Bad loans in the Philippine banking system climbed to a nine-month high in August. This rise comes as lenders, squeezed by narrower margins due to falling interest rates, may have turned to riskier retail borrowers in search of higher returns.

Latest data from the Bangko Sentral ng Pilipinas showed an increase in nonperforming loans (NPLs), which are defined as debts overdue by at least 90 days. This trend highlights growing concerns about credit quality amid changing market conditions.
https://business.inquirer.net/552316/bad-bank-loans-climbed-to-nine-month-high-in-august