GRoss non-performing loans (NPL) at thrift banks in the Philippines fell sequentially in the second quarter of this year to 4.83 percent of the segment’s P562.85 billion total loan portfolio, the Bangko Sentral ng Pilipinas (BSP) said in a statement on Friday.
The new ratio was lower than the 4.94 percent recorded in the earlier quarter as the amount of NPLs carried by thrift banks dropped in relation to the higher total loan portfolio, the BSP said.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.