RTTNews - Philippines consumer loans of universal/commercial banks and thrift banks reached PHP 380 billion in the fourth quarter of 2008, up 2.5% from third quarter's PHP 370.7 billion, the Bangko Sentral ng Pilipinas said Monday.
Residential real estate loans represented 40.5% of total consumer loans. Credit card receivables came second with a share of 29.1%. Auto loans and other consumer loans followed with shares of 20.7% and 9.7%, respectively.
Meanwhile, the non-performing consumer loans to total non-performing loans ratio stood at 25.3%.
For comments and feedback: contact email@example.com