This blog post updates previous blog posts such as "Philippine Savings Bank Ranks Number One in Past Due DOSRI Loans as % of DOSRI Loans"
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 Banking Industry, Gross Non-Performing Loans stood at Php 119.770 billion as of March 31, 2014 - approximately 2.47% of the Philippine Banking Industry's Total Loan Portfolio of Php 4.846 trillion.
| Philippine Banking System | |||
| NPL as % of TLP | |||
| March 31, 2014 | |||
| Gross NPLs | Gross TLP | Gross NPL/ Gross TLP | |
| Bank | (In Php) | (In Php) | (In %) |
| COMSAVINGS BANK | 191,305,787.91 | 244,036,479.98 | 78.39% |
| UNITED OVERSEAS BANK PHILIPPINES | 665,448,276.65 | 851,692,211.99 | 78.13% |
| THE REAL BANK (A THRIFT BANK) INC | 2,665,857,090.78 | 4,461,926,453.82 | 59.75% |
| SAMPAGUITA SAVINGS BANK INC | 27,028,077.39 | 49,545,346.79 | 54.55% |
| MALASIQUI PROGRESSIVE SLB, INC | 23,758,506.25 | 48,916,409.25 | 48.57% |
| PROGRESS SAVINGS AND LOAN BANK INC | 1,247,829.54 | 2,749,017.82 | 45.39% |
| PACIFIC ACE SAVINGS BANK INC | 8,033,232.49 | 21,068,182.89 | 38.13% |
| NORTHPOINT DEV'T BANK INC | 50,239,956.29 | 144,750,729.41 | 34.71% |
| DUNGGANON BANK (A MICROFINANCE THRIFT | 34,773,345.24 | 102,204,595.67 | 34.02% |
| BPI GLOBE BANKO INC A SAVINGS BANK | 258,776,399.64 | 1,000,346,703.47 | 25.87% |
| OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE | 73,280,074.41 | 284,458,695.70 | 25.76% |
| WORLD PARTNERS BANK (A THRIFT BANK) | 102,728,095.15 | 419,498,256.45 | 24.49% |
| LEGAZPI SAVINGS BANK INC | 298,280,428.39 | 1,233,959,183.87 | 24.17% |
| PRIDE STAR DEVELOPMENT BANK INC | 8,882,515.92 | 36,755,673.39 | 24.17% |
| METRO CEBU PUBLIC SAVINGS BANK | 17,551,596.78 | 84,444,571.62 | 20.78% |
| TONGYANG SAVINGS BANK INC | 140,394,529.05 | 730,391,741.18 | 19.22% |
| MICROFINANCE MAXIMUM SB INC | 2,711,378.39 | 15,076,366.64 | 17.98% |
| PAMPANGA DEVELOPMENT BANK | 40,645,528.06 | 237,861,133.69 | 17.09% |
| FARMERS SAVINGS & LOAN BANK INC | 41,176,509.30 | 254,190,635.31 | 16.20% |
| LEMERY SAVINGS & LOAN BANK, INC. | 10,377,162.11 | 69,421,720.08 | 14.95% |
| BUSINESS AND CONSUMERS BANK (A DB) | 15,928,824.09 | 134,273,359.52 | 11.86% |
| MARITIME SAVINGS BANK CORPORATION | 16,625,205.32 | 141,406,537.28 | 11.76% |
| BATAAN DEVELOPMENT BANK | 21,736,980.10 | 186,328,727.35 | 11.67% |
| LIFE SAVINGS BANK INC | 9,499,865.50 | 81,496,798.71 | 11.66% |
| PHILIPPINE RESOURCES SAVINGS BANKING | 935,376,928.06 | 8,319,341,226.07 | 11.24% |
| UNIVERSITY SAVINGS BANK INC | 48,282,166.46 | 466,208,936.73 | 10.36% |
| QUEZON COCONUT BANK INC (A THRIFT BANK) | 3,073,050.56 | 31,438,166.14 | 9.77% |
| PLANTERS DEVELOPMENT BANK | 3,573,216,336.81 | 37,236,702,849.27 | 9.60% |
| HIYAS BANKING CORPORATION | 18,816,080.51 | 200,497,357.97 | 9.38% |
| DUMAGUETE CITY DEV BANK INC | 41,571,909.87 | 461,124,107.05 | 9.02% |
| PHIL POSTAL SAVINGS BANK INC | 387,713,709.40 | 4,833,850,750.42 | 8.02% |
| CORDILLERA SAVINGS BANK INC | 15,135,180.92 | 189,502,474.77 | 7.99% |
| LUZON DEVELOPMENT BANK | 188,268,285.57 | 2,394,866,826.78 | 7.86% |
| SECURITY BANK SAVINGS CORPORATION | 603,956,346.71 | 7,724,545,627.70 | 7.82% |
| EQUICOM SAVINGS BANK INC | 285,604,477.12 | 3,746,918,205.05 | 7.62% |
| WEALTH DEVELOPMENT BANK CORPORATION | 195,898,098.57 | 2,595,293,867.09 | 7.55% |
| UNION BANK OF THE PHILS | 9,264,016,489.58 | 128,221,809,380.12 | 7.22% |
| CENTURY SAVINGS BANK CORPORATION | 37,181,786.96 | 520,897,991.41 | 7.14% |
| BATAAN SAVINGS AND LOAN BANK | 2,838,338.85 | 41,433,913.91 | 6.85% |
| PHIL BANK OF COMMUNICATIONS | 1,369,863,596.82 | 20,756,290,056.94 | 6.60% |
| FIRST CONSOLIDATED BANK INC (A PDB) | 471,778,749.04 | 7,158,371,115.76 | 6.59% |
| CITYSTATE SAVINGS BANK INC | 118,808,414.32 | 1,810,230,313.95 | 6.56% |
| PRODUCERS SAVINGS BANK CORPORATION | 322,246,331.41 | 4,966,326,152.61 | 6.49% |
| BANK OF COMMERCE | 3,140,730,913.06 | 48,863,096,544.03 | 6.43% |
| THE PALAWAN BANK (PALAWAN DB) INC | 14,071,641.06 | 223,554,666.34 | 6.29% |
| UNITED COCONUT PLANTERS BANK | 5,711,874,624.13 | 96,988,637,865.17 | 5.89% |
| INTER-ASIA DEVELOPMENT BANK | 5,766,081.97 | 99,209,062.61 | 5.81% |
| PENBANK INC (A PDB) (FORMERLY: PENINSULA | 88,363,646.80 | 1,527,325,443.60 | 5.79% |
| VILLAGE BANK INC (A THRIFT BANK) | 21,639,438.67 | 374,907,456.25 | 5.77% |
| TOWER DEVELOPMENT BANK | 11,363,447.67 | 203,608,351.02 | 5.58% |
| MALAYAN BANK SAVINGS AND MORT BANK INC | 218,312,032.21 | 4,014,371,437.46 | 5.44% |
| ALLIED SAVINGS BANK | 436,778,077.39 | 8,198,142,423.58 | 5.33% |
| STERLING BANK OF ASIA INC (A SAVINGS | 804,918,619.51 | 16,144,549,848.53 | 4.99% |
| DEVELOPMENT BANK OF THE PHIL | 5,952,217,939.24 | 119,568,855,654.12 | 4.98% |
