High rates to continue affecting BPI’s margins

BANK of the Philippine Islands (BPI) expects its margins to be affected by the lagged effect of the central bank’s cumulative benchmark interest rate hikes in the last two years, an official said. “There are many things that are expected to affect our margins. The rate effects are one thing,” BPI Chief Finance Officer Eric […]

High rates to continue affecting BPI’s margins
BANK of the Philippine Islands (BPI) expects its margins to be affected by the lagged effect of the central bank’s cumulative benchmark interest rate hikes in the last two years, an official said. “There are many things that are expected to affect our margins. The rate effects are one thing,” BPI Chief Finance Officer Eric […]