Philippine banks’ nonperforming loan ratio (NPL) is projected to jump to 6 percent this year from the 3.6 percent at the end of last year as loan moratoriums and fiscal support are phased out, a report published by S&P Global Ratings on Monday said.
The nonperforming loans of Philippine banks is expected to increase this year, according to a report published by S&P Global Ratings. THE MANILA TIMES PHOTO