THE Philippine banking sector's assets totaled P25.48 trillion as of the end of April, data from the Bangko Sentral ng Pilipinas showed, up nearly 12 percent from the year-earlier P22.76 trillion but slightly lower, or a little over half a percent, than the previous month's P25.65 trillion.
Net investments, including financial assets and equity investments in subsidiaries, rose by 11.7 percent to P7.38 trillion from P6.61 trillion. It was also up from March's P7.36 trillion.Cash and amounts due from banks, however, slipped by 7.5 percent to P2.54 trillion from P2.75 trillion and were also lower than the previous month's P2.94 trillion.The value of net real and other properties acquired increased by 5.3 percent to P106.41 billion from P101.01 billion.