S&P: PH banks’ buffers can withstand credit risks
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Source: The Manila Times
Published: 2026-09-09 02:15 UTC+10:00
Section: General
Factuality Score: 92
Opinion Category: Neutral
Topics: Philippines, World News, Business & Economy
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Snippet:
PHILIPPINE banks could see pretax profits fall by as much as 75 percent if nonperforming loans (NPLs) double, although the sector’s strong capital buffers should help it withstand the shock, S&P Global Ratings said.
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