Editor's Note: The ratio of Distressed Assets to Total Capital Cushion is a variant of the famous Texas Ratio, which was widely used by US financial regulators to predict bank failure during the US Savings and Loan Crisis in the 1980s and early 1990s. The basic premise is that a bank with Distressed Assets greater than its Capital Cushion is in danger of insolvency, because a significant drop in the value of the Distressed Assets will eat into a significant amount of the bank's capital. For a more detailed discussion of this ratio, please visit a previous blog post: The Texas Ratio of Select Philippine Banks
Based on the individual Published Statements of Condition for the Philippine Banking Industry (from www.bsp.gov.ph), Total Distressed Assets of Philippine Banks decreased by Php 11.741 billion or -1.75% from September 30, 2014 to December 31, 2014. This decrease was aided 5.52% increase in their Total Capital Cushion during the same period. As a result, the Ratio of Total Distressed Assets to Total Capital Cushion of Philippine Commercial Banks decreased by 4.03%, from 58.44% as of September 30, 2014 to 54.41% as of December 31, 2014. On a year on year basis, the Distressed Asset Ratio has dropped 5.08% from 59.49% as of December 31, 2013 to 54.41% as of December 31, 2014.
Those banks that posted significant improvements (25% or more) in this ratio include (Distressed banks are highlighted in yellow).
:
- Allied Savings Bank (89.79% decrease)
- Internationale Nederlanden Groep BK (83.57% decrease)
- JP Morgan Chase Bank National Association ((74.42% decrease)
- HongKong & Shanghai Banking Corporation (73.13% decrease)
- Standard Chartered Bank (69.15% decrease)
- Bank of China Limited - Manila Branch (65.49% decrease)
- Isla Bank (65.08% decrease)
- ANZ Banking Group Ltd (64.37% decrease)
- Mizuho Bank Ltd (59.20% decrease)
- Bangkok Bank Public Co. Ltd (56.36% decrease)
- Korea Exchange Bank (54.26% decrease)
- The Bank of Tokyo-Mitsubishi UFH Ltd (47.94% decrease)
- Deutsche Bank AG (35.06% decrease)
- Citibank N.A. (33.78% decrease)
- Legazpi Savings Bank Inc. (31.30% decrease)
- Malasiqui Progressive SLB, Inc. (26.00% decrease)
- Comsavings Bank (4394.69% increase)
- United Coconut Planters Bank (46.57% increase)
- HSBC Savings Bank (Phils) Inc. (40.55% increase)
- Maritime Savings Bank Corporation (34.47% increase)
- Optimum Development Bank Inc. (32.03% increase)
- Opportunity Kauswagan Bank Inc. (28.24% increase)
- UCPB Savings Bank (25.78% increase)
- Philippine Resources Savings Banking Corporation (25.45% increase)
Distressed Banks
Three of the eight banks with significant increases have been classified as distressed based on their ratio of Total Distressed Assets to Total Capital Cushion as of the December 31, 2014. These banks are Comsavings Bank, which had a distressed ratio of 60,913.00%, United Coconut Planters Bank (distressed ratio of 441,42%), and Philippine Resources Savings Banking Corporation (distressed ratio of 101.19%).
The list of Philippine Banks classified as distressed as of December 31, 2014 are as follows:
- Comsavings Bank (Distressed Ratio of 60,913.00%)
- Legazpi Savings Bank (Distressed Ratio of 893.00%)
- Village Bank Inc. (Distressed Ratio of 712.56%)
- United Coconut Planters Bank (Distressed Ratio of 441.42%)
- Bank of China Limited - Manila Branch (Distressed Ratio of 420.43%)
- Business and Consumers Bank (Distressed Ratio of 268.02%)
- Inter-Asia Development Bank (Distressed Ratio of 267.59%)
- Citibank, N.A. (Distressed Ratio of 195.89%)
- Planters Development Bank (Distressed Ratio of 191.46%)
- Bank of Commerce (Distressed Ratio of 184.58%)
- Bataan Development Bank (Distressed Ratio of 144.69%)
- World Partners Bank (Distressed Ratio of 135.09%)
- Enterprise Bank Inc. (Distressed Ratio of 133.68%)
- Malayan Bank Savings and Mortgage Bank (129.81%)
- RCBC Savings Bank Inc. (Distressed Ratio of 126.64%)
- China Bank Savings Inc. (Distressed Ratio of 105.82%)
- Philippine Bank of Communications (Distressed Ratio of 102.76%)
- Deutsche Bank AG (Distressed Ratio of 102.27%)
- Philippine Resources Banking Corporation (Distressed Ratio of 101.19%)
It is important to note that Comsavings Bank has an extremely high distressed ratio because it only has Php 51.557 million in stockholder's equity supporting Php 2.121 billion in distressed assets as of December 31, 2014.
Departures
There have been several departures from the list of Distressed Banks since September 30, 2014.
- Equicom Savings Bank Inc., which had a distressed ratio of 109.80% as of September 30, 2014, dropped out of the list of Distressed Banks with a distressed ratio of 98.81% as of December 31, 2014.
- Wealth Development Bank Corporation, which had a distressed ratio of 102.12% as of September 30, 2014, also dropped out of the list with a distressed ratio of 95.73% as of December 31, 2014.
- Standard Chartered Bank, which had a distressed ratio of 146.76% as of September 30, 2014, also dropped out of the list with a distressed ratio of 45.27% as of December 31, 2014.
- HongKong & Shanghai Banking Corporation, which had a distressed ratio of 121.25% as of September 30, 2014, also dropped out of the list with a distressed ratio of 32.58% as of December 31, 2014.
Arrivals
One bank entered the Distressed Banks List: Philippine Resources Savings Banking Corporation. This bank, which had a Distressed Ratio of 80.66% as of September 30, 2014, now has a Distressed Ratio of 101.19% as of December 31, 2014.
