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PHL big banks post slower growth in assets, loans in 2nd quarter

14 September 2025
in Business
Reading Time: 4 mins read
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PHL big banks post slower growth in assets, loans in 2nd quarter
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By Abigail Marie P. Yraola, Deputy Research Head

THE GROWTH in combined assets and loans of the country’s biggest lenders eased as of end-June, dragged by weaker economic output in the second quarter despite cheaper borrowing costs and slower inflation.

The latest edition of BusinessWorld’s quarterly banking report showed that the aggregate assets of 44 universal and commercial banks grew by 9.05% year on year to P27.37 trillion in the second quarter from P25.09 trillion a year earlier.

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