Banks maintain upbeat outlook

Sep 27, 2024 12:24 am

AMID macroeconomic headwinds, the banking sector remains optimistic about this year and the next, the Bangko Sentral ng Pilipinas (BSP) said on Thursday.

'Overall, respondent banks expect double-digit growth in their assets, loans, deposits and net income, as well as plan to maintain robust capital and liquidity positions to maintain institutional stability,' it said in a statement announcing the findings of the 2023 Banking Sector Outlook Survey (BSOS).

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