Philippine Banking System | ||||
Total Distressed Assets/ Total Capital Cushion | ||||
September 30, 2014 to December 31, 2014 | ||||
In Php | ||||
Bank | December 31, 2014 | September 30, 2014 | Variance | % Variance |
COMSAVINGS BANK | 60913.00% | 1108.58% | 59804.42% | 5394.69% |
UNITED COCONUT PLANTERS BANK | 441.42% | 301.17% | 140.25% | 46.57% |
HSBC SAVINGS BANK(PHILS) INC | 19.33% | 13.75% | 5.58% | 40.55% |
MARITIME SAVINGS BANK CORPORATION | 55.91% | 41.58% | 14.33% | 34.47% |
OPTIMUM DEVELOPMENT BANK INC | 35.70% | 27.04% | 8.66% | 32.03% |
OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE THRIFT BANK) | 88.11% | 68.71% | 19.40% | 28.24% |
UCPB SAVINGS BANK | 95.17% | 75.66% | 19.51% | 25.78% |
PHILIPPINE RESOURCES SAVINGS BANKING CORPORATION (PR SAVINGS | 101.19% | 80.66% | 20.53% | 25.45% |
STERLING BANK OF ASIA INC (A SAVINGS BANK) | 92.90% | 74.93% | 17.97% | 23.98% |
DUNGGANON BANK (A MICROFINANCE THRIFT BANK) INC | 45.95% | 37.35% | 8.60% | 23.03% |
CARD SME BANK INC A THRIFT BANK | 26.85% | 22.37% | 4.48% | 20.03% |
EAST WEST BANKING CORP | 89.02% | 75.96% | 13.05% | 17.18% |
DEVELOPMENT BANK OF THE PHIL | 44.81% | 38.29% | 6.53% | 17.05% |
BANK OF THE PHIL ISLANDS | 25.91% | 22.18% | 3.73% | 16.80% |
ROBINSONS BANK CORPORATION | 48.14% | 41.41% | 6.73% | 16.24% |
MEGA INT'L COMM'L BANK CO LTD | 30.92% | 26.61% | 4.31% | 16.20% |
CENTURY SAVINGS BANK CORPORATION | 13.52% | 11.65% | 1.87% | 16.02% |
MAYBANK PHILIPPINES INC | 37.34% | 33.18% | 4.16% | 12.55% |
LUZON DEVELOPMENT BANK | 77.24% | 68.63% | 8.61% | 12.55% |
LAND BANK OF THE PHILIPPINES | 41.59% | 37.05% | 4.54% | 12.25% |
PAMPANGA DEVELOPMENT BANK | 41.62% | 37.61% | 4.01% | 10.67% |
RIZAL COMM'L BANKING CORP | 36.87% | 33.93% | 2.94% | 8.65% |
METRO CEBU PUBLIC SAVINGS BANK | 59.82% | 55.29% | 4.54% | 8.20% |
ENTERPRISE BANK INC (A THRIFT BANK) | 133.68% | 123.79% | 9.89% | 7.99% |
SECURITY BANK SAVINGS CORPORATION | 98.44% | 91.57% | 6.86% | 7.49% |
QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK A THRIFT BANK | 20.13% | 19.18% | 0.95% | 4.95% |
CTBC BANK (PHILIPPINES) CORP | 21.89% | 21.19% | 0.71% | 3.34% |
PHIL SAVINGS BANK | 85.07% | 82.42% | 2.65% | 3.22% |
BUSINESS AND CONSUMERS BANK (A DB) | 268.02% | 260.09% | 7.93% | 3.05% |
PHIL POSTAL SAVINGS BANK INC | 66.48% | 65.07% | 1.41% | 2.17% |
ASIA UNITED BANK CORPORATION | 39.31% | 38.61% | 0.70% | 1.81% |
PRODUCERS SAVINGS BANK CORPORATION | 76.87% | 75.75% | 1.11% | 1.47% |
FARMERS SAVINGS & LOAN BANK INC | 95.88% | 94.59% | 1.29% | 1.36% |
THE PALAWAN BANK (PALAWAN DB) INC | 71.80% | 70.86% | 0.94% | 1.33% |
RCBC SAVINGS BANK INC | 126.64% | 125.02% | 1.62% | 1.29% |
FIRST CONSOLIDATED BANK INC (A PDB) | 31.26% | 31.01% | 0.25% | 0.81% |
PHIL BANK OF COMMUNICATIONS | 102.76% | 101.99% | 0.77% | 0.76% |
DUMAGUETE CITY DEV BANK INC | 86.71% | 86.06% | 0.65% | 0.75% |
BATAAN DEVELOPMENT BANK | 144.69% | 144.11% | 0.59% | 0.41% |
MERCHANTS SAVINGS & LOAN ASSN INC | 54.73% | 54.55% | 0.18% | 0.32% |
UNITED OVERSEAS BANK PHILIPPINES | 42.28% | 42.23% | 0.05% | 0.12% |
BPI FAMILY SAVINGS BANK INC | 50.88% | 50.84% | 0.05% | 0.09% |
BDO ELITE SAVINGS BANK INC | 11.09% | 11.09% | 0.00% | 0.00% |
BANK OF AMERICA N.A. | 1.40% | 1.40% | 0.00% | -0.05% |
INTER-ASIA DEVELOPMENT BANK | 267.59% | 268.32% | -0.73% | -0.27% |
BANK ONE SAVINGS AND TRUST CORP. | 38.07% | 38.33% | -0.26% | -0.68% |
VILLAGE BANK INC (A THRIFT BANK) | 712.56% | 718.14% | -5.58% | -0.78% |
CHINA BANKING CORP | 38.15% | 38.47% | -0.32% | -0.83% |
1ST VALLEY BANK INC A DEVELOPMENT BANK | 53.96% | 54.52% | -0.57% | -1.04% |
SECURITY BANK CORP | 24.33% | 24.61% | -0.28% | -1.13% |
BANK OF COMMERCE | 184.58% | 186.75% | -2.17% | -1.16% |
PROGRESS SAVINGS AND LOAN BANK INC | 2.86% | 2.91% | -0.05% | -1.83% |
QUEZON COCONUT BANK INC (A THRIFT BANK) | 25.75% | 26.25% | -0.50% | -1.90% |
AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS | 4.77% | 4.88% | -0.11% | -2.17% |
LEMERY SAVINGS & LOAN BANK, INC. | 17.90% | 18.34% | -0.44% | -2.41% |
SUN SAVINGS BANK INC | 11.82% | 12.14% | -0.31% | -2.58% |
