Southeast Asian Banks unfazed by Europe Debt Turmoil

Posted by admin on Jun 22, 2010 in banking and finance, Economy, philippine business, Philippine Economy | 0 comments

SE Asia banks unfazed by debt turmoil in Europe THE BANKING SECTORS OF the Philippines and other Southeast Asian countries remain in good shape even with the debt turmoil in Europe, said Moody’s Investors Service. According to the credit rating firm, banks in this part of the world are strong enough to weather any adverse...