NPLs. Short for Non-Performing Loans. The NPL Ratio, or the ratio of a bank's Non-Performing Loans (NPL) to Total Loan Portfolio (TLP) is a frequently cited figure in the general media to indicate a bank's financial health, or the health of the banking system as a whole. See: "Banks reduce exposure to bad debts, have more cash to loan out—BSP".
In the Philippine Thrift Banking Industry, Gross Non-Performing Loans stood at Php 23.687 billion as of March 31, 2013 - approximately 5.49% of the Philippine Thrift Banking Industry's Total Loan Portfolio of Php 431.577 billion.
| Philippine Thrift Banking System | |||
| Gross NPL as % of TLP | |||
| March 31, 2013 | |||
| Gross NPL | TLP | Gross NPL/TLP | |
| Bank | (In Php) | (In Php) | (In %) |
| Comsavings Bank | 206,207,435.20 | 344,291,827.31 | 59.89% |
| Silangan Savings and Loan Bank, Inc. | 19,671,049.99 | 36,484,719.98 | 53.92% |
| Sampaguita SLA | 22,445,192.56 | 55,515,181.64 | 40.43% |
| United Overseas Bank Philippines | 669,199,636.35 | 1,734,542,455.74 | 38.58% |
| Malasiqui Progressive SLB, Inc. | 16,401,428.95 | 50,620,701.86 | 32.40% |
| Citibank Savings Inc. | 2,582,409,401.88 | 8,508,101,011.06 | 30.35% |
| Bataan Development Bank | 48,944,063.79 | 165,236,645.59 | 29.62% |
| Opportunity Kauswagan Bank, Inc. | 76,591,260.61 | 277,859,510.89 | 27.56% |
| Pacific Ace Savings Bank | 7,078,580.74 | 29,339,883.10 | 24.13% |
| Lemery Savings & Loan Bank, Inc. | 15,073,450.87 | 65,009,029.02 | 23.19% |
| Pridestar Development Bank | 8,464,216.23 | 37,322,257.03 | 22.68% |
| Progress SLA | 1,301,818.45 | 6,724,287.54 | 19.36% |
| Pampanga Development Bank | 35,205,062.27 | 198,159,507.34 | 17.77% |
| Century Savings Bank | 80,379,583.03 | 478,049,332.49 | 16.81% |
| Quezon Coconut Producers SLB Inc. | 6,052,627.60 | 36,041,771.17 | 16.79% |
| Security Bank Savings Corporation | 617,312,582.61 | 3,750,356,759.27 | 16.46% |
| Philippine Postal Savings Bank | 484,550,891.29 | 2,980,095,576.65 | 16.26% |
| Hiyas Savings & Loan Bank | 36,676,387.24 | 231,626,004.78 | 15.83% |
| Allied Savings Bank | 381,815,184.79 | 2,564,876,786.11 | 14.89% |
| Dungganon Bank | 13,531,254.95 | 98,166,682.99 | 13.78% |
| Tong Yang Savings Bank Inc. | 109,820,855.14 | 860,340,646.70 | 12.76% |
| Business & Consumers Bank | 16,909,638.23 | 139,944,920.01 | 12.08% |
| Maritime SLA | 16,914,321.10 | 143,504,761.73 | 11.79% |
| University Savings Bank | 55,372,853.41 | 475,119,576.87 | 11.65% |
| Iloilo City Development Bank | 34,871,302.17 | 310,974,958.14 | 11.21% |
| Luzon Development Bank | 185,391,103.62 | 1,691,236,241.54 | 10.96% |
| Cordillera Savings Bank | 17,567,254.20 | 167,912,262.43 | 10.46% |
| Farmers Savings & Loan Bank | 24,608,039.65 | 245,277,396.79 | 10.03% |
| Planters Development Bank | 3,072,249,879.11 | 32,400,691,864.14 | 9.48% |
| The Palawan Bank | 15,467,103.88 | 173,202,573.70 | 8.93% |
| Life Savings Bank | 5,199,792.75 | 60,521,028.42 | 8.59% |
| Malayan Bank Savings & Mortgage Bank | 325,643,706.53 | 3,889,588,482.47 | 8.37% |
| Microfinance Maximum SB (Maxbank) | 1,899,696.25 | 22,889,848.38 | 8.30% |
| Sterling Bank of Asia Inc. | 1,067,092,272.87 | 13,553,415,029.11 | 7.87% |
| Penbank, Inc. | 81,182,208.22 | 1,045,050,592.40 | 7.77% |
| World Partners Bank (A Thrift Bank) | 56,209,010.88 | 748,502,808.48 | 7.51% |
| Metro Cebu Public Savings Bank | 6,624,623.46 | 93,059,558.16 | 7.12% |
| Wealth Bank - A Development Bank | 155,007,342.60 | 2,184,132,101.71 | 7.10% |
| Enterprise Bank Inc. | 101,407,539.68 | 1,491,585,311.90 | 6.80% |
| Village Bank, Inc. | 25,659,354.68 | 386,417,014.05 | 6.64% |
| Bataan SLA | 2,474,043.37 | 37,404,404.66 | 6.61% |
| Philippine Resources Savings Banking Corporation | 445,973,321.49 | 6,855,536,325.20 | 6.51% |
| Dumaguete City Development Bank | 27,282,762.41 | 443,997,466.66 | 6.14% |
| First Consolidated Bank | 369,169,020.56 | 6,503,750,281.79 | 5.68% |
| Producers Savings Bank | 205,208,650.59 | 3,932,021,218.38 | 5.22% |
| RCBC Savings Bank | 1,903,321,080.36 | 37,343,039,964.90 | 5.10% |
| Philippine Savings Bank | 4,226,876,186.15 | 88,478,988,651.95 | 4.78% |
| Bank One Savings and Trust Corp. | 20,832,453.89 | 501,717,966.71 | 4.15% |
| Equicom SB | 115,263,744.92 | 3,231,375,928.72 | 3.57% |
| Sun Savings Bank | 5,123,997.18 | 148,075,602.45 | 3.46% |
| The Queen City Development Bank | 37,266,323.29 | 1,099,406,894.46 | 3.39% |
| BPI Family Savings Bank | 4,125,879,733.63 | 128,464,008,561.69 | 3.21% |
| BPI Globe Banko Inc. Savings Bank | 69,907,056.66 | 2,299,022,553.61 | 3.04% |
| UCPB Savings Bank | 219,587,052.61 | 7,454,456,482.10 | 2.95% |
| Card SME Bank Inc. (A Thrift Bank) | 14,679,663.30 | 515,986,769.16 | 2.84% |
| Philippine Business Bank | 581,652,363.51 | 21,743,850,913.01 | 2.68% |
| Tower Development Bank | 4,160,915.95 | 158,349,113.03 | 2.63% |
| BPI Direct Savings Bank | 174,526,663.29 | 6,704,913,106.84 | 2.60% |
| Northpoint Development Bank | 3,157,575.23 | 122,991,413.22 | 2.57% |
| Optimum Development Bank | 18,274,821.84 | 734,603,915.95 | 2.49% |
| China Bank Savings | 107,827,016.51 | 4,836,228,487.70 | 2.23% |
| CityState Savings Bank | 30,021,381.87 | 1,690,270,481.70 | 1.78% |
| City Savings Bank | 170,052,316.64 | 14,756,549,251.84 | 1.15% |
| HSBC Savings Bank (Phils) Inc. | 102,383,683.94 | 10,320,765,329.41 | 0.99% |
| Merchants Savings & Loan Association Inc. | 2,210,767.48 | 360,385,266.76 | 0.61% |
| BDO Elite Savings Bank | 0.00 | 955,000,000.00 | 0.00% |
| Isla Bank (A Thrift Bank) Inc. | 0.00 | 152,081,606.97 | 0.00% |
| Inter-Asia Development Bank | NA | NA | NA |
| Legazpi Savings Bank Inc. | NA | NA | NA |
| The Real Bank (A Thrift Bank) Inc. | NA | NA | NA |
| Grand Total | 23,687,521,604.50 | 431,576,564,867.56 | 5.49% |
Source: www.bsp.gov.ph
There are six Thrift Banks with an Gross NPL Ratio greater than 30% of Total Loan Portfolio (TLP). These are as follows:
- Comsavings Bank (59.89% of TLP)
- Silangan Savings and Loan Bank, Inc. (53.92% of TLP)
- Sampaguita SLA (40.43% of TLP)
- United Overseas Bank Philippines (38.58% of TLP)
- Malasiqui Progressive SLB, Inc. (32.40% of TLP)
- Citibank Savings Inc. (30.35% of TLP)
Of these banks, two banks are considered distressed:
- Comsavings Bank (formerly GSIS Family Bank)
- Silangan Savings and Loan Bank, Inc.
