The country’s banking system remained sound and resilient with its total resources having expanded by 10.4 percent in the third quarter of 2015, the Bangko Sentral ng Pilipinas (BSP) said.
The central bank, in latest Report on Economic and Financial Developments, said universal and commercial banks, thrift banks and rural banks held P11.87 trillion in resources during the quarter, up 10.4 percent from the P10.74 trillion seen in the comparable 2014 period.
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