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Monday, September 26, 2016

Philippine Banks Improve in the 1st Qtr. of 2016

Editor's Note: The Philippine Deposit Insurance Corporation (PDIC) advised consumers to wisely choose the banks where they will deposit their money. The trouble is, most depositors don't and can't read financial statements before they open a bank account. The regulators, whose job is to safeguard the public's money, have not done a good job recently.  In the past ten years, two commercial banks, twenty-one thrift banks, and a staggering 187 rural banks have collapsed, often quite suddenly and without warning. Regulators do have a problem bank list that they do not divulge to the public, for fear of sparking another bank run. So who can the public turn to, to advise them where to put their money? No one, except the banks themselves who will always promote their self-interests. This analysis is an attempt to fill in that knowledge gap, by screening out the weaker banks that seem ready to implode at any given moment.

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 15.922 billion or 2.48% from December 31, 2015 to March 31, 2016.  This decrease was partially offset by a 8.26% 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 10.74%, from 46.91% as of December 31, 2015 to 41.87% as of March 31, 2016. On a year on year basis, the Distressed Asset Ratio has dropped 12.33% from 54.20% as of March 31, 2015 to just 41.87% as of March 31, 2016.




Those banks that posted significant improvements (25% or more) in this ratio include (Distressed banks are highlighted in yellow, failed banks are highlighted in red):


  1. United Oversease Bank Limited - Manila Branch (87.41% decrease)
  2. Industrial Bank of Korea - Manila Branch (85.84% decrease)
  3. Penbank Inc (69.47% decrease)
  4. Deutsche Bank (67.83% decrease)
  5. Mizuho Bank Ltd (62.93% decrease)
  6. Legazpi Savings Bank Inc (48.85% decrease)
  7. Bank of America N.A. (41.04% decrease)
  8. Bank of Commerce (38.96% decrease)
  9. BDO Private Bank Inc (33.60% decrease)
  10. Robinsons Bank Corporation (31.84% decrease)
  11. Card SME Bank (28.45% decrease)
  12. City Savings Bank (27.44% decrease)
  13. Development Bank of the Philippines (27.26% decrease)
  14. United Coconut Planters Bank (26.46% decrease)


The banks that exhibited significant deterioration (25% or more) in this ratio include:
  1. The Bank of Tokyo-Mitsubishi UFJ Ltd (351.62% increase)
  2. Sumitomo Mitsui Banking Corporation (101.99% increase)
  3. CTBC Bank Inc (85.81% increase)
  4. Tower Development Bank (81.85% increase)
  5. ING Bank N.V. (80.73% increase)
  6. ANZ Banking Group Ltd (69.89% increase)
  7. Tongyang Savings Bank Inc (57.19% increase)
  8. Philippine Trust Company (46.61% increase)
  9. Al-Amanah Islamic Investment Bank of the Philippines (46.12% increase)
  10. Opportunity Kauswagan Bank Inc (32.39% increase)
  11. JP Morgan Chase Bank National Association (31.56% increase)
  12. Maybank Philippines Inc (26.58% increase)

Distressed Banks


The list of Philippine Banks classified as distressed as of December 31, 2015 are as follows:

  1. GSIS Family Savings Bank/Comsavings Bank (Distressed Ratio of -2,160.04%)
  2. Village Bank Inc. (Distressed Ratio of 616.25%)
  3. Bank of China Limited - Manila Branch (Distressed Ratio of 396.69%)
  4. United Coconut Planters Bank (Distressed Ratio of 315.63%)
  5. Inter-Asia Development Bank (Distressed Ratio of 303.05%)
  6. Legazpi Savings Bank (Distressed Ratio of 197.84%)
  7. China Bank Savings Inc (Distressed Ratio of 155.28%)
  8. Enterprise Bank Inc. (Distressed Ratio of 144.25%)
  9. Luzon Development Bank (Distressed Ratio of 140.24%)
  10. Malayan Bank Savings and Mortgage Bank (128.63%)
  11. Bataan Development Bank (Distressed Ratio of 120.18%)
  12. Dumaguete City Development Bank Inc (Distressed Ratio of 114.41%)
  13. Equicom Savings Bank Inc (Distressed Ratio of 112.97%)
  14. World Partners Bank (Distressed Ratio of 107.81%)
  15. Metro Cebu Public Savings Bank (Distressed Ratio of 106.76%)
  16. UCPB Savings Bank (Distressed Ratio of 103.58%)

As a group, the distressed banks significant deterioration in their Total Distressed Assets/Total Capital Cushion Ratios.  This ratio now stands at 240.18% as of March 31,2016, up from 228.76% as of December 31, 2015.  