| EAST WEST BANKING CORP | 4,598,059,488.49 | 98,324,362,378.88 | 4.68% |
| QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK | 45,631,012.38 | 1,005,184,626.76 | 4.54% |
| RCBC SAVINGS BANK INC | 1,996,786,055.85 | 46,468,191,379.39 | 4.30% |
| CHINA BANK SAVINGS INC | 463,950,396.70 | 10,826,573,273.14 | 4.29% |
| PHILIPPINE VETERANS BANK | 953,671,205.86 | 22,590,186,586.48 | 4.22% |
| 1ST VALLEY BANK INC A DEVELOPMENT BANK | 227,611,007.05 | 5,467,962,025.45 | 4.16% |
| PHIL NATIONAL BANK | 10,323,540,398.06 | 250,973,703,395.23 | 4.11% |
| UCPB SAVINGS BANK | 353,568,135.78 | 8,746,709,670.00 | 4.04% |
| PHIL TRUST COMPANY | 1,146,303,968.20 | 31,436,312,063.28 | 3.65% |
| KOREA EXCHANGE BANK | 158,745,180.26 | 4,522,299,468.77 | 3.51% |
| ENTERPRISE BANK INC (A THRIFT BANK) | 52,061,188.50 | 1,512,465,877.64 | 3.44% |
| PHIL SAVINGS BANK | 3,852,498,544.36 | 113,552,096,919.58 | 3.39% |
| MAYBANK PHILIPPINES INC | 1,282,710,033.55 | 39,167,974,022.85 | 3.27% |
| STANDARD CHARTERED BANK | 1,572,054,950.49 | 49,125,051,261.75 | 3.20% |
| BANK ONE SAVINGS AND TRUST CORP. | 15,304,127.53 | 482,223,942.71 | 3.17% |
| BPI FAMILY SAVINGS BANK INC | 4,654,699,353.00 | 147,038,193,682.49 | 3.17% |
| SUN SAVINGS BANK INC | 6,955,500.63 | 241,205,650.33 | 2.88% |
| OPTIMUM DEVELOPMENT BANK INC | 18,286,790.21 | 729,079,458.18 | 2.51% |
| PHILIPPINE BUSINESS BANK INC A SAVINGS | 786,384,293.47 | 32,083,850,775.23 | 2.45% |
| ROBINSONS BANK CORPORATION | 450,161,983.95 | 18,508,605,305.77 | 2.43% |
| HONGKONG & SHANGHAI BANKING CORP | 1,186,140,410.67 | 51,164,190,088.37 | 2.32% |
| CARD SME BANK INC A THRIFT BANK | 21,670,955.37 | 963,091,893.04 | 2.25% |
| CTBC BANK (PHILIPPINES) CORP | 376,072,936.98 | 16,813,940,821.17 | 2.24% |
| ASIA UNITED BANK CORPORATION | 1,067,876,024.36 | 48,096,971,913.52 | 2.22% |
| LAND BANK OF THE PHILIPPINES | 7,718,631,312.24 | 353,112,876,351.38 | 2.19% |
| CHINA BANKING CORP | 4,085,461,652.86 | 223,400,449,015.90 | 1.83% |
| BDO UNIBANK INC | 17,110,528,484.20 | 960,941,277,879.78 | 1.78% |
| MERCHANTS SAVINGS & LOAN ASSN INC | 3,649,479.97 | 224,224,797.78 | 1.63% |
| RIZAL COMM'L BANKING CORP | 3,128,741,619.03 | 194,380,797,041.34 | 1.61% |
| BANK OF THE PHIL ISLANDS | 7,313,979,407.47 | 503,062,200,953.20 | 1.45% |
| BPI DIRECT SAVINGS BANK INC | 92,818,624.06 | 7,932,275,038.96 | 1.17% |
| CITIBANK, N.A. | 1,337,572,880.61 | 134,416,258,928.91 | 1.00% |
| SECURITY BANK CORP | 958,577,062.77 | 156,282,268,289.39 | 0.61% |
| METROPOLITAN BANK & TCO | 3,280,149,921.17 | 560,286,191,901.81 | 0.59% |
| AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS | 1,092,048.97 | 206,660,484.78 | 0.53% |
| HSBC SAVINGS BANK(PHILS) INC | 74,113,078.25 | 15,019,386,807.81 | 0.49% |
| BANK OF CHINA LIMITED-MANILA BRANCH | 8,660,895.91 | 6,112,732,761.34 | 0.14% |
| ANZ BANKING GROUP LTD | 23,339,114.85 | 24,473,735,308.99 | 0.10% |
| BANGKOK BANK PUBLIC CO LTD | 4,914,155.55 | 6,590,799,645.38 | 0.07% |
| JP MORGAN CHASE BANK NATIONAL ASSN. | 734,885.22 | 14,242,824,303.15 | 0.01% |
| BANK OF AMERICA N.A. | 4.00 | 958,483,769.18 | 0.00% |
| INTERNATIONALE NEDERLANDEN GROEP BK | 91.63 | 24,477,657,909.49 | 0.00% |
| BDO PRIVATE BANK, INC. | 0.00 | 13,717,744,550.02 | 0.00% |
| CITIBANK SAVINGS INC | 0.00 | 7,092,536.23 | 0.00% |
| DEUTSCHE BANK AG | 0.00 | 39,391,719,196.59 | 0.00% |
| ISLA BANK(A THRIFT BANK) INC | 0.00 | 598,941,741.67 | 0.00% |
| MEGA INT'L COMM'L BANK CO LTD | 0.00 | 8,800,843,706.78 | 0.00% |
| MIZUHO BANK LTD - MANILA BRANCH | 0.00 | 23,856,598,959.23 | 0.00% |
| THE BNK OF TOKYO-MITSUBISHI UFJ LTD | 0.00 | 35,899,980,232.67 | 0.00% |
| BDO ELITE SAVINGS BANK INC | 0.00 | 0.00 | NA |
| CITY SAVINGS BANK | NA | NA | NA |
| Grand Total | 119,769,678,594.46 | 4,846,953,156,196.10 | 2.47% |
Source: www.bsp.gov.ph
There are nine Philippine Banks with an Gross NPL Ratio greater than 30% of Total Loan Portfolio (TLP). These are as follows:
Of these banks, two banks are considered distressed:
- Comsavings Bank (78.39% of TLP)
- United Overseas Bank Philippines (78.13% of TLP)
- The Real Bank (59.75% of TLP)
- Sampaguita Savings Bank Inc. (54.55% of TLP)
- Malasiqui Progressive SLB, Inc. (48.57% of TLP)
- Progress Savings and Loan Bank Inc. (45.39% of TLP)
- Pacific Ace Savings Bank (38.13% of TLP)
- Northpoint Development Bank (34.71% of TLP)
- Dungganon Bank (34.02% of TLP)
Of these banks, two banks are considered distressed:
- Comsavings Bank (formerly GSIS Family Bank)
- The Real Bank
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 will most likely 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 Banks amounted to 11.65% of Stockholders Equity as of March 31, 2014.
