Reuters logo
PHILIPPINES PRESS-S&P says higher rates unlikely to hurt Philippine banks - BusinessWorld
February 21, 2014 / 12:26 AM / in 4 years

PHILIPPINES PRESS-S&P says higher rates unlikely to hurt Philippine banks - BusinessWorld

Higher interest rates, expected later this year, could cool property prices somewhat but won’t hurt the health of Philippine banks’ home mortgage portfolios, global debt watcher Standard & Poor’s said, according to a BusinessWorld newspaper report.

(link.reuters.com/kar96v)

----

NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Manila Newsroom; Editing by Sunil Nair)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below