As of end-March 2009, the consumer loans (CLs) of universal/commercial banks (U/KBs) and thrift banks (TBs) reached P385.8 billion, up by 1.5 percent from last quarter’s P380.0 billion and by 18.7 percent from year ago’s P 325.1 billion. Meantime, the ratio of total CLs to total loan portfolio (TLP), exclusive of interbank loans (IBL) went up to 15.2 percent from last quarter’s 14.8 percent but dropped from year ago’s 15.4 percent ratio with the faster year-on-year growth in TLP, net of IBL.
By type of CLs, residential real estate loans (RRELs) represented the bulk of total CLs at 41.6 percent (or P160.4 billion). Credit card receivables (CCRs) came second with a share of 27.7 percent (or P106.8 billion). Auto loans (ALs) and Other Consumer Loans (Other CLs) followed with shares of 21.1 percent (or P81.6 billion) and 9.6 percent (or P37.0 billion), respectively.
By industry, U/KBs accounted for the majority of the total CL exposure of the banking system at 59.6 percent (P230.0 billion) whereas TBs held the balance of 40.4 percent (P155.8 billion).
In terms of loan quality, the ratio of non-performing CLs to total CLs climbed to 9.0 percent from last quarter’s 8.6 percent and year ago’s 8.1 percent ratio. The quarter-on-quarter increase in the ratio occurred as the growth in non-performing CLs outmatched the 1.5 percent expansion in total CLs. Non-performing CLs stood at P34.9 billion, up by 7.1 percent from last quarter. By industry, the ratio of non-performing CLs to total CLs of TBs at 8.5 percent was better than the 9.4 percent ratio posted by U/KBs.
Meantime, the non-performing CLs to total non-performing loans (NPLs) ratio stood at 26.2 percent (up from 25.3 percent last quarter and 20.4 percent a year ago), whereas non-performing CLs to TLP ratio settled at 1.4 percent (up from 1.3 percent last quarter and 1.2 percent a year ago).