Philippine Banks' Bad Debt Ratio Hits 2-Month High: A Forex Stress Signal

The Philippine banking sector's asset quality has weakened, with the Non-Performing Loan (NPL) ratio reaching 3.33% of total loans in October. This measure, which includes loans overdue by at least 90 days and at high risk of default, is a crucial indicator of financial stress and is closely watched by institutions seeking Global Markets Eruditio.