PHILIPPINE BUSINESS BANK INC A SAVINGS BANK | 23.80% | 24.50% | -0.69% | -2.83% |
MALAYAN BANK SAVINGS AND MORT BANK INC | 129.81% | 133.72% | -3.90% | -2.92% |
BDO PRIVATE BANK, INC. | 17.73% | 18.62% | -0.89% | -4.78% |
BPI DIRECT SAVINGS BANK INC | 23.10% | 24.26% | -1.17% | -4.81% |
PENBANK INC (A PDB) (FORMERLY: PENINSULA RB INC) | 56.10% | 59.05% | -2.95% | -4.99% |
PHIL STAR DEVELOPMENT BANK INC | 55.58% | 58.64% | -3.06% | -5.22% |
BATAAN SAVINGS AND LOAN BANK | 15.74% | 16.66% | -0.91% | -5.49% |
CITY SAVINGS BANK INC | 30.42% | 32.20% | -1.78% | -5.53% |
LIFE SAVINGS BANK INC | 37.64% | 39.96% | -2.32% | -5.81% |
BDO UNIBANK INC | 55.30% | 58.73% | -3.43% | -5.83% |
SAMPAGUITA SAVINGS BANK INC | 33.96% | 36.10% | -2.14% | -5.92% |
PHIL TRUST COMPANY | 30.59% | 32.57% | -1.98% | -6.08% |
TONGYANG SAVINGS BANK INC | 59.74% | 63.61% | -3.87% | -6.09% |
WEALTH DEVELOPMENT BANK CORPORATION | 95.73% | 102.12% | -6.39% | -6.26% |
UNIVERSITY SAVINGS BANK INC | 43.22% | 46.51% | -3.30% | -7.09% |
NORTHPOINT DEV'T BANK INC | 47.69% | 51.85% | -4.16% | -8.02% |
UNION BANK OF THE PHILS | 65.58% | 71.40% | -5.82% | -8.15% |
PHILIPPINE VETERANS BANK | 85.65% | 93.27% | -7.62% | -8.17% |
PLANTERS DEVELOPMENT BANK | 191.46% | 209.85% | -18.39% | -8.76% |
CORDILLERA SAVINGS BANK INC | 66.36% | 72.76% | -6.39% | -8.79% |
EQUICOM SAVINGS BANK INC | 98.81% | 109.80% | -11.00% | -10.02% |
PHIL NATIONAL BANK | 69.64% | 77.80% | -8.16% | -10.48% |
HIYAS BANKING CORPORATION | 14.60% | 16.59% | -2.00% | -12.03% |
TOWER DEVELOPMENT BANK | 17.71% | 21.78% | -4.07% | -18.69% |
WORLD PARTNERS BANK (A THRIFT BANK) | 135.09% | 169.14% | -34.05% | -20.13% |
METROPOLITAN BANK & TCO | 31.47% | 39.41% | -7.94% | -20.15% |
CHINA BANK SAVINGS INC | 105.82% | 135.86% | -30.04% | -22.11% |
MALASIQUI PROGRESSIVE SLB, INC | 17.41% | 23.53% | -6.12% | -26.00% |
LEGAZPI SAVINGS BANK INC | 893.00% | 1299.80% | -406.80% | -31.30% |
CITIBANK, N.A. | 195.89% | 295.84% | -99.95% | -33.78% |
DEUTSCHE BANK AG | 102.27% | 157.48% | -55.22% | -35.06% |
THE BNK OF TOKYO-MITSUBISHI UFJ LTD | 1.52% | 2.92% | -1.40% | -47.94% |
KOREA EXCHANGE BANK | 35.42% | 77.43% | -42.02% | -54.26% |
BANGKOK BANK PUBLIC CO LTD | 1.97% | 4.51% | -2.54% | -56.36% |
MIZUHO BANK LTD - MANILA BRANCH | 15.87% | 38.89% | -23.02% | -59.20% |
ANZ BANKING GROUP LTD | 21.67% | 60.81% | -39.14% | -64.37% |
ISLA BANK(A THRIFT BANK) INC | 3.07% | 8.80% | -5.73% | -65.08% |
BANK OF CHINA LIMITED-MANILA BRANCH | 420.43% | 1218.12% | -797.68% | -65.49% |
STANDARD CHARTERED BANK | 45.27% | 146.76% | -101.48% | -69.15% |
HONGKONG & SHANGHAI BANKING CORP | 32.58% | 121.25% | -88.67% | -73.13% |
JP MORGAN CHASE BANK NATIONAL ASSN. | 3.94% | 15.41% | -11.47% | -74.42% |
INTERNATIONALE NEDERLANDEN GROEP BK | 2.30% | 14.02% | -11.72% | -83.57% |
ALLIED SAVINGS BANK | 6.23% | 61.07% | -54.84% | -89.79% |
CITYSTATE SAVINGS BANK INC | NA | 33.70% | NA | NA |
PACIFIC ACE SAVINGS BANK INC | NA | 5.88% | NA | NA |
54.41% | 58.44% | -4.03% | -6.89% |
Philippine Banking System | |||||||||||||||
Total Distressed Assets/ Total Capital Cushion | |||||||||||||||
September 30, 2014 to December 31, 2014 | |||||||||||||||
In Php | |||||||||||||||
December 31, 2014 | September 30, 2014 | Variance | % Variance | ||||||||||||
Bank | Total Distressed Assets (In PhP) | Total Capital Cushion (In PhP) | Distressed Assets/ Total Capital Cushion (In %) | Total Distressed Assets (In PhP) | Total Capital Cushion (In PhP) | Distressed Assets/ Total Capital Cushion (In %) | Total Distressed Assets (In PhP) | Total Capital Cushion (In PhP) | Distressed Assets/ Total Capital Cushion (In %) | Total Distressed Assets (In PhP) | Total Capital Cushion (In PhP) | Distressed Assets/ Total Capital Cushion (In %) | |||
COMSAVINGS BANK | 1,398,070,410.89 | 2,295,192.29 | 60913.00% | 1,393,351,602.43 | 125,688,105.95 | 1108.58% | 4,718,808.46 | -123,392,913.66 | 59804.42% | 0.34% | -98.17% | 5394.69% | |||
LEGAZPI SAVINGS BANK INC | 887,433,967.77 | 99,376,544.76 | 893.00% | 889,758,254.82 | 68,453,617.33 | 1299.80% | -2,324,287.05 | 30,922,927.43 | -406.80% | -0.26% | 45.17% | -31.30% | |||