| Philippine Banking System | |||
| NPL as % of SE | |||
| March 31, 2014 | |||
| NPL | SE | NPL/SE | |
| Bank | (In PHP) | (In PHP) | (In %) |
| THE REAL BANK (A THRIFT BANK) INC | 2,665,857,090.78 | 623,169,811.49 | 427.79% |
| BPI GLOBE BANKO INC A SAVINGS BANK | 258,776,399.64 | 152,910,249.12 | 169.23% |
| WORLD PARTNERS BANK (A THRIFT BANK) | 102,728,095.15 | 80,585,454.05 | 127.48% |
| PLANTERS DEVELOPMENT BANK | 3,573,216,336.81 | 2,962,516,124.60 | 120.61% |
| COMSAVINGS BANK | 191,305,787.91 | 182,352,184.78 | 104.91% |
| STANDARD CHARTERED BANK | 1,572,054,950.49 | 1,666,384,056.91 | 94.34% |
| LEGAZPI SAVINGS BANK INC | 298,280,428.39 | 337,575,540.91 | 88.36% |
| NORTHPOINT DEV'T BANK INC | 50,239,956.29 | 64,659,809.94 | 77.70% |
| OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE | 73,280,074.41 | 102,749,325.53 | 71.32% |
| SECURITY BANK SAVINGS CORPORATION | 603,956,346.71 | 987,411,819.09 | 61.17% |
| PHILIPPINE RESOURCES SAVINGS BANKING | 935,376,928.06 | 1,662,827,636.60 | 56.25% |
| UNITED OVERSEAS BANK PHILIPPINES | 665,448,276.65 | 1,264,480,366.89 | 52.63% |
| WEALTH DEVELOPMENT BANK CORPORATION | 195,898,098.57 | 373,531,565.95 | 52.44% |
| STERLING BANK OF ASIA INC (A SAVINGS | 804,918,619.51 | 1,550,771,793.07 | 51.90% |
| EQUICOM SAVINGS BANK INC | 285,604,477.12 | 553,343,969.61 | 51.61% |
| THE PALAWAN BANK (PALAWAN DB) INC | 14,071,641.06 | 27,795,358.05 | 50.63% |
| PHIL POSTAL SAVINGS BANK INC | 387,713,709.40 | 792,374,957.78 | 48.93% |
| SAMPAGUITA SAVINGS BANK INC | 27,028,077.39 | 57,672,342.21 | 46.86% |
| ALLIED SAVINGS BANK | 436,778,077.39 | 963,266,165.32 | 45.34% |
| MALASIQUI PROGRESSIVE SLB, INC | 23,758,506.25 | 54,677,057.82 | 43.45% |
| DUNGGANON BANK (A MICROFINANCE THRIFT | 34,773,345.24 | 90,348,361.85 | 38.49% |
| LUZON DEVELOPMENT BANK | 188,268,285.57 | 494,724,410.20 | 38.06% |
| TONGYANG SAVINGS BANK INC | 140,394,529.05 | 388,809,256.43 | 36.11% |
| PENBANK INC (A PDB) (FORMERLY: PENINSULA | 88,363,646.80 | 249,183,698.85 | 35.46% |
| FARMERS SAVINGS & LOAN BANK INC | 41,176,509.30 | 116,414,913.18 | 35.37% |
| PAMPANGA DEVELOPMENT BANK | 40,645,528.06 | 118,955,453.11 | 34.17% |
| KOREA EXCHANGE BANK | 158,745,180.26 | 480,909,788.62 | 33.01% |
| BATAAN DEVELOPMENT BANK | 21,736,980.10 | 68,019,741.89 | 31.96% |
| RCBC SAVINGS BANK INC | 1,996,786,055.85 | 6,452,786,425.53 | 30.94% |
| PHIL BANK OF COMMUNICATIONS | 1,369,863,596.82 | 4,472,824,414.17 | 30.63% |
| UNITED COCONUT PLANTERS BANK | 5,711,874,624.13 | 19,877,073,858.92 | 28.74% |
| VILLAGE BANK INC (A THRIFT BANK) | 21,639,438.67 | 77,175,718.91 | 28.04% |
| CHINA BANK SAVINGS INC | 463,950,396.70 | 1,680,952,906.29 | 27.60% |
| METRO CEBU PUBLIC SAVINGS BANK | 17,551,596.78 | 64,050,550.49 | 27.40% |
| MARITIME SAVINGS BANK CORPORATION | 16,625,205.32 | 62,296,104.59 | 26.69% |
| PRODUCERS SAVINGS BANK CORPORATION | 322,246,331.41 | 1,215,363,319.51 | 26.51% |
| PHIL SAVINGS BANK | 3,852,498,544.36 | 15,229,885,315.52 | 25.30% |
| BPI FAMILY SAVINGS BANK INC | 4,654,699,353.00 | 18,563,852,659.29 | 25.07% |
| BANK OF COMMERCE | 3,140,730,913.06 | 13,184,273,245.48 | 23.82% |
| ENTERPRISE BANK INC (A THRIFT BANK) | 52,061,188.50 | 219,921,441.20 | 23.67% |
| EAST WEST BANKING CORP | 4,598,059,488.49 | 19,488,602,756.57 | 23.59% |
| UNION BANK OF THE PHILS | 9,264,016,489.58 | 39,604,317,566.75 | 23.39% |
| UNIVERSITY SAVINGS BANK INC | 48,282,166.46 | 219,269,486.25 | 22.02% |
| 1ST VALLEY BANK INC A DEVELOPMENT BANK | 227,611,007.05 | 1,073,900,287.47 | 21.19% |
| MALAYAN BANK SAVINGS AND MORT BANK INC | 218,312,032.21 | 1,054,678,882.87 | 20.70% |
| DUMAGUETE CITY DEV BANK INC | 41,571,909.87 | 213,345,382.52 | 19.49% |
| HONGKONG & SHANGHAI BANKING CORP | 1,186,140,410.67 | 6,101,749,058.38 | 19.44% |
| BUSINESS AND CONSUMERS BANK (A DB) | 15,928,824.09 | 82,328,718.85 | 19.35% |
| FIRST CONSOLIDATED BANK INC (A PDB) | 471,778,749.04 | 2,618,040,856.36 | 18.02% |
| CITIBANK, N.A. | 1,337,572,880.61 | 7,568,976,199.15 | 17.67% |
| PHILIPPINE VETERANS BANK | 953,671,205.86 | 5,840,262,371.45 | 16.33% |
| CITYSTATE SAVINGS BANK INC | 118,808,414.32 | 734,307,159.32 | 16.18% |
| CORDILLERA SAVINGS BANK INC | 15,135,180.92 | 101,920,877.44 | 14.85% |
| DEVELOPMENT BANK OF THE PHIL | 5,952,217,939.24 | 40,094,459,800.95 | 14.85% |
| LEMERY SAVINGS & LOAN BANK, INC. | 10,377,162.11 | 72,217,211.14 | 14.37% |
| LIFE SAVINGS BANK INC | 9,499,865.50 | 67,757,354.91 | 14.02% |
| PHIL NATIONAL BANK | 10,323,540,398.06 | 78,098,746,199.06 | 13.22% |
| UCPB SAVINGS BANK | 353,568,135.78 | 2,730,465,559.23 | 12.95% |
| MAYBANK PHILIPPINES INC | 1,282,710,033.55 | 10,384,055,196.64 | 12.35% |
| PRIDE STAR DEVELOPMENT BANK INC | 8,882,515.92 | 74,725,625.76 | 11.89% |
| HIYAS BANKING CORPORATION | 18,816,080.51 | 161,399,880.28 | 11.66% |
| LAND BANK OF THE PHILIPPINES | 7,718,631,312.24 | 67,638,813,297.23 | 11.41% |
| INTER-ASIA DEVELOPMENT BANK | 5,766,081.97 | 52,501,490.26 | 10.98% |
| PHILIPPINE BUSINESS BANK INC A SAVINGS | 786,384,293.47 | 7,358,693,887.87 | 10.69% |
| PACIFIC ACE SAVINGS BANK INC | 8,033,232.49 | 76,986,659.97 | 10.43% |
| BDO UNIBANK INC | 17,110,528,484.20 | 165,466,057,134.09 | 10.34% |
| TOWER DEVELOPMENT BANK | 11,363,447.67 | 114,419,099.22 | 9.93% |
| CHINA BANKING CORP | 4,085,461,652.86 | 41,863,129,705.04 | 9.76% |
| BPI DIRECT SAVINGS BANK INC | 92,818,624.06 | 1,038,535,786.97 | 8.94% |
| ROBINSONS BANK CORPORATION | 450,161,983.95 | 5,239,101,313.23 | 8.59% |
| CARD SME BANK INC A THRIFT BANK | 21,670,955.37 | 291,104,890.74 | 7.44% |
| MICROFINANCE MAXIMUM SB INC | 2,711,378.39 | 38,321,311.19 | 7.08% |
| QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK | 45,631,012.38 | 659,366,771.59 | 6.92% |
| RIZAL COMM'L BANKING CORP | 3,128,741,619.03 | 45,331,529,316.16 | 6.90% |
| SUN SAVINGS BANK INC | 6,955,500.63 | 104,537,929.83 | 6.65% |
| CTBC BANK (PHILIPPINES) CORP | 376,072,936.98 | 6,392,598,403.91 | 5.88% |
| BANK OF THE PHIL ISLANDS | 7,313,979,407.47 | 126,212,538,457.67 | 5.79% |
| ASIA UNITED BANK CORPORATION | 1,067,876,024.36 | 18,505,614,444.76 | 5.77% |
