The Central Bank of the Philippines published updated Other Financial Corporations Survey (OFCS) data showing that other financial corporations’ (OFCs) domestic claims increased by 0.1% quarter on quarter and 16.7% year on year to PHP 10.7 trillion in Q2 2025. Over the same period, OFCs’ liabilities rose to PHP 11.4 trillion and net foreign assets increased to PHP 0.7 trillion. The quarter-on-quarter increase in domestic claims reflected larger investments in equity shares issued by other nonfinancial corporations, higher holdings of government securities, and an increase in loans to households, partly offset by lower holdings of bank-issued debt securities. Liability growth was driven mainly by higher issued shares of stocks and increased insurance technical reserves, while the rise in net foreign assets was attributed to higher claims on nonresidents; the OFCS is positioned as an analytical tool supporting the central bank’s monetary and financial stability mandates and covers non-money market investment funds, other financial intermediaries, financial auxiliaries, captive financial institutions and money lenders, insurance corporations, and pension funds.
Central Bank of the Philippines 2025-10-30
Central Bank of the Philippines reports other financial corporations’ domestic claims at PHP 10.7 trillion in Q2 2025
The Central Bank of the Philippines released updated Other Financial Corporations Survey data, revealing a 0.1% quarterly and 16.7% annual increase in domestic claims to PHP 10.7 trillion in Q2 2025. Liabilities rose to PHP 11.4 trillion, and net foreign assets increased to PHP 0.7 trillion. The data highlights shifts in investments, securities holdings, and loans, serving as a tool for the central bank's monetary and financial stability mandate.