I was reading news with regards to our economy. And this is a frightening one.
Issue
Bad loans held by the Philippines’ largest banks rose slightly in September to 4.04 percent from a month earlier as lending activity slowed, the central bank said Tuesday.
The non-performing loans (NPL) ratio of universal and commercial banks was up 0.14 percent from the previous month’s 3.90 percent ratio but was 1.15 percent below the level of 12 months ago, a central bank statement said.
Non-performing loans rose 2.54 percent from the previous month to 94 billion pesos (1.9 billion dollars) while their total loan portfolio fell 0.96 percent to 2.33 trillion pesos owing to lower interbank loans (IBL) and reverse repurchase transactions, it added.
Universal and commercial banks are licensed by the Philippine central bank to engage in related financial services including insurance and investment banking.
Analysis
This is bad news for us. Before, I was under the Marketing Department of Bank of the Philippine Islands and based on my experience this will affect the interest rates offered by banks. How? Because of bad loans, banks are forced to increase the interest rates to shoulder these losses.
In the part of consumers, this will be a burden. This means that you will need to pay a higher monthly amortization for your loan.
In the part of the bank employees, it will be difficult to reach target sales/ quota since higher interest means fewer clients.
In any case, this is a lose-lose situation.
I was looking about SEO stuffs then suddenly I got into a website, saying that you earn money as long you use their search engine. At first, I thought it was another baloney, but there’s no risk of trying since it’s ABSOLUTELY FREE. Here is the link:
It’s no different from using Yahoo search engine since they also use Yahoo! But, by using this as your homepage and use to search, you earn money. I just started using this yesterday just to test whether it works. I just worked on it around 15-30 minutes then the next day, I already earned some UK mullahs. By the way, they can pay via paypal or send checks.
All right, I have started developing my other website www.MoneyTalks.i.ph . After several contemplations on how I am going to promote this website, I thought of using a theme that will cater global needs.
As you noticed, I moved my other articles to my other account. The reason behind this is that my theme is having a quick review of the hottest girls in the world or news about beauty contests. As of now I have three featured babes in my website www.moneytalks.i.ph.
I hope more and more people visit my other site..
file was moved to another website featuring other sexy models. please click the website URL : www.moneytalks.i.ph
Before, I dream to be a Marketing Strategist since I have background in different fields of Business and Marketing. Yet, I was never exposed to the world of Internet Marketing.
It is official. I am joining the BUSBY SEO World Cup 2 where I will incorporate all the things I have learned. Anyway, this is a good experience for since I just started learning SEO last month.Though I do not consider myself as a professional yet, I do believe that by actually applying your knowledge is the best way to extract your creative juices.
I am really not after the prize. Prizes only adds spice to make the competition tighter, making it more interesting. What I am really after is the experience of actually practicing SEO techniques by optimizing the phrase BUSBY SEO TEST.
I really like challenges. Challenges complete me.