Non-performing loans as a share of bank loans reached 3.34% in third quarter of 2023 in Philippines, according to the National Central Bank. This is 1.39% less than in the previous quarter.
Historically, non-performing loans as a share of bank loans in Philippines reached an all time high of 4.45% in 2Q2021 and an all time low of 1.58% in 4Q2017.
Philippines has been ranked 44th within the group of 92 countries we follow in terms of non-performing loans as a share of bank loans.
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