PH banking stocks tumble after Hanjin files for corp rehab


Posted at Jan 12 2019 12:37 AM

Watch also in iWant or

The local finance sector is reeling after ship-building giant Hanjin’s Philippine unit filed for corporate rehabilitation. While analysts say the banks exposed can absorb the shock, investors may still see slower earnings growth from these firms in 2019. Michelle Ong reports. - Business Nightly, ANC, January 11, 2019