Departures

There have been several departures from the list of Distressed Banks since December 31, 2015.

  1. Bank of Commerce, which had a distressed rato of 152.62% as of December 31, 2015, dropped out of the list of Distressed Banks with a distressed ratio of 93.16% as of March 31, 2016.
  2. Penbank Inc, which had a distressed ratio of 157.62% as of December 31, 2015, dropped out of the list of Distressed Banks with a distressed ratio of 48.13% as of March 31, 2016.
  3. Deutsche Bank, which had a distressed ratio of 137.44% as of December 31, 2015, dropped out of the list of Distressed Banks with a distressed ratio of 44.21% as of March 31, 2016.
  4. Planters Development Bank, which had a distressed ratio of 221.89% as of December 31, 2015, was absorbed by China Bank Savings Inc.
Arrivals

  1. World Partners Bank entered the list of Distressed Banks with a Distressed Ratio of 107.81% as of March 31, 2016 from a Distressed Ratio of 89.93% as of December 31, 2015.
  2. Metro Cebu Public Savings Bank entered the Distressed Banks list with a Distressed Ratio of 106.76% as of March 31, 2016 from a Distressed Ratio of 91.18% as of December 31, 2015.

Philippine Banking System
Total Distressed Assets/ Total Capital Cushion
December 31, 2015 to March 31, 2016



