Total resources of the Philippine financial system rose 7.29 percent year-on-year to P36.33 trillion in January 2026 amid a steady expansion in the banking sector, preliminary data from the Bangko Sentral ng Pilipinas showed.
The total figure grew from P33.86 trillion in the same month a year ago. The growth was largely supported by local banks, which saw their resources increase 7.72 percent to P30.10 trillion during the period.
Among the banking subsectors, universal and commercial banks reported a 6.75 percent rise in resources to P27.90 trillion.
Digital banks recorded the fastest growth rate at 39.76 percent to P174.7 billion, while thrift banks grew 26.3 percent to P1.46 trillion. Rural and cooperative banks posted a 7.19 percent increase to P565 billion.
Non-bank financial institutions maintained a total resource balance of P6.23 trillion as of end-September 2025. This reflected a 5.25 percent increase from the P5.92 trillion recorded in the previous year.
