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WHY GUTHRIE OUTDRAWS SHAKESPEARE | Maclean s
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FIST Law to cast safety net for banks - BusinessWorld
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NPL ratio could breach 5% by end-2021 âBSP
April 26, 2021 | 12:32 am
Reporter
THE BANKING INDUSTRYâS nonperforming loan (NPL) ratio may go beyond 5% by the end of this year, a Bangko Sentral ng Pilipinas (BSP) official said.
âWeâre expecting the year-end 2021 NPL ratio to be a little above 5%,â BSP Deputy Governor Chuchi G. Fonacier told
BusinessWorld via Viber message.
Ms. Fonacier said the Financial Institutions Strategic Transfer (FIST) Law, signed in February, will help banks offload bad assets which will bring down the NPL ratio.
âWith the enactment of the FIST Law, it is estimated that NPL ratio of banks will decline by 0.63 to 0.71 percentage points,â she said.
Inflation seen to remain elevated throughout Q2
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Barbara Field, a queen of adaptations and champion of playwrights, dies at 87 Writer of Guthrie s A Christmas Carol also launched the Playwrights Center, where she mentored many. February 23, 2021 7:57pm Text size Copy shortlink:
Playwright Barbara Field s stage adaptation of A Christmas Carol was seen by millions during its 35-year run at the Guthrie Theater, introducing many to the power of theater with a transformative ghost story.
But her most enduring legacy might be less dramatic. While she was a graduate student at the University of Minnesota in 1971, Field and a clutch of other students acted on the advice of theater professor Charles Nolte and created the Playwrights Center, which has helped generations of writers from August Wilson and Lee Blessing to Melanie Marnich and Christina Ham find their voice.