VILLAGE BANK INC (A THRIFT BANK) | 623,040,423.79 | 87,436,393.60 | 712.56% | 627,916,438.88 | 87,436,393.60 | 718.14% | -4,876,015.09 | 0.00 | -5.58% | -0.78% | 0.00% | -0.78% | |||
UNITED COCONUT PLANTERS BANK | 40,277,238,768.90 | 9,124,414,677.15 | 441.42% | 39,033,121,983.62 | 12,960,345,818.80 | 301.17% | 1,244,116,785.28 | -3,835,931,141.65 | 140.25% | 3.19% | -29.60% | 46.57% | |||
BANK OF CHINA LIMITED-MANILA BRANCH | 10,482,067,027.06 | 2,493,167,070.43 | 420.43% | 8,882,497,146.55 | 729,199,796.35 | 1218.12% | 1,599,569,880.51 | 1,763,967,274.08 | -797.68% | 18.01% | 241.90% | -65.49% | |||
BUSINESS AND CONSUMERS BANK (A DB) | 236,908,467.75 | 88,393,318.46 | 268.02% | 228,694,914.96 | 87,928,971.96 | 260.09% | 8,213,552.79 | 464,346.50 | 7.93% | 3.59% | 0.53% | 3.05% | |||
INTER-ASIA DEVELOPMENT BANK | 159,467,392.11 | 59,594,775.33 | 267.59% | 156,199,143.39 | 58,213,775.33 | 268.32% | 3,268,248.72 | 1,381,000.00 | -0.73% | 2.09% | 2.37% | -0.27% | |||
CITIBANK, N.A. | 40,615,649,358.11 | 20,733,444,720.19 | 195.89% | 44,443,825,033.75 | 15,022,816,274.59 | 295.84% | -3,828,175,675.64 | 5,710,628,445.60 | -99.95% | -8.61% | 38.01% | -33.78% | |||
PLANTERS DEVELOPMENT BANK | 7,570,814,634.74 | 3,954,154,673.31 | 191.46% | 8,291,359,745.77 | 3,951,017,511.33 | 209.85% | -720,545,111.03 | 3,137,161.98 | -18.39% | -8.69% | 0.08% | -8.76% | |||
BANK OF COMMERCE | 33,796,042,237.49 | 18,309,894,416.75 | 184.58% | 33,726,451,433.02 | 18,059,781,386.87 | 186.75% | 69,590,804.47 | 250,113,029.88 | -2.17% | 0.21% | 1.38% | -1.16% | |||
BATAAN DEVELOPMENT BANK | 116,229,730.49 | 80,329,179.48 | 144.69% | 117,019,714.37 | 81,203,599.85 | 144.11% | -789,983.88 | -874,420.37 | 0.59% | -0.68% | -1.08% | 0.41% | |||
WORLD PARTNERS BANK (A THRIFT BANK) | 219,765,151.79 | 162,677,786.98 | 135.09% | 283,734,518.93 | 167,750,167.44 | 169.14% | -63,969,367.14 | -5,072,380.46 | -34.05% | -22.55% | -3.02% | -20.13% | |||
ENTERPRISE BANK INC (A THRIFT BANK) | 341,881,853.01 | 255,755,374.86 | 133.68% | 305,846,145.65 | 247,078,321.07 | 123.79% | 36,035,707.36 | 8,677,053.79 | 9.89% | 11.78% | 3.51% | 7.99% | |||
MALAYAN BANK SAVINGS AND MORT BANK INC | 1,627,040,748.55 | 1,253,359,735.13 | 129.81% | 1,568,013,654.92 | 1,172,640,199.85 | 133.72% | 59,027,093.63 | 80,719,535.28 | -3.90% | 3.76% | 6.88% | -2.92% | |||
RCBC SAVINGS BANK INC | 10,911,337,064.66 | 8,615,964,747.99 | 126.64% | 11,108,629,464.95 | 8,885,317,702.74 | 125.02% | -197,292,400.29 | -269,352,954.75 | 1.62% | -1.78% | -3.03% | 1.29% | |||
CHINA BANK SAVINGS INC | 2,984,956,647.23 | 2,820,790,084.25 | 105.82% | 3,389,328,466.07 | 2,494,661,910.48 | 135.86% | -404,371,818.84 | 326,128,173.77 | -30.04% | -11.93% | 13.07% | -22.11% | |||
PHIL BANK OF COMMUNICATIONS | 8,173,759,452.41 | 7,954,329,897.34 | 102.76% | 7,975,057,185.04 | 7,819,807,165.86 | 101.99% | 198,702,267.37 | 134,522,731.48 | 0.77% | 2.49% | 1.72% | 0.76% | |||
DEUTSCHE BANK AG | 2,438,930,725.66 | 2,384,846,604.99 | 102.27% | 2,464,237,371.95 | 1,564,765,419.82 | 157.48% | -25,306,646.29 | 820,081,185.17 | -55.22% | -1.03% | 52.41% | -35.06% | |||
PHILIPPINE RESOURCES SAVINGS BANKING CORPORATION (PR SAVINGS | 1,805,872,236.85 | 1,784,667,992.77 | 101.19% | 1,457,194,020.96 | 1,806,617,844.19 | 80.66% | 348,678,215.89 | -21,949,851.42 | 20.53% | 23.93% | -1.21% | 25.45% | |||
EQUICOM SAVINGS BANK INC | 728,483,762.74 | 737,293,772.55 | 98.81% | 683,585,144.30 | 622,549,506.55 | 109.80% | 44,898,618.44 | 114,744,266.00 | -11.00% | 6.57% | 18.43% | -10.02% | |||
SECURITY BANK SAVINGS CORPORATION | 1,567,267,759.24 | 1,592,166,669.95 | 98.44% | 1,431,968,961.43 | 1,563,747,576.07 | 91.57% | 135,298,797.81 | 28,419,093.88 | 6.86% | 9.45% | 1.82% | 7.49% | |||
FARMERS SAVINGS & LOAN BANK INC | 129,376,526.17 | 134,938,703.28 | 95.88% | 123,692,355.18 | 130,767,591.67 | 94.59% | 5,684,170.99 | 4,171,111.61 | 1.29% | 4.60% | 3.19% | 1.36% | |||
WEALTH DEVELOPMENT BANK CORPORATION | 450,033,969.13 | 470,106,341.85 | 95.73% | 471,907,867.30 | 462,106,341.85 | 102.12% | -21,873,898.17 | 8,000,000.00 | -6.39% | -4.64% | 1.73% | -6.26% | |||
