Philippines : Financial Sector Assessment Program-Technical Note on Risk Assessment of Banks, Non-Financial Corporates, and Macro-Financial Linkages.

The Philippines is a dynamic economy with a relatively smaller financial system than other Asian emerging market economies, dominated by banks. The total assets of the system amount to 126 percent of GDP. However, bank credit is just over 50 percent of GDP and mostly goes to nonfinancial corporates...

Täydet tiedot

Bibliografiset tiedot
Yhteisötekijä: International Monetary Fund. Monetary and Capital Markets Department
Aineistotyyppi: Aikakauslehti
Kieli:English
Julkaistu: Washington, D.C. : International Monetary Fund, 2022.
Sarja:IMF Staff Country Reports; Country Report ; No. 2022/155
Aiheet:
Linkit:Full text available on IMF
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245 1 0 |a Philippines :   |b Financial Sector Assessment Program-Technical Note on Risk Assessment of Banks, Non-Financial Corporates, and Macro-Financial Linkages. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2022. 
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490 1 |a IMF Staff Country Reports 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a The Philippines is a dynamic economy with a relatively smaller financial system than other Asian emerging market economies, dominated by banks. The total assets of the system amount to 126 percent of GDP. However, bank credit is just over 50 percent of GDP and mostly goes to nonfinancial corporates (NFCs). Banks are also tightly interlinked with NFCs through conglomerate ownerships. Access to finance for individuals is significantly lower than comparator systems, with only a third of adults having formal accounts. Non-bank financial institutions and capital markets-especially bond markets-are substantially less developed than banks. The Fintech ecosystem is nascent. 
538 |a Mode of access: Internet 
650 7 |a International Agreements and Observance  |2 imf 
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650 7 |a Monetary Policy  |2 imf 
651 7 |a Philippines  |2 imf 
830 0 |a IMF Staff Country Reports; Country Report ;  |v No. 2022/155 
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