Fitch warns PH banks vs heightened risks

MANILA, Philippines – Underlying asset-quality risks continue to simmer in the Philippine banking sector, Fitch Ratings said, warning that the rapid expansion of unsecured consumer lending could leave banks more exposed as income growth slows and inflationary pressures from the Middle East conflict weigh on households. In a note released on Thursday, Fitch cut its forecast […]... Keep on reading: Fitch warns PH banks vs heightened risks