'Revenge spending trickling down as interest rates rise' • Cai U. Ordinario
THE Philippines may already be approaching the tail end of its revenge spending phase and facing considerable headwinds brought by rising interest rates, but the growth of consumer loans is still expected to be robust, according to an executive of the Metropolitan Bank & Trust Co. (PSE: MBT). MBT’s Consumer Business Head Ramon Jaime L.V.
Source: businessmirror.com.ph
