BMI: PH banks face slower loan growth, rising NPLs

Oct 13, 2026

MANILA, Philippines — Weak economic activity and tight financial conditions will weigh on bank lending growth through 2027, BMI said, while also forecasting an increase in bad loans as borrowers contend with high inflation and elevated unemployment. In a commentary, the Fitch Group unit said it expects annual credit growth to hit 9 percent in

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