• Big banks’ net profit up 9% as of Sept.

    November 18, 2018

    Big banks reported combined net profits of P116.07 billion as of end-September, up 9.23 percent from same time last year of P106.26 billion with increased loans to corporations and continued financial health overall. Based on Bangko Sentral ng...

    Read more
  • 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...

    Read more
  • 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...

    Read more