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LANDBANK looking to sell soured loans, assets via FIST Law

LANDBANK looking to sell soured loans, assets via FIST Law
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

Banks NPL ratio hits 12-year high – BSP – Manila Bulletin

The banking sector’s non-performing loans (NPL) ratio climbed to 4.35 percent in April this year, highest in 12 years, while delinquency rate also surged, data from the Bangko Sentral ng Pilipinas (BSP) revealed. BSP data showed that the banking sector’s non-performing loans (NPL) ratio went up t

BSP outlines application process for COE to sell assets under FIST Law

BSP outlines application process for COE to sell assets under FIST Law
bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.

Bank lending shrinks 5% in April - BusinessWorld

BusinessWorld June 1, 2021 | 12:33 am BW FILE PHOTO LENDING by big banks in April contracted by its fastest pace since 2004, reflecting the impact of the stricter lockdowns on both lenders and borrowers. Outstanding loans by big banks dropped by 5% to P8.998 trillion in April from P9.474 trillion a year ago, based on preliminary data released by the Bangko Sentral ng Pilipinas (BSP) on Monday. The April bank lending drop was faster than the 4.5% dip in March, and the fifth straight month of decline. Before April, the steepest lending contraction was seen in May 2004, when bank lending shrank by 4.6%. Inclusive of reverse repurchase agreements, outstanding loans extended by big banks fell by 2.9% in April from a 4.3% drop a month earlier.

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