Philippine Thrift Banking System |
|||
| Net NPL as % of TLP | |||
| March 31, 2013 | |||
| Net NPL | TLP | Net NPL/TLP | |
| Bank | (In Php) | (In Php) | (In %) |
| Comsavings Bank | 145,306,865.78 | 344,291,827.31 | 42.20% |
| Silangan Savings and Loan Bank, Inc. | 11,602,949.48 | 36,484,719.98 | 31.80% |
| Bataan Development Bank | 34,654,351.48 | 165,236,645.59 | 20.97% |
| Malasiqui Progressive SLB, Inc. | 9,134,395.89 | 50,620,701.86 | 18.04% |
| Quezon Coconut Producers SLB Inc. | 6,052,627.60 | 36,041,771.17 | 16.79% |
| Lemery Savings & Loan Bank, Inc. | 10,748,572.35 | 65,009,029.02 | 16.53% |
| Progress SLA | 1,086,663.56 | 6,724,287.54 | 16.16% |
| Opportunity Kauswagan Bank, Inc. | 43,624,934.38 | 277,859,510.89 | 15.70% |
| Century Savings Bank | 73,929,845.56 | 478,049,332.49 | 15.46% |
| Allied Savings Bank | 331,375,975.15 | 2,564,876,786.11 | 12.92% |
| Farmers Savings & Loan Bank | 30,924,153.28 | 245,277,396.79 | 12.61% |
| Pampanga Development Bank | 22,088,091.67 | 198,159,507.34 | 11.15% |
| Hiyas Savings & Loan Bank | 25,765,559.01 | 231,626,004.78 | 11.12% |
| Iloilo City Development Bank | 31,322,163.87 | 310,974,958.14 | 10.07% |
| Philippine Postal Savings Bank | 293,357,943.42 | 2,980,095,576.65 | 9.84% |
| Maritime SLA | 13,418,290.29 | 143,504,761.73 | 9.35% |
| Dungganon Bank | 8,594,872.63 | 98,166,682.99 | 8.76% |
| Business & Consumers Bank | 11,210,003.12 | 139,944,920.01 | 8.01% |
| Luzon Development Bank | 132,623,670.53 | 1,691,236,241.54 | 7.84% |
| Pridestar Development Bank | 2,837,829.57 | 37,322,257.03 | 7.60% |
| Planters Development Bank | 2,435,903,001.70 | 32,400,691,864.14 | 7.52% |
| Sterling Bank of Asia Inc. | 910,612,118.83 | 13,553,415,029.11 | 6.72% |
| Metro Cebu Public Savings Bank | 5,898,388.27 | 93,059,558.16 | 6.34% |
| Pacific Ace Savings Bank | 1,832,586.28 | 29,339,883.10 | 6.25% |
| Penbank, Inc. | 65,251,428.90 | 1,045,050,592.40 | 6.24% |
| Wealth Bank - A Development Bank | 123,076,301.82 | 2,184,132,101.71 | 5.64% |
| Enterprise Bank Inc. | 80,610,501.25 | 1,491,585,311.90 | 5.40% |
| Life Savings Bank | 3,233,539.42 | 60,521,028.42 | 5.34% |
| University Savings Bank | 25,253,787.21 | 475,119,576.87 | 5.32% |
| The Palawan Bank | 8,920,407.98 | 173,202,573.70 | 5.15% |
| World Partners Bank (A Thrift Bank) | 36,257,044.03 | 748,502,808.48 | 4.84% |
| Malayan Bank Savings & Mortgage Bank | 181,314,030.64 | 3,889,588,482.47 | 4.66% |
| Tong Yang Savings Bank Inc. | 39,055,553.21 | 860,340,646.70 | 4.54% |
| Philippine Resources Savings Banking Corporation | 298,542,149.20 | 6,855,536,325.20 | 4.35% |
| Producers Savings Bank | 169,586,359.88 | 3,932,021,218.38 | 4.31% |
| Bank One Savings and Trust Corp. | 20,832,453.89 | 501,717,966.71 | 4.15% |
| Bataan SLA | 1,466,619.63 | 37,404,404.66 | 3.92% |
| Microfinance Maximum SB (Maxbank) | 796,852.02 | 22,889,848.38 | 3.48% |
| Security Bank Savings Corporation | 122,747,234.54 | 3,750,356,759.27 | 3.27% |
| Dumaguete City Development Bank | 13,647,281.76 | 443,997,466.66 | 3.07% |
| Village Bank, Inc. | 11,724,043.66 | 386,417,014.05 | 3.03% |
| RCBC Savings Bank | 982,867,284.19 | 37,343,039,964.90 | 2.63% |
| Equicom SB | 84,611,432.98 | 3,231,375,928.72 | 2.62% |
| Optimum Development Bank | 16,761,721.77 | 734,603,915.95 | 2.28% |
| Sampaguita SLA | 999,587.22 | 55,515,181.64 | 1.80% |
| Tower Development Bank | 2,637,618.02 | 158,349,113.03 | 1.67% |
| China Bank Savings | 74,755,509.70 | 4,836,228,487.70 | 1.55% |
| BPI Family Savings Bank | 1,645,050,556.64 | 128,464,008,561.69 | 1.28% |
| Philippine Business Bank | 211,860,173.46 | 21,743,850,913.01 | 0.97% |
| City Savings Bank | 128,590,455.41 | 14,756,549,251.84 | 0.87% |
| Citibank Savings Inc. | 69,438,575.11 | 8,508,101,011.06 | 0.82% |
| BPI Direct Savings Bank | 49,111,186.12 | 6,704,913,106.84 | 0.73% |
| HSBC Savings Bank (Phils) Inc. | 65,434,829.13 | 10,320,765,329.41 | 0.63% |
| CityState Savings Bank | 10,664,925.38 | 1,690,270,481.70 | 0.63% |
| First Consolidated Bank | 40,129,139.37 | 6,503,750,281.79 | 0.62% |
| Philippine Savings Bank | 318,432,668.44 | 88,478,988,651.95 | 0.36% |
| BDO Elite Savings Bank | 0.00 | 955,000,000.00 | 0.00% |
| BPI Globe Banko Inc. Savings Bank | 0.00 | 2,299,022,553.61 | 0.00% |
| Card SME Bank Inc. (A Thrift Bank) | 0.00 | 515,986,769.16 | 0.00% |
| Cordillera Savings Bank | 0.00 | 167,912,262.43 | 0.00% |
| Isla Bank (A Thrift Bank) Inc. | 0.00 | 152,081,606.97 | 0.00% |
| Merchants Savings & Loan Association Inc. | 0.00 | 360,385,266.76 | 0.00% |
| Northpoint Development Bank | 0.00 | 122,991,413.22 | 0.00% |
| Sun Savings Bank | 0.00 | 148,075,602.45 | 0.00% |
| The Queen City Development Bank | 0.00 | 1,099,406,894.46 | 0.00% |
| UCPB Savings Bank | 0.00 | 7,454,456,482.10 | 0.00% |
