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BSP brushes off Fitch concerns, says banks remain resilient
MANILA – The Bangko Sentral ng Pilipinas (BSP) said the country’s banking sector remains resilient despite concerns raised by Fitch Ratings over the potential impact of economic challenges on banks’ financial performance. The BSP issued the statement after Fitch Ratings warned that prevailing economic conditions in the Philippines could lead to higher credit impairments and…