In %















Bank March 31, 2016 December 31, 2015 Variance % Variance
THE BNK OF TOKYO-MITSUBISHI UFJ LTD 6.21% 1.38% 4.84% 351.62%
SUMITOMO MITSUI BANKING CORPORATION-MANILA BRANCH 0.29% 0.14% 0.15% 101.99%
CTBC BANK (PHILIPPINES) CORP 31.20% 16.79% 14.41% 85.81%
TOWER DEVELOPMENT BANK 62.42% 34.33% 28.10% 81.85%
ING BANK N.V. 20.63% 11.41% 9.22% 80.73%
ANZ BANKING GROUP LTD 28.53% 16.80% 11.74% 69.89%
TONGYANG SAVINGS BANK INC 66.38% 42.23% 24.15% 57.19%
PHIL TRUST COMPANY 32.79% 22.37% 10.42% 46.61%
AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS 12.32% 8.43% 3.89% 46.12%
OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE THRIFT BANK) 92.85% 70.14% 22.72% 32.39%
JP MORGAN CHASE BANK NATIONAL ASSN. 3.80% 2.89% 0.91% 31.56%
MAYBANK PHILIPPINES INC 66.59% 52.61% 13.98% 26.58%
PHIL POSTAL SAVINGS BANK INC 80.14% 64.58% 15.56% 24.10%
MEGA INT'L COMM'L BANK CO LTD 51.56% 42.25% 9.31% 22.04%
MBANK PHILIPPINES (A THRIFT BANK) INC 90.04% 74.64% 15.40% 20.63%
MERCHANTS SAVINGS & LOAN ASSN INC 5.03% 4.17% 0.86% 20.59%
WORLD PARTNERS BANK (A THRIFT BANK) 107.81% 89.93% 17.89% 19.89%
QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK A THRIFT BANK 27.63% 23.48% 4.16% 17.72%
METRO CEBU PUBLIC SAVINGS BANK 106.76% 91.18% 15.58% 17.09%
PHILIPPINE VETERANS BANK 89.26% 78.57% 10.69% 13.61%
CENTURY SAVINGS BANK CORPORATION 29.97% 26.70% 3.27% 12.24%
CITYSTATE SAVINGS BANK INC 47.55% 43.13% 4.42% 10.26%
PRODUCERS SAVINGS BANK CORPORATION 92.67% 85.16% 7.51% 8.82%
HONGKONG & SHANGHAI BANKING CORP 27.14% 25.31% 1.84% 7.25%
SUN SAVINGS BANK INC 12.84% 12.03% 0.81% 6.74%
MALASIQUI PROGRESSIVE SLB, INC 17.93% 16.96% 0.97% 5.70%
PAMPANGA DEVELOPMENT BANK 36.92% 35.14% 1.77% 5.05%
LUZON DEVELOPMENT BANK 140.24% 133.69% 6.56% 4.91%
BANK ONE SAVINGS AND TRUST CORP. 42.38% 40.52% 1.86% 4.59%
PACIFIC ACE SAVINGS BANK INC 9.90% 9.48% 0.42% 4.41%
STERLING BANK OF ASIA INC (A SAVINGS BANK) 59.44% 57.25% 2.19% 3.82%
STANDARD CHARTERED BANK 60.49% 58.69% 1.80% 3.07%
BUSINESS AND CONSUMERS BANK (A DB) 18.89% 18.51% 0.38% 2.06%
ENTERPRISE BANK INC (A THRIFT BANK) 144.25% 141.97% 2.28% 1.61%
GSIS FAMILY BANK/ COMSAVINGS BANK -2160.04% -2132.39% -27.64% 1.30%
MALAYAN BANK SAVINGS AND MORT BANK INC 128.63% 127.86% 0.77% 0.60%
VILLAGE BANK INC (A THRIFT BANK) 616.25% 613.67% 2.57% 0.42%
DUMAGUETE CITY DEV BANK INC 114.41% 114.11% 0.30% 0.26%
QUEZON COCONUT BANK INC (A THRIFT BANK) 25.45% 25.41% 0.04% 0.16%
PHIL STAR DEVELOPMENT BANK INC 65.63% 65.59% 0.04% 0.06%
BANGKOK BANK PUBLIC CO LTD 3.72% 3.72% 0.00% 0.05%
SAMPAGUITA SAVINGS BANK INC 35.60% 35.84% -0.24% -0.66%
UNIVERSITY SAVINGS BANK INC 41.84% 42.36% -0.52% -1.23%
METROPOLITAN BANK & TCO 29.18% 29.58% -0.40% -1.37%
EAST WEST BANKING CORP 68.91% 69.91% -1.00% -1.43%
CATHAY UNITED BANK CO LTD - MANILA BRANCH 1.41% 1.44% -0.02% -1.53%
CORDILLERA SAVINGS BANK INC 35.73% 36.44% -0.71% -1.94%
PHIL NATIONAL BANK 53.15% 54.22% -1.07% -1.98%
BANK OF THE PHIL ISLANDS 21.52% 22.02% -0.51% -2.30%
PNB SAVINGS BANK 8.99% 9.24% -0.24% -2.64%
CHINA BANKING CORP 33.62% 34.67% -1.04% -3.01%
PHIL BANK OF COMMUNICATIONS 90.99% 93.83% -2.84% -3.03%
