THE nonperforming loan (NPL) ratio of Philippine banks hit a nine-month high of 3.5 percent in August, Bangko Sentral ng ...
Loan growth in the Philippine banking sector remains strong and is likely to sustain double-digit expansion through 2026, ...
MANILA, Philippines — The proportion of bad debts held by Philippine banks slightly eased in May, albeit still at one of the highest levels this year, as falling interest rates may have helped ...
Philippine President Rodrigo Duterte on Tuesday signed a law that would help the country's banks offload soured loans through asset management companies to help speed up the process of cleaning up of ...
Philippine bank lending fell for the first time in more than 14 years in December, reflecting weak consumer and business activity, with the trend expected to persist as coronavirus restrictions remain ...