PHILIPPINE banks have increased credit risk as a result of low economic activity, high coronavirus disease 2019 (Covid-19) infection rates and the ongoing lockdowns, according to S&P Global Ratings.’A prolonged economic downturn could weaken banks’…
PHILIPPINE banks have increased credit risk as a result of low economic activity, high coronavirus disease 2019 (Covid-19) infection rates and the ongoing lockdowns, according to S&P Global Ratings.’A prolonged economic downturn could weaken banks’…