UCPB SAVINGS BANK | 2,417,178,378.13 | 2,539,953,439.25 | 95.17% | 2,391,032,291.51 | 3,160,287,716.63 | 75.66% | 26,146,086.62 | -620,334,277.38 | 19.51% | 1.09% | -19.63% | 25.78% | |||
STERLING BANK OF ASIA INC (A SAVINGS BANK) | 2,604,048,417.73 | 2,803,051,740.85 | 92.90% | 1,848,604,165.44 | 2,467,099,996.71 | 74.93% | 755,444,252.29 | 335,951,744.14 | 17.97% | 40.87% | 13.62% | 23.98% | |||
EAST WEST BANKING CORP | 19,644,872,420.87 | 22,068,547,185.16 | 89.02% | 16,755,382,636.62 | 22,056,966,641.93 | 75.96% | 2,889,489,784.25 | 11,580,543.23 | 13.05% | 17.25% | 0.05% | 17.18% | |||
OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE THRIFT BANK) | 149,762,322.88 | 169,973,982.35 | 88.11% | 116,745,352.50 | 169,920,707.15 | 68.71% | 33,016,970.38 | 53,275.20 | 19.40% | 28.28% | 0.03% | 28.24% | |||
DUMAGUETE CITY DEV BANK INC | 207,520,022.18 | 239,322,684.57 | 86.71% | 206,631,586.82 | 240,089,355.49 | 86.06% | 888,435.36 | -766,670.92 | 0.65% | 0.43% | -0.32% | 0.75% | |||
PHILIPPINE VETERANS BANK | 6,090,883,229.30 | 7,111,418,438.53 | 85.65% | 6,635,555,905.02 | 7,114,383,029.07 | 93.27% | -544,672,675.72 | -2,964,590.54 | -7.62% | -8.21% | -0.04% | -8.17% | |||
PHIL SAVINGS BANK | 16,064,247,657.54 | 18,882,918,559.80 | 85.07% | 15,717,573,350.25 | 19,070,366,004.77 | 82.42% | 346,674,307.29 | -187,447,444.97 | 2.65% | 2.21% | -0.98% | 3.22% | |||
LUZON DEVELOPMENT BANK | 446,964,841.83 | 578,638,564.35 | 77.24% | 393,425,999.51 | 573,222,773.37 | 68.63% | 53,538,842.32 | 5,415,790.98 | 8.61% | 13.61% | 0.94% | 12.55% | |||
PRODUCERS SAVINGS BANK CORPORATION | 959,172,635.11 | 1,247,859,332.75 | 76.87% | 962,866,867.48 | 1,271,082,845.37 | 75.75% | -3,694,232.37 | -23,223,512.62 | 1.11% | -0.38% | -1.83% | 1.47% | |||
THE PALAWAN BANK (PALAWAN DB) INC | 27,310,877.44 | 38,036,159.66 | 71.80% | 26,750,951.00 | 37,751,079.42 | 70.86% | 559,926.44 | 285,080.24 | 0.94% | 2.09% | 0.76% | 1.33% | |||
PHIL NATIONAL BANK | 72,308,688,339.50 | 103,826,308,394.23 | 69.64% | 77,417,161,079.86 | 99,508,000,840.90 | 77.80% | -5,108,472,740.36 | 4,318,307,553.33 | -8.16% | -6.60% | 4.34% | -10.48% | |||
PHIL POSTAL SAVINGS BANK INC | 815,836,780.23 | 1,227,155,878.41 | 66.48% | 774,662,095.48 | 1,190,466,966.92 | 65.07% | 41,174,684.75 | 36,688,911.49 | 1.41% | 5.32% | 3.08% | 2.17% | |||
CORDILLERA SAVINGS BANK INC | 86,362,743.51 | 130,137,630.06 | 66.36% | 85,625,497.05 | 117,688,932.06 | 72.76% | 737,246.46 | 12,448,698.00 | -6.39% | 0.86% | 10.58% | -8.79% | |||
UNION BANK OF THE PHILS | 35,665,182,929.24 | 54,384,715,306.96 | 65.58% | 40,322,979,807.86 | 56,475,996,260.05 | 71.40% | -4,657,796,878.62 | -2,091,280,953.09 | -5.82% | -11.55% | -3.70% | -8.15% | |||
METRO CEBU PUBLIC SAVINGS BANK | 40,205,809.90 | 67,210,071.66 | 59.82% | 37,609,700.87 | 68,027,735.48 | 55.29% | 2,596,109.03 | -817,663.82 | 4.54% | 6.90% | -1.20% | 8.20% | |||
TONGYANG SAVINGS BANK INC | 285,462,345.18 | 477,880,954.31 | 59.74% | 305,407,620.27 | 480,153,522.53 | 63.61% | -19,945,275.09 | -2,272,568.22 | -3.87% | -6.53% | -0.47% | -6.09% | |||
PENBANK INC (A PDB) (FORMERLY: PENINSULA RB INC) | 200,709,855.83 | 357,750,382.63 | 56.10% | 193,175,435.42 | 327,141,103.45 | 59.05% | 7,534,420.41 | 30,609,279.18 | -2.95% | 3.90% | 9.36% | -4.99% | |||
MARITIME SAVINGS BANK CORPORATION | 39,425,377.69 | 70,518,836.94 | 55.91% | 30,588,232.64 | 73,572,495.26 | 41.58% | 8,837,145.05 | -3,053,658.32 | 14.33% | 28.89% | -4.15% | 34.47% | |||
PHIL STAR DEVELOPMENT BANK INC | 45,548,400.58 | 81,953,833.05 | 55.58% | 44,568,521.79 | 76,005,235.62 | 58.64% | 979,878.79 | 5,948,597.43 | -3.06% | 2.20% | 7.83% | -5.22% | |||
BDO UNIBANK INC | 101,986,174,062.28 | 184,410,214,335.55 | 55.30% | 108,730,967,479.64 | 185,136,669,326.66 | 58.73% | -6,744,793,417.36 | -726,454,991.11 | -3.43% | -6.20% | -0.39% | -5.83% | |||
MERCHANTS SAVINGS & LOAN ASSN INC | 272,401,148.71 | 497,720,715.99 | 54.73% | 270,684,376.66 | 496,179,980.68 | 54.55% | 1,716,772.05 | 1,540,735.31 | 0.18% | 0.63% | 0.31% | 0.32% | |||
