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What is Structure of the Philippine Financial System about?

The Philippine financial system consists of banking and non-banking institutions that are overseen by the Bangko Sentral ng Pilipinas central bank. Banking institutions include private commercial banks, thrift banks, rural banks, and government banks. Non-banking institutions include insurance companies, pension funds, stock brokers, and credit cooperatives. In 2018, the total assets of Philippine lenders expanded as the financial system continued growing.

Author

Ana Ramos

Language

EN