Philippine banks’ bad loans swelled to 6-month high in February

MANILA, Philippines — The share of bad loans to the total lending portfolio of Philippine banks rose to a six-month high in February, as sticky borrowing costs continued to weigh on debt servicing, especially among retail borrowers. At the same time, new data showed banks trimmed their allowance for credit losses to a 15-month low […]... Keep on reading: Philippine banks’ bad loans swelled to 6-month high in February

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