This blog post updates previous blog posts such as "Philippine Savings Bank Ranks Number One in Past Due DOSRI Loans as % of DOSRI Loans as of March 31, 2014"
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 119.321 billion as of June 30, 2014 - approximately 2.35% of the Philippine Banking Industry's Total Loan Portfolio of Php 5.072 trillion.
| Philippine Banking System | |||
| NPL as % of TLP | |||
| June 30, 2014 | |||
| Gross NPLs | Gross TLP | Gross NPL/ Gross TLP | |
| Bank | (In Php) | (In Php) | (In %) |
| COMSAVINGS BANK | 191,248,204.56 | 237,067,451.06 | 80.67% |
| UNITED OVERSEAS BANK PHILIPPINES | 665,371,386.65 | 969,414,965.71 | 68.64% |
| SAMPAGUITA SAVINGS BANK INC | 26,518,966.62 | 48,447,534.73 | 54.74% |
| PROGRESS SAVINGS AND LOAN BANK INC | 1,217,809.04 | 2,316,731.56 | 52.57% |
| MALASIQUI PROGRESSIVE SLB, INC | 19,257,920.25 | 46,542,402.25 | 41.38% |
| BPI GLOBE BANKO INC A SAVINGS BANK | 380,810,052.97 | 935,783,525.59 | 40.69% |
| WORLD PARTNERS BANK (A THRIFT BANK) | 156,140,300.23 | 433,202,253.09 | 36.04% |
| LEGAZPI SAVINGS BANK INC | 343,109,718.52 | 1,182,043,711.82 | 29.03% |
| NORTHPOINT DEV'T BANK INC | 37,886,142.07 | 140,441,004.56 | 26.98% |
| METRO CEBU PUBLIC SAVINGS BANK | 20,310,867.79 | 75,758,390.68 | 26.81% |
| DUNGGANON BANK (A MICROFINANCE THRIFT BANK) INC | 28,622,510.92 | 115,023,341.65 | 24.88% |
| PRIDE STAR DEVELOPMENT BANK INC | 8,744,472.07 | 36,984,293.16 | 23.64% |
| OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE THRIFT BANK) | 62,793,100.02 | 272,794,794.03 | 23.02% |
| FARMERS SAVINGS & LOAN BANK INC | 47,638,664.30 | 248,172,663.67 | 19.20% |
| PAMPANGA DEVELOPMENT BANK | 44,254,205.99 | 230,935,763.67 | 19.16% |
| TONGYANG SAVINGS BANK INC | 110,617,410.43 | 610,590,870.94 | 18.12% |
| MICROFINANCE MAXIMUM SB INC | 2,775,600.08 | 15,361,428.87 | 18.07% |
| MALAYAN BANK SAVINGS AND MORT BANK INC | 572,748,780.92 | 4,254,601,035.93 | 13.46% |
| LIFE SAVINGS BANK INC | 9,666,525.59 | 79,502,047.18 | 12.16% |
| LEMERY SAVINGS & LOAN BANK, INC. | 7,724,884.86 | 64,860,908.82 | 11.91% |
| BUSINESS AND CONSUMERS BANK (A DB) | 15,865,917.33 | 134,688,958.88 | 11.78% |
| PLANTERS DEVELOPMENT BANK | 3,510,296,829.98 | 31,706,669,288.00 | 11.07% |
| MARITIME SAVINGS BANK CORPORATION | 14,923,853.25 | 135,723,322.15 | 11.00% |
| HIYAS BANKING CORPORATION | 21,202,761.24 | 201,072,976.93 | 10.54% |
| PACIFIC ACE SAVINGS BANK INC | 2,030,877.00 | 19,627,970.89 | 10.35% |
| CORDILLERA SAVINGS BANK INC | 17,061,634.00 | 177,119,268.33 | 9.63% |
| UNION BANK OF THE PHILS | 9,851,315,969.97 | 103,591,124,814.82 | 9.51% |
| BATAAN DEVELOPMENT BANK | 17,242,964.32 | 192,636,701.83 | 8.95% |
| EQUICOM SAVINGS BANK INC | 337,344,313.69 | 3,795,164,190.49 | 8.89% |
| PHIL POSTAL SAVINGS BANK INC | 450,558,007.83 | 5,347,300,103.75 | 8.43% |
| INTER-ASIA DEVELOPMENT BANK | 8,594,208.64 | 102,989,252.71 | 8.34% |
| LUZON DEVELOPMENT BANK | 205,386,492.11 | 2,592,162,228.57 | 7.92% |
| DUMAGUETE CITY DEV BANK INC | 36,993,882.52 | 475,730,648.81 | 7.78% |
| WEALTH DEVELOPMENT BANK CORPORATION | 209,527,437.82 | 2,711,560,499.08 | 7.73% |
| STANDARD CHARTERED BANK | 2,695,618,727.90 | 37,765,933,062.45 | 7.14% |
| UNIVERSITY SAVINGS BANK INC | 28,825,541.35 | 426,787,270.82 | 6.75% |
| PHILIPPINE RESOURCES SAVINGS BANKING CORPORATION (PR SAVINGS | 561,024,042.58 | 8,339,558,220.14 | 6.73% |
| CITYSTATE SAVINGS BANK INC | 117,088,935.20 | 1,766,894,165.06 | 6.63% |
| BANK OF COMMERCE | 2,910,449,718.05 | 44,117,486,695.46 | 6.60% |
| SECURITY BANK SAVINGS CORPORATION | 600,925,489.67 | 9,356,484,102.78 | 6.42% |
| FIRST CONSOLIDATED BANK INC (A PDB) | 479,052,552.83 | 7,620,243,384.74 | 6.29% |
| QUEZON COCONUT BANK INC (A THRIFT BANK) | 2,197,241.35 | 35,006,993.60 | 6.28% |
| ALLIED SAVINGS BANK | 500,152,913.46 | 8,069,424,979.49 | 6.20% |
| THE PALAWAN BANK (PALAWAN DB) INC | 13,679,793.00 | 220,891,016.84 | 6.19% |
| TOWER DEVELOPMENT BANK | 12,448,940.29 | 204,634,717.95 | 6.08% |
| VILLAGE BANK INC (A THRIFT BANK) | 21,234,993.83 | 358,426,320.06 | 5.92% |
| PHILIPPINE VETERANS BANK | 803,725,714.93 | 13,599,238,843.49 | 5.91% |
| UNITED COCONUT PLANTERS BANK | 5,789,807,611.16 | 101,039,985,133.96 | 5.73% |
| STERLING BANK OF ASIA INC (A SAVINGS BANK) | 858,715,671.59 | 15,010,980,394.55 | 5.72% |
| CENTURY SAVINGS BANK CORPORATION | 36,286,160.53 | 650,473,852.37 | 5.58% |
| PHIL BANK OF COMMUNICATIONS | 1,301,109,960.55 | 23,342,525,324.23 | 5.57% |
| PENBANK INC (A PDB) (FORMERLY: PENINSULA RB INC) | 93,194,418.99 | 1,680,805,715.87 | 5.54% |
