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Philippine Banks’ Bad Loan Ratio Rises to 3.35% in July

Philippine Banks’ Bad Loan Ratio Rises to 3.35% in July

The share of nonperforming loans in the Philippine banking system edged up to 3.35% in July as borrowers contended with high interest rates and persistent inflation. The report assesses sector exposure and the outlook for asset quality.

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Banks’ bad loan ratio rises to 3.35% in July

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