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Banking sector resources up by 8%

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The resources of the country’s banking sector grew further in October as the expanding economy helped boost the profitability of industry members and deposits from the public.

Posted: January 18th, 2013 in Latest Business Stories | Read More »

Banks’ resources reach P7.86T, says BSP

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Resources of the country’s banking sector continued to grow in the third quarter of 2012, boosted by rising deposits from the public and sustained profit generation.

Posted: January 2nd, 2013 in Editor's Pick,Headlines | Read More »

Bank resources rose to P7.72T in end-July

The country’s banking sector continued to enjoy growing resources in July, substantiating claims of regulators that it remains healthy and capable of supporting a faster expansion of the economy through increased lending.

Posted: September 19th, 2012 in Headlines | Read More »

Bank resources up 5% to P7.7T in H1

Resources of the banking sector grew further to hit a new high in the first semester.

Posted: August 22nd, 2012 in Headlines | Read More »

Bank resources hit new record high in May

Resources of the Philippine banking sector grew further to hit a new record high in May as the growing economy boosted deposits, profits and capital levels of banks.

Posted: July 30th, 2012 in Headlines | Read More »

Bank resources up 4.8% in Q1

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Resources of the banking sector grew in the first quarter, boosting its ability to extend more loans to support more investments and increased consumption in the months ahead.

Posted: July 16th, 2012 in Headlines | Read More »

PH banks’ resources rose 6.8% in February

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Banks’ resources rose 6.8 percent in February to P7.54 trillion—up from the P7.06 trillion reported in the same month last year, the Bangko Sentral ng Pilipinas said.

Posted: May 15th, 2012 in Editor's Pick,Headlines | Read More »

Banks’ resources still on the rise

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Resources of the country’s banking sector grew further in January, yet again signaling faster growth of the economy this year, monetary officials said.

Posted: April 23rd, 2012 in Editor's Pick,Headlines | Read More »

Bank resources rose in ’11

The combined resources of the country’s banking sector rose in 2011 from the previous year, making monetary officials confident that banks will be able to support government efforts to accelerate economic growth this year following last year’s slowdown.

Posted: March 19th, 2012 in Latest Business Stories | Read More »

Banking industry resources up by 6% to P7.5T

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The banking sector’s resources rose further in November which, according to regulators, showed that banks in the country would be able to support faster economic growth this year.

Posted: February 22nd, 2012 in Headlines | Read More »

Banking sector posted 9.6% rise in assets in September

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The Philippine banking system has reported a 9.6-percent increase in total resources as of September 2011 from year-ago level. A report of the Bangko Sentral ng Pilipinas showed that the banks’ total assets reached P7.4 trillion as of end September.

Posted: January 9th, 2012 in Headlines | Read More »

Banks sustain double-digit rise in resources

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Resources of the country’s banking sector sustained a double-digit pace of growth in the first seven months of the year as rising income levels allowed individuals and enterprises to save more. According to the Bangko Sentral ng Pilipinas (BSP), combined resources of banks in the country amounted to P7.18 trillion as of end-July, up by [...]

Posted: October 26th, 2011 in Headlines | Read More »

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