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A map of the Philippines showing the island groups of Luzon, the Visayas, and Mindanao. As an archipelago, the Philippines comprises about 7,641 islands clustered into three major island groups: Luzon, the Visayas, and Mindanao. Only about 2,000 islands are inhabited, and more than 5,000 are yet to be officially named.
The Philippines is an archipelago that comprises 7,641 islands, [8] and with a total land area of 300,000 square kilometers (115,831 sq mi), it is the world's fifth largest island country. [2] [3] [9] The eleven largest islands contain 95% of the total land area. The largest of these islands is Luzon at about 105,000 square kilometers (40,541 ...
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The Philippines ' history with the World Bank started in 1945 when they became one of the first members of the International Bank for Reconstruction and Development (IBRD). [1] Their first project with the Bank came in 1957 with the Binga Power Project. [2] Since then, the Philippines has received $2.14 billion of disbursed loans from the IBRD. [3]
Bank name Assets (millions of PHP) Asset change Rank change 1 Banco de Oro (BDO Unibank) 4,106,716.07: 2 Land Bank of the Philippines (LBP) 3,079,379.17: 3 Metropolitan Bank and Trust Company (Metrobank) 2,835,755.68: 4 Bank of the Philippine Islands (BPI) 2,678,580.37: 5 China Banking Corporation (Chinabank) 1,309,659.31: 6
The Philippines, officially the Republic of the Philippines, is an archipelagic country in Southeast Asia. In the western Pacific Ocean, it consists of 7,641 islands, with a total area of 300,000 square kilometers, which are broadly categorized in three main geographical divisions from north to south: Luzon, Visayas, and Mindanao.
The islands of the Philippines are organized into three distinct island groups according to regions: [clarification needed] Luzon comprises 8 regions: I to III, IV-A, V, NCR, CAR, and Mimaropa. The Visayas comprises 4 regions: VI to VIII and NIR. Mindanao comprises 6 regions: IX to XIII, and BARMM. If a province is reassigned into a new region ...
The Philippines has a comprehensive banking system encompassing various types of banks, from large universal banks to small rural banks and even non-banks.As of September 30, 2022, there were 45 universal and commercial banks, 44 savings banks, 400 rural and cooperative banks, 40 credit unions and 6,267 non-banks with quasi-banking functions, all licensed by the Bangko Sentral ng Pilipinas ...