PH bankers’ outlook remains optimistic for 2024-2025
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NewsTranscript
00:00The Philippine Bankers Outlook stays optimistic for 2024 and 2025.
00:05Banking Sector Outlook Survey, or BSOS, collects the opinions of higher officials
00:11of Philippine banks. Banco Central ng Pilipinas, or BSP, said that 147 out of 173 banks responded
00:20in the said survey. Most of the respondent banks look forward for a double-digit growth in their
00:26assets, stable banking system, loans, and anticipate a non-performing loan or NPL ratio
00:33of above 5% in the next two years. Meanwhile, macroeconomic risks are among the primary
00:40concerns of the respondent banks, and they continue to maintain the safety of their institutions.