| United Overseas Bank Philippines | 0.00 | 1,734,542,455.74 | 0.00% |
| Inter-Asia Development Bank | NA | NA | NA |
| Legazpi Savings Bank Inc. | NA | NA | NA |
| The Real Bank (A Thrift Bank) Inc. | NA | NA | NA |
| Grand Total | 9,497,567,105.68 | 431,576,564,867.56 | 2.20% |
Source: www.bsp.gov.ph
Despite the netting of provisions for credit losses, there are still two Thrift Banks with a Net NPL Ratio greater than 30% of Total Loan Portfolio (TLP). These are as follows:
- Comsavings Bank (42.20% of TLP)
- Silangan Savings and Loan Bank, Inc. (31.80% of TLP)
Both Philippine banks and the BSP like to cite Net NPLs in their financial reporting. However, the use of Net NPLs can be misleading because provisions are actually shareholder's money that has been put to unproductive use to improve the solvency ratios of financial institutions. Generally, bankers, if they are good, tend to target recoveries above the Net NPL figure so that the excess recoveries can flow back to earnings. Therefore, for better decision making and financial sector reporting, gross NPLs are the way to go.
The ratio of a bank's NPLs to its total Stockholders Equity (SE) maybe more important than the ratio of its NPLs to Total Loan Portfolio. The idea behind this is that NPLs are fragile things. As a loan deteriorates, its recoverable value will deteriorate as well. A foreclosure might result in a loan recovery that is a fraction of the loans original value. Therefore, banks with high NPL Ratios relative to their Stockholders Equity may face a significant loss of capital if a substantial amount of their NPLs are written of as a loss.
On an overall basis, the Gross NPLs of Philippine Thrift Banks amounted to 26.69% of Stockholders Equity as of March 31, 2013.
| Philippine Thrift Banking System | |||
| Gross NPL as % of SE | |||
| March 31, 2013 | |||
| Gross NPL | SE | Gross NPL/SE | |
| Bank | (In PHP) | (In PHP) | (In %) |
| Silangan Savings and Loan Bank, Inc. | 19,671,049.99 | 10,391,308.19 | 189.30% |
| Citibank Savings Inc. | 2,582,409,401.88 | 1,472,870,648.62 | 175.33% |
| Village Bank, Inc. | 25,659,354.68 | 16,134,714.28 | 159.03% |
| Opportunity Kauswagan Bank, Inc. | 76,591,260.61 | 61,323,344.55 | 124.90% |
| United Overseas Bank Philippines | 669,199,636.35 | 702,252,001.37 | 95.29% |
| The Palawan Bank | 15,467,103.88 | 16,444,109.52 | 94.06% |
| Planters Development Bank | 3,072,249,879.11 | 3,894,550,868.90 | 78.89% |
| Bataan Development Bank | 48,944,063.79 | 63,580,789.69 | 76.98% |
| Philippine Postal Savings Bank | 484,550,891.29 | 759,927,280.94 | 63.76% |
| Security Bank Savings Corporation | 617,312,582.61 | 1,123,967,139.31 | 54.92% |
| Comsavings Bank | 206,207,435.20 | 382,581,265.01 | 53.90% |
| Enterprise Bank Inc. | 101,407,539.68 | 195,255,759.76 | 51.94% |
| Iloilo City Development Bank | 34,871,302.17 | 70,911,147.62 | 49.18% |
| Sterling Bank of Asia Inc. | 1,067,092,272.87 | 2,308,153,826.27 | 46.23% |
| Luzon Development Bank | 185,391,103.62 | 434,085,634.37 | 42.71% |
| Sampaguita SLA | 22,445,192.56 | 53,013,204.79 | 42.34% |
| Wealth Bank - A Development Bank | 155,007,342.60 | 393,951,279.14 | 39.35% |
| Allied Savings Bank | 381,815,184.79 | 997,482,772.75 | 38.28% |
| World Partners Bank (A Thrift Bank) | 56,209,010.88 | 156,960,687.78 | 35.81% |
| Philippine Resources Savings Banking Corporation | 445,973,321.49 | 1,370,795,921.72 | 32.53% |
| Pampanga Development Bank | 35,205,062.27 | 112,503,628.25 | 31.29% |
| Malasiqui Progressive SLB, Inc. | 16,401,428.95 | 52,663,015.28 | 31.14% |
| Malayan Bank Savings & Mortgage Bank | 325,643,706.53 | 1,056,259,592.22 | 30.83% |
| Penbank, Inc. | 81,182,208.22 | 271,010,894.61 | 29.96% |
| Tong Yang Savings Bank Inc. | 109,820,855.14 | 392,789,225.10 | 27.96% |
| University Savings Bank | 55,372,853.41 | 206,998,198.47 | 26.75% |
| Maritime SLA | 16,914,321.10 | 65,560,548.63 | 25.80% |
| Equicom SB | 115,263,744.92 | 459,838,990.18 | 25.07% |
| RCBC Savings Bank | 1,903,321,080.36 | 7,815,557,867.68 | 24.35% |
| Farmers Savings & Loan Bank | 24,608,039.65 | 101,626,945.31 | 24.21% |
| Philippine Savings Bank | 4,226,876,186.15 | 17,631,397,452.60 | 23.97% |
| BPI Family Savings Bank | 4,125,879,733.63 | 17,306,461,368.33 | 23.84% |
| Hiyas Savings & Loan Bank | 36,676,387.24 | 157,773,949.33 | 23.25% |
| Lemery Savings & Loan Bank, Inc. | 15,073,450.87 | 66,176,078.88 | 22.78% |
| BPI Direct Savings Bank | 174,526,663.29 | 803,918,092.43 | 21.71% |
| Business & Consumers Bank | 16,909,638.23 | 77,927,239.65 | 21.70% |
| Dungganon Bank | 13,531,254.95 | 64,479,298.55 | 20.99% |
| First Consolidated Bank | 369,169,020.56 | 1,939,239,317.62 | 19.04% |
| Producers Savings Bank | 205,208,650.59 | 1,087,630,484.52 | 18.87% |
| Cordillera Savings Bank | 17,567,254.20 | 97,373,694.03 | 18.04% |
