Non-performing loan ratio rises to two-year high in July
PHILIPPINE banks' bad loan ratio hit a two-year high in July, data from the Bangko Sentral ng Pilipinas (BSP) showed, edging up to 3.58 percent from 3.51 percent in June and 3.43 percent a year earlier.
It is the highest recorded since June 2022's 3.60 percent.
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