| ENTERPRISE BANK INC (A THRIFT BANK) | 83,558,761.35 | 1,540,768,313.05 | 5.42% |
| BATAAN SAVINGS AND LOAN BANK | 2,160,189.36 | 41,917,011.86 | 5.15% |
| PRODUCERS SAVINGS BANK CORPORATION | 262,893,457.71 | 5,235,548,062.53 | 5.02% |
| RCBC SAVINGS BANK INC | 2,402,636,127.37 | 49,220,759,174.50 | 4.88% |
| EAST WEST BANKING CORP | 4,541,358,672.92 | 104,001,998,923.19 | 4.37% |
| UCPB SAVINGS BANK | 443,571,417.59 | 10,658,314,361.99 | 4.16% |
| PHIL NATIONAL BANK | 10,658,942,086.40 | 257,217,593,426.00 | 4.14% |
| 1ST VALLEY BANK INC A DEVELOPMENT BANK | 229,969,316.89 | 5,623,331,142.54 | 4.09% |
| CHINA BANK SAVINGS INC | 476,867,642.57 | 12,190,399,720.33 | 3.91% |
| QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK A THRIFT BANK | 40,938,529.63 | 1,058,046,447.67 | 3.87% |
| MAYBANK PHILIPPINES INC | 1,378,051,563.58 | 41,029,216,839.99 | 3.36% |
| DEVELOPMENT BANK OF THE PHIL | 5,027,864,479.68 | 153,112,560,780.71 | 3.28% |
| PHIL SAVINGS BANK | 3,594,733,281.93 | 111,252,224,476.11 | 3.23% |
| SUN SAVINGS BANK INC | 7,929,099.28 | 255,994,918.58 | 3.10% |
| BPI FAMILY SAVINGS BANK INC | 4,762,753,021.27 | 155,678,280,550.65 | 3.06% |
| HONGKONG & SHANGHAI BANKING CORP | 1,284,388,818.19 | 48,998,382,615.84 | 2.62% |
| BANK ONE SAVINGS AND TRUST CORP. | 15,304,127.53 | 593,415,746.67 | 2.58% |
| CARD SME BANK INC A THRIFT BANK | 25,092,689.59 | 1,040,876,511.09 | 2.41% |
| OPTIMUM DEVELOPMENT BANK INC | 16,717,877.39 | 711,378,914.91 | 2.35% |
| CTBC BANK (PHILIPPINES) CORP | 383,611,264.60 | 16,341,251,694.62 | 2.35% |
| MERCHANTS SAVINGS & LOAN ASSN INC | 4,917,002.76 | 211,053,907.01 | 2.33% |
| PHILIPPINE BUSINESS BANK INC A SAVINGS BANK | 770,221,304.39 | 33,832,207,255.68 | 2.28% |
| PHIL TRUST COMPANY | 1,136,024,377.76 | 50,957,921,564.39 | 2.23% |
| LAND BANK OF THE PHILIPPINES | 7,513,826,163.99 | 356,104,149,164.24 | 2.11% |
| ROBINSONS BANK CORPORATION | 493,361,960.72 | 24,506,578,197.28 | 2.01% |
| CHINA BANKING CORP | 4,241,788,759.14 | 224,216,022,806.91 | 1.89% |
| ASIA UNITED BANK CORPORATION | 1,000,233,421.51 | 54,286,402,147.28 | 1.84% |
| BDO UNIBANK INC | 17,868,067,253.39 | 1,017,493,392,373.70 | 1.76% |
| BANK OF THE PHIL ISLANDS | 8,291,551,975.99 | 544,214,208,460.57 | 1.52% |
| BPI DIRECT SAVINGS BANK INC | 118,877,307.16 | 9,065,324,732.54 | 1.31% |
| RIZAL COMM'L BANKING CORP | 2,151,334,878.51 | 182,449,170,604.27 | 1.18% |
| CITY SAVINGS BANK INC | 310,401,587.69 | 34,321,773,492.41 | 0.90% |
| CITIBANK, N.A. | 1,249,411,783.97 | 158,986,525,490.22 | 0.79% |
| SECURITY BANK CORP | 1,113,417,377.10 | 163,157,815,377.26 | 0.68% |
| KOREA EXCHANGE BANK | 23,650,175.60 | 3,592,688,376.33 | 0.66% |
| AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS | 1,092,048.97 | 201,243,142.76 | 0.54% |
| METROPOLITAN BANK & TCO | 3,050,129,110.82 | 575,218,061,741.37 | 0.53% |
| HSBC SAVINGS BANK(PHILS) INC | 45,347,213.20 | 13,694,195,396.65 | 0.33% |
| BANK OF CHINA LIMITED-MANILA BRANCH | 8,660,895.91 | 7,741,599,479.72 | 0.11% |
| ANZ BANKING GROUP LTD | 23,339,114.85 | 26,071,432,090.96 | 0.09% |
| BANGKOK BANK PUBLIC CO LTD | 4,834,155.55 | 6,205,123,905.43 | 0.08% |
| JP MORGAN CHASE BANK NATIONAL ASSN. | 734,885.22 | 20,602,629,934.63 | 0.00% |
| INTERNATIONALE NEDERLANDEN GROEP BK | 89.30 | 29,292,018,118.16 | 0.00% |
| BANK OF AMERICA N.A. | 4.00 | 4,588,791,628.64 | 0.00% |
| BDO PRIVATE BANK, INC. | 0.00 | 7,879,297,983.10 | 0.00% |
| DEUTSCHE BANK AG | 0.00 | 45,147,917,697.82 | 0.00% |
| ISLA BANK(A THRIFT BANK) INC | 0.00 | 663,616,113.32 | 0.00% |
| MEGA INT'L COMM'L BANK CO LTD | 0.00 | 8,981,619,477.78 | 0.00% |
| MIZUHO BANK LTD - MANILA BRANCH | 0.00 | 21,715,192,076.27 | 0.00% |
| THE BNK OF TOKYO-MITSUBISHI UFJ LTD | 0.00 | 35,520,609,421.20 | 0.00% |
| BDO ELITE SAVINGS BANK INC | 0.00 | 0.00 | NA |
| CITIBANK SAVINGS INC | 0.00 | 0.00 | NA |
| Grand Total | 119,321,906,373.17 | 5,071,510,037,328.80 | 2.35% |
Source: www.bsp.gov.ph
There are seven 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 (80.67% of TLP)
- United Overseas Bank Philippines (68.64% of TLP)
- Sampaguita Savings Bank Inc. (54.74% of TLP)
- Progress Savings and Loan Bank Inc. (52.57% of TLP)
- Malasiqui Progressive SLB, Inc. (41.38% of TLP)
- BPI Globe Banko Inc. (40.69% of TLP)
- World Partners Bank (36.04% of TLP)
Of these banks, two banks are considered distressed:
- Comsavings Bank (formerly GSIS Family Bank)
- BPI Globe Banko Inc.
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 11.29% of Stockholders Equity as of June 30, 2014.
