Regulators monitor rising debt; banking system holds firm

MANILA, Philippines — A central bank-led government group tasked with shielding the financial system from market shocks said the banking system remained resilient, but cautioned that rising exposure to large corporations, a surge in consumer lending and shifting business models among nonbank financial firms could pose risks. In a statement, the Financial Stability Coordination Council […]... Keep on reading: Regulators monitor rising debt; banking system holds firm