The Central Bank of the Philippines released preliminary results from its Other Financial Corporations Survey showing other financial corporations (OFCs) held PHP 10.6 trillion in domestic assets at end-Q1 2025, up 4.9% from the previous quarter and 14.6% year on year. Sector liabilities reached PHP 11.2 trillion, increasing 6.2% quarter on quarter and 16.2% year on year. Asset holdings included PHP 3.1 trillion in claims on depository corporations (mostly deposits with banks), PHP 2.7 trillion in claims on central government (mainly government securities), and PHP 4.8 trillion in claims on other sectors (primarily equity in nonfinancial corporations and loans to households). Claims on nonresidents totalled PHP 0.8 trillion while obligations to foreign creditors and investors were PHP 0.2 trillion, leaving net foreign assets of PHP 0.6 trillion, up 34.1% quarter on quarter and 52.8% year on year.
Central Bank of the Philippines 2025-07-31
Central Bank of the Philippines reports other financial corporations domestic assets of PHP 10.6 trillion and liabilities of PHP 11.2 trillion in Q1 2025
The Central Bank of the Philippines reported that other financial corporations held PHP 10.6 trillion in domestic assets at the end of Q1 2025, marking a 4.9% quarterly and 14.6% annual increase. Sector liabilities rose to PHP 11.2 trillion, up 6.2% quarter on quarter and 16.2% year on year. Net foreign assets increased by 34.1% from the previous quarter to PHP 0.6 trillion.