| Philippine Banking System | |||
| NPL as % of SE | |||
| June 30, 2014 | |||
| NPL | SE | NPL/SE | |
| Bank | (In PHP) | (In PHP) | (In %) |
| WORLD PARTNERS BANK (A THRIFT BANK) | 156,140,300.23 | 66,020,653.87 | 236.50% |
| STANDARD CHARTERED BANK | 2,695,618,727.90 | 1,253,487,031.91 | 215.05% |
| COMSAVINGS BANK | 191,248,204.56 | 120,677,859.83 | 158.48% |
| BPI GLOBE BANKO INC A SAVINGS BANK | 380,810,052.97 | 246,665,785.77 | 154.38% |
| PLANTERS DEVELOPMENT BANK | 3,510,296,829.98 | 2,770,525,271.24 | 126.70% |
| LEGAZPI SAVINGS BANK INC | 343,109,718.52 | 334,365,431.73 | 102.62% |
| OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE THRIFT BANK) | 62,793,100.02 | 69,372,692.46 | 90.52% |
| EQUICOM SAVINGS BANK INC | 337,344,313.69 | 538,925,750.57 | 62.60% |
| SECURITY BANK SAVINGS CORPORATION | 600,925,489.67 | 1,019,390,301.56 | 58.95% |
| MALAYAN BANK SAVINGS AND MORT BANK INC | 572,748,780.92 | 1,028,955,335.76 | 55.66% |
| STERLING BANK OF ASIA INC (A SAVINGS BANK) | 858,715,671.59 | 1,547,193,472.97 | 55.50% |
| WEALTH DEVELOPMENT BANK CORPORATION | 209,527,437.82 | 390,594,149.30 | 53.64% |
| UNITED OVERSEAS BANK PHILIPPINES | 665,371,386.65 | 1,287,218,129.23 | 51.69% |
| ALLIED SAVINGS BANK | 500,152,913.46 | 1,007,522,889.56 | 49.64% |
| PHIL POSTAL SAVINGS BANK INC | 450,558,007.83 | 941,281,642.79 | 47.87% |
| THE PALAWAN BANK (PALAWAN DB) INC | 13,679,793.00 | 28,960,778.80 | 47.24% |
| SAMPAGUITA SAVINGS BANK INC | 26,518,966.62 | 57,136,102.65 | 46.41% |
| FARMERS SAVINGS & LOAN BANK INC | 47,638,664.30 | 116,029,094.22 | 41.06% |
| LUZON DEVELOPMENT BANK | 205,386,492.11 | 510,323,390.11 | 40.25% |
| ENTERPRISE BANK INC (A THRIFT BANK) | 83,558,761.35 | 215,307,197.40 | 38.81% |
| NORTHPOINT DEV'T BANK INC | 37,886,142.07 | 104,178,008.09 | 36.37% |
| PAMPANGA DEVELOPMENT BANK | 44,254,205.99 | 122,977,750.65 | 35.99% |
| MALASIQUI PROGRESSIVE SLB, INC | 19,257,920.25 | 54,765,674.18 | 35.16% |
| RCBC SAVINGS BANK INC | 2,402,636,127.37 | 6,842,294,050.02 | 35.11% |
| PENBANK INC (A PDB) (FORMERLY: PENINSULA RB INC) | 93,194,418.99 | 286,950,829.09 | 32.48% |
| DUNGGANON BANK (A MICROFINANCE THRIFT BANK) INC | 28,622,510.92 | 90,312,215.44 | 31.69% |
| PHILIPPINE RESOURCES SAVINGS BANKING CORPORATION (PR SAVINGS | 561,024,042.58 | 1,770,632,368.82 | 31.68% |
| METRO CEBU PUBLIC SAVINGS BANK | 20,310,867.79 | 64,946,349.31 | 31.27% |
| TONGYANG SAVINGS BANK INC | 110,617,410.43 | 387,360,153.54 | 28.56% |
| VILLAGE BANK INC (A THRIFT BANK) | 21,234,993.83 | 74,858,306.64 | 28.37% |
| UNITED COCONUT PLANTERS BANK | 5,789,807,611.16 | 20,882,259,694.88 | 27.73% |
| PHIL BANK OF COMMUNICATIONS | 1,301,109,960.55 | 5,194,240,289.85 | 25.05% |
| BATAAN DEVELOPMENT BANK | 17,242,964.32 | 68,845,166.07 | 25.05% |
| BPI FAMILY SAVINGS BANK INC | 4,762,753,021.27 | 19,607,082,053.13 | 24.29% |
| CHINA BANK SAVINGS INC | 476,867,642.57 | 1,982,007,109.53 | 24.06% |
| MARITIME SAVINGS BANK CORPORATION | 14,923,853.25 | 63,350,757.17 | 23.56% |
| UNION BANK OF THE PHILS | 9,851,315,969.97 | 42,715,477,296.24 | 23.06% |
| EAST WEST BANKING CORP | 4,541,358,672.92 | 19,982,806,197.40 | 22.73% |
| PHIL SAVINGS BANK | 3,594,733,281.93 | 15,888,557,293.01 | 22.62% |
| PRODUCERS SAVINGS BANK CORPORATION | 262,893,457.71 | 1,215,452,192.66 | 21.63% |
| BANK OF COMMERCE | 2,910,449,718.05 | 13,804,019,099.41 | 21.08% |
| HONGKONG & SHANGHAI BANKING CORP | 1,284,388,818.19 | 6,128,617,011.95 | 20.96% |
| 1ST VALLEY BANK INC A DEVELOPMENT BANK | 229,969,316.89 | 1,097,657,583.44 | 20.95% |
| BUSINESS AND CONSUMERS BANK (A DB) | 15,865,917.33 | 83,350,906.55 | 19.04% |
| FIRST CONSOLIDATED BANK INC (A PDB) | 479,052,552.83 | 2,664,050,395.87 | 17.98% |
| DUMAGUETE CITY DEV BANK INC | 36,993,882.52 | 217,555,165.85 | 17.00% |
| CITIBANK, N.A. | 1,249,411,783.97 | 7,544,767,162.98 | 16.56% |
| CITYSTATE SAVINGS BANK INC | 117,088,935.20 | 712,505,822.89 | 16.43% |
| INTER-ASIA DEVELOPMENT BANK | 8,594,208.64 | 52,647,695.85 | 16.32% |
| UCPB SAVINGS BANK | 443,571,417.59 | 2,778,790,125.30 | 15.96% |
| CORDILLERA SAVINGS BANK INC | 17,061,634.00 | 108,031,837.04 | 15.79% |
| LIFE SAVINGS BANK INC | 9,666,525.59 | 68,444,016.81 | 14.12% |
| MAYBANK PHILIPPINES INC | 1,378,051,563.58 | 10,125,085,763.01 | 13.61% |
| PHILIPPINE VETERANS BANK | 803,725,714.93 | 5,917,940,630.82 | 13.58% |
| PHIL NATIONAL BANK | 10,658,942,086.40 | 79,525,798,653.86 | 13.40% |
| HIYAS BANKING CORPORATION | 21,202,761.24 | 159,262,122.00 | 13.31% |
| DEVELOPMENT BANK OF THE PHIL | 5,027,864,479.68 | 39,731,445,991.43 | 12.65% |
| PRIDE STAR DEVELOPMENT BANK INC | 8,744,472.07 | 74,219,530.70 | 11.78% |
| BPI DIRECT SAVINGS BANK INC | 118,877,307.16 | 1,109,886,490.98 | 10.71% |
| LAND BANK OF THE PHILIPPINES | 7,513,826,163.99 | 70,373,037,743.59 | 10.68% |
| TOWER DEVELOPMENT BANK | 12,448,940.29 | 116,787,594.77 | 10.66% |
| BDO UNIBANK INC | 17,868,067,253.39 | 168,097,783,002.20 | 10.63% |
| LEMERY SAVINGS & LOAN BANK, INC. | 7,724,884.86 | 73,865,607.32 | 10.46% |
| PHILIPPINE BUSINESS BANK INC A SAVINGS BANK | 770,221,304.39 | 7,666,510,181.33 | 10.05% |
| MICROFINANCE MAXIMUM SB INC | 2,775,600.08 | 30,219,333.89 | 9.18% |
| ROBINSONS BANK CORPORATION | 493,361,960.72 | 5,429,997,908.85 | 9.09% |
| CARD SME BANK INC A THRIFT BANK | 25,092,689.59 | 296,679,524.16 | 8.46% |
| CHINA BANKING CORP | 4,241,788,759.14 | 51,361,862,492.97 | 8.26% |
| SUN SAVINGS BANK INC | 7,929,099.28 | 103,382,709.39 | 7.67% |
| UNIVERSITY SAVINGS BANK INC | 28,825,541.35 | 400,897,820.00 | 7.19% |
| BANK OF THE PHIL ISLANDS | 8,291,551,975.99 | 127,243,211,068.34 | 6.52% |
| CITY SAVINGS BANK INC | 310,401,587.69 | 4,907,979,643.50 | 6.32% |
| QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK A THRIFT BANK | 40,938,529.63 | 659,484,508.90 | 6.21% |
| CTBC BANK (PHILIPPINES) CORP | 383,611,264.60 | 6,459,643,064.19 | 5.94% |
| PHIL TRUST COMPANY | 1,136,024,377.76 | 21,375,540,063.61 | 5.31% |
