MANILA – The domestic claims or assets of other financial corporations (OFCs) increased slightly by 0.1 percent quarter-on-quarter and 16.7 percent year-on-year, reaching ₱10.7 trillion in the second quarter of 2025, data from the Bangko Sentral ng Pilipinas (BSP) showed.

The modest quarterly growth was attributed to larger investments in equity shares issued by nonfinancial corporations, higher holdings of government securities, and an increase in loans extended to households. The expansion, however, was partly offset by a decline in OFCs’ holdings of bank-issued debt securities, the BSP noted.

On the liabilities side, the sector’s total obligations rose to ₱11.4 trillion, driven mainly by higher issued shares of stocks and an increase in insurance technical reserves.

OFCs’ net foreign assets also climbed to ₱0.7 trillion during the quarter, supported by a rise in their claims on nonresidents.

According to the BSP, the OFC survey (OFCS) serves as an analytical framework providing more comprehensive financial data to support the central bank’s monetary and financial stability mandates. The survey covers data from non-money market investment funds, other financial intermediaries, financial auxiliaries, captive financial institutions and money lenders, insurance corporations, and pension funds.