• Bank resources grow 12.56% in April

    June 27, 2017

    The country’s banking system raised its total resources to P14.142 trillion as of end-April, 12.56 percent higher year-on-year from P12.563 trillion, according to data from the Bangko Sentral ng Pilipinas (BSP). Banks’ increasing capital and...

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  • Philippine financial system sustains growth momentum

    May 01, 2017

    The Philippine financial system sustained its growth momentum as it capped the year 2016 with a solid performance amid lingering uncertainties in the global financial markets, Bangko Sentral ng Pilipinas in a report said.   “The banking...

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  • Bank lending posts robust growth of 17.9%

    April 02, 2017

    Big banks’ outstanding loans reported a 17.9 percent year-on-year increase for the month of January, a faster pace of growth compared to December’s 17.3 percent, the Bangko Sentral ng Pilipinas (BSP) said yesterday. In peso value, bank...

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