| ASIA UNITED BANK CORPORATION | 1,000,233,421.51 | 19,680,515,913.14 | 5.08% |
| RIZAL COMM'L BANKING CORP | 2,151,334,878.51 | 45,252,827,742.29 | 4.75% |
| KOREA EXCHANGE BANK | 23,650,175.60 | 558,783,438.21 | 4.23% |
| CENTURY SAVINGS BANK CORPORATION | 36,286,160.53 | 918,765,094.33 | 3.95% |
| QUEZON COCONUT BANK INC (A THRIFT BANK) | 2,197,241.35 | 58,857,072.72 | 3.73% |
| BATAAN SAVINGS AND LOAN BANK | 2,160,189.36 | 73,274,541.94 | 2.95% |
| BANK ONE SAVINGS AND TRUST CORP. | 15,304,127.53 | 550,752,559.83 | 2.78% |
| PACIFIC ACE SAVINGS BANK INC | 2,030,877.00 | 77,669,919.54 | 2.61% |
| SECURITY BANK CORP | 1,113,417,377.10 | 43,574,062,263.72 | 2.56% |
| OPTIMUM DEVELOPMENT BANK INC | 16,717,877.39 | 709,905,455.92 | 2.35% |
| METROPOLITAN BANK & TCO | 3,050,129,110.82 | 132,641,847,901.12 | 2.30% |
| HSBC SAVINGS BANK(PHILS) INC | 45,347,213.20 | 2,623,473,842.47 | 1.73% |
| PROGRESS SAVINGS AND LOAN BANK INC | 1,217,809.04 | 84,514,488.11 | 1.44% |
| MERCHANTS SAVINGS & LOAN ASSN INC | 4,917,002.76 | 451,922,804.67 | 1.09% |
| BANK OF CHINA LIMITED-MANILA BRANCH | 8,660,895.91 | 855,649,253.17 | 1.01% |
| ANZ BANKING GROUP LTD | 23,339,114.85 | 3,346,921,525.57 | 0.70% |
| BANGKOK BANK PUBLIC CO LTD | 4,834,155.55 | 1,127,540,326.47 | 0.43% |
| AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS | 1,092,048.97 | 376,280,973.01 | 0.29% |
| JP MORGAN CHASE BANK NATIONAL ASSN. | 734,885.22 | 1,208,182,494.49 | 0.06% |
| INTERNATIONALE NEDERLANDEN GROEP BK | 89.30 | 2,561,962,514.03 | 0.00% |
| BANK OF AMERICA N.A. | 4.00 | 596,946,705.20 | 0.00% |
| BDO ELITE SAVINGS BANK INC | 0.00 | 802,740,672.73 | 0.00% |
| BDO PRIVATE BANK, INC. | 0.00 | 5,548,736,354.23 | 0.00% |
| CITIBANK SAVINGS INC | 0.00 | 920,744,421.35 | 0.00% |
| DEUTSCHE BANK AG | 0.00 | 2,215,104,355.99 | 0.00% |
| ISLA BANK(A THRIFT BANK) INC | 0.00 | 650,869,719.80 | 0.00% |
| MEGA INT'L COMM'L BANK CO LTD | 0.00 | 1,930,759,082.84 | 0.00% |
| MIZUHO BANK LTD - MANILA BRANCH | 0.00 | 2,746,484,720.25 | 0.00% |
| THE BNK OF TOKYO-MITSUBISHI UFJ LTD | 0.00 | 4,636,362,532.62 | 0.00% |
| Grand Total | 119,321,906,373.17 | 1,056,849,876,428.09 | 11.29% |
Source: www.bsp.gov.ph
Of the 104 banks in this list, twenty-eight banks have a Gross NPL to Stockholders Equity Ratio of 30% or more as of June 30, 2014. These banks are as follows:
- World Partners Bank (236.50% of SE)
- Standard Chartered Bank (215.05% of SE)
- Comsavings Bank (158.48% of SE)
- BPI Globe Banko Inc. (154.38% of SE)
- Planters Development Bank (126.70% of SE)
- Legazpi Savings Bank (102.62% of SE)
- Opportunity Kauswagan Bank, Inc. (90.52% of SE)
- Equicom Savings Bank Inc. (62.60% of SE)
- Security Bank Savings Corporation (58.95% of SE)
- Malayan Bank Savings and Mortgage Bank (55.66% of SE)
- Sterling Bank of Asia, Inc. (55.50% of SE)
- Wealth Development Bank Corporation (53.64% of SE)
- United Overseas Bank Philippines (51.69% of SE)
- Allied Savings Bank (49.64% of SE)
- Philippine Postal Savings Bank (47.87% of SE)
- The Palawan Bank (47.24% of SE)
- Sampaguita Savings Bank (46.41% of SE)
- Farmers Savings & Loan Bank Inc. (41.06% of SE)
- Luzon Development Bank (40.25% of SE)
- Enterprise Bank Inc. (38.81% of SE)
- Northpoint Development Bank (36.37% of SE)
- Pampanga Development Bank (35.99% of SE)
- Malasiqui Progressive SLB, Inc. (35.16% of SE)
- RCBC Savings Bank Inc. (35.11% of SE)
- Penbank Inc (32.48% of SE)
- Dungganon Bank (31.69% of SE)
- Philippine Resources Savings Banking Corporation (31.68% of SE)
- Metro Cebu Public Savings Bank (31.27% 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 4.43% of their Total Loan Portfolio as of June 30, 2014. Of the 104 banks, twenty-eight banks reported having no DOSRI Loans. Of the seventy-six banks with DOSRI Loans, forty 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 (24.66% of TLP)
- Queen City Development Bank (22.51% of TLP)
- World Partners Bank (19.95% of TLP)
- Citystate Savings Bank Inc. (19.79% of TLP)
- Land Bank of the Philippines (19.50% of TLP)
| Philippine Banking System | |||
| DOSRI as % of TLP | |||
| June 30, 2014 | |||
| DOSRI | TLP | DOSRI/TLP | |
| Bank | (In Php) | (In PHP) | (In %) |
| DEVELOPMENT BANK OF THE PHIL | 37,756,962,285.47 | 153,112,560,780.71 | 24.66% |
| QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK A THRIFT BANK | 238,209,746.16 | 1,058,046,447.67 | 22.51% |
| WORLD PARTNERS BANK (A THRIFT BANK) | 86,419,233.58 | 433,202,253.09 | 19.95% |
| CITYSTATE SAVINGS BANK INC | 349,718,912.33 | 1,766,894,165.06 | 19.79% |
| LAND BANK OF THE PHILIPPINES | 69,428,731,628.74 | 356,104,149,164.24 | 19.50% |
| TOWER DEVELOPMENT BANK | 30,186,088.04 | 204,634,717.95 | 14.75% |
| VILLAGE BANK INC (A THRIFT BANK) | 47,826,186.45 | 358,426,320.06 | 13.34% |
| LIFE SAVINGS BANK INC | 9,941,366.96 | 79,502,047.18 | 12.50% |
| HIYAS BANKING CORPORATION | 23,081,691.71 | 201,072,976.93 | 11.48% |
| INTER-ASIA DEVELOPMENT BANK | 10,631,302.82 | 102,989,252.71 | 10.32% |
| QUEZON COCONUT BANK INC (A THRIFT BANK) | 3,253,906.61 | 35,006,993.60 | 9.30% |
| PENBANK INC (A PDB) (FORMERLY: PENINSULA RB INC) | 153,231,205.61 | 1,680,805,715.87 | 9.12% |
| DUMAGUETE CITY DEV BANK INC | 38,882,418.58 | 475,730,648.81 | 8.17% |
| OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE THRIFT BANK) | 18,153,220.52 | 272,794,794.03 | 6.65% |
| BDO UNIBANK INC | 66,692,396,795.00 | 1,017,493,392,373.70 | 6.55% |
| EAST WEST BANKING CORP | 6,370,456,327.42 | 104,001,998,923.19 | 6.13% |
| SAMPAGUITA SAVINGS BANK INC | 2,871,067.19 | 48,447,534.73 | 5.93% |
| OPTIMUM DEVELOPMENT BANK INC | 41,175,677.70 | 711,378,914.91 | 5.79% |
| PAMPANGA DEVELOPMENT BANK | 12,927,380.57 | 230,935,763.67 | 5.60% |
| BANK ONE SAVINGS AND TRUST CORP. | 29,793,333.33 | 593,415,746.67 | 5.02% |
| COMSAVINGS BANK | 10,041,480.03 | 237,067,451.06 | 4.24% |
| MALASIQUI PROGRESSIVE SLB, INC | 1,867,500.00 | 46,542,402.25 | 4.01% |
| CENTURY SAVINGS BANK CORPORATION | 25,362,387.67 | 650,473,852.37 | 3.90% |
