Free Download Bank Competition and the Effects on Financial Stability: Insights into the Emerging Banking Markets of the Philippines (Palgrave Macmillan Studies in Banking and Financial Institutions) by Jovi Clemente Dacanay, Ella Mae Odtuhan Leonida, Michaela Nicole E. Meriño
English | July 3, 2024 | ISBN: 303159598X | 377 pages | MOBI | 23 Mb
This book aims to form part of the growing literature on the banking system in developing countries in its aim to show the levels of stability in the banking sector of small economies. Any banking system is vulnerable to economic distress but one supported by universal and commercial banks that are efficient, stable, and which enjoy sufficient market power is most likely to withstand economic turmoil. Such is the Philippines' Universal and Commercial Banking system, which displayed remarkable resilience to unprecedented economic shock.