The bad-loan ratio of the commercial and universal banks improved to 13.84 percent in August this year from 14.96 percent in the same period a year ago, the Bangko Sentral ng Pilipinas said on Friday.

Compared with July, the bad-loan ratio improved only by 0.08 percentage points from 13.92 percent owing to the 1.8-percent rise in the total loan portfolio, dampening the 1.2-percent increase in NPLs.

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