THE loan quality of the country’s largest banks deteriorated at end-August from the end-July level as their soured credit exposures grew faster than their overall lending.
In a statement, the Bangko Sentral ng Pilipinas said the non-performing loans ratio of universal and commercial banks in the first eight months of the year improved to 2.52 percent compared with 3.25 percent in the same period last year. Month-on-month, the bad loans ratio however went up by 0.07 percentage points from 2.45 percent in the first seven months of this year.
The BSP said the month-on-month hike in the bad loans ratio stemmed from the 5.35 percent increase in NPLs, compared with the slower 2.64 percent rise in total loan portfolio.
Net of interbank loans, the NPL ratio improved to 2.68 percent in August from 3.67 percent last year, but inched up from 2.62 percent in July.
The ratio went up from last month owing to the increase in NPLs, which outweighed the 2.97 percent rise in regular loans.
The industry’s provisioning against potential credit losses remained adequate despite some decline, the BSP noted. –LAILANY P. GOMEZ, Manila Times
July 2025
Nutrition Month
“Give us much more than P50 increase
for proper nutrition!”
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 #Distancing #TakePicturesVideosturesVideos
July
3 July – International Day of Cooperatives
3 July – International Plastic Bag Free Day
5 July – World Youth Skills Day
7 July – Global Forgiveness Day
11 July – World Population Day
17 July – World Day for International Justice
28 July – World Nature Conservation Day
30 July – World Day against Trafficking in Persons
Monthly Observances:
Schools Safety Month
Nutrition Month
National Disaster Consciousness Month
Weekly Observances:
Week 2: Cultural Communities Week
Micro, Small, and Medium Enterprise
Development Week
Week 3: National Science and
Technology Week
National Disability Prevention and
Rehabilitation Week
July 1-7:
National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
Arbor Week
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
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