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                    [ArticleID] => 149064
                    [Title] => NPL level of RP banks seen to peak at 21% in 3rd quarter this year
                    [Summary] => The level of non-performing loans (NPLs) of the country’s banking system is seen to peak at 21 percent by the third quarter this year, according to  a global investment banker.


In an interview yesterday, Salomon Smith Barney (SSB) Asia Pacific Ltd. vice president Bradford K. Ti said their estimate was based on the expected performance of the Philippine economy vis-à-vis that of the US economy.


"Much  will also depend on how the asset management committees (AMCs) will be able to operate this year," Ti added.


                    [DatePublished] => 2002-02-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
                    [SectionName] => Business
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CEREBUS PARTNERS

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                    [ArticleID] => 149064
                    [Title] => NPL level of RP banks seen to peak at 21% in 3rd quarter this year
                    [Summary] => The level of non-performing loans (NPLs) of the country’s banking system is seen to peak at 21 percent by the third quarter this year, according to  a global investment banker.


In an interview yesterday, Salomon Smith Barney (SSB) Asia Pacific Ltd. vice president Bradford K. Ti said their estimate was based on the expected performance of the Philippine economy vis-à-vis that of the US economy.


"Much  will also depend on how the asset management committees (AMCs) will be able to operate this year," Ti added.


                    [DatePublished] => 2002-02-01 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1097672
                    [AuthorName] =>  Ted P. Torres
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abtest

NPL level of RP banks seen to peak at 21% in 3rd quarter this year

By Ted P. Torres | February 1, 2002 - 12:00am

The level of non-performing loans (NPLs) of the country’s banking system is seen to peak at 21 percent by the third quarter this year, according to a global investment banker. In an interview yesterday, Salomon...

Business