PHL financial system’s resources rise to P31.79 trillion

Quick Summary:

THE total resources of the Philippine financial system rose to P31.787 trillion as of end-May 2024, according to the Bangko Sentral ng Pilipinas (BSP).

This was an increase of 3.34 percent or P172 billion from the P5.151 trillion posted in May 2023.

The resources of RCBs increased 13.37 percent or P54 billion from the P404 billion level of resources these banks had in May 2023.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Reine Juvierre S. Alberto

Category: BusinessStartups

Markets: Philippines

Topics: Total Financial Philippine Resources Billion 2024 Trillion System Banks Data Percent

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-16 @ 16:08:00 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 452 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 21654984

View Article Analysis

About Business Mirror

Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 76 posts per day

Year Established: 2005

Headquarters: Philippines

News Last Updated: 11 hours ago

Coverage Areas: Philippines

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #37

Publisher Details

Frequently Asked Questions