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The best banking institutions in retail, commercial, private and investment banking are highlighted, along with two outstanding CEOs from their regions.
INFLATION RISKS. Risks coming from the weakness of the peso against the US dollar, along with the continued acceleration of the inflation rate, are seen as primary factors for additional hikes in the Bangko Sentral ng Pilipinas' (BSP) key rates. The Bank of the Philippine Islands (BPI) forecast an additional 100 basis points increase in the BSP rate until end-2022. (PNA file photo) MANILA - Additional increases in the Bangko Sentral ng Pilipinas' (BSP) key rates are expected not only to help address the accelerating inflation rate but also the peso weakness, given the continued hikes i...