Bank equity reached 1,281 PHP bil in 2017 in Philippines, according to the National Central Bank. This is 13.3 % more than in the previous year.
Historically, bank equity in Philippines reached an all time high of 1,281 PHP bil in 2017 and an all time low of 378 PHP bil in 1999. When compared to Philippines's main peers, bank equity in China amounted to 5,100 CNY bil, 1,049,614 IDR bil in Indonesia and 709,267 VND bil in Vietnam in 2017.
Philippines has been ranked 21st within the group of 111 countries we follow in terms of bank equity, 1 places behind the position seen 10 years ago.
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.