| PHIL TRUST COMPANY | 1,146,303,968.20 | 21,083,481,851.29 | 5.44% |
| QUEZON COCONUT BANK INC (A THRIFT BANK) | 3,073,050.56 | 58,691,004.89 | 5.24% |
| CENTURY SAVINGS BANK CORPORATION | 37,181,786.96 | 916,937,801.45 | 4.05% |
| BATAAN SAVINGS AND LOAN BANK | 2,838,338.85 | 72,157,228.01 | 3.93% |
| HSBC SAVINGS BANK(PHILS) INC | 74,113,078.25 | 2,578,035,862.71 | 2.87% |
| BANK ONE SAVINGS AND TRUST CORP. | 15,304,127.53 | 544,534,902.56 | 2.81% |
| OPTIMUM DEVELOPMENT BANK INC | 18,286,790.21 | 713,672,445.02 | 2.56% |
| METROPOLITAN BANK & TCO | 3,280,149,921.17 | 130,598,953,354.14 | 2.51% |
| SECURITY BANK CORP | 958,577,062.77 | 42,016,799,127.69 | 2.28% |
| PROGRESS SAVINGS AND LOAN BANK INC | 1,247,829.54 | 82,292,284.97 | 1.52% |
| BANK OF CHINA LIMITED-MANILA BRANCH | 8,660,895.91 | 797,420,382.03 | 1.09% |
| MERCHANTS SAVINGS & LOAN ASSN INC | 3,649,479.97 | 471,236,692.40 | 0.77% |
| ANZ BANKING GROUP LTD | 23,339,114.85 | 3,302,947,026.06 | 0.71% |
| BANGKOK BANK PUBLIC CO LTD | 4,914,155.55 | 1,121,635,525.23 | 0.44% |
| AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS | 1,092,048.97 | 381,793,454.58 | 0.29% |
| JP MORGAN CHASE BANK NATIONAL ASSN. | 734,885.22 | 1,415,521,783.62 | 0.05% |
| INTERNATIONALE NEDERLANDEN GROEP BK | 91.63 | 2,532,701,534.05 | 0.00% |
| BANK OF AMERICA N.A. | 4.00 | 596,946,705.20 | 0.00% |
| BDO ELITE SAVINGS BANK INC | 0.00 | 807,091,446.79 | 0.00% |
| BDO PRIVATE BANK, INC. | 0.00 | 5,435,347,034.96 | 0.00% |
| CITIBANK SAVINGS INC | 0.00 | 971,883,844.42 | 0.00% |
| DEUTSCHE BANK AG | 0.00 | 1,577,747,405.91 | 0.00% |
| ISLA BANK(A THRIFT BANK) INC | 0.00 | 649,558,600.52 | 0.00% |
| MEGA INT'L COMM'L BANK CO LTD | 0.00 | 1,878,799,338.87 | 0.00% |
| MIZUHO BANK LTD - MANILA BRANCH | 0.00 | 2,724,745,253.27 | 0.00% |
| THE BNK OF TOKYO-MITSUBISHI UFJ LTD | 0.00 | 4,581,085,136.29 | 0.00% |
| CITY SAVINGS BANK | NA | NA | NA |
| Grand Total | 119,769,678,594.46 | 1,028,250,270,531.76 | 11.65% |
Source: www.bsp.gov.ph
Of the 105 banks in this list, thirty banks have a Gross NPL to Stockholders Equity Ratio of 30% or more as of March 31, 2014. These banks are as follows:
- The Real Bank (427.79% of SE)
- BPI Globe Banko Inc. (169.23% of SE)
- World Partners Bank (127.48% of SE)
- Planters Development Bank (120.61% of SE)
- Comsavings Bank (104.91% of SE)
- Standard Chartered Bank (94.34% of SE)
- Legazpi Savings Bank (88.36% of SE)
- Northpoint Development Bank (77.70% of SE)
- Opportunity Kauswagan Bank, Inc. (71.32% of SE)
- Security Bank Savings Corporation (61.17% of SE)
- Philippine Resources Savings Banking Corporation (56.25% of SE)
- United Overseas Bank Philippines (52.63% of SE)
- Wealth Development Bank Corporation (52.44% of SE)
- Sterling Bank of Asia, Inc. (51.90% of SE)
- Equicom Savings Bank Inc. (51.61% of SE)
- The Palawan Bank (50.63% of SE)
- Philippine Postal Savings Bank (48.93% of SE)
- Sampaguita Savings Bank (46.86% of SE)
- Allied Savings Bank (45.34% of SE)
- Malasiqui Progressive SLB, Inc. (43.45% of SE)
- Dungganon Bank (38.49% of SE)
- Luzon Development Bank (38.06% of SE)
- Tongyang Savings Bank Inc. (36.11% of SE)
- Penbank Inc (35.46% of SE)
- Farmers Savings & Loan Bank Inc. (35.37% of SE)
- Pampanga Development Bank (34.17% of SE)
- Korea Exchange Bank (33.01% of SE)
- Bataan Development Bank (31.96% of SE)
- RCBC Savings Bank Inc (30.94% of SE)
- Philippine Bank of Communications (30.63% of SE)
Another indicator of a bank's financial health is the level of DOSRI Loans (Loans made by the bank to related parties such as Directors, Officers, Stockholders, and Related Interests) 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 Banks amounted to only 4.38% of their Total Loan Portfolio as of March 31, 2014. Of the 105 banks, twenty-nine banks reported having no DOSRI Loans. Of the seventy-five banks with DOSRI Loans, thirty-six banks had DOSRI Loans that made up less than 1% of their Total Loan Portfolios. However, five banks had DOSRI Loans that comprised more than 15% of their Total Loan Portfolios. They are as follows:
- Development Bank of the Philippines (26.98% of TLP)
- Queen City Development Bank (22.63% of TLP)
- World Partners Bank (20.26% of TLP)
- Citystate Savings Bank Inc. (19.37% of TLP)
- Land Bank of the Philippines (18.83% of TLP)
| Philippine Banking System | |||
| DOSRI as % of TLP | |||
| March 31, 2014 | |||
| DOSRI | TLP | DOSRI/TLP | |
| Bank | (In Php) | (In PHP) | (In %) |
| DEVELOPMENT BANK OF THE PHIL | 32,256,634,583.89 | 119,568,855,654.12 | 26.98% |
| QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK | 227,444,256.14 | 1,005,184,626.76 | 22.63% |
| WORLD PARTNERS BANK (A THRIFT BANK) | 85,004,000.59 | 419,498,256.45 | 20.26% |
| CITYSTATE SAVINGS BANK INC | 350,635,322.48 | 1,810,230,313.95 | 19.37% |
| LAND BANK OF THE PHILIPPINES | 66,485,337,572.61 | 353,112,876,351.38 | 18.83% |
| LIFE SAVINGS BANK INC | 11,198,745.77 | 81,496,798.71 | 13.74% |
| TOWER DEVELOPMENT BANK | 25,346,533.22 | 203,608,351.02 | 12.45% |
| PENBANK INC (A PDB) (FORMERLY: PENINSULA | 183,881,499.34 | 1,527,325,443.60 | 12.04% |
| HIYAS BANKING CORPORATION | 23,963,282.54 | 200,497,357.97 | 11.95% |
| VILLAGE BANK INC (A THRIFT BANK) | 44,696,633.29 | 374,907,456.25 | 11.92% |
| INTER-ASIA DEVELOPMENT BANK | 10,774,774.46 | 99,209,062.61 | 10.86% |
| QUEZON COCONUT BANK INC (A THRIFT BANK) | 3,123,085.23 | 31,438,166.14 | 9.93% |
| OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE | 22,197,785.27 | 284,458,695.70 | 7.80% |
| EAST WEST BANKING CORP | 6,393,830,213.72 | 98,324,362,378.88 | 6.50% |
| BDO UNIBANK INC | 62,065,298,306.83 | 960,941,277,879.78 | 6.46% |
| DUMAGUETE CITY DEV BANK INC | 29,487,341.81 | 461,124,107.05 | 6.39% |
| PAMPANGA DEVELOPMENT BANK | 14,868,266.53 | 237,861,133.69 | 6.25% |
| BANK ONE SAVINGS AND TRUST CORP. | 29,800,000.00 | 482,223,942.71 | 6.18% |
| SAMPAGUITA SAVINGS BANK INC | 3,056,824.88 | 49,545,346.79 | 6.17% |
| OPTIMUM DEVELOPMENT BANK INC | 44,463,145.49 | 729,079,458.18 | 6.10% |
| ROBINSONS BANK CORPORATION | 1,029,722,382.93 | 18,508,605,305.77 | 5.56% |
| CENTURY SAVINGS BANK CORPORATION | 27,328,437.45 | 520,897,991.41 | 5.25% |
