BANK of the Philippine Islands (BPI) is bullish on its consumer banking business and expects its loan portfolio to continue expanding despite rising interest rates due to faster inflation. READ:
BANK of the Philippine Islands expects its loan portfolio to continue growing despite rising interest rates. — BW FILE PHOTO
“These allow us to provide greater traction in the ensuing months as we continue to monitor the impact of interest rates in our loan books. However, we don’t think that the increase in interest rates will drastically change demand,” she added. “We also always continue to adapt in order to meet our customers’ changing needs and the demands of an evolving economy,” he added.
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