BusinessWorld E-paper
December 13, 2022
THE PHILIPPINE BANKING industry’s bad loans fell for the eighth straight month in October, bringing the nonperforming
loan (NPL) ratio to its lowest in 26 months, data from the Bangko
Sentral ng Pilipinas (BSP) showed. Based on BSP data, banks’ gross NPL ratio dropped to 3.41%
in October, from 4.42% a year ago
and 3.42% in September.
