The Bangko Sentral ng Pilipinas (BSP) said the country’s banking sector remained strong and stable in the first half of 2025, backed by steady asset growth and solid profits.
In its Report on the Philippine Financial System for the First Semester of 2025, the BSP said total bank assets rose 7.7 percent year-on-year to ₱28.2 trillion in June, driven by stable domestic deposits and supported by strong liquidity and capital buffers. Asset quality stayed satisfactory, with loans and investments making up most of the total.
Profits reached ₱198.1 billion, up 4.1 percent from the previous year, reflecting prudent risk management and sound credit practices.
BSP Governor Eli M. Remolona, Jr. said the sector’s performance “underscores its strength in seizing opportunities, navigating emerging risks, driving innovation, and promoting inclusive and sustainable growth.” He added that the BSP will continue policies to strengthen banks’ role in supporting economic activity and addressing Filipinos’ evolving financial needs.
The report also highlighted steady growth in foreign currency deposit units and trust entities, as well as ongoing initiatives to improve credit information systems, anti-money laundering efforts, digitalized retirement savings, and financial cyber resilience.
These efforts, the BSP said, demonstrate close coordination with financial institutions and regulators to reinforce the banking system’s resilience and its vital role in the economy.