EQUICOM SAVINGS BANK INC 112.97% 116.59% -3.61% -3.10%
BATAAN SAVINGS AND LOAN BANK 2.70% 2.79% -0.09% -3.39%
INTER-ASIA DEVELOPMENT BANK 303.05% 315.28% -12.23% -3.88%
NORTHPOINT DEV'T BANK INC 32.55% 34.01% -1.46% -4.30%
UNION BANK OF THE PHILS 57.75% 61.50% -3.75% -6.09%
BATAAN DEVELOPMENT BANK 120.18% 128.57% -8.39% -6.52%
CHINA BANK SAVINGS INC 155.28% 166.75% -11.47% -6.88%
MARITIME SAVINGS BANK CORPORATION 43.10% 46.32% -3.22% -6.95%
BANK OF MAKATI (A SAVINGS BANK) INC 64.77% 69.66% -4.90% -7.03%
PHILIPPINE BUSINESS BANK INC A SAVINGS BANK 31.70% 34.18% -2.48% -7.25%
KEB HANA BANK - MANILA BRANCH 31.17% 33.80% -2.63% -7.78%
PHILIPPINE RESOURCES SAVINGS BANKING CORPORATION (PR SAVINGS 89.62% 97.69% -8.07% -8.26%
LEMERY SAVINGS & LOAN BANK, INC. 11.55% 12.64% -1.10% -8.70%
1ST VALLEY BANK INC A DEVELOPMENT BANK 40.15% 44.39% -4.24% -9.55%
HIYAS BANKING CORPORATION 16.05% 17.76% -1.71% -9.65%
THE PALAWAN BANK (PALAWAN DB) INC 59.63% 66.80% -7.17% -10.73%
ASIA UNITED BANK CORPORATION 34.09% 38.64% -4.56% -11.80%
UCPB SAVINGS BANK 103.58% 118.29% -14.72% -12.44%
ISLA BANK(A THRIFT BANK) INC 2.03% 2.32% -0.29% -12.50%
BPI FAMILY SAVINGS BANK INC 42.03% 48.04% -6.01% -12.51%
PHIL SAVINGS BANK 69.41% 79.52% -10.11% -12.71%
RCBC SAVINGS BANK INC 75.68% 88.16% -12.48% -14.16%
BDO UNIBANK INC 41.70% 48.62% -6.92% -14.24%
WEALTH DEVELOPMENT BANK CORPORATION 61.35% 71.58% -10.23% -14.29%
BANK OF CHINA LIMITED-MANILA BRANCH 396.69% 465.23% -68.54% -14.73%
FARMERS SAVINGS & LOAN BANK INC 61.63% 72.79% -11.16% -15.33%
BPI DIRECT SAVINGS BANK INC 19.75% 23.38% -3.63% -15.54%
LIFE SAVINGS BANK INC 43.98% 53.42% -9.44% -17.67%
SECURITY BANK CORP 23.31% 28.34% -5.03% -17.74%
RIZAL COMM'L BANKING CORP 24.57% 29.87% -5.30% -17.76%
DUNGGANON BANK (A MICROFINANCE THRIFT BANK) INC 39.07% 49.04% -9.97% -20.33%
FIRST CONSOLIDATED BANK INC (A PDB) 32.86% 41.72% -8.85% -21.22%
OPTIMUM DEVELOPMENT BANK INC 33.29% 42.50% -9.21% -21.68%
CITIBANK, N.A. 75.70% 99.70% -24.01% -24.08%
SHINHAN BANK - MANILA BRANCH 0.25% 0.33% -0.08% -24.42%
LAND BANK OF THE  PHILIPPINES 29.97% 39.69% -9.72% -24.49%
UNITED COCONUT PLANTERS BANK 315.63% 429.17% -113.54% -26.46%
DEVELOPMENT BANK OF THE PHIL 31.32% 43.06% -11.74% -27.26%
CITY SAVINGS BANK INC 41.18% 56.76% -15.57% -27.44%
CARD SME BANK INC A THRIFT BANK 20.71% 28.94% -8.24% -28.45%
ROBINSONS BANK CORPORATION 23.67% 34.73% -11.06% -31.84%
BDO PRIVATE BANK, INC. 25.45% 38.33% -12.88% -33.60%
BANK OF COMMERCE 93.16% 152.62% -59.46% -38.96%
BANK OF AMERICA N.A. 0.71% 1.20% -0.49% -41.04%
LEGAZPI SAVINGS BANK INC 197.84% 386.83% -188.98% -48.85%
MIZUHO BANK LTD - MANILA BRANCH 3.29% 8.88% -5.59% -62.93%
DEUTSCHE BANK AG 44.21% 137.44% -93.23% -67.83%
PENBANK INC (A PDB) (FORMERLY: PENINSULA RB INC) 48.13% 157.62% -109.49% -69.47%
INDUSTRIAL BANK OF KOREA MANILA BRANCH 0.63% 4.43% -3.80% -85.84%
UNITED OVERSEAS BANK LIMITED MANILA BRANCH 0.32% 2.54% -2.22% -87.41%
HSBC SAVINGS BANK(PHILS) INC NA 11.84% NA NA
PLANTERS DEVELOPMENT BANK NA 221.89% NA NA
PROGRESS SAVINGS AND LOAN BANK INC NA 1.67% NA NA
Grand Total 41.87% 46.91% -5.04% -10.74%

