Liquidity conditions, while growing at a 3/6  BIS central bankers' speeches  moderate pace, remain sufficient to support economic growth requirements, with the latest ratio at 64.2 percent for Q1 2019. The continued soundness and stability of the Philippine banking system also lend strong support to economic growth. Philippine banks remain robust, well-funded, and adequately-capitalized.
As of end-March 2019, the Philippine banking system assets expanded by 11.0 percent year-onyear (YoY) to P17.0 trillion which approximates the size of the domestic economy. The expansion in the banking system’s assets was primarily due to increased lending activities. The observed robust asset growth was supported by expansion in bank branch network to 11,933 as of end-June 2019.