| STERLING BANK OF ASIA INC (A SAVINGS | 837,169,173.58 | 16,144,549,848.53 | 5.19% |
| BANK OF AMERICA N.A. | 46,141,596.41 | 958,483,769.18 | 4.81% |
| COMSAVINGS BANK | 10,845,689.95 | 244,036,479.98 | 4.44% |
| PHILIPPINE BUSINESS BANK INC A SAVINGS | 1,214,885,963.08 | 32,083,850,775.23 | 3.79% |
| LUZON DEVELOPMENT BANK | 86,295,246.06 | 2,394,866,826.78 | 3.60% |
| WEALTH DEVELOPMENT BANK CORPORATION | 87,627,152.56 | 2,595,293,867.09 | 3.38% |
| RIZAL COMM'L BANKING CORP | 6,002,230,645.60 | 194,380,797,041.34 | 3.09% |
| BANK OF THE PHIL ISLANDS | 15,337,258,181.08 | 503,062,200,953.20 | 3.05% |
| CHINA BANKING CORP | 6,260,259,052.15 | 223,400,449,015.90 | 2.80% |
| MALASIQUI PROGRESSIVE SLB, INC | 1,230,000.00 | 48,916,409.25 | 2.51% |
| BANK OF COMMERCE | 1,107,492,505.37 | 48,863,096,544.03 | 2.27% |
| PHIL POSTAL SAVINGS BANK INC | 108,546,215.13 | 4,833,850,750.42 | 2.25% |
| MARITIME SAVINGS BANK CORPORATION | 3,132,967.02 | 141,406,537.28 | 2.22% |
| CORDILLERA SAVINGS BANK INC | 3,600,241.08 | 189,502,474.77 | 1.90% |
| PRODUCERS SAVINGS BANK CORPORATION | 89,311,975.81 | 4,966,326,152.61 | 1.80% |
| PHIL SAVINGS BANK | 1,602,450,093.99 | 113,552,096,919.58 | 1.41% |
| PHIL NATIONAL BANK | 3,059,232,335.55 | 250,973,703,395.23 | 1.22% |
| MALAYAN BANK SAVINGS AND MORT BANK INC | 39,370,933.25 | 4,014,371,437.46 | 0.98% |
| THE PALAWAN BANK (PALAWAN DB) INC | 2,062,378.08 | 223,554,666.34 | 0.92% |
| METROPOLITAN BANK & TCO | 4,960,750,788.03 | 560,286,191,901.81 | 0.89% |
| HONGKONG & SHANGHAI BANKING CORP | 438,616,389.95 | 51,164,190,088.37 | 0.86% |
| PLANTERS DEVELOPMENT BANK | 223,409,892.50 | 37,236,702,849.27 | 0.60% |
| HSBC SAVINGS BANK(PHILS) INC | 62,907,048.39 | 15,019,386,807.81 | 0.42% |
| UNION BANK OF THE PHILS | 432,776,156.67 | 128,221,809,380.12 | 0.34% |
| JP MORGAN CHASE BANK NATIONAL ASSN. | 47,806,366.43 | 14,242,824,303.15 | 0.34% |
| LEGAZPI SAVINGS BANK INC | 3,549,431.49 | 1,233,959,183.87 | 0.29% |
| SECURITY BANK CORP | 438,799,709.72 | 156,282,268,289.39 | 0.28% |
| SECURITY BANK SAVINGS CORPORATION | 18,769,458.56 | 7,724,545,627.70 | 0.24% |
| UNITED COCONUT PLANTERS BANK | 215,514,110.63 | 96,988,637,865.17 | 0.22% |
| PHILIPPINE VETERANS BANK | 46,775,953.33 | 22,590,186,586.48 | 0.21% |
| ASIA UNITED BANK CORPORATION | 92,360,690.46 | 48,096,971,913.52 | 0.19% |
| ENTERPRISE BANK INC (A THRIFT BANK) | 2,325,000.00 | 1,512,465,877.64 | 0.15% |
| ANZ BANKING GROUP LTD | 36,919,971.01 | 24,473,735,308.99 | 0.15% |
| FIRST CONSOLIDATED BANK INC (A PDB) | 9,018,496.50 | 7,158,371,115.76 | 0.13% |
| CTBC BANK (PHILIPPINES) CORP | 20,342,320.76 | 16,813,940,821.17 | 0.12% |
| PHIL TRUST COMPANY | 36,996,947.92 | 31,436,312,063.28 | 0.12% |
| RCBC SAVINGS BANK INC | 52,664,137.99 | 46,468,191,379.39 | 0.11% |
| PHIL BANK OF COMMUNICATIONS | 23,005,296.05 | 20,756,290,056.94 | 0.11% |
| EQUICOM SAVINGS BANK INC | 3,576,224.96 | 3,746,918,205.05 | 0.10% |
| CHINA BANK SAVINGS INC | 8,902,108.26 | 10,826,573,273.14 | 0.08% |
| TONGYANG SAVINGS BANK INC | 540,342.64 | 730,391,741.18 | 0.07% |
| FARMERS SAVINGS & LOAN BANK INC | 133,480.71 | 254,190,635.31 | 0.05% |
| MAYBANK PHILIPPINES INC | 19,187,980.01 | 39,167,974,022.85 | 0.05% |
| THE BNK OF TOKYO-MITSUBISHI UFJ LTD | 12,566,683.40 | 35,899,980,232.67 | 0.04% |
| STANDARD CHARTERED BANK | 16,767,384.27 | 49,125,051,261.75 | 0.03% |
| UCPB SAVINGS BANK | 2,955,631.45 | 8,746,709,670.00 | 0.03% |
| BPI FAMILY SAVINGS BANK INC | 29,535,824.88 | 147,038,193,682.49 | 0.02% |
| BPI DIRECT SAVINGS BANK INC | 995,403.15 | 7,932,275,038.96 | 0.01% |
| ALLIED SAVINGS BANK | 749,967.69 | 8,198,142,423.58 | 0.01% |
| KOREA EXCHANGE BANK | 342,000.00 | 4,522,299,468.77 | 0.01% |
| UNITED OVERSEAS BANK PHILIPPINES | 19,274.34 | 851,692,211.99 | 0.00% |
| ISLA BANK(A THRIFT BANK) INC | 11,205.08 | 598,941,741.67 | 0.00% |
| CITIBANK, N.A. | 33,537.00 | 134,416,258,928.91 | 0.00% |
| 1ST VALLEY BANK INC A DEVELOPMENT BANK | 0.00 | 5,467,962,025.45 | 0.00% |
| AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS | 0.00 | 206,660,484.78 | 0.00% |
| BANGKOK BANK PUBLIC CO LTD | 0.00 | 6,590,799,645.38 | 0.00% |
| BANK OF CHINA LIMITED-MANILA BRANCH | 0.00 | 6,112,732,761.34 | 0.00% |
| BATAAN DEVELOPMENT BANK | 0.00 | 186,328,727.35 | 0.00% |
| BATAAN SAVINGS AND LOAN BANK | 0.00 | 41,433,913.91 | 0.00% |
| BDO PRIVATE BANK, INC. | 0.00 | 13,717,744,550.02 | 0.00% |
| BPI GLOBE BANKO INC A SAVINGS BANK | 0.00 | 1,000,346,703.47 | 0.00% |
| BUSINESS AND CONSUMERS BANK (A DB) | 0.00 | 134,273,359.52 | 0.00% |
| CARD SME BANK INC A THRIFT BANK | 0.00 | 963,091,893.04 | 0.00% |
| CITIBANK SAVINGS INC | 0.00 | 7,092,536.23 | 0.00% |
| DEUTSCHE BANK AG | 0.00 | 39,391,719,196.59 | 0.00% |
| DUNGGANON BANK (A MICROFINANCE THRIFT | 0.00 | 102,204,595.67 | 0.00% |
| INTERNATIONALE NEDERLANDEN GROEP BK | 0.00 | 24,477,657,909.49 | 0.00% |
| LEMERY SAVINGS & LOAN BANK, INC. | 0.00 | 69,421,720.08 | 0.00% |
| MEGA INT'L COMM'L BANK CO LTD | 0.00 | 8,800,843,706.78 | 0.00% |
| MERCHANTS SAVINGS & LOAN ASSN INC | 0.00 | 224,224,797.78 | 0.00% |
| METRO CEBU PUBLIC SAVINGS BANK | 0.00 | 84,444,571.62 | 0.00% |
| MICROFINANCE MAXIMUM SB INC | 0.00 | 15,076,366.64 | 0.00% |
| MIZUHO BANK LTD - MANILA BRANCH | 0.00 | 23,856,598,959.23 | 0.00% |
| NORTHPOINT DEV'T BANK INC | 0.00 | 144,750,729.41 | 0.00% |
| PACIFIC ACE SAVINGS BANK INC | 0.00 | 21,068,182.89 | 0.00% |
| PHILIPPINE RESOURCES SAVINGS BANKING | 0.00 | 8,319,341,226.07 | 0.00% |
| PRIDE STAR DEVELOPMENT BANK INC | 0.00 | 36,755,673.39 | 0.00% |
| PROGRESS SAVINGS AND LOAN BANK INC | 0.00 | 2,749,017.82 | 0.00% |
| SUN SAVINGS BANK INC | 0.00 | 241,205,650.33 | 0.00% |
| THE REAL BANK (A THRIFT BANK) INC | 0.00 | 4,461,926,453.82 | 0.00% |
| UNIVERSITY SAVINGS BANK INC | 0.00 | 466,208,936.73 | 0.00% |
| BDO ELITE SAVINGS BANK INC | 0.00 | 0.00 | NA |
| CITY SAVINGS BANK | NA | NA | NA |
| Grand Total | 212,526,860,554.45 | 4,846,953,156,196.10 | 4.38% |
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 Banks amounted to 20.67% of Stockholders Equity as of March 31, 2014.
