By Luz Wendy T. Noble, Reporter SOURED LOANS held by Philippine banks continued to rise in April, bringing the nonperforming loan (NPL) ratio to its highest in nearly 12 years as borrowers’ capacity to pay debts were affected by the reimposed restriction measures. The banking industry’s nonperforming loans surged 84% […]
Bad loans ratio highest since 2009
By Luz Wendy T. Noble, Reporter SOURED LOANS held by Philippine banks continued to rise in April, bringing the nonperforming loan (NPL) ratio to its highest in nearly 12 years as borrowers’ capacity to pay debts were affected by the reimposed restriction measures. The banking industry’s nonperforming loans surged 84% […]