| BPI Globe Banko Inc. Savings Bank | 69,907,056.66 | 499,613,168.62 | 13.99% |
| Pridestar Development Bank | 8,464,216.23 | 69,963,653.77 | 12.10% |
| Dumaguete City Development Bank | 27,282,762.41 | 233,849,354.48 | 11.67% |
| Quezon Coconut Producers SLB Inc. | 6,052,627.60 | 58,040,408.94 | 10.43% |
| Pacific Ace Savings Bank | 7,078,580.74 | 74,386,714.64 | 9.52% |
| Metro Cebu Public Savings Bank | 6,624,623.46 | 70,198,454.65 | 9.44% |
| UCPB Savings Bank | 219,587,052.61 | 2,412,138,206.81 | 9.10% |
| Century Savings Bank | 80,379,583.03 | 901,370,505.91 | 8.92% |
| China Bank Savings | 107,827,016.51 | 1,336,209,020.05 | 8.07% |
| Life Savings Bank | 5,199,792.75 | 64,608,956.87 | 8.05% |
| Philippine Business Bank | 581,652,363.51 | 7,978,879,476.66 | 7.29% |
| Card SME Bank Inc. (A Thrift Bank) | 14,679,663.30 | 207,351,272.15 | 7.08% |
| City Savings Bank | 170,052,316.64 | 2,472,118,775.49 | 6.88% |
| The Queen City Development Bank | 37,266,323.29 | 667,259,864.54 | 5.58% |
| Sun Savings Bank | 5,123,997.18 | 115,048,743.38 | 4.45% |
| Northpoint Development Bank | 3,157,575.23 | 72,537,441.93 | 4.35% |
| Bank One Savings and Trust Corp. | 20,832,453.89 | 530,389,484.18 | 3.93% |
| CityState Savings Bank | 30,021,381.87 | 795,043,341.21 | 3.78% |
| HSBC Savings Bank (Phils) Inc. | 102,383,683.94 | 2,748,084,259.69 | 3.73% |
| Tower Development Bank | 4,160,915.95 | 114,617,272.75 | 3.63% |
| Bataan SLA | 2,474,043.37 | 75,118,952.34 | 3.29% |
| Microfinance Maximum SB (Maxbank) | 1,899,696.25 | 66,733,990.88 | 2.85% |
| Optimum Development Bank | 18,274,821.84 | 728,125,103.12 | 2.51% |
| Progress SLA | 1,301,818.45 | 83,299,483.73 | 1.56% |
| Merchants Savings & Loan Association Inc. | 2,210,767.48 | 535,527,047.95 | 0.41% |
| BDO Elite Savings Bank | 0.00 | 1,587,605,708.24 | 0.00% |
| Isla Bank (A Thrift Bank) Inc. | 0.00 | 0.00 | NA |
| Inter-Asia Development Bank | NA | NA | NA |
| Legazpi Savings Bank Inc. | NA | NA | NA |
| The Real Bank (A Thrift Bank) Inc. | NA | NA | NA |
| Grand Total | 23,687,521,604.50 | 88,749,938,249.23 | 26.69% |
Source: www.bsp.gov.ph
Of the seventy thrift banks in this list, twenty-three have a Gross NPL to Stockholders Equity Ratio of 30% or more. These banks are as follows:
- Silangan Savings and Loan Bank, Inc. (189.30% of SE)
- Citibank Savings Inc. (175.33% of SE)
- Village Bank, Inc. (159.03% of SE)
- Opportunity Kauswagan Bank, Inc. (124.90% of SE)
- United Overseas Bank Philippines (95.29% of SE)
- The Palawan Bank (94.06% of SE)
- Planters Development Bank (78.89% of SE)
- Bataan Development Bank (76.98% of SE)
- Philippine Postal Savings Bank (63.76% of SE)
- Security Bank Savings Corporation (54.92% of SE)
- Comsavings Bank (53.90% of SE)
- Enterprise Bank Inc. (51.94% of SE)
- Iloilo City Development Bank (49.18% of SE)
- Sterling Bank of Asia, Inc. (46.23% of SE)
- Luzon Development Bank (42.71% of SE)
- Sampaguita SLA (42.34% of SE)
- Wealth Bank (39.35% of SE)
- Allied Savings Bank (38.28% of SE)
- World Partners Bank (35.81% of SE)
- Philippine Resources Savings Banking Corporation (32.53% of SE)
- Pampanga Development Bank (31.29% of SE)
- Malasiqui Progressive SLB, Inc. (31.14% of SE)
- Malayan Bank Savings and Mortgage Bank (30.83% of SE)
Net NPLs amounted to 10.63% of Stockholders Equity as of March 31, 2013:
| Philippine Thrift Banking System | |||
| Net NPL as % of SE | |||
| March 31, 2013 | |||
| Net NPL | SE | Net NPL/SE | |
| Bank | (In PHP) | (In PHP) | (In %) |
| Silangan Savings and Loan Bank, Inc. | 11,602,949.48 | 10,391,308.19 | 111.66% |
| Village Bank, Inc. | 11,724,043.66 | 16,134,714.28 | 72.66% |
| Opportunity Kauswagan Bank, Inc. | 43,624,934.38 | 61,323,344.55 | 71.14% |
| Planters Development Bank | 2,435,903,001.70 | 3,894,550,868.90 | 62.55% |
| Bataan Development Bank | 34,654,351.48 | 63,580,789.69 | 54.50% |
| The Palawan Bank | 8,920,407.98 | 16,444,109.52 | 54.25% |
| Iloilo City Development Bank | 31,322,163.87 | 70,911,147.62 | 44.17% |
| Enterprise Bank Inc. | 80,610,501.25 | 195,255,759.76 | 41.28% |
| Sterling Bank of Asia Inc. | 910,612,118.83 | 2,308,153,826.27 | 39.45% |
| Philippine Postal Savings Bank | 293,357,943.42 | 759,927,280.94 | 38.60% |
| Comsavings Bank | 145,306,865.78 | 382,581,265.01 | 37.98% |
| Allied Savings Bank | 331,375,975.15 | 997,482,772.75 | 33.22% |
| Wealth Bank - A Development Bank | 123,076,301.82 | 393,951,279.14 | 31.24% |
| Luzon Development Bank | 132,623,670.53 | 434,085,634.37 | 30.55% |
| Farmers Savings & Loan Bank | 30,924,153.28 | 101,626,945.31 | 30.43% |
| Penbank, Inc. | 65,251,428.90 | 271,010,894.61 | 24.08% |
| World Partners Bank (A Thrift Bank) | 36,257,044.03 | 156,960,687.78 | 23.10% |
| Philippine Resources Savings Banking Corporation | 298,542,149.20 | 1,370,795,921.72 | 21.78% |
| Maritime SLA | 13,418,290.29 | 65,560,548.63 | 20.47% |
