Loan-to-deposit ratio may drop below 50% by 2050 as population ages

WIRE — THE PHILIPPINES' loan-to-deposit ratio is projected to decline by 2050 as banked Filipinos are likely to borrow less and deposit more as they age, a study from the International Monetary Fund (IMF) showed. In a working paper published earlier this month, IMF Research Officer Haibo Li and senior economists Estelle Liu, Yinqiu Lu, Anne Oeking

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