Tag page - PDL

Banks continue to report an increasing gross non-performing loans (NPL) ratio of 4.21 percent and past due ratio of 5.34 percent in March in an expected trend resulting from borrowers’ difficulty in paying their loans amid the public health crisis. The last time gross NPL was at this level was in...

Philippine banks' write-offs for bad loans have reached P3.517 billion as of end-March, 205 percent higher from same time last year of P1.153 billion, based on data from the Bangko Sentral ng Pilipinas (BSP). Writing off bad debts which are non-performing loans (NPL) clears banks’ balance sheets...

Eighty-five banks have applied to exclude P18.8 billion of non-performing loans (NPL, P12.2 billion) and past due loans (PDL, P6.6 billion) from the Bangko Sentral ng Pilipinas’ (BSP) soured loans’ classification as of end-February this year. The BSP considers this a small number of banks that...