EconPulse Markets. Economy. Malaysia & The World. Wed, 29 Jul 2026
Malaysia

Philippine banks hike provisions, brace for defaults on Iran war

Philippine banks hike provisions, brace for defaults on Iran war
Image: Free Malaysia Today Business

Summary

Philippine lenders warned of the impact of the Iran war, which has caused inflation and interest rates to spike in a country that gets more than 90% of its oil from the Middle East.

Source & full coverage: this summary is aggregated from Free Malaysia Today Business, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at Free Malaysia Today Business →