In particular, there has been speculation about significant changes to fiscal policy of late, although the magnitude, composition, and timing of any fiscal changes are as yet unknown and will depend on the incoming Administration and the new Congress as well as the vicissitudes of the budgeting process. Even once any changes are enacted, uncertainty will remain about their effects on the overall economy.
All these reflect a wide variety of bank offerings that are structured to respond to the banking public’s broad range of financial requirements. After all, in a country of 100 million individuals, Philippine demographics signifies opportunities in diversity. In other words, the marketing message and the delivery of those messages to the banking public can never be static and must continue to evolve.