Fitch analyzes the state of the Philippine banking sector, noting BPI and BDO are affected by conflict-driven energy shocks.
1 report, 1 independent
Updated Jun 25
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What happened
Fitch analyzes the state of the Philippine banking sector, noting BPI and BDO are affected by conflict-driven energy shocks.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Bank of the Philippine Islands faces economic slowdown and inflation concerns in the Philippines.Sub-event
- Ayala is leading the operations and strategy of Bank of the Philippine Islands, which operates in the Philippine market.Sub-event
- Inflation and economic backdrop affect lending in the financial sector, specifically impacting BPI, which is led by the Ayala group.Sub-event
Conflict-driven energy shocks are impacting the Philippine banking sector, affecting major banks like BPI and BDO.1 source
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The entities involved
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Philippines
archipelagic country in Southeast Asia
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Bank of the Philippine Islands
universal bank in the Philippines
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BDO
Philippine banking company