Story perspectives

Philippine Banks Face Weak Growth Amid Economic Slowdown

12/16/2025

Summary

Story summary

The Philippines' largest banks posted the weakest asset growth in over three years in the third quarter of 2025, up 7.42% to P27.91 trillion.
The slowdown followed an investigation into flood control projects that weighed on consumer and investor confidence.
BDO Unibank led in assets and loans.
Nonperforming loans rose to 3.49%, the highest in six quarters.
The economy grew 4.5%, the slowest in four years, due to reduced government spending and household expenditure.

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Story summary

The Philippines' largest banks posted the weakest asset growth in over three years in the third quarter of 2025, up 7.42% to P27.91 trillion.
The slowdown followed an investigation into flood control projects that weighed on consumer and investor confidence.
BDO Unibank led in assets and loans.
Nonperforming loans rose to 3.49%, the highest in six quarters.
The economy grew 4.5%, the slowest in four years, due to reduced government spending and household expenditure.