1 Refers to gross domestic product in real terms 2 Compared to Indonesia’s 5.0 percent, Malaysia’s 4.3 percent (Q3’16), Thailand’s 3.2 percent (Q3’16), and  Singapore’s 1.1 percent (Q3’16) (Source: Central Bank websites, Bloomberg, CEIC Data Limited, and International Financial Statistics) 3 As of end-February 2017, gross international reserves (GIR) reached USD81.1 billion.
This is sufficient to cover  9.2 months worth of imports (Source: Bangko Sentral ng Pilipinas). 4 Source: www.bsp.gov.ph/statistics/statbskrtb.asp 5 As of end-September 2016, the capital adequacy ratio (CAR) of subsidiary TBs registered at 15.9 percent on  solo basis. On the other hand, the CAR of stand-alone TBs recorded at 19.7 percent as of end-June 2016.