MANILA, Philippines (Xinhua) – The non-performing loans (NPL) ratio of Philippine universal and commercial banks (U/KBs) eased to 3.40 percent in April, according to data issued today by the country’s central bank.
This is by 0.12 percentage point higher than previous month’s 3. 28 percent but an improvement by 0.24 percentage point from year ago’s 3.64 percent ratio. This is the 19th consecutive month that the NPL ratio has been below four percent.
The improved NPL ratio in November came with the 0.77 percent expansion in total loan portfolio (TLP).
Net of interbank loans, the NPL ratio increased to 3.86 percent from last month’s 3.76 percent but eased from year ago’s 4.09 percent ratio.
The loan exposure of banks remained adequately covered. The NPL coverage ratio narrowed to 108.72 percent from last month’s 112.76 percent. But this is better than last year’s 99.65 percent.
January – ZERO WASTE MONTH
“Stop wasting our money.
Stop corruption!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
January
24 Jan – International Day of Education
26 Jan – International Day of Clean Energy
Monthly Observances:
National Microinsurance Month
Zero Waste Month
Weekly Observances:
Week 1: National Time Consciousness Week
Week 3: National Mental Health Week
Last Week: Children’s Week
Daily Observances:
January 6: Community Development Day
Third Sunday: Children’s Day
Day of Sanctity and Protection of Human Life
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