The Philippine banking system’s gross non-performing loan (NPL) ratio dropped to its lowest level in three months, as robust growth in total bank lending helped offset a slower rise in soured loans.The latest data from the Bangko Sentral ng Pilipinas (BSP) showed that the banking ......
THE nonperforming loans (NPL) ratio of Philippine banks eased to 3.30 percent in March from 3.38 percent in February, according to data from the Bangko Sentral ng Pilipinas (BSP) ... This is the lowest recorded bad-loan ratio since the 3.27 percent in December 2024 ... A year earlier, restructured loans were lower at P294.54 billion....
The non-performing loan (NPL) ratio of Philippine banks eased to a three-month low of 3.30 percent in March, from 3.38 percent in February, as the growth in total loan portfolios outpaced the increase in bad debts .......
Integrating student loans into DeFi could quadruple TVL but demands clear licensing, audits, and standards ... Animoca Brands has already backed this approach through its investment in Pencil Finance, which issues blockchain-secured student loans in the Philippines and Indonesia and plans to expand into the U.S....
... platform designed to automate loan approval processes in the Philippines.Last is Venyu, a comprehensive sports venue booking platform offering access to more than 1,000 courts across Metro Manila, allowing users to find, book, and play in just minutes.The competition was tough....
PCCI, the largest business organization in the country, is eyeing the passage of the Magna Carta for micro, small, and medium enterprises (MSME) which will extend the mandatory allocation of MSME loans by banks.It is also advocating for the amendments of the charters of ......
Despite an accelerated loan loss provisioning, Alfredo Yao's PhilippineBusinessBank managed to grow its net income by 15.4 percent to ₱590.0 million in the first quarter of 2025 from the ₱511.5 million earned in the same period last year on the back of higher margins.In a ......
Just this morning, Yat says, Animoca Brands announced a $10 million investment with OpenCampus in a student loan financing platform called Pencil Finance ... “Why is that interesting? Well, in places like the Philippines and Indonesia, a student loan is like $500, so $10 million will go a long way....
A new World Bankloan aimed at strengthening the Philippines' health system is facing delays as the Washington-based multilateral lender awaits a go-signal from the Department of Justice (DOJ)."The project will become effective upon obtaining the legal opinion from the DOJ ......
THE Bank of the PhilippineIslands (BPI) proudly honored its outstanding retail loans partners at the sixth Padayon Awards, an annual gathering that celebrates the exceptional contributions of BPI's partner dealers, manufacturers, developers and brokers ... a better Philippines....
This initiative aims to address the significant credit gap for micro, small and medium-sized Enterprises (MSMEs), which constitute 99 percent of businesses in the Philippines but receive only a small fraction of total bank loans....
