Similarly, to assess firms' revenue projections for 2009 and 2010, the agencies examined the components of expected revenue in detail, compared the projections to historical results, and cross-checked the underlying assumptions with projections of portfolio growth, funding costs, and the like.
Another key milestone is the fundamentally sound and stable banking system. Key indicators show further strengthening of banks’ balance sheets with positive growth in assets, loans, deposits and capital. Alongside a growing economy, the total resources of the banking system continued to expand by 10.0 percent year-on-year to P16.7 trillion as of end-February 2019.