The Philippine financial system remained sound and stable last year amid the challenging global financial landscape, the central bank said.

The Bangko Sentral ng Pilipinas (BSP), however, added that growth of the banking system cooled slightly from a year earlier in terms of profit, foreign currency deposits, and capital adequacy.

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