BusinessWorld E-paper
April 24, 2023
CREDIT GROWTH is expected to remain “healthy” this year, as the Philippine financial system is expected to manage any secondary effects stemming from the recent banking turmoil in the United States and Europe, analysts said.
International Monetary Fund (IMF) Deputy Director of the Asia and Pacific Department Sanjaya Panth told BusinessWorld that the Philippine banking system will continue to prove its resilience against emerging risks this year.
