Bank loan arrears rise 22% on economic woes
Friday, March 20, 2026 | 0 Views |
Tighter conditions: Arrears to banks rose significantly last year PIC MORERI SEJAKGOMO
The figure for last year came even as banks restrained their lending activities, with total loans extended starting 2025 at P87.2 billion, peaking at P90.6 billion in May and reaching December at about P90 billion.
The arrears rose from 6.4 percent of the total outstanding loans in January to 7.7 percent in December 2025, indicating the growing difficulties faced by banks in recovering credit extended.
For too long, the state of many public schools has been a source of shame. We have all seen the pictures and heard the stories of broken windows, unreliable water and electricity, topped by classrooms that are not fit for proper learning. The establishment of the Education Infrastructure and Management Company Ltd (EIMC) signals that authorities are finally ready to take this problem seriously. We must commend the government for this initiative....