| ROBINSONS BANK CORPORATION | 936,580,852.94 | 24,506,578,197.28 | 3.82% |
| RIZAL COMM'L BANKING CORP | 5,819,193,540.66 | 182,449,170,604.27 | 3.19% |
| PRODUCERS SAVINGS BANK CORPORATION | 158,384,407.81 | 5,235,548,062.53 | 3.03% |
| CHINA BANKING CORP | 6,620,140,131.55 | 224,216,022,806.91 | 2.95% |
| BANK OF THE PHIL ISLANDS | 15,813,301,395.13 | 544,214,208,460.57 | 2.91% |
| WEALTH DEVELOPMENT BANK CORPORATION | 70,657,062.76 | 2,711,560,499.08 | 2.61% |
| PHIL SAVINGS BANK | 2,689,948,596.27 | 111,252,224,476.11 | 2.42% |
| MARITIME SAVINGS BANK CORPORATION | 2,896,695.21 | 135,723,322.15 | 2.13% |
| PHILIPPINE BUSINESS BANK INC A SAVINGS BANK | 721,995,042.29 | 33,832,207,255.68 | 2.13% |
| PHIL POSTAL SAVINGS BANK INC | 102,824,486.65 | 5,347,300,103.75 | 1.92% |
| LUZON DEVELOPMENT BANK | 46,085,140.38 | 2,592,162,228.57 | 1.78% |
| CORDILLERA SAVINGS BANK INC | 2,547,805.80 | 177,119,268.33 | 1.44% |
| PHIL NATIONAL BANK | 2,874,648,257.10 | 257,217,593,426.00 | 1.12% |
| BANK OF AMERICA N.A. | 45,340,503.20 | 4,588,791,628.64 | 0.99% |
| THE PALAWAN BANK (PALAWAN DB) INC | 2,089,526.12 | 220,891,016.84 | 0.95% |
| MALAYAN BANK SAVINGS AND MORT BANK INC | 39,881,186.67 | 4,254,601,035.93 | 0.94% |
| HONGKONG & SHANGHAI BANKING CORP | 438,838,449.43 | 48,998,382,615.84 | 0.90% |
| METROPOLITAN BANK & TCO | 4,493,673,883.07 | 575,218,061,741.37 | 0.78% |
| UNION BANK OF THE PHILS | 568,257,614.81 | 103,591,124,814.82 | 0.55% |
| STERLING BANK OF ASIA INC (A SAVINGS BANK) | 81,677,530.68 | 15,010,980,394.55 | 0.54% |
| SECURITY BANK CORP | 769,456,888.89 | 163,157,815,377.26 | 0.47% |
| HSBC SAVINGS BANK(PHILS) INC | 63,489,617.62 | 13,694,195,396.65 | 0.46% |
| PHILIPPINE VETERANS BANK | 47,276,758.78 | 13,599,238,843.49 | 0.35% |
| LEGAZPI SAVINGS BANK INC | 3,635,938.05 | 1,182,043,711.82 | 0.31% |
| UNITED COCONUT PLANTERS BANK | 247,103,348.29 | 101,039,985,133.96 | 0.24% |
| JP MORGAN CHASE BANK NATIONAL ASSN. | 45,613,197.98 | 20,602,629,934.63 | 0.22% |
| ASIA UNITED BANK CORPORATION | 94,897,421.21 | 54,286,402,147.28 | 0.17% |
| SECURITY BANK SAVINGS CORPORATION | 14,500,049.65 | 9,356,484,102.78 | 0.15% |
| FIRST CONSOLIDATED BANK INC (A PDB) | 10,519,481.61 | 7,620,243,384.74 | 0.14% |
| ANZ BANKING GROUP LTD | 34,767,571.26 | 26,071,432,090.96 | 0.13% |
| TONGYANG SAVINGS BANK INC | 796,381.46 | 610,590,870.94 | 0.13% |
| CTBC BANK (PHILIPPINES) CORP | 20,552,631.25 | 16,341,251,694.62 | 0.13% |
| PHIL BANK OF COMMUNICATIONS | 28,628,918.10 | 23,342,525,324.23 | 0.12% |
| EQUICOM SAVINGS BANK INC | 4,177,235.44 | 3,795,164,190.49 | 0.11% |
| RCBC SAVINGS BANK INC | 49,753,564.21 | 49,220,759,174.50 | 0.10% |
| CHINA BANK SAVINGS INC | 12,266,214.11 | 12,190,399,720.33 | 0.10% |
| FARMERS SAVINGS & LOAN BANK INC | 210,192.00 | 248,172,663.67 | 0.08% |
| ENTERPRISE BANK INC (A THRIFT BANK) | 1,241,625.67 | 1,540,768,313.05 | 0.08% |
| MAYBANK PHILIPPINES INC | 30,187,980.01 | 41,029,216,839.99 | 0.07% |
| CITY SAVINGS BANK INC | 25,028,045.73 | 34,321,773,492.41 | 0.07% |
| ISLA BANK(A THRIFT BANK) INC | 380,783.02 | 663,616,113.32 | 0.06% |
| PLANTERS DEVELOPMENT BANK | 16,963,996.39 | 31,706,669,288.00 | 0.05% |
| STANDARD CHARTERED BANK | 17,712,872.52 | 37,765,933,062.45 | 0.05% |
| THE BNK OF TOKYO-MITSUBISHI UFJ LTD | 11,438,753.82 | 35,520,609,421.20 | 0.03% |
| UCPB SAVINGS BANK | 2,749,523.85 | 10,658,314,361.99 | 0.03% |
| BPI FAMILY SAVINGS BANK INC | 27,638,733.01 | 155,678,280,550.65 | 0.02% |
| BANK OF COMMERCE | 5,804,522.25 | 44,117,486,695.46 | 0.01% |
| BPI DIRECT SAVINGS BANK INC | 815,478.96 | 9,065,324,732.54 | 0.01% |
| KOREA EXCHANGE BANK | 320,000.00 | 3,592,688,376.33 | 0.01% |
| ALLIED SAVINGS BANK | 624,999.97 | 8,069,424,979.49 | 0.01% |
| UNITED OVERSEAS BANK PHILIPPINES | 11,417.06 | 969,414,965.71 | 0.00% |
| PHIL TRUST COMPANY | 177,183.51 | 50,957,921,564.39 | 0.00% |
| CITIBANK, N.A. | 5,500.00 | 158,986,525,490.22 | 0.00% |
| 1ST VALLEY BANK INC A DEVELOPMENT BANK | 0.00 | 5,623,331,142.54 | 0.00% |
| AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS | 0.00 | 201,243,142.76 | 0.00% |
| BANGKOK BANK PUBLIC CO LTD | 0.00 | 6,205,123,905.43 | 0.00% |
| BANK OF CHINA LIMITED-MANILA BRANCH | 0.00 | 7,741,599,479.72 | 0.00% |
| BATAAN DEVELOPMENT BANK | 0.00 | 192,636,701.83 | 0.00% |
| BATAAN SAVINGS AND LOAN BANK | 0.00 | 41,917,011.86 | 0.00% |
| BDO PRIVATE BANK, INC. | 0.00 | 7,879,297,983.10 | 0.00% |
| BPI GLOBE BANKO INC A SAVINGS BANK | 0.00 | 935,783,525.59 | 0.00% |
| BUSINESS AND CONSUMERS BANK (A DB) | 0.00 | 134,688,958.88 | 0.00% |
| CARD SME BANK INC A THRIFT BANK | 0.00 | 1,040,876,511.09 | 0.00% |
| DEUTSCHE BANK AG | 0.00 | 45,147,917,697.82 | 0.00% |
| DUNGGANON BANK (A MICROFINANCE THRIFT BANK) INC | 0.00 | 115,023,341.65 | 0.00% |
| INTERNATIONALE NEDERLANDEN GROEP BK | 0.00 | 29,292,018,118.16 | 0.00% |
| LEMERY SAVINGS & LOAN BANK, INC. | 0.00 | 64,860,908.82 | 0.00% |
| MEGA INT'L COMM'L BANK CO LTD | 0.00 | 8,981,619,477.78 | 0.00% |
| MERCHANTS SAVINGS & LOAN ASSN INC | 0.00 | 211,053,907.01 | 0.00% |
| METRO CEBU PUBLIC SAVINGS BANK | 0.00 | 75,758,390.68 | 0.00% |
| MICROFINANCE MAXIMUM SB INC | 0.00 | 15,361,428.87 | 0.00% |
| MIZUHO BANK LTD - MANILA BRANCH | 0.00 | 21,715,192,076.27 | 0.00% |
| NORTHPOINT DEV'T BANK INC | 0.00 | 140,441,004.56 | 0.00% |
| PACIFIC ACE SAVINGS BANK INC | 0.00 | 19,627,970.89 | 0.00% |
| PHILIPPINE RESOURCES SAVINGS BANKING CORPORATION (PR SAVINGS | 0.00 | 8,339,558,220.14 | 0.00% |
| PRIDE STAR DEVELOPMENT BANK INC | 0.00 | 36,984,293.16 | 0.00% |
| PROGRESS SAVINGS AND LOAN BANK INC | 0.00 | 2,316,731.56 | 0.00% |
| SUN SAVINGS BANK INC | 0.00 | 255,994,918.58 | 0.00% |
| UNIVERSITY SAVINGS BANK INC | 0.00 | 426,787,270.82 | 0.00% |
| CITIBANK SAVINGS INC | 0.00 | 0.00 | NA |
| BDO ELITE SAVINGS BANK INC | 0.00 | 0.00 | NA |
| Grand Total | 224,499,830,076.70 | 5,071,510,037,328.80 | 4.43% |
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 21.10% of Stockholders Equity as of June 30, 2014.