Philippine Banking System
Total Distressed Assets/ Total Capital Cushion
December 31, 2015 to March 31, 2016
In Php


































March 31, 2016


December 31, 2015


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 %)
VILLAGE BANK INC (A THRIFT BANK) 607,047,505.43 98,507,042.82 616.25%
556,831,461.87 90,737,510.56 613.67%
50,216,043.56 7,769,532.26 2.57%
9.02% 8.56% 0.42%
BANK OF CHINA LIMITED-MANILA BRANCH 10,461,773,775.86 2,637,248,827.89 396.69%
12,360,762,970.29 2,656,902,956.21 465.23%
-1,898,989,194.43 -19,654,128.32 -68.54%
-15.36% -0.74% -14.73%
UNITED COCONUT PLANTERS BANK 36,105,038,331.27 11,439,141,113.48 315.63%
36,489,118,835.14 8,502,227,574.02 429.17%
-384,080,503.87 2,936,913,539.46 -113.54%
-1.05% 34.54% -26.46%
INTER-ASIA DEVELOPMENT BANK 181,928,691.71 60,032,404.14 303.05%
178,434,476.01 56,595,974.69 315.28%
3,494,215.70 3,436,429.45 -12.23%
1.96% 6.07% -3.88%
LEGAZPI SAVINGS BANK INC 916,593,326.75 463,291,228.55 197.84%
920,377,443.38 237,928,897.09 386.83%
-3,784,116.63 225,362,331.46 -188.98%
-0.41% 94.72% -48.85%
CHINA BANK SAVINGS INC 11,676,720,431.38 7,519,966,463.26 155.28%
4,180,494,365.12 2,507,115,465.51 166.75%
7,496,226,066.26 5,012,850,997.75 -11.47%
179.31% 199.94% -6.88%
ENTERPRISE BANK INC (A THRIFT BANK) 458,910,599.16 318,128,721.32 144.25%
415,058,576.41 292,351,344.09 141.97%
43,852,022.75 25,777,377.23 2.28%
10.57% 8.82% 1.61%
LUZON DEVELOPMENT BANK 961,447,429.40 685,550,251.87 140.24%
835,187,995.92 624,743,120.16 133.69%
126,259,433.48 60,807,131.71 6.56%
15.12% 9.73% 4.91%
MALAYAN BANK SAVINGS AND MORT BANK INC 1,561,876,593.81 1,214,212,954.20 128.63%
1,536,604,993.38 1,201,791,661.66 127.86%
25,271,600.43 12,421,292.54 0.77%
1.64% 1.03% 0.60%
BATAAN DEVELOPMENT BANK 116,870,667.31 97,245,069.83 120.18%
114,933,644.48 89,393,285.17 128.57%
1,937,022.83 7,851,784.66 -8.39%
1.69% 8.78% -6.52%
DUMAGUETE CITY DEV BANK INC 292,628,303.01 255,768,439.33 114.41%
291,959,317.81 255,851,728.23 114.11%
668,985.20 -83,288.90 0.30%
0.23% -0.03% 0.26%
EQUICOM SAVINGS BANK INC 952,257,946.59 842,893,942.69 112.97%
918,149,056.60 787,522,895.46 116.59%
34,108,889.99 55,371,047.23 -3.61%
3.71% 7.03% -3.10%
WORLD PARTNERS BANK (A THRIFT BANK) 181,422,345.06 168,274,099.33 107.81%
172,285,994.70 191,585,861.61 89.93%
9,136,350.36 -23,311,762.28 17.89%
5.30% -12.17% 19.89%
METRO CEBU PUBLIC SAVINGS BANK 62,804,365.40 58,826,562.87 106.76%
63,358,188.31 69,486,128.97 91.18%
-553,822.91 -10,659,566.10 15.58%
-0.87% -15.34% 17.09%
UCPB SAVINGS BANK 3,011,193,498.28 2,907,230,864.97 103.58%
2,969,881,907.55 2,510,649,604.22 118.29%
41,311,590.73 396,581,260.75 -14.72%
1.39% 15.80% -12.44%
BANK OF COMMERCE 16,754,963,179.98 17,985,142,588.14 93.16%
27,469,383,309.13 17,998,319,986.63 152.62%
