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.
April –
MONTH OF PLANET EARTH!
“Climate change, El Nino,
and the Middle East conflict
are wreaking havoc on Planet Earth.”
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
Monthly Observances:
April – Month of Planet Earth
Weekly Observances:
April 24-30 — World Immunization Week
Daily Observances:
Apr 5 — International Day of Conscience
Apr 7 — World Health Day
Apr 15 — International Day of Wellness
Apr 21 — Civil Service Day
Apr 22 – World Earth Day
Apr 28 – World Day for Safety and Health
at Work
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