The Central Bank of the Philippines published its Report on the Philippine Financial System for the first semester of 2025, highlighting continued growth momentum and overall soundness in the banking sector. Total banking assets rose 7.7% year on year to PHP 28.2 trillion as of June 2025, while profit increased 4.1% year on year to PHP 198.1 billion for the period ending June 2025. Asset growth was supported by stable domestic deposits and underpinned by strong liquidity and capital buffers. Asset quality was described as satisfactory, with loans and investments comprising the bulk of total assets, and the report also noted satisfactory performance and robust growth of foreign currency deposit units and trust entities. In addition to system performance metrics, the report featured articles on strategic initiatives in the credit information system, improvements in the anti-money laundering and counterterrorism financing regime, a more inclusive and digitalised retirement savings account, and the establishment of a Financial Cyber Resilience Governing Council, with the central bank indicating it will continue pursuing policies aimed at further strengthening the banking system.
Central Bank of the Philippines 2025-11-07
Central Bank of the Philippines reports Philippine banking assets up 7.7% to PHP 28.2 trillion and profit up 4.1% in H1 2025
The Central Bank of the Philippines reported growth in the banking sector for the first half of 2025, with total assets rising 7.7% year on year to PHP 28.2 trillion and profits increasing 4.1% to PHP 198.1 billion. The report highlighted stable domestic deposits, strong liquidity, and capital buffers, alongside satisfactory asset quality. It also covered strategic initiatives in credit information, anti-money laundering, digital retirement savings, and financial cyber resilience.