Soured loans recorded by the country’s big banks remained low in August, the central bank reported on Wednesday, shrinking from a year earlier as a percentage of total loan portfolios (TLP) as well as in absolute terms.
Figures released by the Bangko Sentral ng Pilipinas (BSP) showed the non-performing loan (NPL) ratio of universal and commercial banks (U/KBs) easing to1.86 percent, down from the 2.21 percent recorded a year earlier.
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