sentral ng...

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  • Bank lending standards steady

    October 23, 2017

    Results of the Q3 2017 Senior Bank Loan Officers’ Survey (SLOS) showed that a majority of the respondent banks continued to maintain their credit standards for loans to both enterprises and households during the quarter based on the modal...

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  • Philippine banks among healthiest in ASEAN region — BSP exec

    October 17, 2017

    MANILA, Philippines — The Bangko Sentral ng Pilipinas (BSP) said Philippine banks are among the healthiest in the region as the banking systems of the Association of Southeast Asian Nations (ASEAN) continue to integrate. BSP Deputy Governor...

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  • Banks seen staying strong despite competition

    October 16, 2017

    PHILIPPINE BANKS are seen to remain resilient despite increased competition from new foreign players entering the country as the homegrown lenders enjoy the “healthiest” profiles across Southeast Asia, a central bank official said. Bangko...

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