Three banks have DOSRI Loans that exceed 80% of their capital. These are as follows:
- World Partners Bank (130.90% of SE)
- Land Bank of the Philippines (98.66% of SE)
- Development Bank of the Philippines (85.03% of SE)
| Philippine Banking System | |||
| DOSRI as % of Stockholders Equity | |||
| June 30, 2014 | |||
| DOSRI | SE | DOSRI/SE | |
| Bank | (In Php) | (In PHP) | (In %) |
| WORLD PARTNERS BANK (A THRIFT BANK) | 86,419,233.58 | 66,020,653.87 | 130.90% |
| LAND BANK OF THE PHILIPPINES | 69,428,731,628.74 | 70,373,037,743.59 | 98.66% |
| DEVELOPMENT BANK OF THE PHIL | 37,756,962,285.47 | 39,731,445,991.43 | 95.03% |
| VILLAGE BANK INC (A THRIFT BANK) | 47,826,186.45 | 74,858,306.64 | 63.89% |
| PENBANK INC (A PDB) (FORMERLY: PENINSULA RB INC) | 153,231,205.61 | 286,950,829.09 | 53.40% |
| CITYSTATE SAVINGS BANK INC | 349,718,912.33 | 712,505,822.89 | 49.08% |
| BDO UNIBANK INC | 66,692,396,795.00 | 168,097,783,002.20 | 39.67% |
| QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK A THRIFT BANK | 238,209,746.16 | 659,484,508.90 | 36.12% |
| EAST WEST BANKING CORP | 6,370,456,327.42 | 19,982,806,197.40 | 31.88% |
| OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE THRIFT BANK) | 18,153,220.52 | 69,372,692.46 | 26.17% |
| TOWER DEVELOPMENT BANK | 30,186,088.04 | 116,787,594.77 | 25.85% |
| INTER-ASIA DEVELOPMENT BANK | 10,631,302.82 | 52,647,695.85 | 20.19% |
| WEALTH DEVELOPMENT BANK CORPORATION | 70,657,062.76 | 390,594,149.30 | 18.09% |
| DUMAGUETE CITY DEV BANK INC | 38,882,418.58 | 217,555,165.85 | 17.87% |
| ROBINSONS BANK CORPORATION | 936,580,852.94 | 5,429,997,908.85 | 17.25% |
| PHIL SAVINGS BANK | 2,689,948,596.27 | 15,888,557,293.01 | 16.93% |
| LIFE SAVINGS BANK INC | 9,941,366.96 | 68,444,016.81 | 14.52% |
| HIYAS BANKING CORPORATION | 23,081,691.71 | 159,262,122.00 | 14.49% |
| PRODUCERS SAVINGS BANK CORPORATION | 158,384,407.81 | 1,215,452,192.66 | 13.03% |
| CHINA BANKING CORP | 6,620,140,131.55 | 51,361,862,492.97 | 12.89% |
| RIZAL COMM'L BANKING CORP | 5,819,193,540.66 | 45,252,827,742.29 | 12.86% |
| BANK OF THE PHIL ISLANDS | 15,813,301,395.13 | 127,243,211,068.34 | 12.43% |
| PHIL POSTAL SAVINGS BANK INC | 102,824,486.65 | 941,281,642.79 | 10.92% |
| PAMPANGA DEVELOPMENT BANK | 12,927,380.57 | 122,977,750.65 | 10.51% |
| PHILIPPINE BUSINESS BANK INC A SAVINGS BANK | 721,995,042.29 | 7,666,510,181.33 | 9.42% |
| LUZON DEVELOPMENT BANK | 46,085,140.38 | 510,323,390.11 | 9.03% |
| COMSAVINGS BANK | 10,041,480.03 | 120,677,859.83 | 8.32% |
| BANK OF AMERICA N.A. | 45,340,503.20 | 596,946,705.20 | 7.60% |
| THE PALAWAN BANK (PALAWAN DB) INC | 2,089,526.12 | 28,960,778.80 | 7.22% |
| HONGKONG & SHANGHAI BANKING CORP | 438,838,449.43 | 6,128,617,011.95 | 7.16% |
| OPTIMUM DEVELOPMENT BANK INC | 41,175,677.70 | 709,905,455.92 | 5.80% |
| QUEZON COCONUT BANK INC (A THRIFT BANK) | 3,253,906.61 | 58,857,072.72 | 5.53% |
| BANK ONE SAVINGS AND TRUST CORP. | 29,793,333.33 | 550,752,559.83 | 5.41% |
| STERLING BANK OF ASIA INC (A SAVINGS BANK) | 81,677,530.68 | 1,547,193,472.97 | 5.28% |
| SAMPAGUITA SAVINGS BANK INC | 2,871,067.19 | 57,136,102.65 | 5.02% |
| MARITIME SAVINGS BANK CORPORATION | 2,896,695.21 | 63,350,757.17 | 4.57% |
| MALAYAN BANK SAVINGS AND MORT BANK INC | 39,881,186.67 | 1,028,955,335.76 | 3.88% |
| JP MORGAN CHASE BANK NATIONAL ASSN. | 45,613,197.98 | 1,208,182,494.49 | 3.78% |
| PHIL NATIONAL BANK | 2,874,648,257.10 | 79,525,798,653.86 | 3.61% |
| MALASIQUI PROGRESSIVE SLB, INC | 1,867,500.00 | 54,765,674.18 | 3.41% |
| METROPOLITAN BANK & TCO | 4,493,673,883.07 | 132,641,847,901.12 | 3.39% |
| CENTURY SAVINGS BANK CORPORATION | 25,362,387.67 | 918,765,094.33 | 2.76% |
| HSBC SAVINGS BANK(PHILS) INC | 63,489,617.62 | 2,623,473,842.47 | 2.42% |
| CORDILLERA SAVINGS BANK INC | 2,547,805.80 | 108,031,837.04 | 2.36% |
| SECURITY BANK CORP | 769,456,888.89 | 43,574,062,263.72 | 1.77% |
| SECURITY BANK SAVINGS CORPORATION | 14,500,049.65 | 1,019,390,301.56 | 1.42% |
| STANDARD CHARTERED BANK | 17,712,872.52 | 1,253,487,031.91 | 1.41% |
| UNION BANK OF THE PHILS | 568,257,614.81 | 42,715,477,296.24 | 1.33% |
| UNITED COCONUT PLANTERS BANK | 247,103,348.29 | 20,882,259,694.88 | 1.18% |
| LEGAZPI SAVINGS BANK INC | 3,635,938.05 | 334,365,431.73 | 1.09% |
| ANZ BANKING GROUP LTD | 34,767,571.26 | 3,346,921,525.57 | 1.04% |
| PHILIPPINE VETERANS BANK | 47,276,758.78 | 5,917,940,630.82 | 0.80% |
| EQUICOM SAVINGS BANK INC | 4,177,235.44 | 538,925,750.57 | 0.78% |
| RCBC SAVINGS BANK INC | 49,753,564.21 | 6,842,294,050.02 | 0.73% |
| CHINA BANK SAVINGS INC | 12,266,214.11 | 1,982,007,109.53 | 0.62% |
