Banks’ trust assets hit fresh high at end-March

THE Philippine banking system’s trust assets climbed to a new record high of nearly P6.6 trillion as of March, data from the Bangko Sentral ng Pilipinas (BSP) showed. Banks’ trust units held P6.586 trillion in assets at end-March, 15.63% higher than the previous record of P5.696 trillion as of December, according to central bank data […]