Assets of the Philippine banking system continued to expand to P16.4 trillion by end-November 2018, attributed mainly to deposit growth. Most of these deposits were deployed to lending for productive activities. Loan quality remains satisfactory as banks continue to adhere to sound credit underwriting standards. Meanwhile, capitalization continues to build up, with capital ratios remaining well above national and international thresholds.
Organisational change at the Central Bank The Central Bank will make organisational changes to reflect the SSM operations and to align with what you will experience in terms of interaction and communications.