BUSINESSJun 8 · 06:59 UTCBLOOMBERGCliff Harvey Venzon

Philippines Warns of FX Risks as Big Firms Face $26 Billion Debt Bill

The Philippines warns of foreign exchange risks as major firms face a $26 billion debt bill. Rizal Commercial Banking Corp., the country’s sixth-largest lender, anticipates growth in consumer credit to counter corporate client challenges linked to tariffs.

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PhilippinesplaceRizal Commercial Banking Corp.organizationforeign exchange riskstopic$26 billion debttopicconsumer credit businesstopictariff-induced weaknesstopic

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