| Pampanga Development Bank | 22,088,091.67 | 112,503,628.25 | 19.63% |
| Equicom SB | 84,611,432.98 | 459,838,990.18 | 18.40% |
| Malasiqui Progressive SLB, Inc. | 9,134,395.89 | 52,663,015.28 | 17.34% |
| Malayan Bank Savings & Mortgage Bank | 181,314,030.64 | 1,056,259,592.22 | 17.17% |
| Hiyas Savings & Loan Bank | 25,765,559.01 | 157,773,949.33 | 16.33% |
| Lemery Savings & Loan Bank, Inc. | 10,748,572.35 | 66,176,078.88 | 16.24% |
| Producers Savings Bank | 169,586,359.88 | 1,087,630,484.52 | 15.59% |
| Business & Consumers Bank | 11,210,003.12 | 77,927,239.65 | 14.39% |
| Dungganon Bank | 8,594,872.63 | 64,479,298.55 | 13.33% |
| RCBC Savings Bank | 982,867,284.19 | 7,815,557,867.68 | 12.58% |
| University Savings Bank | 25,253,787.21 | 206,998,198.47 | 12.20% |
| Security Bank Savings Corporation | 122,747,234.54 | 1,123,967,139.31 | 10.92% |
| Quezon Coconut Producers SLB Inc. | 6,052,627.60 | 58,040,408.94 | 10.43% |
| Tong Yang Savings Bank Inc. | 39,055,553.21 | 392,789,225.10 | 9.94% |
| BPI Family Savings Bank | 1,645,050,556.64 | 17,306,461,368.33 | 9.51% |
| Metro Cebu Public Savings Bank | 5,898,388.27 | 70,198,454.65 | 8.40% |
| Century Savings Bank | 73,929,845.56 | 901,370,505.91 | 8.20% |
| BPI Direct Savings Bank | 49,111,186.12 | 803,918,092.43 | 6.11% |
| Dumaguete City Development Bank | 13,647,281.76 | 233,849,354.48 | 5.84% |
| China Bank Savings | 74,755,509.70 | 1,336,209,020.05 | 5.59% |
| City Savings Bank | 128,590,455.41 | 2,472,118,775.49 | 5.20% |
| Life Savings Bank | 3,233,539.42 | 64,608,956.87 | 5.00% |
| Citibank Savings Inc. | 69,438,575.11 | 1,472,870,648.62 | 4.71% |
| Pridestar Development Bank | 2,837,829.57 | 69,963,653.77 | 4.06% |
| Bank One Savings and Trust Corp. | 20,832,453.89 | 530,389,484.18 | 3.93% |
| Philippine Business Bank | 211,860,173.46 | 7,978,879,476.66 | 2.66% |
| Pacific Ace Savings Bank | 1,832,586.28 | 74,386,714.64 | 2.46% |
| HSBC Savings Bank (Phils) Inc. | 65,434,829.13 | 2,748,084,259.69 | 2.38% |
| Optimum Development Bank | 16,761,721.77 | 728,125,103.12 | 2.30% |
| Tower Development Bank | 2,637,618.02 | 114,617,272.75 | 2.30% |
| First Consolidated Bank | 40,129,139.37 | 1,939,239,317.62 | 2.07% |
| Bataan SLA | 1,466,619.63 | 75,118,952.34 | 1.95% |
| Sampaguita SLA | 999,587.22 | 53,013,204.79 | 1.89% |
| Philippine Savings Bank | 318,432,668.44 | 17,631,397,452.60 | 1.81% |
| CityState Savings Bank | 10,664,925.38 | 795,043,341.21 | 1.34% |
| Progress SLA | 1,086,663.56 | 83,299,483.73 | 1.30% |
| Microfinance Maximum SB (Maxbank) | 796,852.02 | 66,733,990.88 | 1.19% |
| BDO Elite Savings Bank | 0.00 | 1,587,605,708.24 | 0.00% |
| BPI Globe Banko Inc. Savings Bank | 0.00 | 499,613,168.62 | 0.00% |
| Card SME Bank Inc. (A Thrift Bank) | 0.00 | 207,351,272.15 | 0.00% |
| Cordillera Savings Bank | 0.00 | 97,373,694.03 | 0.00% |
| Isla Bank (A Thrift Bank) Inc. | 0.00 | 637,164,919.99 | 0.00% |
| Merchants Savings & Loan Association Inc. | 0.00 | 535,527,047.95 | 0.00% |
| Northpoint Development Bank | 0.00 | 72,537,441.93 | 0.00% |
| Sun Savings Bank | 0.00 | 115,048,743.38 | 0.00% |
| The Queen City Development Bank | 0.00 | 667,259,864.54 | 0.00% |
| UCPB Savings Bank | 0.00 | 2,412,138,206.81 | 0.00% |
| United Overseas Bank Philippines | 0.00 | 702,252,001.37 | 0.00% |
| Inter-Asia Development Bank | NA | NA | NA |
| Legazpi Savings Bank Inc. | NA | NA | NA |
| The Real Bank (A Thrift Bank) Inc. | NA | NA | NA |
| Grand Total | 9,497,567,105.68 | 89,387,103,169.22 | 10.63% |
Source: www.bsp.gov.ph
- Silangan Savings and Loan Bank, Inc. (111.66% of SE)
- Village Bank, Inc. (72.66% of SE)
- Opportunity Kauswagan Bank, Inc. (71.14% of SE)
- Planters Development Bank (62.55% of SE)
- Bataan Development Bank (54.50% of SE)
- The Palawan Bank (54.25% of SE)
- Iloilo City Development Bank (44.17% of SE)
- Enterprise Bank Inc. (41.28% of SE)
- Sterling Bank of Asia, Inc. (39.45% of SE)
- Philippine Postal Savings Bank (38.60% of SE)
- Comsavings Bank (37.98% of SE)
- Allied Savings Bank (33.22% of SE)
- Wealth Bank (31.24% of SE)
- Luzon Development Bank (30.55% of SE)
- Farmers Savings & Loan Bank (30.43% of SE)
Another indicator of a bank's financial health is the level of DOSRI Loans in relation to a bank's Total Loan Portfolio. Under current banking regulations, the limit on the amount of individual loans to DOSRI, of which 70% must be secured, should not exceed a bank's parent company's regulatory capital or 15% of the bank's parent company's total loan portfolio, whichever is lower. These limits do not apply to loans secured by assets considered as non-risk as defined in the regulations. Therefore banks with significantly high DOSRI Loan to Total Loan Portfolio ratios may be bumping up or exceeding the limits of compliance with DOSRI regulations.
