April continued the trend of cautious lending, with loan volume down 7.53% even as outstanding balances edged up by 0.36%, suggesting selective portfolio growth. Delinquency metrics remained elevated—Par 30 rose by 0.54%, Par 60 by 0.61%, and Par 90 by 0.13%—pointing to sustained repayment pressures. On a positive note, the collection rate improved slightly, up 0.57%, offering some relief after recent declines. Loan terms shortened further, dropping 2.16%, while interest rates increased by 1.66%, potentially strengthening lender margins but posing additional cost considerations for borrowers. As Q2 progresses, lenders will need to stay nimble in balancing credit quality with growth targets.
A full breakdown of the calculations for these metrics is available here.
| Indicator | March MoM |
|---|---|
| Volume | -7.53% |
| Outstanding Balance | 0.36% |
| Par 30 | 0.54% |
| Par 60 | 0.61% |
| Par 90 | 0.13% |
| Collection Rate | 0.57% |
| Term | -2.16% |
| Interest | 1.66% |