PH banks can handle household debt risks

PHILIPPINE banks can handle rising household debt risks despite high interest rates compared to its regional peers, according to Moody's Ratings.

"In Indonesia and the Philippines, banks face a moderate level of risk, given that households are not highly leveraged and the stable operating environment of these banking systems will support overall asset quality," Moody's Ratings AVP-analyst Jien Hoong Chew said in a commentary on Monday.