-10,714,420,129.15 -13,177,398.49 -59.46%
-39.00% -0.07% -38.96%
OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE THRIFT BANK) 122,118,801.84 131,520,320.47 92.85%
114,771,016.15 163,639,623.55 70.14%
7,347,785.69 -32,119,303.08 22.72%
6.40% -19.63% 32.39%
PRODUCERS SAVINGS BANK CORPORATION 1,491,232,161.76 1,609,221,462.65 92.67%
1,240,804,615.51 1,457,066,010.86 85.16%
250,427,546.25 152,155,451.79 7.51%
20.18% 10.44% 8.82%
PHIL BANK OF COMMUNICATIONS 8,463,021,000.80 9,300,905,286.99 90.99%
8,887,320,112.47 9,471,477,821.60 93.83%
-424,299,111.67 -170,572,534.61 -2.84%
-4.77% -1.80% -3.03%
MBANK PHILIPPINES (A THRIFT BANK) INC 79,487,296.52 88,280,987.00 90.04%
103,367,240.56 138,490,935.75 74.64%
-23,879,944.04 -50,209,948.75 15.40%
-23.10% -36.26% 20.63%
PHILIPPINE RESOURCES SAVINGS BANKING CORPORATION (PR SAVINGS 2,327,252,759.10 2,596,821,578.83 89.62%
2,561,487,859.99 2,622,024,132.32 97.69%
-234,235,100.89 -25,202,553.49 -8.07%
-9.14% -0.96% -8.26%
PHILIPPINE VETERANS BANK 6,037,001,379.84 6,763,526,833.49 89.26%
5,924,066,797.76 7,540,206,089.93 78.57%
112,934,582.08 -776,679,256.44 10.69%
1.91% -10.30% 13.61%
PHIL POSTAL SAVINGS BANK INC 1,130,030,896.36 1,410,066,382.25 80.14%
803,325,935.02 1,243,958,319.41 64.58%
326,704,961.34 166,108,062.84 15.56%
40.67% 13.35% 24.10%
CITIBANK, N.A. 14,242,616,797.26 18,815,440,078.22 75.70%
18,715,922,943.50 18,771,848,958.62 99.70%
-4,473,306,146.24 43,591,119.60 -24.01%
-23.90% 0.23% -24.08%
RCBC SAVINGS BANK INC 8,702,845,464.19 11,499,615,156.28 75.68%
8,837,230,482.65 10,023,657,142.95 88.16%
-134,385,018.46 1,475,958,013.33 -12.48%
-1.52% 14.72% -14.16%
PHIL SAVINGS BANK 15,654,333,197.17 22,552,935,938.63 69.41%
16,072,923,193.52 20,212,951,724.56 79.52%
-418,589,996.35 2,339,984,214.07 -10.11%
-2.60% 11.58% -12.71%
EAST WEST BANKING CORP 23,811,468,971.37 34,556,329,608.49 68.91%
22,846,174,246.04 32,680,775,377.21 69.91%
965,294,725.33 1,875,554,231.28 -1.00%
4.23% 5.74% -1.43%
MAYBANK PHILIPPINES INC 8,725,483,958.68 13,103,838,803.52 66.59%
6,515,342,319.16 12,385,233,303.26 52.61%
2,210,141,639.52 718,605,500.26 13.98%
33.92% 5.80% 26.58%
TONGYANG SAVINGS BANK INC 735,285,971.68 1,107,771,339.51 66.38%
484,451,661.51 1,147,287,423.81 42.23%
250,834,310.17 -39,516,084.30 24.15%
51.78% -3.44% 57.19%
PHIL STAR DEVELOPMENT BANK INC 60,668,323.41 92,434,555.46 65.63%
60,631,606.02 92,434,555.46 65.59%
36,717.39 0.00 0.04%
0.06% 0.00% 0.06%
BANK OF MAKATI (A SAVINGS BANK) INC 4,921,442,939.77 7,598,917,740.36 64.77%
4,955,808,875.23 7,114,206,210.36 69.66%
-34,365,935.46 484,711,530.00 -4.90%
-0.69% 6.81% -7.03%
TOWER DEVELOPMENT BANK 77,407,995.26 124,004,653.02 62.42%
42,580,044.10 124,042,467.87 34.33%
34,827,951.16 -37,814.85 28.10%
81.79% -0.03% 81.85%
FARMERS SAVINGS & LOAN BANK INC 84,525,374.12 137,146,990.50 61.63%
