Philippine banks bad loans
Philippine banks’ credit costs to further decline in 2022
Philippine banks’ credit costs to further decline in 2022
Profits are expected to strengthen throughout the year as the economy recovers.
Philippine banks’ bad loans total $9.41b in November 2021
The figure is a slight improvement from October’s gross NPLs.
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BCG’s Tushar Agarwal emphasises that transformation relies on mobilising people and understanding their motivations
He highlights the importance of cultural context, workforce mobilisation, and data-driven strategies in financial sector innovation.