Three banks have DOSRI Loans that exceed 80% of their capital. These are as follows:
- World Partners Bank (105.48% of SE)
- Land Bank of the Philippines (98.29% of SE)
- Development Bank of the Philippines (80.45% of SE)
Philippine Banking System |
|||
| DOSRI as % of Stockholders Equity | |||
| March 31, 2014 | |||
| DOSRI | SE | DOSRI/SE | |
| Bank | (In Php) | (In PHP) | (In %) |
| WORLD PARTNERS BANK (A THRIFT BANK) | 85,004,000.59 | 80,585,454.05 | 105.48% |
| LAND BANK OF THE PHILIPPINES | 66,485,337,572.61 | 67,638,813,297.23 | 98.29% |
| DEVELOPMENT BANK OF THE PHIL | 32,256,634,583.89 | 40,094,459,800.95 | 80.45% |
| PENBANK INC (A PDB) (FORMERLY: PENINSULA | 183,881,499.34 | 249,183,698.85 | 73.79% |
| VILLAGE BANK INC (A THRIFT BANK) | 44,696,633.29 | 77,175,718.91 | 57.92% |
| STERLING BANK OF ASIA INC (A SAVINGS | 837,169,173.58 | 1,550,771,793.07 | 53.98% |
| CITYSTATE SAVINGS BANK INC | 350,635,322.48 | 734,307,159.32 | 47.75% |
| BDO UNIBANK INC | 62,065,298,306.83 | 165,466,057,134.09 | 37.51% |
| QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK | 227,444,256.14 | 659,366,771.59 | 34.49% |
| EAST WEST BANKING CORP | 6,393,830,213.72 | 19,488,602,756.57 | 32.81% |
| WEALTH DEVELOPMENT BANK CORPORATION | 87,627,152.56 | 373,531,565.95 | 23.46% |
| TOWER DEVELOPMENT BANK | 25,346,533.22 | 114,419,099.22 | 22.15% |
| OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE | 22,197,785.27 | 102,749,325.53 | 21.60% |
| INTER-ASIA DEVELOPMENT BANK | 10,774,774.46 | 52,501,490.26 | 20.52% |
| ROBINSONS BANK CORPORATION | 1,029,722,382.93 | 5,239,101,313.23 | 19.65% |
| LUZON DEVELOPMENT BANK | 86,295,246.06 | 494,724,410.20 | 17.44% |
| LIFE SAVINGS BANK INC | 11,198,745.77 | 67,757,354.91 | 16.53% |
| PHILIPPINE BUSINESS BANK INC A SAVINGS | 1,214,885,963.08 | 7,358,693,887.87 | 16.51% |
| CHINA BANKING CORP | 6,260,259,052.15 | 41,863,129,705.04 | 14.95% |
| HIYAS BANKING CORPORATION | 23,963,282.54 | 161,399,880.28 | 14.85% |
| DUMAGUETE CITY DEV BANK INC | 29,487,341.81 | 213,345,382.52 | 13.82% |
| PHIL POSTAL SAVINGS BANK INC | 108,546,215.13 | 792,374,957.78 | 13.70% |
| RIZAL COMM'L BANKING CORP | 6,002,230,645.60 | 45,331,529,316.16 | 13.24% |
| PAMPANGA DEVELOPMENT BANK | 14,868,266.53 | 118,955,453.11 | 12.50% |
| BANK OF THE PHIL ISLANDS | 15,337,258,181.08 | 126,212,538,457.67 | 12.15% |
| PHIL SAVINGS BANK | 1,602,450,093.99 | 15,229,885,315.52 | 10.52% |
| BANK OF COMMERCE | 1,107,492,505.37 | 13,184,273,245.48 | 8.40% |
| BANK OF AMERICA N.A. | 46,141,596.41 | 596,946,705.20 | 7.73% |
| PLANTERS DEVELOPMENT BANK | 223,409,892.50 | 2,962,516,124.60 | 7.54% |
| THE PALAWAN BANK (PALAWAN DB) INC | 2,062,378.08 | 27,795,358.05 | 7.42% |
| PRODUCERS SAVINGS BANK CORPORATION | 89,311,975.81 | 1,215,363,319.51 | 7.35% |
| HONGKONG & SHANGHAI BANKING CORP | 438,616,389.95 | 6,101,749,058.38 | 7.19% |
| OPTIMUM DEVELOPMENT BANK INC | 44,463,145.49 | 713,672,445.02 | 6.23% |
| COMSAVINGS BANK | 10,845,689.95 | 182,352,184.78 | 5.95% |
| BANK ONE SAVINGS AND TRUST CORP. | 29,800,000.00 | 544,534,902.56 | 5.47% |
| QUEZON COCONUT BANK INC (A THRIFT BANK) | 3,123,085.23 | 58,691,004.89 | 5.32% |
| SAMPAGUITA SAVINGS BANK INC | 3,056,824.88 | 57,672,342.21 | 5.30% |
| MARITIME SAVINGS BANK CORPORATION | 3,132,967.02 | 62,296,104.59 | 5.03% |
| PHIL NATIONAL BANK | 3,059,232,335.55 | 78,098,746,199.06 | 3.92% |
| METROPOLITAN BANK & TCO | 4,960,750,788.03 | 130,598,953,354.14 | 3.80% |
| MALAYAN BANK SAVINGS AND MORT BANK INC | 39,370,933.25 | 1,054,678,882.87 | 3.73% |
| CORDILLERA SAVINGS BANK INC | 3,600,241.08 | 101,920,877.44 | 3.53% |
| JP MORGAN CHASE BANK NATIONAL ASSN. | 47,806,366.43 | 1,415,521,783.62 | 3.38% |
| CENTURY SAVINGS BANK CORPORATION | 27,328,437.45 | 916,937,801.45 | 2.98% |
| HSBC SAVINGS BANK(PHILS) INC | 62,907,048.39 | 2,578,035,862.71 | 2.44% |
| MALASIQUI PROGRESSIVE SLB, INC | 1,230,000.00 | 54,677,057.82 | 2.25% |
| SECURITY BANK SAVINGS CORPORATION | 18,769,458.56 | 987,411,819.09 | 1.90% |
| ANZ BANKING GROUP LTD | 36,919,971.01 | 3,302,947,026.06 | 1.12% |
| UNION BANK OF THE PHILS | 432,776,156.67 | 39,604,317,566.75 | 1.09% |
| UNITED COCONUT PLANTERS BANK | 215,514,110.63 | 19,877,073,858.92 | 1.08% |
| ENTERPRISE BANK INC (A THRIFT BANK) | 2,325,000.00 | 219,921,441.20 | 1.06% |
| LEGAZPI SAVINGS BANK INC | 3,549,431.49 | 337,575,540.91 | 1.05% |
| SECURITY BANK CORP | 438,799,709.72 | 42,016,799,127.69 | 1.04% |
| STANDARD CHARTERED BANK | 16,767,384.27 | 1,666,384,056.91 | 1.01% |
| RCBC SAVINGS BANK INC | 52,664,137.99 | 6,452,786,425.53 | 0.82% |
| PHILIPPINE VETERANS BANK | 46,775,953.33 | 5,840,262,371.45 | 0.80% |
| EQUICOM SAVINGS BANK INC | 3,576,224.96 | 553,343,969.61 | 0.65% |
| CHINA BANK SAVINGS INC | 8,902,108.26 | 1,680,952,906.29 | 0.53% |
| PHIL BANK OF COMMUNICATIONS | 23,005,296.05 | 4,472,824,414.17 | 0.51% |
| ASIA UNITED BANK CORPORATION | 92,360,690.46 | 18,505,614,444.76 | 0.50% |
| FIRST CONSOLIDATED BANK INC (A PDB) | 9,018,496.50 | 2,618,040,856.36 | 0.34% |
| CTBC BANK (PHILIPPINES) CORP | 20,342,320.76 | 6,392,598,403.91 | 0.32% |
