Australia-based ANZ Research offered on Thursday a negative view of bank lending in the country, even after Republic Act 11523, or the “Financial Institutions Strategic Transfer Act” (FIST), was signed.

Sanjay Mathur, ANZ Research chief economist for Southeast Asia and India, said in a report that his organization does “not see a quick turnaround in credit in the Philippines.”

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details