MANILA, Philippines - Major banks are hoping to restructure a "big chunk" of the P167.4 billion credit card receivables through a debt relief program for highly indebted and financially distressed customers. Credit Card Association of the Philippines (CCAP) president Jesus Angelo Gomez said in a round table discussion that banks hope to migrate a major [...]The post Banks launch restructuring of P167-B credit card receivables appeared first on Investment, Finance and Foreign Exchange News - MetisEtrade Blog.
