BusinessWorld E-paper
November 23, 2022
PHILIPPINE BANKS may see slower credit growth next year due to the impact of higher interest rates, S&P Global Ratings said.
In a report dated Nov. 17, S&P Global Ratings Primary Credit Analyst Nikita Anand said credit is expected to expand by
5-7% in the Philippines in 2023, slower than the 7-9% growth this year.
