THE Philippines banking system encompasses different types of banks ranging from large universal banks, small rural banks to non-banks. Having a vital role in shaping the country’s economy, each bank is unique in its approaches.
Recently, debt watcher Moody’s Investor Services gave the Philippine banking system a “stable” outlook. Moody’s also acknowledged the asset performance of banks in the country—as well as their sufficient liquidity capacity and sustained strength in the local economy.
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