Thrift From B1

Total capital stood at P174 billion, a 10.7-percent increase from the previous year, while the capital adequacy ratio of 17.9 percent of thrift banks remained well above the regulatory minimum of 10 percent.

- — Keisha Ta-asan

According to Perreras, the industry's total asset base is projected to grow around P900 billion this year, with lending expansion expected in small and medium enterpri