PHILIPPINES BUSINESS BRIEFS: Security Bk NPL Ratio 3.54%

PHILIPPINES BUSINESS BRIEFS: Security Bk NPL Ratio 3.54%
DJ PHILIPPINES BUSINESS BRIEFS: Security Bk NPL Ratio 3.54% MANILA (Dow Jones)--Security Bank Corp.'s (SECB.PH) said non-performing loans totaled PHP1.84 billion as of March 31, accounting for 3.54% of the midsized Philippine commercial bank's total loan portfolio, down from 6.12% as of Dec. 29. Banco de Oro Universal Bank (BDO.PH) said its nonperforming loans as of March 31 stood at PHP4.67

Oregon ups income for home loans
The state mortgages, which are sold through local banks and savings and loans, are currently carrying a 5.4 percent fixed interest rate on 30-year mortgages.

PHILIPPINES BUSINESS BRIEFS: China Bk Mar NPL Ratio 7.94%
DJ PHILIPPINES BUSINESS BRIEFS: China Bk Mar NPL Ratio 7.94% MANILA (Dow Jones)--China Banking Corp.'s (CHIB.PH) nonperforming loans as of March 31 totaled PHP7.34 billion, or 7.94%, of its total loan portfolio. As of Dec. 29, the bank's bad loans amounted to PHP6.87 billion, or 7.51% of its total loans. China Bank is the 10th-largest commercial bank in the Philippines in assets. -By Manila

State agency offers loans for small businesses
Front Porch, a state-funded agency, offers loans for small businesses of up to $7,500. Details regarding the loan and other services available at the Central Economic Development Center were discussed during a free workshop tonight.

BSP approves DOF, LandBank loans
The Monetary Board has approved two new loans of the Land Bank of the Philippines and the Department of Finance for relending to eligible government units.