THE Philippine financial system’s resources totaled P37.64 trillion in the first five months of the year, up 9.9 percent from P34.22 trillion a year earlier, according to preliminary data from the Bangko Sentral ng Pilipinas (BSP).
The figure excludes the BSP’s own resources.
The five-month tally already exceeds full-year totals in recent years: P37.13 trillion in 2025; P34.17 trillion in 2024; P31.52 trillion in 2023; and P29.04 trillion in 2022.
Banks accounted for the bulk, with resources rising 10.9 percent to P31.3 trillion from P28.23 trillion in the same period last year.
These include universal and commercial banks — the largest full-service lenders — with P29.01 trillion, climbing 10.7 percent from P26.2 trillion.
Thrift banks followed with P1.5 trillion, increasing 10.95 percent from P1.3 trillion.
Digital banks posted the fastest growth, jumping 45.4 percent to P203.7 billion from P140.1 billion.
Rural and cooperative banks expanded 8.06 percent to P587 billion from P543.2 billion.
Non-bank financial institutions’ resources grew 5.8 percent to P6.35 trillion as of end-December 2025 from P5.99 trillion.
This sector covers investment houses, financing and investment companies, securities dealers and brokers, pawnshops, lending investors, non-stock savings and loan associations, credit card companies, foreign exchange units of authorized banks, and government entities such as the Philippine Guarantee Corp. and Small Business Corp.
