Story thread · 2 reports / 2 sources
Philippine banks hike provisions, brace for defaults on Iran war
freemalaysiatoday.com · 13d

How the coverage leans
Across 2 sources · syndicated copies counted once
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.
First report: Philippine Banks Set Aside More Loan Provisions as Inflation Surges on War — bloomberg.com, 13d
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