Bad loans ease to 3.40 percent in April

Published by rudy Date posted on June 12, 2010

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.

20 February –
WORLD DAY OF SOCIAL JUSTICE

“Every day, give everyone their due.
Every day should be Social Justice Day!

The only way”

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

Time to support & empower survivors. Time to spark a global conversation. Time for #GenerationEquality to #orangetheworld!

 

 
February Observances

1-7 Feb: World Interfaith Harmony Week
01 Feb: World Wetlands Day
02 Feb: International Day of Human Fraternity
04 Feb: International Day of Zero Tolerance
   for Female Genital Mutilation
11 Feb: International Day of Women and Girls
   in Science
20 Feb: World Day of Social Justice

Monthly Observances:
National Health Insurance Month
Weekly Observances:
Week 1: National Awareness Week
for the 
Prevention of Child Sexual Abuse
   and Exploitation 
Week 3: Public Administration Week
Daily Observances:
Feb 1 Constitution Day

 

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