The Philippine financial system’s growth slowed in the first semester “amid structural shifts,” the central bank reported on Wednesday, also noting that financial inclusion remained a challenge in terms of services.

Total resources of the country’s financial system reached P11.2 trillion as of end-June this year, the Bangko Sentral ng Pilipinas (BSP) said, up 9 percent from P10.28 trillion a year earlier.

Premium + Digital Edition

Ad-free access


P 80 per month
(billed annually at P 960)
  • Unlimited ad-free access to website articles
  • Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)

TRY FREE FOR 14 DAYS
See details
See details