Bank lending in the Philippines could rebound and expand by as much as 8 percent this year if the government speeds up the implementation of its infrastructure projects, S&P Global Ratings projected on Wednesday.
In a webinar on Wednesday, S&P credit analyst Nikita Anand said the New York-based debt watcher expected bank lending to surge to 5 to 8 percent in 2021 after dipping by almost 1 percent the year before.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.