NPL Ratio Improved in February
The non-performing loans ratio of universal and commercial banks improved to 2.93 percent better than same month in the last year 3.18 percent or 0.08 percentage points lower than January’s 2011 3.01 percent, the Bangko Sentral ng Pilipinas (BSP) said. The cause of the improvement in banks’ loan quality to the 2.98 percent extension in total loan portfolio compared in bad loans with only 0.49 percent increase.
Total loan portfolio their NPL (non-performing loans) grew past during the period the bad loans ratio banks improved of the country’s largest in the first two months of the year.
In February net of interbank loans the bad loans ratio also eased to 3.18 percent from 3.24 percent the prior month, in February last year from 3.62 percent. The lower ratio was attributed to the 2.42 percent rise in regular loans to P2.575 billion, which outweighed the increase in NPL, BSP said.
The restructured loans to total loan portfolio ratio In January’s 1.65 percent went down to 1.57 percent In February. At the same month last year’s 1.72 percent. In January real and other properties acquired (ROPA) 2.06 percent as a percentage of gross assets improved to 2.02 percent in February. At the same month last year’s 2.38 percent. The non-performing assets (NPA) February last year’s 3.87 percent and now improved to 3.37 percent from January’s 3.42 percent.