October saw solid growth in lending activity, with loan volume increasing 5.86% and outstanding balances rising 2.29%, signaling continued momentum into Q4. Delinquency trends were mixed—Par 30 rose 2.03%, indicating early repayment pressure, while Par 60 dipped slightly by 0.05% and Par 90 edged up 0.09%, reflecting relatively stable performance in later-stage delinquencies. The collection rate improved by 1.18%, offering a positive shift after recent declines. Loan terms lengthened modestly, up 0.80%, while interest rates fell 1.07%, creating a more favorable borrowing environment but potentially tightening lender margins. As year-end approaches, maintaining strong collections while managing growing early-stage delinquency will remain core priorities.
A full breakdown of the calculations for these metrics is available here.
| Indicator | October MoM |
|---|---|
| Volume | 5.86% |
| Outstanding Balance | 2.29% |
| Par 30 | 2.03% |
| Par 60 | -0.05% |
| Par 90 | 0.09% |
| Collection Rate | 1.18% |
| Term | 0.80% |
| Interest | -1.07% |