Non-performing loans as a share of bank loans reached 3.19% in 2023 in Philippines, according to the National Central Bank. This is 1.66% more than in the previous year.
Historically, non-performing loans as a share of bank loans in Philippines reached an all time high of 3.96% in 2021 and an all time low of 1.58% in 2017.
Philippines has been ranked 49th within the group of 109 countries we follow in terms of non-performing loans as a share of bank loans.
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