97,216,870.25 133,562,122.39 72.79%
-12,691,496.13 3,584,868.11 -11.16%
-13.05% 2.68% -15.33%
WEALTH DEVELOPMENT BANK CORPORATION 350,152,309.18 570,777,756.23 61.35%
427,302,772.57 596,983,917.19 71.58%
-77,150,463.39 -26,206,160.96 -10.23%
-18.06% -4.39% -14.29%
STANDARD CHARTERED BANK 5,123,549,328.07 8,469,910,127.39 60.49%
5,067,978,164.37 8,635,581,181.80 58.69%
55,571,163.70 -165,671,054.41 1.80%
1.10% -1.92% 3.07%
THE PALAWAN BANK (PALAWAN DB) INC 30,772,368.58 51,604,859.32 59.63%
31,892,921.37 47,745,091.20 66.80%
-1,120,552.79 3,859,768.12 -7.17%
-3.51% 8.08% -10.73%
STERLING BANK OF ASIA INC (A SAVINGS BANK) 1,796,978,347.92 3,023,241,697.66 59.44%
1,717,659,856.98 3,000,181,680.46 57.25%
79,318,490.94 23,060,017.20 2.19%
4.62% 0.77% 3.82%
UNION BANK OF THE PHILS 36,117,591,501.02 62,541,287,544.73 57.75%
36,169,588,730.40 58,816,804,232.91 61.50%
-51,997,229.38 3,724,483,311.82 -3.75%
-0.14% 6.33% -6.09%
PHIL NATIONAL BANK 59,229,646,647.10 111,433,512,301.44 53.15%
59,848,291,624.96 110,370,895,592.80 54.22%
-618,644,977.86 1,062,616,708.64 -1.07%
-1.03% 0.96% -1.98%
MEGA INT'L COMM'L BANK CO LTD 1,057,284,133.54 2,050,493,141.75 51.56%
864,564,048.14 2,046,293,143.61 42.25%
192,720,085.40 4,199,998.14 9.31%
22.29% 0.21% 22.04%
PENBANK INC (A PDB) (FORMERLY: PENINSULA RB INC) 221,918,865.88 461,105,119.53 48.13%
695,613,033.52 441,321,528.25 157.62%
-473,694,167.64 19,783,591.28 -109.49%
-68.10% 4.48% -69.47%
CITYSTATE SAVINGS BANK INC 302,659,999.86 636,511,873.72 47.55%
275,250,164.90 638,242,673.73 43.13%
27,409,834.96 -1,730,800.01 4.42%
9.96% -0.27% 10.26%
DEUTSCHE BANK AG 952,401,908.76 2,154,215,007.36 44.21%
3,287,852,162.30 2,392,198,121.84 137.44%
-2,335,450,253.54 -237,983,114.48 -93.23%
-71.03% -9.95% -67.83%
LIFE SAVINGS BANK INC 29,330,201.35 66,684,654.29 43.98%
33,523,759.03 62,751,735.28 53.42%
-4,193,557.68 3,932,919.01 -9.44%
-12.51% 6.27% -17.67%
MARITIME SAVINGS BANK CORPORATION 30,797,530.51 71,452,966.96 43.10%
33,069,060.15 71,387,932.99 46.32%
-2,271,529.64 65,033.97 -3.22%
-6.87% 0.09% -6.95%
BANK ONE SAVINGS AND TRUST CORP. 245,943,875.98 580,310,341.81 42.38%
231,555,755.08 571,463,820.50 40.52%
14,388,120.90 8,846,521.31 1.86%
6.21% 1.55% 4.59%
BPI FAMILY SAVINGS BANK INC 13,624,813,856.01 32,418,741,544.47 42.03%
13,411,703,652.61 27,919,976,261.70 48.04%
213,110,203.40 4,498,765,282.77 -6.01%
1.59% 16.11% -12.51%
UNIVERSITY SAVINGS BANK INC 116,516,131.34 278,479,412.43 41.84%
117,855,442.23 278,208,871.37 42.36%
-1,339,310.89 270,541.06 -0.52%
-1.14% 0.10% -1.23%
BDO UNIBANK INC 93,847,162,515.26 225,065,335,381.45 41.70%
98,102,231,590.59 201,767,104,648.56 48.62%
-4,255,069,075.33 23,298,230,732.89 -6.92%
-4.34% 11.55% -14.24%
CITY SAVINGS BANK INC 4,056,024,573.25 9,849,238,582.72 41.18%
