PH commercial banks to be more stable – BMI

BMI Research expects asset quality among Philippine commercial banks to stabilize and perhaps even improve over the coming quarters supported by a robust economy, healthy capitalization and liquidity profiles, and the likelihood of further consolidation.

In terms of assets, the sector grew by 13.2 percent on average year-on-year in the first four months of 2017, marking the fastest pace of expansion since the fourth quarter of 2014, BMI Research, a Fitch Group company reported on Wednesday.