Risk profile of the Philippine banking system As of end-June 2006, total on-balance sheet assets of the banking industry amounted to P4.5 trillion, of which about 89 percent are accounted for by the dominant commercial banking segment. Additionally, off-balance sheet notional accounts – consisting of derivatives, trust and trade-related contingent exposures – amounted to P2.3 trillion.
The book, 1/3  BIS central bankers' speeches  therefore, very forcefully called on public authorities to introduce digital money as soon as technologically possible.