Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 275

The Philippines Banking Market

Posted by fidest press agency su domenica, 26 maggio 2019

The “The Philippines Banking Market: 2019-2020 Outlook” report has been added to ResearchAndMarkets.com’s offering.This report provides a complete and detailed analysis of the banking sector for the Philippines. The researcher presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.
The Philippines banking sector remains in a nascent stage of development, and most Filipinos tend to engage in financial activities using less formal channels such as pawnshops. Nonetheless, the banking sector has been expanding its services to encompass a growing proportion of the population; loans and deposits have been growing at CAGRs of 16.4% and 11.4% respectively from 2013 to 2017.Throughout this period of stellar growth, the quality of loans in the banking sector has increased with NPL ratios decreasing across most loan categories from 2013 to 2017. Despite these favourable factors, banks have also been prudent in managing their capital, and liquidity and capital adequacy ratios generally exceed the regulatory minimums imposed by the central bank.

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