As of December 2023, the gross value of loans issued by rural and cooperative banks in the Philippines amounted to approximately 254 billion Philippine pesos. The purpose of rural and commercial banks in the country is to promote and expand the rural economy by providing basic financial services to residents of rural areas as well as to farmers that need financial assistance.
Value of gross loans granted by rural and cooperative banks in the Philippines from 2013 to 2023 (in billion Philippine pesos)
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Other statistics that may interest you Banking industry in the Philippines
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Universal banks
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- Premium Statistic Value of deposits universal and commercial banks Philippines 2013-2023
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Rural and cooperative banks
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Thrift banks
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- Premium Statistic Value of deposits in thrift banks Philippines 2013-2023
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Digital banking
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Leading banks
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- Premium Statistic Largest universal banks Philippines Q4 2022, by deposits
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Financial inclusion
3
Further related statistics
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- Value loans for production from rural/cooperative banks Philippines 2023, by activity
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Statistics
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BSP (Bangko Sentral ng Pilipinas). (March 7, 2024). Value of gross loans granted by rural and cooperative banks in the Philippines from 2013 to 2023 (in billion Philippine pesos) [Graph]. In Statista. Retrieved March 29, 2024, from https://www.statista.com/statistics/1063383/philippines-gross-loans-rural-cooperative-banks/
BSP (Bangko Sentral ng Pilipinas). "Value of gross loans granted by rural and cooperative banks in the Philippines from 2013 to 2023 (in billion Philippine pesos)." Chart. March 7, 2024. Statista. Accessed March 29, 2024. https://www.statista.com/statistics/1063383/philippines-gross-loans-rural-cooperative-banks/
BSP (Bangko Sentral ng Pilipinas). (2024). Value of gross loans granted by rural and cooperative banks in the Philippines from 2013 to 2023 (in billion Philippine pesos). Statista. Statista Inc.. Accessed: March 29, 2024. https://www.statista.com/statistics/1063383/philippines-gross-loans-rural-cooperative-banks/
BSP (Bangko Sentral ng Pilipinas). "Value of Gross Loans Granted by Rural and Cooperative Banks in The Philippines from 2013 to 2023 (in Billion Philippine Pesos)." Statista, Statista Inc., 7 Mar 2024, https://www.statista.com/statistics/1063383/philippines-gross-loans-rural-cooperative-banks/
BSP (Bangko Sentral ng Pilipinas), Value of gross loans granted by rural and cooperative banks in the Philippines from 2013 to 2023 (in billion Philippine pesos) Statista, https://www.statista.com/statistics/1063383/philippines-gross-loans-rural-cooperative-banks/ (last visited March 29, 2024)
Value of gross loans granted by rural and cooperative banks in the Philippines from 2013 to 2023 (in billion Philippine pesos) [Graph], BSP (Bangko Sentral ng Pilipinas), March 7, 2024. [Online]. Available: https://www.statista.com/statistics/1063383/philippines-gross-loans-rural-cooperative-banks/