TACLOBAN CITY, Nov. 20 -- Bank deposits in Eastern Visayas grew by 10 percent in the first half of 2025, mainly due to the improved economy, an official said on Thursday.

Deposit liabilities in the region grew to PHP198.75 billion from last year's PHP180.53 billion or an increase of PHP18.22 billion, based on the record of the Philippine Deposit Insurance Corporation (PDIC).

Deposit liabilities refer to money placed by an individual or corporation into a banking institution for safekeeping.

Victorio Tingcang, area director of the Bangko Sentral ng Pilipinas Tacloban branch, said electronic transactions connect financially underserved Filipinos to formal financial services providers.

"The regional economy is very good and expansion of ...