Small banks in the country appear to have improved their lending practices as the ratio of bad loans against the industry’s total loan portfolio (TLP) fell in 2013 from its year-earlier level.
According to Bangko Sentral ng Pilipinas (BSP) data, the combined gross non-performing loans (NPL) of thrift, rural and cooperative banks represented 7.04 percent of the banks’ TLP during the period.
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