1ST VALLEY BANK INC A DEVELOPMENT BANK | 623,108,744.05 | 1,154,837,277.93 | 53.96% | 682,710,652.79 | 1,252,106,389.20 | 54.52% | -59,601,908.74 | -97,269,111.27 | -0.57% | -8.73% | -7.77% | -1.04% | |||
BPI FAMILY SAVINGS BANK INC | 11,602,487,264.30 | 22,801,422,982.59 | 50.88% | 11,558,650,824.48 | 22,735,458,191.17 | 50.84% | 43,836,439.82 | 65,964,791.42 | 0.05% | 0.38% | 0.29% | 0.09% | |||
ROBINSONS BANK CORPORATION | 3,091,213,879.59 | 6,421,295,309.92 | 48.14% | 2,646,479,881.58 | 6,390,196,457.35 | 41.41% | 444,733,998.01 | 31,098,852.57 | 6.73% | 16.80% | 0.49% | 16.24% | |||
NORTHPOINT DEV'T BANK INC | 129,339,157.72 | 271,184,894.87 | 47.69% | 138,190,978.66 | 266,512,002.62 | 51.85% | -8,851,820.94 | 4,672,892.25 | -4.16% | -6.41% | 1.75% | -8.02% | |||
DUNGGANON BANK (A MICROFINANCE THRIFT BANK) INC | 45,347,177.73 | 98,696,812.78 | 45.95% | 37,281,530.41 | 99,828,415.11 | 37.35% | 8,065,647.32 | -1,131,602.33 | 8.60% | 21.63% | -1.13% | 23.03% | |||
STANDARD CHARTERED BANK | 3,591,581,645.27 | 7,933,415,825.35 | 45.27% | 4,776,143,452.10 | 3,254,497,240.20 | 146.76% | -1,184,561,806.83 | 4,678,918,585.15 | -101.48% | -24.80% | 143.77% | -69.15% | |||
DEVELOPMENT BANK OF THE PHIL | 17,385,771,541.94 | 38,795,716,168.79 | 44.81% | 14,971,361,427.51 | 39,103,324,786.19 | 38.29% | 2,414,410,114.43 | -307,608,617.40 | 6.53% | 16.13% | -0.79% | 17.05% | |||
UNIVERSITY SAVINGS BANK INC | 117,692,120.74 | 272,339,254.64 | 43.22% | 117,911,427.69 | 253,508,234.04 | 46.51% | -219,306.95 | 18,831,020.60 | -3.30% | -0.19% | 7.43% | -7.09% | |||
UNITED OVERSEAS BANK PHILIPPINES | 789,416,801.35 | 1,866,946,486.22 | 42.28% | 788,381,954.09 | 1,866,762,291.57 | 42.23% | 1,034,847.26 | 184,194.65 | 0.05% | 0.13% | 0.01% | 0.12% | |||
PAMPANGA DEVELOPMENT BANK | 57,183,641.48 | 137,399,553.25 | 41.62% | 51,340,101.46 | 136,517,522.94 | 37.61% | 5,843,540.02 | 882,030.31 | 4.01% | 11.38% | 0.65% | 10.67% | |||
LAND BANK OF THE PHILIPPINES | 25,307,336,763.32 | 60,844,694,037.05 | 41.59% | 22,647,059,221.11 | 61,120,955,658.78 | 37.05% | 2,660,277,542.21 | -276,261,621.73 | 4.54% | 11.75% | -0.45% | 12.25% | |||
ASIA UNITED BANK CORPORATION | 8,235,083,827.93 | 20,947,510,844.42 | 39.31% | 8,139,292,737.96 | 21,078,414,942.46 | 38.61% | 95,791,089.97 | -130,904,098.04 | 0.70% | 1.18% | -0.62% | 1.81% | |||
CHINA BANKING CORP | 22,235,699,226.06 | 58,283,559,655.42 | 38.15% | 20,297,121,712.43 | 52,760,948,691.40 | 38.47% | 1,938,577,513.63 | 5,522,610,964.02 | -0.32% | 9.55% | 10.47% | -0.83% | |||
BANK ONE SAVINGS AND TRUST CORP. | 210,545,269.60 | 553,094,853.16 | 38.07% | 211,984,160.84 | 553,094,853.16 | 38.33% | -1,438,891.24 | 0.00 | -0.26% | -0.68% | 0.00% | -0.68% | |||
LIFE SAVINGS BANK INC | 26,023,093.02 | 69,133,232.15 | 37.64% | 27,628,518.39 | 69,133,232.15 | 39.96% | -1,605,425.37 | 0.00 | -2.32% | -5.81% | 0.00% | -5.81% | |||
MAYBANK PHILIPPINES INC | 4,172,907,962.31 | 11,176,105,840.42 | 37.34% | 3,674,981,231.13 | 11,077,507,638.25 | 33.18% | 497,926,731.18 | 98,598,202.17 | 4.16% | 13.55% | 0.89% | 12.55% | |||
RIZAL COMM'L BANKING CORP | 16,977,851,703.86 | 46,050,957,777.86 | 36.87% | 15,763,241,197.01 | 46,454,684,294.15 | 33.93% | 1,214,610,506.85 | -403,726,516.29 | 2.94% | 7.71% | -0.87% | 8.65% | |||
OPTIMUM DEVELOPMENT BANK INC | 272,190,414.39 | 762,376,428.71 | 35.70% | 206,161,606.72 | 762,376,402.31 | 27.04% | 66,028,807.67 | 26.40 | 8.66% | 32.03% | 0.00% | 32.03% | |||
KOREA EXCHANGE BANK | 453,069,830.02 | 1,279,258,496.14 | 35.42% | 439,879,836.71 | 568,070,936.39 | 77.43% | 13,189,993.31 | 711,187,559.75 | -42.02% | 3.00% | 125.19% | -54.26% | |||
SAMPAGUITA SAVINGS BANK INC | 25,625,032.57 | 75,448,791.64 | 33.96% | 27,726,248.20 | 76,799,671.27 | 36.10% | -2,101,215.63 | -1,350,879.63 | -2.14% | -7.58% | -1.76% | -5.92% | |||
HONGKONG & SHANGHAI BANKING CORP | 4,606,727,072.89 | 14,138,846,593.93 | 32.58% | 8,022,116,425.25 | 6,616,305,291.45 | 121.25% | -3,415,389,352.36 | 7,522,541,302.48 | -88.67% | -42.57% | 113.70% | -73.13% | |||
METROPOLITAN BANK & TCO | 48,204,731,264.62 | 153,180,391,486.45 | 31.47% | 52,411,948,993.67 | 132,987,114,473.08 | 39.41% | -4,207,217,729.05 | 20,193,277,013.37 | -7.94% | -8.03% | 15.18% | -20.15% | |||
