The banking system in the Philippines is one of the most stable in Asia Pacific region, according to global debt watcher Moody’s Investor Service. The domestic banking system got stable outlooks in the areas of operating environment, asset quality, capital, funding and liquidity, profitability and efficiency and government support. “Our outlooks for APAC banks are increasingly stable amid supportive operating conditions. Overall, the Philippines, Malaysia, Sri Lanka, Vietnam, Thailand and India got stable outlooks. “China’s small and medium-sized banks face increasing funding pressure due to their high, and rising, levels of reliance on market funding,” Moody’s said.

Source: The Standard July 04, 2017 12:00 UTC