Philippines' Financial Powerhouse Hits Record P38.3 Trillion Amidst Global Headwinds
The Philippines' financial system has hit an all-time high, with its total funds and assets soaring past the P38-trillion mark to reach P38.3 trillion (approximately $650 billion USD) as of June 2026. This impressive growth, a nearly 9% jump year-on-year, signals strong resilience in the country's financial sector, driven mainly by banks expanding loans and attracting more deposits, even with the ongoing challenges from the Middle East conflict.









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