| THE BNK OF TOKYO-MITSUBISHI UFJ LTD | 12,566,683.40 | 4,581,085,136.29 | 0.27% |
| MAYBANK PHILIPPINES INC | 19,187,980.01 | 10,384,055,196.64 | 0.18% |
| PHIL TRUST COMPANY | 36,996,947.92 | 21,083,481,851.29 | 0.18% |
| BPI FAMILY SAVINGS BANK INC | 29,535,824.88 | 18,563,852,659.29 | 0.16% |
| TONGYANG SAVINGS BANK INC | 540,342.64 | 388,809,256.43 | 0.14% |
| FARMERS SAVINGS & LOAN BANK INC | 133,480.71 | 116,414,913.18 | 0.11% |
| UCPB SAVINGS BANK | 2,955,631.45 | 2,730,465,559.23 | 0.11% |
| BPI DIRECT SAVINGS BANK INC | 995,403.15 | 1,038,535,786.97 | 0.10% |
| ALLIED SAVINGS BANK | 749,967.69 | 963,266,165.32 | 0.08% |
| KOREA EXCHANGE BANK | 342,000.00 | 480,909,788.62 | 0.07% |
| ISLA BANK(A THRIFT BANK) INC | 11,205.08 | 649,558,600.52 | 0.00% |
| UNITED OVERSEAS BANK PHILIPPINES | 19,274.34 | 1,264,480,366.89 | 0.00% |
| CITIBANK, N.A. | 33,537.00 | 7,568,976,199.15 | 0.00% |
| 1ST VALLEY BANK INC A DEVELOPMENT BANK | 0.00 | 1,073,900,287.47 | 0.00% |
| AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS | 0.00 | 381,793,454.58 | 0.00% |
| BANGKOK BANK PUBLIC CO LTD | 0.00 | 1,121,635,525.23 | 0.00% |
| BANK OF CHINA LIMITED-MANILA BRANCH | 0.00 | 797,420,382.03 | 0.00% |
| BATAAN DEVELOPMENT BANK | 0.00 | 68,019,741.89 | 0.00% |
| BATAAN SAVINGS AND LOAN BANK | 0.00 | 72,157,228.01 | 0.00% |
| BDO ELITE SAVINGS BANK INC | 0.00 | 807,091,446.79 | 0.00% |
| BDO PRIVATE BANK, INC. | 0.00 | 5,435,347,034.96 | 0.00% |
| BPI GLOBE BANKO INC A SAVINGS BANK | 0.00 | 152,910,249.12 | 0.00% |
| BUSINESS AND CONSUMERS BANK (A DB) | 0.00 | 82,328,718.85 | 0.00% |
| CARD SME BANK INC A THRIFT BANK | 0.00 | 291,104,890.74 | 0.00% |
| CITIBANK SAVINGS INC | 0.00 | 971,883,844.42 | 0.00% |
| DEUTSCHE BANK AG | 0.00 | 1,577,747,405.91 | 0.00% |
| DUNGGANON BANK (A MICROFINANCE THRIFT | 0.00 | 90,348,361.85 | 0.00% |
| INTERNATIONALE NEDERLANDEN GROEP BK | 0.00 | 2,532,701,534.05 | 0.00% |
| LEMERY SAVINGS & LOAN BANK, INC. | 0.00 | 72,217,211.14 | 0.00% |
| MEGA INT'L COMM'L BANK CO LTD | 0.00 | 1,878,799,338.87 | 0.00% |
| MERCHANTS SAVINGS & LOAN ASSN INC | 0.00 | 471,236,692.40 | 0.00% |
| METRO CEBU PUBLIC SAVINGS BANK | 0.00 | 64,050,550.49 | 0.00% |
| MICROFINANCE MAXIMUM SB INC | 0.00 | 38,321,311.19 | 0.00% |
| MIZUHO BANK LTD - MANILA BRANCH | 0.00 | 2,724,745,253.27 | 0.00% |
| NORTHPOINT DEV'T BANK INC | 0.00 | 64,659,809.94 | 0.00% |
| PACIFIC ACE SAVINGS BANK INC | 0.00 | 76,986,659.97 | 0.00% |
| PHILIPPINE RESOURCES SAVINGS BANKING | 0.00 | 1,662,827,636.60 | 0.00% |
| PRIDE STAR DEVELOPMENT BANK INC | 0.00 | 74,725,625.76 | 0.00% |
| PROGRESS SAVINGS AND LOAN BANK INC | 0.00 | 82,292,284.97 | 0.00% |
| SUN SAVINGS BANK INC | 0.00 | 104,537,929.83 | 0.00% |
| THE REAL BANK (A THRIFT BANK) INC | 0.00 | 623,169,811.49 | 0.00% |
| UNIVERSITY SAVINGS BANK INC | 0.00 | 219,269,486.25 | 0.00% |
| CITY SAVINGS BANK | NA | NA | NA |
| Grand Total | 212,526,860,554.45 | 1,028,250,270,531.76 | 20.67% |
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, Philippine Banks reported that Php 461.896 million, or 0.22% of its DOSRI Loans fell past due as of March 31, 2014. Of the seventy-five banks with DOSRI Loans, sixty-three banks had zero past due DOSRI Loans. No banks had past due DOSRI Loans exceeding 30% of their Total DOSRI Loan Portfolio.
It is important to note that RCBC, which perennially ranked as one of the top banks with DOSRI Past Due Loans a percentage of DOSRI Loans (See previous blog post: "RCBC's Zombie Past Due DOSRI Loans"), has eliminated almost all of its DOSRI Past Due Loans.
| Philippine Banking System | |||
| DOSRI Past Due as % of DOSRI | |||
| March 31, 2014 | |||
| DOSRI Past Due | DOSRI | DOSRI Past Due/DOSRI | |
| Bank | (In PHP) | (In PHP) | (In %) |
| PHIL SAVINGS BANK | 449,888,803.99 | 1,602,450,093.99 | 28.08% |
| UNITED COCONUT PLANTERS BANK | 3,422,967.92 | 215,514,110.63 | 1.59% |
| PHIL BANK OF COMMUNICATIONS | 289,120.16 | 23,005,296.05 | 1.26% |
| UNITED OVERSEAS BANK PHILIPPINES | 38.00 | 19,274.34 | 0.20% |
| CTBC BANK (PHILIPPINES) CORP | 22,541.92 | 20,342,320.76 | 0.11% |
| BANK OF THE PHIL ISLANDS | 5,071,371.88 | 15,337,258,181.08 | 0.03% |
| RIZAL COMM'L BANKING CORP | 1,397,928.30 | 6,002,230,645.60 | 0.02% |
| PHIL NATIONAL BANK | 99,099.78 | 3,059,232,335.55 | 0.00% |
| BDO UNIBANK INC | 1,686,547.48 | 62,065,298,306.83 | 0.00% |
| UCPB SAVINGS BANK | 8.00 | 2,955,631.45 | 0.00% |
| EAST WEST BANKING CORP | 13,826.60 | 6,393,830,213.72 | 0.00% |
| CHINA BANKING CORP | 3,985.45 | 6,260,259,052.15 | 0.00% |
| ALLIED SAVINGS BANK | 0.00 | 749,967.69 | 0.00% |
| ANZ BANKING GROUP LTD | 0.00 | 36,919,971.01 | 0.00% |
| ASIA UNITED BANK CORPORATION | 0.00 | 92,360,690.46 | 0.00% |
| BANK OF AMERICA N.A. | 0.00 | 46,141,596.41 | 0.00% |
| BANK OF COMMERCE | 0.00 | 1,107,492,505.37 | 0.00% |
| BANK ONE SAVINGS AND TRUST CORP. | 0.00 | 29,800,000.00 | 0.00% |
| BPI DIRECT SAVINGS BANK INC | 0.00 | 995,403.15 | 0.00% |
| BPI FAMILY SAVINGS BANK INC | 0.00 | 29,535,824.88 | 0.00% |
| CENTURY SAVINGS BANK CORPORATION | 0.00 | 27,328,437.45 | 0.00% |
| CHINA BANK SAVINGS INC | 0.00 | 8,902,108.26 | 0.00% |