On an overall basis, the DOSRI Loans of Philippine Thrift Banks amounted to only 1.31% of their Total Loan Portfolio as of March 31, 2013. Of the seventy banks listed as Thrift Banks, twenty-one banks reported having no DOSRI Loans. Of the forty-six thrift banks with DOSRI Loans, seventeen had DOSRI Loans that made up less than 1% of their Total Loan Portfolios. However, several thrift banks had DOSRI Loans that comprised more than 15% of their Total Loan Portfolios. They are as follows:
- The Queen City Development Bank (26.57% of TLP)
- CityState Savings Bank (21.94% of TLP)
- Penbank, Inc. (21.31% of TLP)
- Life Savings Bank (16.31% of TLP)
- World Partners Bank (15.22% of TLP)
| Philippine Thrift Banking System | |||
| DOSRI as % of TLP | |||
| March 31, 2013 | |||
| DOSRI | TLP | DOSRI/TLP | |
| Bank | (In Php) | (In PHP) | (In %) |
| The Queen City Development Bank | 292,086,484.52 | 1,099,406,894.46 | 26.57% |
| CityState Savings Bank | 370,886,711.43 | 1,690,270,481.70 | 21.94% |
| Penbank, Inc. | 222,745,980.91 | 1,045,050,592.40 | 21.31% |
| Life Savings Bank | 9,873,698.71 | 60,521,028.42 | 16.31% |
| World Partners Bank (A Thrift Bank) | 113,910,362.30 | 748,502,808.48 | 15.22% |
| Malasiqui Progressive SLB, Inc. | 5,715,000.00 | 50,620,701.86 | 11.29% |
| Village SLA, Inc. | 40,896,706.37 | 386,417,014.05 | 10.58% |
| Tower Development Bank | 16,517,153.24 | 158,349,113.03 | 10.43% |
| Optimum Development Bank | 70,285,944.36 | 734,603,915.95 | 9.57% |
| Silangan Savings and Loan Bank, Inc. | 3,311,630.00 | 36,484,719.98 | 9.08% |
| Pampanga Development Bank | 16,314,140.50 | 198,159,507.34 | 8.23% |
| Hiyas Savings & Loan Bank | 15,657,847.34 | 231,626,004.78 | 6.76% |
| Quezon Coconut Producers SLB Inc. | 2,312,499.35 | 36,041,771.17 | 6.42% |
| Bank One Savings and Trust Corp. | 29,906,666.66 | 501,717,966.71 | 5.96% |
| Opportunity Kauswagan Bank, Inc. | 16,318,883.35 | 277,859,510.89 | 5.87% |
| Sampaguita SLA | 3,150,000.00 | 55,515,181.64 | 5.67% |
| Century Savings Bank | 27,037,276.81 | 478,049,332.49 | 5.66% |
| Philippine Business Bank | 1,203,691,098.39 | 21,743,850,913.01 | 5.54% |
| Luzon Development Bank | 88,762,308.87 | 1,691,236,241.54 | 5.25% |
| Philippine Postal Savings Bank | 132,931,646.91 | 2,980,095,576.65 | 4.46% |
| Producers Savings Bank | 137,666,787.71 | 3,932,021,218.38 | 3.50% |
| Dumaguete City Development Bank | 14,369,961.04 | 443,997,466.66 | 3.24% |
| Comsavings Bank | 9,702,929.61 | 344,291,827.31 | 2.82% |
| Maritime SLA | 3,821,550.00 | 143,504,761.73 | 2.66% |
| Wealth Bank - A Development Bank | 53,030,314.84 | 2,184,132,101.71 | 2.43% |
| Philippine Savings Bank | 1,910,010,540.57 | 88,478,988,651.95 | 2.16% |
| Planters Development Bank | 631,965,370.32 | 32,400,691,864.14 | 1.95% |
| Cordillera Savings Bank | 3,175,340.99 | 167,912,262.43 | 1.89% |
| Lemery Savings & Loan Bank, Inc. | 860,554.45 | 65,009,029.02 | 1.32% |
| Malayan Bank Savings & Mortgage Bank | 38,614,356.46 | 3,889,588,482.47 | 0.99% |
| The Palawan Bank | 1,676,804.05 | 173,202,573.70 | 0.97% |
| HSBC Savings Bank (Phils) Inc. | 70,371,669.80 | 10,320,765,329.41 | 0.68% |
| University Savings Bank | 3,199,448.37 | 475,119,576.87 | 0.67% |
| Security Bank Savings Corporation | 15,116,055.87 | 3,750,356,759.27 | 0.40% |
| Tong Yang Savings Bank Inc. | 1,912,663.74 | 860,340,646.70 | 0.22% |
| China Bank Savings | 9,921,880.24 | 4,836,228,487.70 | 0.21% |
| First Consolidated Bank | 10,489,910.34 | 6,503,750,281.79 | 0.16% |
| City Savings Bank | 18,555,582.06 | 14,756,549,251.84 | 0.13% |
| Farmers Savings & Loan Bank | 258,669.27 | 245,277,396.79 | 0.11% |
| Equicom SB | 2,471,765.37 | 3,231,375,928.72 | 0.08% |
| BPI Direct Savings Bank | 5,015,771.15 | 6,704,913,106.84 | 0.07% |
| UCPB Savings Bank | 2,374,662.49 | 7,454,456,482.10 | 0.03% |
| Isla Bank (A Thrift Bank) Inc. | 46,961.76 | 152,081,606.97 | 0.03% |
| BPI Family Savings Bank | 39,026,461.22 | 128,464,008,561.69 | 0.03% |
| Sterling Bank of Asia Inc. | 2,539,287.48 | 13,553,415,029.11 | 0.02% |
| Iloilo City Development Bank | 50,000.00 | 310,974,958.14 | 0.02% |
| Allied Savings Bank | 0.00 | 2,564,876,786.11 | 0.00% |
| Bataan Development Bank | 0.00 | 165,236,645.59 | 0.00% |
| Bataan SLA | 0.00 | 37,404,404.66 | 0.00% |
| BDO Elite Savings Bank | 0.00 | 955,000,000.00 | 0.00% |
| BPI Globe Banko Inc. Savings Bank | 0.00 | 2,299,022,553.61 | 0.00% |
| Business & Consumers Bank | 0.00 | 139,944,920.01 | 0.00% |
| Card SME Bank Inc. (A Thrift Bank) | 0.00 | 515,986,769.16 | 0.00% |
| Citibank Savings Inc. | 0.00 | 8,508,101,011.06 | 0.00% |
| Dungganon Bank | 0.00 | 98,166,682.99 | 0.00% |
| Enterprise Bank Inc. | 0.00 | 1,491,585,311.90 | 0.00% |
| Merchants Savings & Loan Association Inc. | 0.00 | 360,385,266.76 | 0.00% |
| Metro Cebu Public Savings Bank | 0.00 | 93,059,558.16 | 0.00% |
| Microfinance Maximum SB (Maxbank) | 0.00 | 22,889,848.38 | 0.00% |
| Northpoint Development Bank | 0.00 | 122,991,413.22 | 0.00% |
| Pacific Ace Savings Bank | 0.00 | 29,339,883.10 | 0.00% |
| Philippine Resources Savings Banking Corporation | 0.00 | 6,855,536,325.20 | 0.00% |
| Pridestar Development Bank | 0.00 | 37,322,257.03 | 0.00% |
| Progress SLA | 0.00 | 6,724,287.54 | 0.00% |
| RCBC Savings Bank | 0.00 | 37,343,039,964.90 | 0.00% |
| Sun Savings Bank | 0.00 | 148,075,602.45 | 0.00% |
| United Overseas Bank Philippines | 0.00 | 1,734,542,455.74 | 0.00% |
| Inter-Asia Development Bank | NA | NA | NA |
| Legazpi Savings Bank Inc. | NA | NA | NA |
| The Real Bank (A Thrift Bank) Inc. | NA | NA | NA |
| Grand Total | 5,668,557,339.22 | 431,576,564,867.56 | 1.31% |
Source: www.bsp.gov.ph
DOSRI Rules indicate that, in the aggregate, DOSRI Loans should not exceed the total equity of the bank. Therefore banks with a significantly high DOSRI Loans as a percentage of Stockholders Equity may be approaching DOSRI Limits. Generally speaking, the DOSRI Loans of Philippine Thrift Banks amounted to only 6.34% of Stockholders Equity as of March 31, 2013.
