Bank Equity fell 0.722% to PHP 1,131 bil in Philippines in fourth quarter of 2016

Bank equity reached 1,131 PHP bil in fourth quarter of 2016 in Philippines, according to the National Central Bank. This is 0.722 % less than in the previous quarter.

Historically, bank equity in Philippines reached an all time high of 1,139 PHP bil in third quarter of 2016 and an all time low of 415 PHP bil in first quarter of 2009. When compared to Philippines's main peers, bank equity in China amounted to 4,695 CNY bil, 924,402 IDR bil in Indonesia and 770,000 VND bil in Vietnam in fourth quarter of 2016.

Philippines has been ranked 22nd within the group of 89 countries we follow in terms of bank equity.

Bank equity, or net assets or book value, is the difference between total assets on the one hand and current liabilities and non-capitalised long-term liabilities on the other hand.