| CITIBANK, N.A. | 0.00 | 33,537.00 | 0.00% |
| CITYSTATE SAVINGS BANK INC | 0.00 | 350,635,322.48 | 0.00% |
| COMSAVINGS BANK | 0.00 | 10,845,689.95 | 0.00% |
| CORDILLERA SAVINGS BANK INC | 0.00 | 3,600,241.08 | 0.00% |
| DEVELOPMENT BANK OF THE PHIL | 0.00 | 32,256,634,583.89 | 0.00% |
| DUMAGUETE CITY DEV BANK INC | 0.00 | 29,487,341.81 | 0.00% |
| ENTERPRISE BANK INC (A THRIFT BANK) | 0.00 | 2,325,000.00 | 0.00% |
| EQUICOM SAVINGS BANK INC | 0.00 | 3,576,224.96 | 0.00% |
| FARMERS SAVINGS & LOAN BANK INC | 0.00 | 133,480.71 | 0.00% |
| FIRST CONSOLIDATED BANK INC (A PDB) | 0.00 | 9,018,496.50 | 0.00% |
| HIYAS BANKING CORPORATION | 0.00 | 23,963,282.54 | 0.00% |
| HONGKONG & SHANGHAI BANKING CORP | 0.00 | 438,616,389.95 | 0.00% |
| HSBC SAVINGS BANK(PHILS) INC | 0.00 | 62,907,048.39 | 0.00% |
| INTER-ASIA DEVELOPMENT BANK | 0.00 | 10,774,774.46 | 0.00% |
| ISLA BANK(A THRIFT BANK) INC | 0.00 | 11,205.08 | 0.00% |
| JP MORGAN CHASE BANK NATIONAL ASSN. | 0.00 | 47,806,366.43 | 0.00% |
| KOREA EXCHANGE BANK | 0.00 | 342,000.00 | 0.00% |
| LAND BANK OF THE PHILIPPINES | 0.00 | 66,485,337,572.61 | 0.00% |
| LEGAZPI SAVINGS BANK INC | 0.00 | 3,549,431.49 | 0.00% |
| LIFE SAVINGS BANK INC | 0.00 | 11,198,745.77 | 0.00% |
| LUZON DEVELOPMENT BANK | 0.00 | 86,295,246.06 | 0.00% |
| MALASIQUI PROGRESSIVE SLB, INC | 0.00 | 1,230,000.00 | 0.00% |
| MALAYAN BANK SAVINGS AND MORT BANK INC | 0.00 | 39,370,933.25 | 0.00% |
| MARITIME SAVINGS BANK CORPORATION | 0.00 | 3,132,967.02 | 0.00% |
| MAYBANK PHILIPPINES INC | 0.00 | 19,187,980.01 | 0.00% |
| METROPOLITAN BANK & TCO | 0.00 | 4,960,750,788.03 | 0.00% |
| OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE | 0.00 | 22,197,785.27 | 0.00% |
| OPTIMUM DEVELOPMENT BANK INC | 0.00 | 44,463,145.49 | 0.00% |
| PAMPANGA DEVELOPMENT BANK | 0.00 | 14,868,266.53 | 0.00% |
| PENBANK INC (A PDB) (FORMERLY: PENINSULA | 0.00 | 183,881,499.34 | 0.00% |
| PHIL POSTAL SAVINGS BANK INC | 0.00 | 108,546,215.13 | 0.00% |
| PHIL TRUST COMPANY | 0.00 | 36,996,947.92 | 0.00% |
| PHILIPPINE BUSINESS BANK INC A SAVINGS | 0.00 | 1,214,885,963.08 | 0.00% |
| PHILIPPINE VETERANS BANK | 0.00 | 46,775,953.33 | 0.00% |
| PLANTERS DEVELOPMENT BANK | 0.00 | 223,409,892.50 | 0.00% |
| PRODUCERS SAVINGS BANK CORPORATION | 0.00 | 89,311,975.81 | 0.00% |
| QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK | 0.00 | 227,444,256.14 | 0.00% |
| QUEZON COCONUT BANK INC (A THRIFT BANK) | 0.00 | 3,123,085.23 | 0.00% |
| RCBC SAVINGS BANK INC | 0.00 | 52,664,137.99 | 0.00% |
| ROBINSONS BANK CORPORATION | 0.00 | 1,029,722,382.93 | 0.00% |
| SAMPAGUITA SAVINGS BANK INC | 0.00 | 3,056,824.88 | 0.00% |
| SECURITY BANK CORP | 0.00 | 438,799,709.72 | 0.00% |
| SECURITY BANK SAVINGS CORPORATION | 0.00 | 18,769,458.56 | 0.00% |
| STANDARD CHARTERED BANK | 0.00 | 16,767,384.27 | 0.00% |
| STERLING BANK OF ASIA INC (A SAVINGS | 0.00 | 837,169,173.58 | 0.00% |
| THE BNK OF TOKYO-MITSUBISHI UFJ LTD | 0.00 | 12,566,683.40 | 0.00% |
| THE PALAWAN BANK (PALAWAN DB) INC | 0.00 | 2,062,378.08 | 0.00% |
| TONGYANG SAVINGS BANK INC | 0.00 | 540,342.64 | 0.00% |
| TOWER DEVELOPMENT BANK | 0.00 | 25,346,533.22 | 0.00% |
| UNION BANK OF THE PHILS | 0.00 | 432,776,156.67 | 0.00% |
| VILLAGE BANK INC (A THRIFT BANK) | 0.00 | 44,696,633.29 | 0.00% |
| WEALTH DEVELOPMENT BANK CORPORATION | 0.00 | 87,627,152.56 | 0.00% |
| WORLD PARTNERS BANK (A THRIFT BANK) | 0.00 | 85,004,000.59 | 0.00% |
| 1ST VALLEY BANK INC A DEVELOPMENT BANK | 0.00 | 0.00 | NA |
| AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS | 0.00 | 0.00 | NA |
| BANGKOK BANK PUBLIC CO LTD | 0.00 | 0.00 | NA |
| BANK OF CHINA LIMITED-MANILA BRANCH | 0.00 | 0.00 | NA |
| BATAAN DEVELOPMENT BANK | 0.00 | 0.00 | NA |
| BATAAN SAVINGS AND LOAN BANK | 0.00 | 0.00 | NA |
| BDO ELITE SAVINGS BANK INC | 0.00 | 0.00 | NA |
| BDO PRIVATE BANK, INC. | 0.00 | 0.00 | NA |
| BPI GLOBE BANKO INC A SAVINGS BANK | 0.00 | 0.00 | NA |
| BUSINESS AND CONSUMERS BANK (A DB) | 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 |
| DEUTSCHE BANK AG | 0.00 | 0.00 | NA |
| DUNGGANON BANK (A MICROFINANCE THRIFT | 0.00 | 0.00 | NA |
| INTERNATIONALE NEDERLANDEN GROEP BK | 0.00 | 0.00 | NA |
| LEMERY SAVINGS & LOAN BANK, INC. | 0.00 | 0.00 | NA |
| MEGA INT'L COMM'L BANK CO LTD | 0.00 | 0.00 | NA |
| MERCHANTS SAVINGS & LOAN ASSN INC | 0.00 | 0.00 | NA |
| METRO CEBU PUBLIC SAVINGS BANK | 0.00 | 0.00 | NA |
| MICROFINANCE MAXIMUM SB INC | 0.00 | 0.00 | NA |
| MIZUHO BANK LTD - MANILA BRANCH | 0.00 | 0.00 | NA |
| NORTHPOINT DEV'T BANK INC | 0.00 | 0.00 | NA |
| PACIFIC ACE SAVINGS BANK INC | 0.00 | 0.00 | NA |
| PHILIPPINE RESOURCES SAVINGS BANKING | 0.00 | 0.00 | NA |
| PRIDE STAR DEVELOPMENT BANK INC | 0.00 | 0.00 | NA |
| PROGRESS SAVINGS AND LOAN BANK INC | 0.00 | 0.00 | NA |
| SUN SAVINGS BANK INC | 0.00 | 0.00 | NA |
| THE REAL BANK (A THRIFT BANK) INC | 0.00 | 0.00 | NA |
| UNIVERSITY SAVINGS BANK INC | 0.00 | 0.00 | NA |
| CITY SAVINGS BANK | NA | NA | NA |
| Grand Total | 461,896,239.48 | 212,526,860,554.45 | 0.22% |
Source: www.bsp.gov.ph
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