Table 22
Total Resources of the Philippine Financial System 1
in billion Philippine pesos; as of periods indicated
	Institutions					2022		2023 p		2024 p,r		February
												2024	p	2025	p
	T o t a l					29,043.0		31,517.9		34,084.5		31,332.9		33,610.8
		Banks				23,806.7		25,957.3		28,256.0		25,772.3		27,782.3
				Universal and Commercial Banks (U/KBs) 2		22,376.4		24,315.6		26,437.6		24,140.9		25,962.6
				Thrift Banks (TBs) 2		1,027.7		1,104.0		1,169.7		1,089.7		1,165.7
				Digital Banks (DGBs) 2,3		…		91.2		121.5		95.3		126.8
				Rural and Cooperative Banks (RCBs) 2		402.7		446.5		527.1		446.5		527.1
		Non-bank Financial Institutions (NBFIs) 4				5,236.3		5,560.6		5,828.6	a	5,560.6		5,828.6	a
	1	Exclude the Bangko Sentral ng Pilipinas (BSP)
	2	Universal and Commercial Banks, TBs, DGBs, and RCBs data are based on the Financial Reporting Package (FRP); assets are reported gross of allowance
		for probable losses and depreciation.
	3	Cover consolidated data starting March 2023 onwards
	4	Include BSP-supervised investment houses, financing companies, investment companies, securities dealers/brokers, pawnshops, lending investors,
		non-stock savings and loan associations (NSSLAs), credit card companies, government non-bank financial institutions (i.e., Philippine Guarantee Corporation
		and Small Business Corporation), and authorized agent banks (AAB) forex corporations, wherein assets are reported gross of allowance for probable losses
		and net of depreciation. Data on NBFIs are based on Consolidated Statement of Condition (CSOC), except for NSSLAs which is based on FRP.
		Non-bank financial institutions also include Social Security System (SSS), Government Service Insurance System (GSIS), and private insurance companies
		(i.e., life insurance companies, non-life insurance companies, and professional reinsurers), wherein assets are reported net of allowance
		for probable losses and depreciation.
	Details may not add up to total due to rounding.
	p	preliminary
	r	revised
	a	as of end-September 2024
	...	blank
	Sources:  Bangko Sentral ng Pilipinas; Insurance Commission; Government Service Insurance System; Social Security System