PH banks’ bad loans ratio eases to 9-mo low

MANILA, Philippines — The share of bad loans on Philippine banks’ books declined to a nine-month low in September, as both lenders and borrowers stayed resilient amid a difficult economic landscape Preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed nonperforming loans (NPLs), or debts that remain unpaid 90 days past the due date and