Philippines Bank Lending Growth Forecast Hiked, But Inflation, High Rates Pose Risks
Economy

Philippines Bank Lending Growth Forecast Hiked, But Inflation, High Rates Pose Risks

The forecast for bank lending growth in the Philippines has been revised upward, but high interest rates and economic slowdown are expected to temper credit expansion through 2027. Monetary tightening to curb inflation is anticipated to impact household and business borrowing demand.

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