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PH banks' NPL ratio edges up to 3.57%

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THE nonperforming loan (NPL) ratio of Philippine banks edged up to 3.57 percent in May, Bangko Sentral ng Pilipinas (BSP) data showed, rising from April's 3.45 percent and also the highest since June 2022's 3.60 percent.

THE nonperforming loan ratio of Philippine banks edged up to 3.57 percent in May, Bangko Sentral ng Pilipinas data showed, rising from April's 3.45 percent and also the highest since June 2022's 3.60 percent.Bad loans rose to P495.67 billion in May, compared to P480.64 billion a month earlier. Year on year, it rose from P436.11 billion.

38 percent of total loans, lower than the previous month's 4.43 percent.Year on year, past-due loans were 4.17 percent of the total at P525.51 billion.Restructured loans, meanwhile, rose to P295.89 billion in May from P290.37 billion in the previous month. This brought it to 2.13 percent of banks' gross loan portfolio.A year earlier, restructured loans were higher at P310.29 billion, or 2.46 percent.Lenders' loan loss reserves edged up to P474.88 billion, equivalent to 3.

 

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PH banks' NPL ratio hits 11-month highTHE nonperforming loan (NPL) ratio of Philippine banks rose to an 11-month high of 3.45 percent in April, data from the Bangko Sentral ng Pilipinas (BSP) showed.
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