According to a survey on consumer expectations in the fourth quarter of 2023, banks were the most popular savings institution in the Philippines, with 73.5 percent of surveyed households saying that they have a savings account in this type of institution. Meanwhile, about 55 percent of respondents stated that they kept their savings at home instead of depositing it in a bank.
Share of households with savings in the Philippines during 4th quarter 2023, by type of saving institution
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BSP. (December 13, 2023). Share of households with savings in the Philippines during 4th quarter 2023, by type of saving institution [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/1266008/philippines-preferred-saving-institutions-among-households/
BSP. "Share of households with savings in the Philippines during 4th quarter 2023, by type of saving institution." Chart. December 13, 2023. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/1266008/philippines-preferred-saving-institutions-among-households/
BSP. (2023). Share of households with savings in the Philippines during 4th quarter 2023, by type of saving institution. Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/1266008/philippines-preferred-saving-institutions-among-households/
BSP. "Share of Households with Savings in The Philippines during 4th Quarter 2023, by Type of Saving Institution." Statista, Statista Inc., 13 Dec 2023, https://www.statista.com/statistics/1266008/philippines-preferred-saving-institutions-among-households/
BSP, Share of households with savings in the Philippines during 4th quarter 2023, by type of saving institution Statista, https://www.statista.com/statistics/1266008/philippines-preferred-saving-institutions-among-households/ (last visited November 21, 2024)
Share of households with savings in the Philippines during 4th quarter 2023, by type of saving institution [Graph], BSP, December 13, 2023. [Online]. Available: https://www.statista.com/statistics/1266008/philippines-preferred-saving-institutions-among-households/
