Nestlé Philippines celebrated Pride Month by pursuing workplace diversity and inclusion
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Creating a diverse, inclusive, and safe workplace for the LGBTQIA+ community
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Published May 11, 2021, 11:48 AM
Banks continue to report an increasing gross non-performing loans (NPL) ratio of 4.21 percent and past due ratio of 5.34 percent in March in an expected trend resulting from borrowers’ difficulty in paying their loans amid the public health crisis.
The last time gross NPL was at this level was in March 2009 and in November 2008 for the past due ratio, based on Bangko Sentral ng Pilipinas (BSP) data. The soured loans ratio first went past four percent, and five percent for the past due ratio, in February this year. At the end of 2020, the first pandemic year, the gross NPL ratio was at 3.63 percent and the past due ratio was at 4.46 percent.