Essayer OR - Gratuit
Banking system's strength to support economy
Business World Philippines
|December 26, 2025
THE PHILIPPINE banking sector's continued strength can provide a catalyst for economic activity, the Bangko Sentral ng Pilipinas (BSP) said.
This comes amid dismal growth prospects in the near term, as lingering governance concerns due to a corruption scandal involving state infrastructure projects have dragged both public and private investments.
Philippine banks' assets and deposits have seen sustained growth, showing the industry's resilience, the BSP said in a report. "The banking system remains strong to support economic activity."
The latest data showed that as of October, the Philippine banking system's combined assets grew by 7.13% year on year to P28.292 trillion amid stable loan growth and deposit inflows.
Banks' assets are mainly supported by loans, deposits, and investments.
Central bank data also showed that deposits went up by 6.96% year on year to P20.82 trillion as of October from P19.465 trillion.
Cette histoire est tirée de l'édition December 26, 2025 de Business World Philippines.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Business World Philippines
Business World Philippines
NGCP sees risks to grid stability from overdependence on intermittent RE
THE National Grid Corp. of the Philippines (NGCP) said excessive reliance on \"intermittent\" renewable power sources could result in power interruptions if not properly managed.
2 mins
January 08, 2026
Business World Philippines
Capitall Solar Spikers in full building mode, acquire 8 new players
THE Capitall Solar Spikers are in full rebuild mode.
1 min
January 08, 2026
Business World Philippines
Customs collection falls short of full-year target
THE BUREAU of Customs (BoC) on Wednesday said revenue collections rose to P934.4 billion in 2025 but missed its P958.7-billion fullyear target, amid a rice import ban and weak import volumes.
3 mins
January 08, 2026
Business World Philippines
NUSTAR Online launches Wish Upon a NUSTAR holiday wish-granting initiative
THIS HOLIDAY SEASON, NUSTAR Online is staying true to its commitment to uplift lives by launching Wish Upon a NUSTAR, a holiday initiative designed to listen to and fulfill the quiet wishes of Filipinos across the country.
1 min
January 08, 2026
Business World Philippines
A pause, not a full stop
In late 2025, amid growing concerns about corruption allegations against certain government agencies, the attention shifted to the Bureau of Internal Revenue (BIR), as several Senators expressed serious concerns regarding its use of Letters of Authority (LoAs) and Mission Orders (MOs).
4 mins
January 08, 2026
Business World Philippines
Global coconut oil, banana prices up in 2025
GLOBAL PRICES of coconut oil and bananas, which constitute a significant fraction of the Philippines' agricultural exports, increased in 2025, according to the World Bank.
2 mins
January 08, 2026
Business World Philippines
Health dep't to issue new rules for medical assistance program
THE Department of Health (DoH) expects to complete guidelines for the Medical Assistance to Indigent and Financially Incapacitated Patients (MAIFIP) program by late January or February, with the new rules to take effect immediately upon issuance, Health Secretary Teodoro J. Herbosa said on Wednesday.
1 min
January 08, 2026
Business World Philippines
SEC warns public vs unregistered platforms
THE SECURITIES and Exchange Commission (SEC) has issued advisories against HFM-HF Markets and Exness Global Ltd., warning investors that both platforms operate without the required license in the Philippines.
1 min
January 08, 2026
Business World Philippines
Soft inflation, weak economy leave room for further easing
THE BANGKO SENTRAL ng Pilipinas (BSP) still has space for further easing this year as inflation remains subdued and as weak investor sentiment due to a wide-ranging graft scandal could persist, leading to a prolonged economic fallout.
3 mins
January 08, 2026
Business World Philippines
Peso slides to fresh record low of P59.355 per dollar
THE PESO fell to a fresh record low against the dollar on Wednesday amid dovish signals from the Philippine central bank.
2 mins
January 08, 2026
Listen
Translate
Change font size