A GROUNDBREAKING book on the Philippine banking sector, authored by University of Asia and the Pacific professor Dr. Jovi C. Dacanay and her research associates, Ella Mae Leonida and Michaela Nicole Meriño, has been published by Palgrave Macmillan, a prestigious imprint of Springer Nature.

The school shared, “The book delves deeply into the stability and industrial organization of Philippine Universal and Commercial Banks, shedding light on their role in maintaining financial stability amidst economic shocks, particularly within the context of a developing economy.”

It further noted, “It argues that banks with sufficient market power, efficiency, and stability are better equipped to endure economic disruptions.”

The book, a culmination of five years of research, is part of the Studies in Banking and Financial Institutions series, indexed under Research Papers in Economics.

Palgrave Macmillan, with over 175 years of publishing expertise, ensures global distribution, enhancing the book’s visibility and accessibility.