In 2023, there were over ****** financial institutions in the Philippines, ****** of which were banks. Across different bank types, the majority were universal and commercial banks, amounting to about *****. Meanwhile, there were six digital banks since 2022.
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PSA (Philippines). (September 13, 2024). Number of banks in the Philippines from 2018 to 2023, by type [Graph]. In Statista. Retrieved July 27, 2025, from https://www.statista.com/statistics/1194941/philippines-number-of-banks-by-type/
PSA (Philippines). "Number of banks in the Philippines from 2018 to 2023, by type." Chart. September 13, 2024. Statista. Accessed July 27, 2025. https://www.statista.com/statistics/1194941/philippines-number-of-banks-by-type/
PSA (Philippines). (2024). Number of banks in the Philippines from 2018 to 2023, by type. Statista. Statista Inc.. Accessed: July 27, 2025. https://www.statista.com/statistics/1194941/philippines-number-of-banks-by-type/
PSA (Philippines). "Number of Banks in The Philippines from 2018 to 2023, by Type." Statista, Statista Inc., 13 Sep 2024, https://www.statista.com/statistics/1194941/philippines-number-of-banks-by-type/
PSA (Philippines), Number of banks in the Philippines from 2018 to 2023, by type Statista, https://www.statista.com/statistics/1194941/philippines-number-of-banks-by-type/ (last visited July 27, 2025)
Number of banks in the Philippines from 2018 to 2023, by type [Graph], PSA (Philippines), September 13, 2024. [Online]. Available: https://www.statista.com/statistics/1194941/philippines-number-of-banks-by-type/