FIRST CONSOLIDATED BANK INC (A PDB) | 918,365,852.63 | 2,938,271,999.20 | 31.26% | 924,668,796.90 | 2,982,302,937.80 | 31.01% | -6,302,944.27 | -44,030,938.60 | 0.25% | -0.68% | -1.48% | 0.81% | |||
MEGA INT'L COMM'L BANK CO LTD | 631,018,797.52 | 2,040,867,985.59 | 30.92% | 544,478,715.02 | 2,046,228,406.05 | 26.61% | 86,540,082.50 | -5,360,420.46 | 4.31% | 15.89% | -0.26% | 16.20% | |||
PHIL TRUST COMPANY | 6,094,721,315.69 | 19,921,080,104.77 | 30.59% | 6,461,719,070.99 | 19,836,721,465.48 | 32.57% | -366,997,755.30 | 84,358,639.29 | -1.98% | -5.68% | 0.43% | -6.08% | |||
CITY SAVINGS BANK INC | 1,465,935,725.95 | 4,818,454,987.10 | 30.42% | 1,536,060,875.90 | 4,769,689,464.83 | 32.20% | -70,125,149.95 | 48,765,522.27 | -1.78% | -4.57% | 1.02% | -5.53% | |||
CARD SME BANK INC A THRIFT BANK | 93,408,022.98 | 347,930,415.79 | 26.85% | 78,045,017.39 | 348,925,225.83 | 22.37% | 15,363,005.59 | -994,810.04 | 4.48% | 19.68% | -0.29% | 20.03% | |||
BANK OF THE PHIL ISLANDS | 35,431,635,263.37 | 136,766,379,223.24 | 25.91% | 30,335,008,836.59 | 136,763,345,583.81 | 22.18% | 5,096,626,426.78 | 3,033,639.43 | 3.73% | 16.80% | 0.00% | 16.80% | |||
QUEZON COCONUT BANK INC (A THRIFT BANK) | 15,371,880.99 | 59,699,819.75 | 25.75% | 15,663,632.99 | 59,677,293.64 | 26.25% | -291,752.00 | 22,526.11 | -0.50% | -1.86% | 0.04% | -1.90% | |||
SECURITY BANK CORP | 10,350,523,785.31 | 42,541,597,642.96 | 24.33% | 10,469,287,233.26 | 42,541,741,568.95 | 24.61% | -118,763,447.95 | -143,925.99 | -0.28% | -1.13% | 0.00% | -1.13% | |||
PHILIPPINE BUSINESS BANK INC A SAVINGS BANK | 2,102,872,529.43 | 8,834,127,233.01 | 23.80% | 2,146,491,053.21 | 8,762,427,233.01 | 24.50% | -43,618,523.78 | 71,700,000.00 | -0.69% | -2.03% | 0.82% | -2.83% | |||
BPI DIRECT SAVINGS BANK INC | 272,440,018.80 | 1,179,517,465.26 | 23.10% | 285,707,733.12 | 1,177,516,551.52 | 24.26% | -13,267,714.32 | 2,000,913.74 | -1.17% | -4.64% | 0.17% | -4.81% | |||
CTBC BANK (PHILIPPINES) CORP | 1,528,127,877.00 | 6,979,451,830.86 | 21.89% | 1,476,613,463.03 | 6,969,123,309.46 | 21.19% | 51,514,413.97 | 10,328,521.40 | 0.71% | 3.49% | 0.15% | 3.34% | |||
ANZ BANKING GROUP LTD | 972,547,002.00 | 4,488,259,818.30 | 21.67% | 2,066,491,821.17 | 3,398,283,474.19 | 60.81% | -1,093,944,819.17 | 1,089,976,344.11 | -39.14% | -52.94% | 32.07% | -64.37% | |||
QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK A THRIFT BANK | 136,020,621.56 | 675,836,846.55 | 20.13% | 129,600,615.37 | 675,836,846.55 | 19.18% | 6,420,006.19 | 0.00 | 0.95% | 4.95% | 0.00% | 4.95% | |||
HSBC SAVINGS BANK(PHILS) INC | 399,130,579.35 | 2,065,235,504.36 | 19.33% | 354,047,261.60 | 2,574,800,495.39 | 13.75% | 45,083,317.75 | -509,564,991.03 | 5.58% | 12.73% | -19.79% | 40.55% | |||
LEMERY SAVINGS & LOAN BANK, INC. | 13,936,311.70 | 77,876,573.33 | 17.90% | 13,810,090.98 | 75,312,525.58 | 18.34% | 126,220.72 | 2,564,047.75 | -0.44% | 0.91% | 3.40% | -2.41% | |||
BDO PRIVATE BANK, INC. | 975,518,095.05 | 5,502,235,777.13 | 17.73% | 1,024,058,915.21 | 5,500,166,777.13 | 18.62% | -48,540,820.16 | 2,069,000.00 | -0.89% | -4.74% | 0.04% | -4.78% | |||
TOWER DEVELOPMENT BANK | 21,406,512.24 | 120,855,919.90 | 17.71% | 25,910,133.12 | 118,943,729.37 | 21.78% | -4,503,620.88 | 1,912,190.53 | -4.07% | -17.38% | 1.61% | -18.69% | |||
MALASIQUI PROGRESSIVE SLB, INC | 10,608,236.00 | 60,919,413.73 | 17.41% | 14,637,194.31 | 62,204,137.09 | 23.53% | -4,028,958.31 | -1,284,723.36 | -6.12% | -27.53% | -2.07% | -26.00% | |||
MIZUHO BANK LTD - MANILA BRANCH | 485,879,772.78 | 3,061,976,397.94 | 15.87% | 1,190,784,038.94 | 3,061,954,599.06 | 38.89% | -704,904,266.16 | 21,798.88 | -23.02% | -59.20% | 0.00% | -59.20% | |||
BATAAN SAVINGS AND LOAN BANK | 10,208,322.84 | 64,839,303.87 | 15.74% | 10,404,674.98 | 62,457,133.46 | 16.66% | -196,352.14 | 2,382,170.41 | -0.91% | -1.89% | 3.81% | -5.49% | |||
HIYAS BANKING CORPORATION | 24,909,371.74 | 170,642,703.54 | 14.60% | 27,425,812.17 | 165,280,307.52 | 16.59% | -2,516,440.43 | 5,362,396.02 | -2.00% | -9.18% | 3.24% | -12.03% | |||
