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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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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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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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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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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