According to a survey on financial inclusion in the Philippines in 2021, around 56 percent of the total population in the Philippines currently have an account held in formal institutions such as banks, e-money issuers, cooperatives, and microfinance institutions. Across the different types of account owned, most Filipinos had an e-money account.
Share of Filipinos with a formal account from a financial provider in 2021
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BSP. (August 22, 2022). Share of Filipinos with a formal account from a financial provider in 2021 [Graph]. In Statista. Retrieved April 24, 2024, from https://www.statista.com/statistics/1167509/philippines-share-of-adults-with-bank-account-ownership/
BSP. "Share of Filipinos with a formal account from a financial provider in 2021." Chart. August 22, 2022. Statista. Accessed April 24, 2024. https://www.statista.com/statistics/1167509/philippines-share-of-adults-with-bank-account-ownership/
BSP. (2022). Share of Filipinos with a formal account from a financial provider in 2021. Statista. Statista Inc.. Accessed: April 24, 2024. https://www.statista.com/statistics/1167509/philippines-share-of-adults-with-bank-account-ownership/
BSP. "Share of Filipinos with a Formal Account from a Financial Provider in 2021." Statista, Statista Inc., 22 Aug 2022, https://www.statista.com/statistics/1167509/philippines-share-of-adults-with-bank-account-ownership/
BSP, Share of Filipinos with a formal account from a financial provider in 2021 Statista, https://www.statista.com/statistics/1167509/philippines-share-of-adults-with-bank-account-ownership/ (last visited April 24, 2024)
Share of Filipinos with a formal account from a financial provider in 2021 [Graph], BSP, August 22, 2022. [Online]. Available: https://www.statista.com/statistics/1167509/philippines-share-of-adults-with-bank-account-ownership/