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Slower economic growth and uncertainty in global financial markets are seen to weigh on asset quality of Asia-Pacific banks this year, Standard & Poor’s Ratings Services said.

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International credit rater Standard & Poor’s (S&P) said banks around the Asia-Pacific region including the Philippines appear well placed to withstand any moderation in house prices on the back of prudent lending practices, tight regulations, and high household savings rates.
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NAOKO NEMOTO

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Slower economic growth and uncertainty in global financial markets are seen to weigh on asset quality of Asia-Pacific banks this year, Standard & Poor’s Ratings Services said.

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International credit rater Standard & Poor’s (S&P) said banks around the Asia-Pacific region including the Philippines appear well placed to withstand any moderation in house prices on the back of prudent lending practices, tight regulations, and high household savings rates.
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abtest

Slower growth seen weighing on asset quality of AsPac banks

By Kathleen A. Martin | February 24, 2014 - 12:00am

Slower economic growth and uncertainty in global financial markets are seen to weigh on asset quality of Asia-Pacific banks this year, Standard & Poor’s Ratings Services said.

Business

AsPac banks can withstand property crisis - S&P

By Lawrence Agcaoili | May 24, 2011 - 12:00am

International credit rater Standard & Poor’s (S&P) said banks around the Asia-Pacific region including the Philippines appear well placed to withstand any moderation in house prices on the back of prudent...

Business