The number of bank branches operating in the Philippines expanded in the second quarter of the year, latest data from the Bangko Sentral ng Pilipinas (BSP) said.

According to BSP data, the total number of bank’s branches reached 9,543 as of end-June this year. This is higher by 66 offices compared to previous quarter’s 9,477. It was also 366 more than the 9,207 recorded in the same period last year.

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