Philippine banks could see 15-18% loan growth with AI

Philippine banks could achieve 15-18% loan growth by implementing artificial intelligence (AI)-powered lending systems, a significant increase from the current average credit expansion of around 10.5% as of September.

AI can enhance efficiencies in underwriting, loan management, and collections, addressing bottlenecks in the lending process.

Intellect Design Arena Executive Vice President Brajesh Khandelwal stated that AI's ability to accelerate decision-making and improve accuracy surpasses traditional automation.

Banks that proactively adopt enterprise-grade AI platforms and redesign their workflows are expected to gain a competitive advantage and command faster growth.

This accelerated loan expansion is contingent upon the speed of AI adoption among banks, with potential materialization as early as this year or in 2026.