Philippines Banking Sector Report 2024-2025

The Philippine Banking System (PBS) continues to improve its asset quality and, more importantly, broaden access to banking and financial services to citizens. As universal and commercial banks forward the call for financial inclusion, the central bank spearheads reforms in the rural banking sector. The Strengthening Program for Rural Banks (SPRB), which began in 2009 with the help of the Philippine Deposit Insurance Corporation (PDIC), has resulted in the acquisitions of 219 rural banks in the country. Since 2019, 40 rural banks have been liquidated under the program. The reformation of the rural banking sector has resulted in more bank accounts, higher asset quality and more loans extended by the sector. In recent years, acquisitions of rural banks have had implications on fintech as more startups secure funding to purchase these banks to offer financial services.

This report provides a complete and detailed analysis of the "Banking" sector for Philippines. EMIS Insights presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.

What this report allows you to do:

• Understand the key elements at play in the "Banking" sector in Philippines
• Crystallise the forces both driving and restraining this sector in Philippines
• Ascertain Philippines’s position in the global sector
• Build a complete perspective on sector trade, investment and employment
• Understand the competitive landscape and who the major players are
• View M&A activity and major deals
• Gain an understanding of the regulatory environment for the sector in Philippines.
• Build a clear picture of trends, output and consumption for specific sub-sectors