| Philippine Thrift Banking System | |||
| DOSRI as % of Stockholders Equity | |||
| March 31, 2013 | |||
| DOSRI | SE | DOSRI/SE | |
| Bank | (In Php) | (In PHP) | (In %) |
| Village Bank, Inc. | 40,896,706.37 | 16,134,714.28 | 253.47% |
| Penbank, Inc. | 222,745,980.91 | 271,010,894.61 | 82.19% |
| World Partners Bank (A Thrift Bank) | 113,910,362.30 | 156,960,687.78 | 72.57% |
| CityState Savings Bank | 370,886,711.43 | 795,043,341.21 | 46.65% |
| The Queen City Development Bank | 292,086,484.52 | 667,259,864.54 | 43.77% |
| Silangan Savings and Loan Bank, Inc. | 3,311,630.00 | 10,391,308.19 | 31.87% |
| Opportunity Kauswagan Bank, Inc. | 16,318,883.35 | 61,323,344.55 | 26.61% |
| Luzon Development Bank | 88,762,308.87 | 434,085,634.37 | 20.45% |
| Philippine Postal Savings Bank | 132,931,646.91 | 759,927,280.94 | 17.49% |
| Planters Development Bank | 631,965,370.32 | 3,894,550,868.90 | 16.23% |
| Life Savings Bank | 9,873,698.71 | 64,608,956.87 | 15.28% |
| Philippine Business Bank | 1,203,691,098.39 | 7,978,879,476.66 | 15.09% |
| Pampanga Development Bank | 16,314,140.50 | 112,503,628.25 | 14.50% |
| Tower Development Bank | 16,517,153.24 | 114,617,272.75 | 14.41% |
| Wealth Bank - A Development Bank | 53,030,314.84 | 393,951,279.14 | 13.46% |
| Producers Savings Bank | 137,666,787.71 | 1,087,630,484.52 | 12.66% |
| Malasiqui Progressive SLB, Inc. | 5,715,000.00 | 52,663,015.28 | 10.85% |
| Philippine Savings Bank | 1,910,010,540.57 | 17,631,397,452.60 | 10.83% |
| The Palawan Bank | 1,676,804.05 | 16,444,109.52 | 10.20% |
| Hiyas Savings & Loan Bank | 15,657,847.34 | 157,773,949.33 | 9.92% |
| Optimum Development Bank | 70,285,944.36 | 728,125,103.12 | 9.65% |
| Dumaguete City Development Bank | 14,369,961.04 | 233,849,354.48 | 6.14% |
| Sampaguita SLA | 3,150,000.00 | 53,013,204.79 | 5.94% |
| Maritime SLA | 3,821,550.00 | 65,560,548.63 | 5.83% |
| Bank One Savings and Trust Corp. | 29,906,666.66 | 530,389,484.18 | 5.64% |
| Quezon Coconut Producers SLB Inc. | 2,312,499.35 | 58,040,408.94 | 3.98% |
| Malayan Bank Savings & Mortgage Bank | 38,614,356.46 | 1,056,259,592.22 | 3.66% |
| Cordillera Savings Bank | 3,175,340.99 | 97,373,694.03 | 3.26% |
| Century Savings Bank | 27,037,276.81 | 901,370,505.91 | 3.00% |
| HSBC Savings Bank (Phils) Inc. | 70,371,669.80 | 2,748,084,259.69 | 2.56% |
| Comsavings Bank | 9,702,929.61 | 382,581,265.01 | 2.54% |
| University Savings Bank | 3,199,448.37 | 206,998,198.47 | 1.55% |
| Security Bank Savings Corporation | 15,116,055.87 | 1,123,967,139.31 | 1.34% |
| Lemery Savings & Loan Bank, Inc. | 860,554.45 | 66,176,078.88 | 1.30% |
| City Savings Bank | 18,555,582.06 | 2,472,118,775.49 | 0.75% |
| China Bank Savings | 9,921,880.24 | 1,336,209,020.05 | 0.74% |
| BPI Direct Savings Bank | 5,015,771.15 | 803,918,092.43 | 0.62% |
| First Consolidated Bank | 10,489,910.34 | 1,939,239,317.62 | 0.54% |
| Equicom SB | 2,471,765.37 | 459,838,990.18 | 0.54% |
| Tong Yang Savings Bank Inc. | 1,912,663.74 | 392,789,225.10 | 0.49% |
| Farmers Savings & Loan Bank | 258,669.27 | 101,626,945.31 | 0.25% |
| BPI Family Savings Bank | 39,026,461.22 | 17,306,461,368.33 | 0.23% |
| Sterling Bank of Asia Inc. | 2,539,287.48 | 2,308,153,826.27 | 0.11% |
| UCPB Savings Bank | 2,374,662.49 | 2,412,138,206.81 | 0.10% |
| Iloilo City Development Bank | 50,000.00 | 70,911,147.62 | 0.07% |
| Isla Bank (A Thrift Bank) Inc. | 46,961.76 | 637,164,919.99 | 0.01% |
| Allied Savings Bank | 0.00 | 997,482,772.75 | 0.00% |
| Bataan Development Bank | 0.00 | 63,580,789.69 | 0.00% |
| Bataan SLA | 0.00 | 75,118,952.34 | 0.00% |
| BDO Elite Savings Bank | 0.00 | 1,587,605,708.24 | 0.00% |
| BPI Globe Banko Inc. Savings Bank | 0.00 | 499,613,168.62 | 0.00% |
| Business & Consumers Bank | 0.00 | 77,927,239.65 | 0.00% |
| Card SME Bank Inc. (A Thrift Bank) | 0.00 | 207,351,272.15 | 0.00% |
| Citibank Savings Inc. | 0.00 | 1,472,870,648.62 | 0.00% |
| Dungganon Bank | 0.00 | 64,479,298.55 | 0.00% |
| Enterprise Bank Inc. | 0.00 | 195,255,759.76 | 0.00% |
| Merchants Savings & Loan Association Inc. | 0.00 | 535,527,047.95 | 0.00% |
| Metro Cebu Public Savings Bank | 0.00 | 70,198,454.65 | 0.00% |
| Microfinance Maximum SB (Maxbank) | 0.00 | 66,733,990.88 | 0.00% |
| Northpoint Development Bank | 0.00 | 72,537,441.93 | 0.00% |
| Pacific Ace Savings Bank | 0.00 | 74,386,714.64 | 0.00% |
| Philippine Resources Savings Banking Corporation | 0.00 | 1,370,795,921.72 | 0.00% |
| Pridestar Development Bank | 0.00 | 69,963,653.77 | 0.00% |
| Progress SLA | 0.00 | 83,299,483.73 | 0.00% |
| RCBC Savings Bank | 0.00 | 7,815,557,867.68 | 0.00% |
| Sun Savings Bank | 0.00 | 115,048,743.38 | 0.00% |
| United Overseas Bank Philippines | 0.00 | 702,252,001.37 | 0.00% |
| Inter-Asia Development Bank | NA | NA | NA |
| Legazpi Savings Bank Inc. | NA | NA | NA |
| The Real Bank (A Thrift Bank) Inc. | NA | NA | NA |
| Grand Total | 5,668,557,339.22 | 89,387,103,169.22 | 6.34% |
Source: www.bsp.gov.ph
Banks often take pains to avoid DOSRI Loans from falling past due. Although bank policies often state that DOSRI Loans are made “substantially on the same terms as with other individuals and businesses of comparable risks. (See Planters Development Bank Annual Report December 31, 2010). Loan underwriting standards should be tighter because a past due DOSRI loan reflects badly on the bank. DOSRI Loans that fall past due are often:
- Written off as soon as possible;
- Refinanced or Restructured to become current (this requires Board of Directors Approval); or are
- Technically reclassified as a general NPL (like if a loan to a former bank officer falls past due).
