Non-performing loans reached 148 PHP bil in 2005 in Philippines, according to the National Central Bank. This is 15.5 % more than in the previous year.
Historically, non-performing loans in Philippines reached an all time high of 148 PHP bil in 2005 and an all time low of 78.6 PHP bil in 2012. When compared to Philippines's main peers, non-performing loans in China amounted to 1,313 CNY bil and 51,406 IDR bil in Indonesia in 2005.
Philippines has been ranked 11th within the group of 57 countries we follow in terms of non-performing loans.
A non-performing loan is a loan that is in default or close to being in default.