Philippine banks’ profits up 4.1% to $3.35b in H1 2025

Assets rose thanks to stable domestic deposits, and strong liquidity and buffers.

Philippine banks’ combined profits rose 4.1% year-on-year (YoY) to US$3.35b (PHP198.1b) for the period ending June 2025, according to central bank data, attributed to prudent risk management and sound credit governance.

Assets rose 7.7% YoY to $476.9b (PHP28.2t), said the Bangko Sentral ng Pilipinas (BSP) in a report released in November 2025. Loans and investments comprised the bulk of total assets.

This was reportedly thanks to stable domestic deposits and supported by strong liquidity and capital buffers. Asset quality remained satisfactory, the central bank said.

“The banking system’s solid performance underscores its strength in seizing opportunities, navigating emerging risks, driving innovation, and championing inclusive and sustainable growth,” said Eli Remolona, Jr., BSP governor.

The BSP will continue to pursue policies that will further strengthen the banking system, Remolona said.

(US$1 = PHP59.13; As of 7 November 2025, Morningstar via Google)