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.
September 18 –
International Equal Pay Day
“Increase wages now,
more than other cost items.
For widespread, practical equality!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
#Report Corruption #SearchPosts #TakePicturesVideos
October –
Monthly Observances:
Industry and Commerce Safety Month
National Statistics Month
Local Government Month
Consumer Welfare Month
Cooperative Month
National Quality and Productivity Improvement Month
National Health and Wellness Tourism Month
National Indigenous Peoples Month
Weekly Observances:
Week 1: Elderly Filipino Week
Week 2: National Health Education Week
Local Government Week
National Mental Health Week
October 17-23:
National Week for Overcoming Extreme Poverty
October 18 – 24:
United Nations Week
Last Week:
Nurses’ Week
Consumers’ Protection Week
Week of the 4th Sunday:
Barrio Farmers’ Week
Daily Observances:
First Monday (Oct 4): Universal Children’s Day i
n the Philippines
Oct 5: National Teachers’ Day
Oct 10: Local Government Day
Third Thursday (Oct 14): Conflict Resolution Day
Oct 21: Tenants’ Emancipation day
Oct 24: United Nations Day
Oct 29: National Indigenous People’s Thanksgiving Day
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