Philippine banks’ assets expand to P26.41 trillion




THE PHILIPPINE banking industry’s total assets rose by 9.8% year on year as of end-October, Bangko Sentral ng Pilipinas (BSP) data showed. Preliminary data showed banks’ combined assets increased to P26.41 trillion as of end-October from P24.04 trillion a year prior. Month on month, however, total assets inched down by 1.2% from P26.74 trillion as […]



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