07.13.2012 As of end-March 2012, total credit card receivables (CCRs) of universal/commercial banks (U/KBs) and thrift banks (TBs) stood at P131.9 billion, up by 11.0 percent (P13.1 billion) from year ago’s P118.8 billion.
Total CCRs including those of U/KB subsidiaries amounted to P159.1 billion, higher by 12.7 percent from year ago’s P141.2 billion, of which 82.6 percent (P131.4 billion) came from U/KBs, 17.3 percent (P27.5 billion) from U/KB subsidiaries and the remaining balance of 0.1 percent (P0.2 billion) from TBs not affiliated with U/KBs. All subgroups posted year-on-year expansion in their total CCRs.
Meanwhile, the ratio of CCRs to total loan portfolio (TLP) ratio slightly declined to 4.6 percent from year ago’s 4.7 percent due to the faster 17.7 percent growth in TLP.
The ratio of non-performing CCRs to total CCRs increased to 11.2 percent from 10.9 percent last quarter as non-performing CCRs grew by 2.8 percent (P0.5 billion). Nevertheless, this quarter’s ratio was still better than the 13.2 percent delinquency ratio posted a year ago.
On the other hand, non-performing CCRs eased to 13.0 percent of total NPLs from 13.2 percent in the previous quarter and 13.8 percent a year ago. Finally, the ratio of non-performing CCRs to TLP remained unchanged from previous quarter’s 0.5 percent, though better than the 0.6 percent ratio from year ago.
View Table 1 | Table 2 | 
