On a monthly basis, however, the banks’ total assets went down by 0.6 percent from P25.65 trillion as of end-March.
Banks’ resources include funds and assets such as deposits, capital, bonds and debt securities.
Assets of universal and commercial banks increased by 11.9 percent to P23.93 trillion from P21.38 trillion a year ago. Big banks accounted for 93.9 percent of the banking industry’s total assets as of end-April.
Resources of thrift banks grew by 9.2 percent to P1.03 trillion as of end-April from P947 billion in the comparable period last year. Midsized banks covered four percent of the overall banking resources.
Bu hikaye The Philippine Star dergisinin June 13, 2024 sayısından alınmıştır.
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Bu hikaye The Philippine Star dergisinin June 13, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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