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Banks’ bad loans inch up to 3.33% in October

8 December 2025
in Business
Reading Time: 3 mins read
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Banks’ bad loans inch up to 3.33% in October
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THE PHILIPPINE BANKING sector had slightly more bad debts in October than in the previous month, bringing its gross nonperforming loan (NPL) ratio to 3.33%, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed.

The industry’s gross NPL ratio inched up in October to 3.33% from 3.31% in September but improved from the over two-year high NPL ratio of 3.6% logged in October 2024.

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