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The expected rise in interest rates may put a dent on banks’ profitability but Bangko Sentral ng Pilipinas Deputy Governor Nestor Espenilla Jr was quick to point out that the increase has no bearing on the strength of the banking industry.

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                    [AuthorName] => Kathleen A. Martin
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PILIPINAS DEPUTY GOVERNOR NESTOR ESPENILLA JR

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Rise in interest rates may dent banks’ profits

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

The expected rise in interest rates may put a dent on banks’ profitability but Bangko Sentral ng Pilipinas Deputy Governor Nestor Espenilla Jr was quick to point out that the increase has no bearing on the...

Business