Monday 1 March 2021
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businessmirror - 7 days ago

S P: ‘Long road to recovery’ for PHL banks

THE local banking system’s financial performance is not expected to “return back to normal” in the next two years, as bad loans are expected to start rising in the first quarter of 2021, an international credit watcher said. In a recent assessment on the Philippine banking sector, S #38;P Global Ratings said they expect non-performing loans [ ]

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