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Discover Latest #Debt service News, Articles and Videos with Contenting
- August, 2017 Debt service is a term used to describe the payments made on a loan or debt. These payments can be made on a monthly, quarterly, or yearly basis, and may include principal, interest, or other fees. Debt service payments are typically used to pay off the principal balance of a loan or debt over time, as well as any associated interest or fees. In some cases, debt service payments may also be used to pay down the principal balance of a loan or debt. Debt service payments can be made to a lender, creditor, or other third party, depending on the details of the loan or debt.
External debt service burden down at end-July - BusinessWorld Online
THE PHILIPPINES’ external debt payments declined as of end-July amid a slump in principal payments, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed. Debt servicing on external borrowings dropped by 7.6% to $7.693 billion in the first seven months from $8.329 billion a year ago. BSP data showed principal payments fell by 28.1% […]
External debt service up by 17% at end-Sept. - BusinessWorld Online
THE PHILIPPINES’ external debt service burden increased by an annual 17% as of end-September due to a rise in both interest and principal payments, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed. Debt servicing on external borrowings climbed by 16.8% to $12.85 billion in the first nine months from $11 billion in the […]
Banks’ NPLs may go down this year on BSP cuts - BusinessWorld Online
THE NONPERFORMING loans (NPLs) of Philippines banks may decline this year as the central bank continues to cut borrowing costs. “NPLs will ease as interest rates drop and lower the debt service burden of clients,” First Metro Investment Corp. Head of Research Cristina S. Ulang said in a Viber message. Philippine banks’ NPL ratio rose […]
Debt service bill surges in Nov. - BusinessWorld Online
THE NATIONAL Government’s (NG) debt service bill surged year on year in November as both interest and amortization payments rose, data from the Bureau of the Treasury (BTr) showed. The NG’s debt service bill soared by 65.3% to P93.704 billion in November from P56.674 billion in the same month a year ago. Month on month, […]
External debt service burden rises at end-Oct. - BusinessWorld Online
THE COUNTRY’S external debt service burden jumped by almost 20% as of end-October, preliminary data from the Bangko Sentral ng Pilipinas (BSP) showed. Debt servicing on external borrowings climbed by 19.8% to $14.475 billion in the January-October period from $12.078 billion in the same period in 2023. BSP data showed principal payments surged by 23.6% […]