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Dec 01 2020 Moody’s sees sluggish loan growth on banks’ tighter credit standards
THE COMING YEAR will likely remain challenging for Philippine banks as they may face continued tepid loan growth and downside risks to profitability, an analyst from a debt watcher said.
“Loan growth will likely be muted in 2021 as the banks cautiously navigate the challenging economic environment,” Joyce Ong, an analyst at the Financial Institutions Group…
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Dec 01 2020 Convenience, safety of people led to DiskarTech, ParaHero partnership
In this time when pandemic remains to threaten our health and life while trying to adjust and live under the new normal, there are many who are still wary of dealing with the current situation.
However, two companies wanted to do their share to the country and community, and formed an alliance to bring convenience and…
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Dec 01 2020 BSP seen to continue easing to support economy
SOME ASIAN central banks, including the Bangko Sentral ng Pilipinas (BSP), will likely remain accommodative in 2021 to provide support to their coronavirus-battered economies, a think tank said.
“Indonesia, the Philippines and Vietnam have all cut rates in recent weeks, and we have further easing pencilled in for these three economies as well as India next…