• Deposits hit P12 trillion in first semester of 2018

    October 29, 2018

    DEPOSITS in the country grew to double digits in the first half of 2018, compared to its level last year, driving the expansion in the banking industry’s assets for the period.  Data from the Bangko Sentral ng Pilipinas (BSP) showed deposits...

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  • Banking system sound, boosts domestic economy

    October 28, 2018

    With the country’s macroeconomic fundamentals remaining strong, the Philippine banking system had shown sustained growth in the first semester of this year, the Bangko Sentral ng Pilipinas (BSP) said in its enhanced report of the Philippine...

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  • Growing prime-age population to boost PHL banks

    September 19, 2018

    THE PHILIPPINE banking system will likely benefit from fast-growing prime-age populations, Moody’s Investors Service said, flagging concerns on proximity to lenders as a key hurdle to penetration. In a report on Tuesday, the global debt watcher...

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