Non-performing loans as a share of bank equity reached 22.2% in second quarter of 2021 in Philippines, according to the National Central Bank. This is 7.31% more than in the previous quarter.
Historically, non-performing loans as a share of bank equity in Philippines reached an all time high of 22.8% in 1Q2009 and an all time low of 9.81% in 4Q2017.
Philippines has been ranked 29th within the group of 54 countries we follow in terms of non-performing loans as a share of bank equity.
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