Bad-loan ratio fell to 3-month low in March despite war risks

MANILA, Philippines — The share of bad loans in Philippine banks’ lending portfolios fell to a three-month low in March, even as a Middle East crisis triggered a historic oil shock that squeezed household finances and raised expectations of interest-rate hikes. Nonperforming loans (NPL), or debts overdue by at least 90 days and at risk […]... Keep on reading: Bad-loan ratio fell to 3-month low in March despite war risks

Original source: Philippine Daily Inquirer