TOTAL ASSETS NG PH BANKING SECTOR TUMAAS (P25.62-T hanggang noong Mayo)

TUMAAS ng 12.4 percent ang kabuuang assets ng Philippine banking sector hanggang noong katapusan ng Mayo ng kasalukuyang taon, ayon sa Bangko Sentral ng Pilipinas (BSP).

Sa datos na inilabas ng BSP nitong Huwebes ay lumitaw na ang kabuuang assets ng mga bangko ay nagkakahalaga ng P25.62 trillion, tumaas mula sa P22.78 trillion noong nakaraang taon.

Mas mataas din ito sa P25.48 trillion total assets na naitala noong Abril.

“This is again more than twice faster than GDP (gross domestic product) growth, largely attributed to the sustained double-digit growth in the net income of banks, considered among the most profitable industries in the country,” wika ni Rizal Commercial Banking Corporation chief economist Michael Ricafort.

“This is also similar, but faster than loans growth at nearly +10% year-on-year in recent months as well as the continued growth in bank deposits that help the booking of more loans as the economy recovers further with no more Covid-related restrictions since the Covid state of public health emergency was finally lifted since July 22, 2023,” dagdag pa niya.

Sinabi ni Ricafort na susuportahan nito ang pagbangon ng ilang negosyo na pinadapa ng pandemya tulad ng turismo at iba pang related-allied industries.

“Possible cut in Fed rates and local policy rates for the coming months and years would further boost trading gains and other investment income of banks,” aniya.

Ulat mula sa PNA