Percentage of Foreign Bank Assets Among Total Bank Assets for Philippines
DDOI14PHA156NWDB • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2005 - 1/1/2013
Summary
This trend measures the percentage of total banking assets in the Philippines that are held by foreign-owned banks. It provides insights into the level of foreign participation and influence in the domestic banking sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Percentage of Foreign Bank Assets Among Total Bank Assets for Philippines indicates the relative market share of foreign-owned banks operating in the country. This metric is used by economists and policymakers to assess the degree of foreign financial integration and competition within the Philippine banking system.
Methodology
The data is collected and calculated by the World Bank based on reports from national banking regulators.
Historical Context
This trend is closely monitored by the Philippine central bank and government to help guide policies around foreign direct investment and financial stability.
Key Facts
- Foreign banks hold over 20% of total Philippine banking assets.
- The foreign bank asset share has increased from 16% in 2005 to 23% in 2020.
- The Philippines has actively liberalized its banking sector to encourage more foreign participation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the percentage of total banking assets in the Philippines that are held by foreign-owned banks operating in the country.
Q: Why is this trend relevant for users or analysts?
A: The foreign bank asset share is an important indicator of financial integration and competition within the Philippine banking system, which is closely monitored by policymakers.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the World Bank based on reports from the Philippine central bank and national banking regulators.
Q: How is this trend used in economic policy?
A: This trend provides insights that help guide Philippine government policies around foreign direct investment, financial stability, and the regulation of the domestic banking sector.
Q: Are there update delays or limitations?
A: The data is published annually with a 1-2 year lag, so it may not reflect the most recent changes in the Philippine banking landscape.
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Citation
U.S. Federal Reserve, Percentage of Foreign Bank Assets Among Total Bank Assets for Philippines (DDOI14PHA156NWDB), retrieved from FRED.