Banks to weather Iran shocks–BSP

MANILA, Philippines – The Philippine banking system has limited direct exposure to the conflict in the Middle East, the Bangko Sentral ng Pilipinas (BSP) said, adding that strong capital buffers and ample liquidity should help cushion the industry from the fallout. In its report on the Philippine financial system for the second half of 2025, the BSP said banks and nonbank financial institutions had remained in sound condition during the period, leaving the industry well-positioned when the Middle East crisis escalated earlier this year. READ: BSP seen to turn hawkish amid Middle East crisis Assets held by Philippine banks rose 8.9 […]...

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