THE PHILIPPINE banking industry’s total assets rose by 10.8% as of end-March, according to Bangko Sentral ng Pilipinas (BSP) data. Banks’ combined assets increased to P25.65 trillion as of end-March from P23.15 trillion in the same period a year ago, preliminary data from the central bank showed. Banks’ assets are mainly supported by deposits, loans, […]
THE PHILIPPINE banking industry’s total assets rose by 10.8% as of end-March, according to Bangko Sentral ng Pilipinas (BSP) data. Banks’ combined assets increased to P25.65 trillion as of end-March from P23.15 trillion in the same period a year ago, preliminary data from the central bank showed. Banks’ assets are mainly supported by deposits, loans, […]