This Dec. 18, 2019 file photo shows the Bangko Sentral ng Pilipinas sign is displayed on one side of the central bank’s complex on Roxas Boulevard, Manila. (Photo by Enrique Agcaoili)
Soured loans incurred by the Philippine banking system surged to more than P391 billion in the first 10 months of the year, according to the Bangko Sentral ng Pilipinas (BSP).