• 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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  • Bank resources up 12.36% in January

    March 14, 2017

    The banking sector’s total resources went up by 12.36 percent year-on-year in January to P13.84 trillion from P12.31 trillion, based on central bank data. The universal and commercial banks, which control more than 90 percent of industry assets...

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