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Banking sector resources up by 8%

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AFP file photo

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 »

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