TOTAL resources held by the Philippine financial system increased 6.54 percent in September 2025, according to the Bangko Sentral ng Pilipinas (BSP).
BSP data showed that total resources of the financial system, excluding the Central Bank, reached P35.581 trillion in September 2025, or P2.185 trillion more than the P33.396 trillion posted during the same month last year.
About 83.16 percent of the total resources are in Philippine banks, worth P29.591 trillion. This grew by 7.34 percent year-on-year from P27.567 trillion.
Among banks, universal and commercial banks (UKBs) held the highest share of the resources, amounting to P27.612 trillion, and accounted for 93.31 percent of the total resources of all Philippine banks.
UKBs’ total resources went up by 6.95 percent from P25.816 trillion a year earlier.
Meanwhile, thrift banks accounted for 4.74 percent of all resources in Philippine banks, at P1.404 trillion. This jumped by 23.05 percent from the P1.141 trillion recorded in the same period last year.
This was followed by rural and cooperative banks (RCBs), which accounted for 1.43 percent of the total resources of Philippine banks.
The resources of RCBs, however, declined by 14.73 percent from the P498.3-billion level of resources these banks had in September 2024.
Meanwhile, digital banks (DGBs) also contributed to the total financial resources of Philippine banks, amounting to P149.7 billion or 0.50 percent of total resources.
The total resources of DGBs were the fastest growing among banks and non-banks that are part of the Philippine financial system.
The total resources of DGBs increased by 33.89 percent from the P111.8 billion it posted a year ago.
Meanwhile, resources lodged in non-banks amounted to P5.990 trillion in September 2025. This was a 2.77-percent year-on-year increase from P5.828 trillion.
Non-bank institutions include BSP-supervised investment houses, financing companies, investment companies, securities dealers/brokers, pawnshops, lending investors and non-stock savings and loan associations.
Credit card companies, government non-bank financial institutions, such as the Philippine Guarantee Corporation and Small Business Corporation, and authorized agent banks forex corporations are also considered as non-bank institutions.
According to the BSP, these institutions include the Social Security System, Government Service Insurance System and private insurance companies, where assets are reported net of allowance for probable losses and depreciation.