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Banks' Bad Loans Ratio Eases to 3.5%
The Philippine Star|January 16, 2025
The asset quality of the Philippine banking industry continued to improve as the non-performing loan (NPL) ratio of banks declined to a two-month low of 3.54 percent in November last year from 3.6 percent a month ago.
- Keisha Ta-asan

Preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed the NPL ratio in November was the lowest since the 3.47 percent recorded in September last year, as the level of loans disbursed by Philippine banks improved.

NPLs refer to credit obligations that have not been repaid for at least 90 days past their due date. These loans are categorized as high-risk assets because they indicate a borrower's diminished ability or willingness to meet financial obligations.

هذه القصة مأخوذة من طبعة January 16, 2025 من The Philippine Star.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

Banks' Bad Loans Ratio Eases to 3.5%
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هذه القصة مأخوذة من طبعة January 16, 2025 من The Philippine Star.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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