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Bank liquid assets as a share of short-term liabilities fell 1.51% yoy to 41.5% in Philippines in 1Q2024, according to the National Central Bank. This is 5.00% less than in the previous quarter.
Historically, bank liquid assets as a share of short-term liabilities in Philippines reached an all time high of 67.4% in 3Q2013 and an all time low of 40.9% in 3Q2023.
Philippines has been ranked 37th within the group of 72 countries we follow in terms of bank liquid assets as a share of short-term liabilities, 6 places above the position seen 10 years ago.