| PLANTERS DEVELOPMENT BANK | 16,963,996.39 | 2,770,525,271.24 | 0.61% |
| ENTERPRISE BANK INC (A THRIFT BANK) | 1,241,625.67 | 215,307,197.40 | 0.58% |
| PHIL BANK OF COMMUNICATIONS | 28,628,918.10 | 5,194,240,289.85 | 0.55% |
| CITY SAVINGS BANK INC | 25,028,045.73 | 4,907,979,643.50 | 0.51% |
| ASIA UNITED BANK CORPORATION | 94,897,421.21 | 19,680,515,913.14 | 0.48% |
| FIRST CONSOLIDATED BANK INC (A PDB) | 10,519,481.61 | 2,664,050,395.87 | 0.39% |
| CTBC BANK (PHILIPPINES) CORP | 20,552,631.25 | 6,459,643,064.19 | 0.32% |
| MAYBANK PHILIPPINES INC | 30,187,980.01 | 10,125,085,763.01 | 0.30% |
| THE BNK OF TOKYO-MITSUBISHI UFJ LTD | 11,438,753.82 | 4,636,362,532.62 | 0.25% |
| TONGYANG SAVINGS BANK INC | 796,381.46 | 387,360,153.54 | 0.21% |
| FARMERS SAVINGS & LOAN BANK INC | 210,192.00 | 116,029,094.22 | 0.18% |
| BPI FAMILY SAVINGS BANK INC | 27,638,733.01 | 19,607,082,053.13 | 0.14% |
| UCPB SAVINGS BANK | 2,749,523.85 | 2,778,790,125.30 | 0.10% |
| BPI DIRECT SAVINGS BANK INC | 815,478.96 | 1,109,886,490.98 | 0.07% |
| ALLIED SAVINGS BANK | 624,999.97 | 1,007,522,889.56 | 0.06% |
| ISLA BANK(A THRIFT BANK) INC | 380,783.02 | 650,869,719.80 | 0.06% |
| KOREA EXCHANGE BANK | 320,000.00 | 558,783,438.21 | 0.06% |
| BANK OF COMMERCE | 5,804,522.25 | 13,804,019,099.41 | 0.04% |
| UNITED OVERSEAS BANK PHILIPPINES | 11,417.06 | 1,287,218,129.23 | 0.00% |
| PHIL TRUST COMPANY | 177,183.51 | 21,375,540,063.61 | 0.00% |
| CITIBANK, N.A. | 5,500.00 | 7,544,767,162.98 | 0.00% |
| 1ST VALLEY BANK INC A DEVELOPMENT BANK | 0.00 | 1,097,657,583.44 | 0.00% |
| AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS | 0.00 | 376,280,973.01 | 0.00% |
| BANGKOK BANK PUBLIC CO LTD | 0.00 | 1,127,540,326.47 | 0.00% |
| BANK OF CHINA LIMITED-MANILA BRANCH | 0.00 | 855,649,253.17 | 0.00% |
| BATAAN DEVELOPMENT BANK | 0.00 | 68,845,166.07 | 0.00% |
| BATAAN SAVINGS AND LOAN BANK | 0.00 | 73,274,541.94 | 0.00% |
| BDO ELITE SAVINGS BANK INC | 0.00 | 802,740,672.73 | 0.00% |
| BDO PRIVATE BANK, INC. | 0.00 | 5,548,736,354.23 | 0.00% |
| BPI GLOBE BANKO INC A SAVINGS BANK | 0.00 | 246,665,785.77 | 0.00% |
| BUSINESS AND CONSUMERS BANK (A DB) | 0.00 | 83,350,906.55 | 0.00% |
| CARD SME BANK INC A THRIFT BANK | 0.00 | 296,679,524.16 | 0.00% |
| CITIBANK SAVINGS INC | 0.00 | 920,744,421.35 | 0.00% |
| DEUTSCHE BANK AG | 0.00 | 2,215,104,355.99 | 0.00% |
| DUNGGANON BANK (A MICROFINANCE THRIFT BANK) INC | 0.00 | 90,312,215.44 | 0.00% |
| INTERNATIONALE NEDERLANDEN GROEP BK | 0.00 | 2,561,962,514.03 | 0.00% |
| LEMERY SAVINGS & LOAN BANK, INC. | 0.00 | 73,865,607.32 | 0.00% |
| MEGA INT'L COMM'L BANK CO LTD | 0.00 | 1,930,759,082.84 | 0.00% |
| MERCHANTS SAVINGS & LOAN ASSN INC | 0.00 | 451,922,804.67 | 0.00% |
| METRO CEBU PUBLIC SAVINGS BANK | 0.00 | 64,946,349.31 | 0.00% |
| MICROFINANCE MAXIMUM SB INC | 0.00 | 30,219,333.89 | 0.00% |
| MIZUHO BANK LTD - MANILA BRANCH | 0.00 | 2,746,484,720.25 | 0.00% |
| NORTHPOINT DEV'T BANK INC | 0.00 | 104,178,008.09 | 0.00% |
| PACIFIC ACE SAVINGS BANK INC | 0.00 | 77,669,919.54 | 0.00% |
| PHILIPPINE RESOURCES SAVINGS BANKING CORPORATION (PR SAVINGS | 0.00 | 1,770,632,368.82 | 0.00% |
| PRIDE STAR DEVELOPMENT BANK INC | 0.00 | 74,219,530.70 | 0.00% |
| PROGRESS SAVINGS AND LOAN BANK INC | 0.00 | 84,514,488.11 | 0.00% |
| SUN SAVINGS BANK INC | 0.00 | 103,382,709.39 | 0.00% |
| UNIVERSITY SAVINGS BANK INC | 0.00 | 400,897,820.00 | 0.00% |
| Grand Total | 224,499,830,076.70 | 1,063,728,443,151.57 | 21.10% |
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 408.739 million, or 0.18% of its DOSRI Loans fell past due as of June 30, 2014. Of the seventy-six banks with DOSRI Loans, sixty-two 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 | |||
| June 30, 2014 | |||
| DOSRI Past Due | DOSRI | DOSRI Past Due/DOSRI | |
| Bank | (In PHP) | (In PHP) | (In %) |
| PHIL SAVINGS BANK | 395,877,638.29 | 2,689,948,596.27 | 14.72% |
| UNITED COCONUT PLANTERS BANK | 3,312,766.77 | 247,103,348.29 | 1.34% |
| PHIL BANK OF COMMUNICATIONS | 289,120.16 | 28,628,918.10 | 1.01% |
| CHINA BANK SAVINGS INC | 66,367.82 | 12,266,214.11 | 0.54% |
| UNITED OVERSEAS BANK PHILIPPINES | 38.00 | 11,417.06 | 0.33% |
| PHIL NATIONAL BANK | 1,569,584.21 | 2,874,648,257.10 | 0.05% |
| MALAYAN BANK SAVINGS AND MORT BANK INC | 13,251.76 | 39,881,186.67 | 0.03% |
| BANK OF THE PHIL ISLANDS | 3,755,098.43 | 15,813,301,395.13 | 0.02% |
| RIZAL COMM'L BANKING CORP | 1,057,055.40 | 5,819,193,540.66 | 0.02% |
| EAST WEST BANKING CORP | 865,441.37 | 6,370,456,327.42 | 0.01% |
