HOME  ABOUT THE BANK  MONETARY POLICY  BANKING SUPERVISION  PAYMENTS & SETTLEMENTS  STATISTICS  FEEDBACK CORNER
   BSP NOTES & COINS  MONETARY OPERATIONS  LOANS-CREDIT & ASSET MGT  PUBLICATIONS & RESEARCH  REGULATIONS  PROCUREMENT

Feedback Corner

Publications and Research

Media Releases

Auto Loan Exposure of Commercial Banks and Thrift Banks

04.15.2003

As of 31 December 2002, total auto loans (ALs) of KBs and TBs aggregated P42.2 billion, slightly lower by 0.2 percent or P0.1 billion from erstwhile quarter’s P42.3 billion and by 22.4 percent or P7.7 billion from last year’s level of P34.5 billion. Thus, ALs, as a percentage of total loan portfolio (TLP), rose from 2.0 percent from year-end 2001 to 2.3 percent. Thrift banks still held the bulk at 67.7 percent or P28.6 billion of total ALs.

The aggregate past due of ALs amounted to P2.6 billion, same as last quarter but higher by 23.9 percent or P0.5 billion from last year’s P2.1 billion. The increase from a year ago came from TBs (P0.6 billion) that was lightly dented by a (P0.1 billion) reduction from KBs. This resulted to a past due ALs to total ALs ratio of 6.1 percent, same as last quarter and a slight setback from the 6.0 percent last year.

Total past due ALs represented 0.9 percent and 0.1 percent of the total non-performing loans (NPLs) and total loan portfolio (TLP), respectively, of KBs and TBs combined.

There were 29 banks (11 KBs, 18 TBs) that reported past due ratios in excess of the combined weighted average of 6.1 percent. Six (6) KBs and five (5) TBs reported past due ratios at more than 50.0 percent. Of these, three (3) banks (1 KB and 2 TBs) reported 100.0 percent past due ALs.

 View Table

RSS Subscribe for updates

Archives