The combined non-performing loans (NPLs) of thrift (TBs), rural (RBs) and cooperative banks reached P568.71 billion at the first quarter this year, data from the Bangko Sentral ng Pilipinas (BSP) showed.
The bank’s NPLs represented 7.77 percent of their total loan portfolio (TLP), up slightly from the 7.61 percent NPL ratio in the same quarter last year.
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