According to a survey on consumer expectations in the fourth quarter of 2022, banks were the most popular savings institution in the Philippines, with 76.8 percent saying that they have a savings account in this type of institution. Meanwhile, about 64 percent of respondents stated that they kept their savings at home instead of depositing it in a bank.
Share of households with savings in the Philippines during 4th quarter 2022, by type of saving institution
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Statistics on Banking industry in the Philippines
Overview
5
- Premium Statistic GVA from banking institutions in the Philippines 2018-2021
- Premium Statistic Value of deposits in the Philippine banking system 2021, by region
- Premium Statistic Liabilities of the Philippine banking system 2013-2022
- Premium Statistic Number of banks Philippines 2018-2020, by type
- Premium Statistic Number of ATMs in the Philippines 2012-2021
Key indicators
6
- Premium Statistic Deposit interest rates in the Philippines 2010-2019
- Premium Statistic Real interest rates in the Philippines 2010-2019
- Premium Statistic Broad money as a share of GDP in the Philippines 2010-2020
- Premium Statistic Bank nonperforming loans to total gross loans ratio Philippines 2012-2021
- Premium Statistic Bank liquid reserves to bank assets ratio Philippines 2011-2020
- Premium Statistic Bank capital to assets ratio Philippines 2011-2020
Universal banks
5
- Premium Statistic Value of deposits universal and commercial banks Philippines 2013-2022
- Premium Statistic Gross loans granted by universal and commercial banks Philippines 2013-2022
- Premium Statistic Loans granted by universal and commercial banks Philippines 2023, by loan type
- Premium Statistic ROA of universal and commercial banks Philippines 2013-2022
- Premium Statistic Operating income universal and commercial banks Philippines 2019-2022
Rural and cooperative banks
5
- Premium Statistic Value of deposits rural and cooperative banks Philippines 2013-2022
- Premium Statistic Value of gross loans granted by rural and cooperative banks Philippines 2013-2022
- Premium Statistic Loan value for household consumption rural banks Philippines 2022, by type
- Premium Statistic Return on assets rural and cooperative banks Philippines 2013-2022
- Premium Statistic Operating income of rural and cooperative banks Philippines 2013-2022
Thrift banks
5
- Premium Statistic Value of deposits in thrift banks Philippines 2013-2022
- Premium Statistic Value of gross loans granted by thrift banks Philippines 2014-2022
- Premium Statistic Household consumption loans granted by thrift banks Philippines 2023, by type
- Premium Statistic Return on assets thrift banks Philippines 2013-2022
- Premium Statistic Operating income of thrift banks Philippines 2019-2022
Online banking and e-money
5
- Premium Statistic Penetration rate of online banking in the Philippines 2013-2028
- Premium Statistic Share of electronic money transactions Philippines 2020
- Premium Statistic Volume of electronic money transactions Philippines 2019-2020
- Premium Statistic Value of electronic money transactions Philippines 2017-2020
- Premium Statistic Leading mobile wallet apps market share Philippines 2020
Leading banks
6
- Premium Statistic Largest universal banks Philippines Q4 2021, by assets
- Premium Statistic Largest universal banks Philippines Q4 2021, by deposits
- Premium Statistic Leading universal banks Philippines Q4 2021, by number of branches
- Premium Statistic Leading universal and commercial banks Philippines 2022, by stockholder's equity
- Premium Statistic Leading thrift banks Philippines 2022, by total assets
- Premium Statistic Leading rural and cooperative banks Philippines 2022, by total assets
Financial inclusion
6
- Premium Statistic Adults with account in a financial institution Philippines 2020-2022
- Premium Statistic Formal account ownership rate Philippines 2021, by account type
- Premium Statistic Most popular saving institutions among households Philippines Q4 2022
- Premium Statistic Formal account ownership rate Philippines 2021, by age
- Premium Statistic Formal account ownership rate Philippines 2021, by gender
- Premium Statistic Share of banking or insurance app users Philippines 2022
Further related statistics
12
- Reasons for choosing private funds in Sweden 2018, by age group
- Important factors when choosing private funds in Sweden 2018, by age group
- Private fund savings among Swedes 2010-2018, by gender
- Reasons for choosing private funds in Sweden 2018, by gender
- Savings among the population in Sweden 2018, by gender and by type
- Savings among the population in Sweden 2018, by age group and by type
- Important factors when choosing private funds in Sweden 2018, by gender
- Opinions about long-term savings among population in Sweden 2018, by age group
- French people's opinion on the best savings products 2017
- Personal saving habits in the Netherlands in 2019, by method
- Personal savings strategy used in the Netherlands 2019
- Average monthly savings in the Netherlands 2019
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- Private fund savings among Swedes 2010-2018, by gender
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- Personal saving habits in the Netherlands in 2019, by method
- Personal savings strategy used in the Netherlands 2019
- Average monthly savings in the Netherlands 2019
BSP. (December 15, 2022). Share of households with savings in the Philippines during 4th quarter 2022, by type of saving institution [Graph]. In Statista. Retrieved March 24, 2023, from https://www.statista.com/statistics/1266008/philippines-preferred-saving-institutions-among-households/
BSP. "Share of households with savings in the Philippines during 4th quarter 2022, by type of saving institution." Chart. December 15, 2022. Statista. Accessed March 24, 2023. https://www.statista.com/statistics/1266008/philippines-preferred-saving-institutions-among-households/
BSP. (2022). Share of households with savings in the Philippines during 4th quarter 2022, by type of saving institution. Statista. Statista Inc.. Accessed: March 24, 2023. https://www.statista.com/statistics/1266008/philippines-preferred-saving-institutions-among-households/
BSP. "Share of Households with Savings in The Philippines during 4th Quarter 2022, by Type of Saving Institution." Statista, Statista Inc., 15 Dec 2022, https://www.statista.com/statistics/1266008/philippines-preferred-saving-institutions-among-households/
BSP, Share of households with savings in the Philippines during 4th quarter 2022, by type of saving institution Statista, https://www.statista.com/statistics/1266008/philippines-preferred-saving-institutions-among-households/ (last visited March 24, 2023)
Share of households with savings in the Philippines during 4th quarter 2022, by type of saving institution [Graph], BSP, December 15, 2022. [Online]. Available: https://www.statista.com/statistics/1266008/philippines-preferred-saving-institutions-among-households/