CENTURY SAVINGS BANK CORPORATION | 122,490,072.11 | 906,301,593.90 | 13.52% | 105,579,662.71 | 906,301,593.90 | 11.65% | 16,910,409.40 | 0.00 | 1.87% | 16.02% | 0.00% | 16.02% | |||
SUN SAVINGS BANK INC | 13,276,207.06 | 112,275,942.77 | 11.82% | 13,623,423.90 | 112,240,918.96 | 12.14% | -347,216.84 | 35,023.81 | -0.31% | -2.55% | 0.03% | -2.58% | |||
BDO ELITE SAVINGS BANK INC | 86,151,421.70 | 777,181,365.52 | 11.09% | 86,151,421.70 | 777,181,365.52 | 11.09% | 0.00 | 0.00 | 0.00% | 0.00% | 0.00% | 0.00% | |||
ALLIED SAVINGS BANK | 699,956,544.23 | 11,229,656,247.54 | 6.23% | 673,182,830.34 | 1,102,346,018.65 | 61.07% | 26,773,713.89 | 10,127,310,228.89 | -54.84% | 3.98% | 918.71% | -89.79% | |||
AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS | 19,167,559.56 | 401,832,629.56 | 4.77% | 19,605,350.97 | 402,110,191.57 | 4.88% | -437,791.41 | -277,562.01 | -0.11% | -2.23% | -0.07% | -2.17% | |||
JP MORGAN CHASE BANK NATIONAL ASSN. | 55,488,530.91 | 1,407,968,171.20 | 3.94% | 216,934,415.68 | 1,407,858,625.00 | 15.41% | -161,445,884.77 | 109,546.20 | -11.47% | -74.42% | 0.01% | -74.42% | |||
ISLA BANK(A THRIFT BANK) INC | 20,051,281.46 | 652,412,033.66 | 3.07% | 57,428,781.52 | 652,412,033.66 | 8.80% | -37,377,500.06 | 0.00 | -5.73% | -65.08% | 0.00% | -65.08% | |||
PROGRESS SAVINGS AND LOAN BANK INC | 2,397,892.53 | 83,792,443.94 | 2.86% | 2,427,744.64 | 83,286,210.25 | 2.91% | -29,852.11 | 506,233.69 | -0.05% | -1.23% | 0.61% | -1.83% | |||
INTERNATIONALE NEDERLANDEN GROEP BK | 272,598,095.17 | 11,831,560,875.66 | 2.30% | 363,300,236.89 | 2,591,276,110.65 | 14.02% | -90,702,141.72 | 9,240,284,765.01 | -11.72% | -24.97% | 356.59% | -83.57% | |||
BANGKOK BANK PUBLIC CO LTD | 64,999,072.70 | 3,300,565,917.00 | 1.97% | 147,769,683.47 | 3,274,842,739.50 | 4.51% | -82,770,610.77 | 25,723,177.50 | -2.54% | -56.01% | 0.79% | -56.36% | |||
THE BNK OF TOKYO-MITSUBISHI UFJ LTD | 75,124,323.83 | 4,946,920,166.75 | 1.52% | 144,272,504.60 | 4,945,420,166.75 | 2.92% | -69,148,180.77 | 1,500,000.00 | -1.40% | -47.93% | 0.03% | -47.94% | |||
BANK OF AMERICA N.A. | 29,707,556.15 | 2,116,461,209.20 | 1.40% | 24,877,798.22 | 1,771,441,709.20 | 1.40% | 4,829,757.93 | 345,019,500.00 | 0.00% | 19.41% | 19.48% | -0.05% | |||
CITYSTATE SAVINGS BANK INC | NA | NA | NA | 268,061,232.53 | 795,382,084.59 | 33.70% | NA | NA | NA | NA | NA | NA | |||
PACIFIC ACE SAVINGS BANK INC | NA | NA | NA | 4,603,715.00 | 78,353,791.94 | 5.88% | NA | NA | NA | NA | NA | NA | |||
659,476,554,799.30 | 1,212,008,303,267.32 | 54.41% | 671,217,717,430.54 | 1,148,618,477,790.17 | 58.44% | -11,741,162,631.24 | 63,389,825,477.15 | -4.03% | -1.75% | 5.52% | -6.89% |
Source: www.bsp.gov.ph
Disclaimer:
This list only serves as a screening guide. It is not a definitive guide and must be taken in the context of other factors. The figures are based on the individual banks' statement of condition as of December 31, 2014 and September 30, 2014 as published in the BSP website (www.bsp.gov.ph). For this analysis, no attempt was made to go through the audited financial statements of each bank. Readers are suggested to make their own investigations and verify the figures presented. Both BSP and PDIC have their own problem bank screening systems that are much more sophisticated in scope and design, given that they have more access to information over the banks they regulate.
This list only serves as a screening guide. It is not a definitive guide and must be taken in the context of other factors. The figures are based on the individual banks' statement of condition as of December 31, 2014 and September 30, 2014 as published in the BSP website (www.bsp.gov.ph). For this analysis, no attempt was made to go through the audited financial statements of each bank. Readers are suggested to make their own investigations and verify the figures presented. Both BSP and PDIC have their own problem bank screening systems that are much more sophisticated in scope and design, given that they have more access to information over the banks they regulate.
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