By Katherine K. Chan, Reporter
THE PHILIPPINE BANKING sector’s nonperforming loan (NPL) ratio declined in March, data from the Bangko Sentral ng Pilipinas (BSP) showed, reflecting borrowers’ strong repayment capacity despite the Middle East war.
Based on the latest central bank data, banks’ bad loan ratio improved to 3.29% in March from 3.33% in February.
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