A steep rise in interest rates could see the cost of borrowing cross levels above 30 per cent, last witnessed a decade ago. The regulator earlier this month held the benchmark rate at 13 per cent.

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The two regional banks are anticipating that borrower demand will increase in the back half of the year. High interest rates and economic uncertainty have been muting the appetite for borrowing.

Ayala-led Bank of the Philippine Islands (BPI) is bullish on the growth of its loan portfolio this year, banking on the strong demand from its consumer segment. BPI ...

Deputy Governor of the SBV Dao Minh Tu said that capital in the country's banking system remains abundant with full liquidity, even surplus with interest rates currently at a 20-year low, a great ...

Heartland Bank's latest rise in its carded fixed home loan rates still leaves it with some of the lowest rates in the market. The approaching May selling period is the last main chance for banks to me ...

Rates are rising as markets predict the Bank of England might not cut borrowing costs as much as expected due to stubborn inflation. Rising rates will hit those who have not remortgaged since interest ...

many banks charge lower credit risk premium to borrowers having higher credit score. These results in lower housing loan interest rates for borrowers having higher credit score. Ans. Few lenders offer ...

JAKARTA, KOMPAS — The era of high interest rates is expected to continue in line with indications that the United States central bank or The Fed will not cut interest rates in the near future. For the ...

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For cash-strapped consumers who battle to settle their debts, this sounded spot-on, but other economists do not agree fully.

Interest rates are rising due to the withdrawal interest rate caps on bank loans and deposits to meet the International Monetary Fund’s condition to control inflation ...