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Key financial indicators of top banks up in 2014

Discussion in 'Banking - Investing - Finances' started by Rye83, Mar 22, 2015.

  1. Rye83

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    THE Philippine commercial-banking sector’s key financial indicators have posted positive growth in 2014 compared to the prior year, with the top 5 banks accounting 60 percent of the P10.8-trillion total assets.

    Key indicators, such as assets, net and gross loans, deposits, investment securities and equity, posted growth last year for the commercial-banking industry vis-à-vis 2013.

    BDO Unibank said based on the consolidated published statements of conditions, the total assets of commercial-banking system as of December 2014 reached P10.8 trillion, up 12.42 percent from P9.65 trillion in 2013.

    The top banks are BDO Unibank Inc., Metropolitan Bank and Trust Co. (Metrobank), Bank of the Philippine Islands (BPI), Land Bank of the Philippines and Philippine National Bank (PNB).

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