The non-performing loans (NPL) ratio of the country’s big banks in November remained low even as the value of bad loans they incurred rose from a month earlier, the central bank reported on Friday.

The non-performing loans (NPL) ratio of universal and commercial banks (U/KBs) was at 1.75 percent for the month from 1.98 percent a year earlier, the Bangko Sentral ng Pilipinas (BSP) said.

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