Formal account ownership rate Philippines 2021, by gender

Published by
Christy Balita,
Jan 13, 2023
According to a survey on financial inclusion in the Philippines in 2021, more than half of male and female respondents stated that they have a formal account from a financial provider. Overall, around 56 percent of the total population in the Philippines currently have an account held in formal institutions such as banks, e-money issuers, cooperatives, and microfinance institutions.

Share of Filipinos with a formal account from a financial provider in 2021, by gender

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Source

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Release date

August 2022

Region

Philippines

Survey time period

January 13 to February 9, 2022

Number of respondents

1,200 respondents

Age group

15 year old and above

Special properties

among female and male users and non-users of financial products and services

Method of interview

Computer-assisted personal interviews (CAPI)

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Statistics on " Banking industry in the Philippines "

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Overview

4

Key indicators

6

Banking system

6

Universal and commercial banks

5

Rural and cooperative banks

5

Thrift banks

5

Digital banking

6

Leading banks

5

Financial inclusion

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Topics

Banking in the PhilippinesInsurance industry in the PhilippinesCoronavirus (COVID-19) pandemic in the PhilippinesE-commerce in the PhilippinesMobile internet & apps in the Philippines
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