Philippine banks IT spending to grow ahead of regional peers
Aggregated Source: ChinaTechNews.com
April 17, 2008|
By Victoria Ho, ZDNet Asia
Philippine banks are on track to spend some US$338 million on IT and related financial technology this year, according to research firm Financial Insights.
A report released by Financial Insights predicts banks' IT spending will grow by a compound annual growth rate (CAGR) of 8.5 percent from 2007 to 2010.
Michael Araneta, senior [...]
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Copyright ChinaTechNews.com
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