| ROBINSONS BANK CORPORATION | 44,528.48 | 936,580,852.94 | 0.00% |
| CHINA BANKING CORP | 134,386.04 | 6,620,140,131.55 | 0.00% |
| LAND BANK OF THE PHILIPPINES | 981,642.72 | 69,428,731,628.74 | 0.00% |
| BDO UNIBANK INC | 771,886.68 | 66,692,396,795.00 | 0.00% |
| UCPB SAVINGS BANK | 8.00 | 2,749,523.85 | 0.00% |
| ALLIED SAVINGS BANK | 0.00 | 624,999.97 | 0.00% |
| ANZ BANKING GROUP LTD | 0.00 | 34,767,571.26 | 0.00% |
| ASIA UNITED BANK CORPORATION | 0.00 | 94,897,421.21 | 0.00% |
| BANK OF AMERICA N.A. | 0.00 | 45,340,503.20 | 0.00% |
| BANK OF COMMERCE | 0.00 | 5,804,522.25 | 0.00% |
| BANK ONE SAVINGS AND TRUST CORP. | 0.00 | 29,793,333.33 | 0.00% |
| BPI DIRECT SAVINGS BANK INC | 0.00 | 815,478.96 | 0.00% |
| BPI FAMILY SAVINGS BANK INC | 0.00 | 27,638,733.01 | 0.00% |
| CENTURY SAVINGS BANK CORPORATION | 0.00 | 25,362,387.67 | 0.00% |
| CITIBANK, N.A. | 0.00 | 5,500.00 | 0.00% |
| CITY SAVINGS BANK INC | 0.00 | 25,028,045.73 | 0.00% |
| CITYSTATE SAVINGS BANK INC | 0.00 | 349,718,912.33 | 0.00% |
| COMSAVINGS BANK | 0.00 | 10,041,480.03 | 0.00% |
| CORDILLERA SAVINGS BANK INC | 0.00 | 2,547,805.80 | 0.00% |
| CTBC BANK (PHILIPPINES) CORP | 0.00 | 20,552,631.25 | 0.00% |
| DEVELOPMENT BANK OF THE PHIL | 0.00 | 37,756,962,285.47 | 0.00% |
| DUMAGUETE CITY DEV BANK INC | 0.00 | 38,882,418.58 | 0.00% |
| ENTERPRISE BANK INC (A THRIFT BANK) | 0.00 | 1,241,625.67 | 0.00% |
| EQUICOM SAVINGS BANK INC | 0.00 | 4,177,235.44 | 0.00% |
| FARMERS SAVINGS & LOAN BANK INC | 0.00 | 210,192.00 | 0.00% |
| FIRST CONSOLIDATED BANK INC (A PDB) | 0.00 | 10,519,481.61 | 0.00% |
| HIYAS BANKING CORPORATION | 0.00 | 23,081,691.71 | 0.00% |
| HONGKONG & SHANGHAI BANKING CORP | 0.00 | 438,838,449.43 | 0.00% |
| HSBC SAVINGS BANK(PHILS) INC | 0.00 | 63,489,617.62 | 0.00% |
| INTER-ASIA DEVELOPMENT BANK | 0.00 | 10,631,302.82 | 0.00% |
| ISLA BANK(A THRIFT BANK) INC | 0.00 | 380,783.02 | 0.00% |
| JP MORGAN CHASE BANK NATIONAL ASSN. | 0.00 | 45,613,197.98 | 0.00% |
| KOREA EXCHANGE BANK | 0.00 | 320,000.00 | 0.00% |
| LEGAZPI SAVINGS BANK INC | 0.00 | 3,635,938.05 | 0.00% |
| LIFE SAVINGS BANK INC | 0.00 | 9,941,366.96 | 0.00% |
| LUZON DEVELOPMENT BANK | 0.00 | 46,085,140.38 | 0.00% |
| MALASIQUI PROGRESSIVE SLB, INC | 0.00 | 1,867,500.00 | 0.00% |
| MARITIME SAVINGS BANK CORPORATION | 0.00 | 2,896,695.21 | 0.00% |
| MAYBANK PHILIPPINES INC | 0.00 | 30,187,980.01 | 0.00% |
| METROPOLITAN BANK & TCO | 0.00 | 4,493,673,883.07 | 0.00% |
| OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE THRIFT BANK) | 0.00 | 18,153,220.52 | 0.00% |
| OPTIMUM DEVELOPMENT BANK INC | 0.00 | 41,175,677.70 | 0.00% |
| PAMPANGA DEVELOPMENT BANK | 0.00 | 12,927,380.57 | 0.00% |
| PENBANK INC (A PDB) (FORMERLY: PENINSULA RB INC) | 0.00 | 153,231,205.61 | 0.00% |
| PHIL POSTAL SAVINGS BANK INC | 0.00 | 102,824,486.65 | 0.00% |
| PHIL TRUST COMPANY | 0.00 | 177,183.51 | 0.00% |
| PHILIPPINE BUSINESS BANK INC A SAVINGS BANK | 0.00 | 721,995,042.29 | 0.00% |
| PHILIPPINE VETERANS BANK | 0.00 | 47,276,758.78 | 0.00% |
| PLANTERS DEVELOPMENT BANK | 0.00 | 16,963,996.39 | 0.00% |
| PRODUCERS SAVINGS BANK CORPORATION | 0.00 | 158,384,407.81 | 0.00% |
| QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK A THRIFT BANK | 0.00 | 238,209,746.16 | 0.00% |
| QUEZON COCONUT BANK INC (A THRIFT BANK) | 0.00 | 3,253,906.61 | 0.00% |
| RCBC SAVINGS BANK INC | 0.00 | 49,753,564.21 | 0.00% |
| SAMPAGUITA SAVINGS BANK INC | 0.00 | 2,871,067.19 | 0.00% |
| SECURITY BANK CORP | 0.00 | 769,456,888.89 | 0.00% |
| SECURITY BANK SAVINGS CORPORATION | 0.00 | 14,500,049.65 | 0.00% |
| STANDARD CHARTERED BANK | 0.00 | 17,712,872.52 | 0.00% |
| STERLING BANK OF ASIA INC (A SAVINGS BANK) | 0.00 | 81,677,530.68 | 0.00% |
| THE BNK OF TOKYO-MITSUBISHI UFJ LTD | 0.00 | 11,438,753.82 | 0.00% |
| THE PALAWAN BANK (PALAWAN DB) INC | 0.00 | 2,089,526.12 | 0.00% |
| TONGYANG SAVINGS BANK INC | 0.00 | 796,381.46 | 0.00% |
| TOWER DEVELOPMENT BANK | 0.00 | 30,186,088.04 | 0.00% |
| UNION BANK OF THE PHILS | 0.00 | 568,257,614.81 | 0.00% |
| VILLAGE BANK INC (A THRIFT BANK) | 0.00 | 47,826,186.45 | 0.00% |
| WEALTH DEVELOPMENT BANK CORPORATION | 0.00 | 70,657,062.76 | 0.00% |
| WORLD PARTNERS BANK (A THRIFT BANK) | 0.00 | 86,419,233.58 | 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 BANK) INC | 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 CORPORATION (PR SAVINGS | 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 |
| UNIVERSITY SAVINGS BANK INC | 0.00 | 0.00 | NA |
| Grand Total | 408,738,814.13 | 224,499,830,076.70 | 0.18% |
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