As a result, the Thrift Bank Industry reported that Php 507.801 million, or 8.96% of its DOSRI Loans fell past due as of March 31, 2013. Of the forty-six banks with DOSRI Loans, forty had zero past due DOSRI Loans. Of the six remaining banks in this list, two banks had past due DOSRI Loans exceeding 30% of their Total DOSRI Loan Portfolio:
- Quezon Coconut Producers SLB Inc.
- Silangan Savings and Loan Bank, Inc.
| Philippine Thrift Banking System | |||
| DOSRI Past Due as % of DOSRI | |||
| March 31, 2013 | |||
| DOSRI Past Due | DOSRI | DOSRI Past Due/DOSRI | |
| Bank | (In PHP) | (In PHP) | (In %) |
| Quezon Coconut Producers SLB Inc. | 2,312,499.35 | 2,312,499.35 | 100.00% |
| Silangan Savings and Loan Bank, Inc. | 3,311,630.00 | 3,311,630.00 | 100.00% |
| Philippine Savings Bank | 498,818,279.54 | 1,910,010,540.57 | 26.12% |
| Dumaguete City Development Bank | 2,600,000.00 | 14,369,961.04 | 18.09% |
| Life Savings Bank | 758,788.68 | 9,873,698.71 | 7.68% |
| UCPB Savings Bank | 4.00 | 2,374,662.49 | 0.00% |
| Bank One Savings and Trust Corp. | 0.00 | 29,906,666.66 | 0.00% |
| BPI Direct Savings Bank | 0.00 | 5,015,771.15 | 0.00% |
| BPI Family Savings Bank | 0.00 | 39,026,461.22 | 0.00% |
| Century Savings Bank | 0.00 | 27,037,276.81 | 0.00% |
| China Bank Savings | 0.00 | 9,921,880.24 | 0.00% |
| City Savings Bank | 0.00 | 18,555,582.06 | 0.00% |
| CityState Savings Bank | 0.00 | 370,886,711.43 | 0.00% |
| Comsavings Bank | 0.00 | 9,702,929.61 | 0.00% |
| Cordillera Savings Bank | 0.00 | 3,175,340.99 | 0.00% |
| Equicom SB | 0.00 | 2,471,765.37 | 0.00% |
| Farmers Savings & Loan Bank | 0.00 | 258,669.27 | 0.00% |
| First Consolidated Bank | 0.00 | 10,489,910.34 | 0.00% |
| Hiyas Savings & Loan Bank | 0.00 | 15,657,847.34 | 0.00% |
| HSBC Savings Bank (Phils) Inc. | 0.00 | 70,371,669.80 | 0.00% |
| Iloilo City Development Bank | 0.00 | 50,000.00 | 0.00% |
| Isla Bank (A Thrift Bank) Inc. | 0.00 | 46,961.76 | 0.00% |
| Lemery Savings & Loan Bank, Inc. | 0.00 | 860,554.45 | 0.00% |
| Luzon Development Bank | 0.00 | 88,762,308.87 | 0.00% |
| Malasiqui Progressive SLB, Inc. | 0.00 | 5,715,000.00 | 0.00% |
| Malayan Bank Savings & Mortgage Bank | 0.00 | 38,614,356.46 | 0.00% |
| Maritime SLA | 0.00 | 3,821,550.00 | 0.00% |
| Opportunity Kauswagan Bank, Inc. | 0.00 | 16,318,883.35 | 0.00% |
| Optimum Development Bank | 0.00 | 70,285,944.36 | 0.00% |
| Pampanga Development Bank | 0.00 | 16,314,140.50 | 0.00% |
| Penbank, Inc. | 0.00 | 222,745,980.91 | 0.00% |
| Philippine Business Bank | 0.00 | 1,203,691,098.39 | 0.00% |
| Philippine Postal Savings Bank | 0.00 | 132,931,646.91 | 0.00% |
| Planters Development Bank | 0.00 | 631,965,370.32 | 0.00% |
| Producers Savings Bank | 0.00 | 137,666,787.71 | 0.00% |
| Sampaguita SLA | 0.00 | 3,150,000.00 | 0.00% |
| Security Bank Savings Corporation | 0.00 | 15,116,055.87 | 0.00% |
| Sterling Bank of Asia Inc. | 0.00 | 2,539,287.48 | 0.00% |
| The Palawan Bank | 0.00 | 1,676,804.05 | 0.00% |
| The Queen City Development Bank | 0.00 | 292,086,484.52 | 0.00% |
| Tong Yang Savings Bank Inc. | 0.00 | 1,912,663.74 | 0.00% |
| Tower Development Bank | 0.00 | 16,517,153.24 | 0.00% |
| University Savings Bank | 0.00 | 3,199,448.37 | 0.00% |
| Village Bank, Inc. | 0.00 | 40,896,706.37 | 0.00% |
| Wealth Bank - A Development Bank | 0.00 | 53,030,314.84 | 0.00% |
| World Partners Bank (A Thrift Bank) | 0.00 | 113,910,362.30 | 0.00% |
| Allied Savings Bank | 0.00 | 0.00 | NA |
| Bataan Development Bank | 0.00 | 0.00 | NA |
| Bataan SLA | 0.00 | 0.00 | NA |
| BDO Elite Savings Bank | 0.00 | 0.00 | NA |
| BPI Globe Banko Inc. Savings Bank | 0.00 | 0.00 | NA |
| Business & Consumers Bank | 0.00 | 0.00 | NA |
| Card SME Bank Inc. (A Thrift Bank) | 0.00 | 0.00 | NA |
| Citibank Savings Inc. | 0.00 | 0.00 | NA |
| Dungganon Bank | 0.00 | 0.00 | NA |
| Enterprise Bank Inc. | 0.00 | 0.00 | NA |
| Merchants Savings & Loan Association Inc. | 0.00 | 0.00 | NA |
| Metro Cebu Public Savings Bank | 0.00 | 0.00 | NA |
| Microfinance Maximum SB (Maxbank) | 0.00 | 0.00 | NA |
| Northpoint Development Bank | 0.00 | 0.00 | NA |
| Pacific Ace Savings Bank | 0.00 | 0.00 | NA |
| Philippine Resources Savings Banking Corporation | 0.00 | 0.00 | NA |
| Pridestar Development Bank | 0.00 | 0.00 | NA |
| Progress SLA | 0.00 | 0.00 | NA |
| RCBC Savings Bank | 0.00 | 0.00 | NA |
| Sun Savings Bank | 0.00 | 0.00 | NA |
| United Overseas Bank Philippines | 0.00 | 0.00 | NA |
| Inter-Asia Development Bank | NA | NA | NA |
| Legazpi Savings Bank Inc. | NA | NA | NA |
| The Real Bank (A Thrift Bank) Inc. | NA | NA | NA |
| Grand Total | 507,801,201.57 | 5,668,557,339.22 | 8.96% |
Source: www.bsp.gov.ph
No comments:
Post a Comment