4,030,650,073.02 7,101,759,477.50 56.76%
25,374,500.23 2,747,479,105.22 -15.57%
0.63% 38.69% -27.44%
1ST VALLEY BANK INC A DEVELOPMENT BANK 609,582,383.34 1,518,304,266.04 40.15%
587,490,604.56 1,323,594,513.27 44.39%
22,091,778.78 194,709,752.77 -4.24%
3.76% 14.71% -9.55%
DUNGGANON BANK (A MICROFINANCE THRIFT BANK) INC 47,136,608.84 120,654,187.18 39.07%
56,364,519.64 114,937,457.76 49.04%
-9,227,910.80 5,716,729.42 -9.97%
-16.37% 4.97% -20.33%
PAMPANGA DEVELOPMENT BANK 56,322,848.31 152,566,308.90 36.92%
51,763,415.91 147,295,553.37 35.14%
4,559,432.40 5,270,755.53 1.77%
8.81% 3.58% 5.05%
CORDILLERA SAVINGS BANK INC 48,554,056.85 135,877,169.29 35.73%
49,451,500.15 135,707,437.08 36.44%
-897,443.30 169,732.21 -0.71%
-1.81% 0.13% -1.94%
SAMPAGUITA SAVINGS BANK INC 24,361,083.54 68,425,553.24 35.60%
24,382,354.12 68,031,335.44 35.84%
-21,270.58 394,217.80 -0.24%
-0.09% 0.58% -0.66%
ASIA UNITED BANK CORPORATION 8,350,266,693.57 24,498,034,281.18 34.09%
8,816,108,552.24 22,813,757,200.34 38.64%
-465,841,858.67 1,684,277,080.84 -4.56%
-5.28% 7.38% -11.80%
CHINA BANKING CORP 20,473,400,349.90 60,890,825,809.74 33.62%
21,375,336,360.21 61,657,963,250.77 34.67%
-901,936,010.31 -767,137,441.03 -1.04%
-4.22% -1.24% -3.01%
OPTIMUM DEVELOPMENT BANK INC 292,989,699.54 880,105,707.82 33.29%
361,665,782.06 850,883,455.83 42.50%
-68,676,082.52 29,222,251.99 -9.21%
-18.99% 3.43% -21.68%
FIRST CONSOLIDATED BANK INC (A PDB) 1,304,418,936.96 3,969,050,008.70 32.86%
1,432,239,826.52 3,433,302,388.62 41.72%
-127,820,889.56 535,747,620.08 -8.85%
-8.92% 15.60% -21.22%
PHIL TRUST COMPANY 7,260,201,633.41 22,140,137,119.78 32.79%
4,921,869,749.77 22,004,630,410.34 22.37%
2,338,331,883.64 135,506,709.44 10.42%
47.51% 0.62% 46.61%
NORTHPOINT DEV'T BANK INC 131,541,537.59 404,094,479.06 32.55%
133,263,339.90 391,796,179.33 34.01%
-1,721,802.31 12,298,299.73 -1.46%
-1.29% 3.14% -4.30%
PHILIPPINE BUSINESS BANK INC A SAVINGS BANK 3,208,265,974.83 10,119,864,670.84 31.70%
3,250,565,001.03 9,510,357,183.27 34.18%
-42,299,026.20 609,507,487.57 -2.48%
-1.30% 6.41% -7.25%
DEVELOPMENT BANK OF THE PHIL 14,982,014,060.40 47,829,847,714.16 31.32%
17,413,593,146.64 40,438,527,157.56 43.06%
-2,431,579,086.24 7,391,320,556.60 -11.74%
-13.96% 18.28% -27.26%
CTBC BANK (PHILIPPINES) CORP 2,281,335,611.49 7,312,126,427.42 31.20%
1,175,526,647.89 7,000,985,936.08 16.79%
1,105,808,963.60 311,140,491.34 14.41%
94.07% 4.44% 85.81%
KEB HANA BANK - MANILA BRANCH 495,955,002.71 1,591,275,068.01 31.17%
537,290,604.13 1,589,721,674.36 33.80%
-41,335,601.42 1,553,393.65 -2.63%
-7.69% 0.10% -7.78%
CENTURY SAVINGS BANK CORPORATION 283,250,942.31 945,122,321.12 29.97%
247,008,554.87 925,073,723.73 26.70%
36,242,387.44 20,048,597.39 3.27%
14.67% 2.17% 12.24%
LAND BANK OF THE  PHILIPPINES 24,899,635,054.94 83,092,202,003.50 29.97%
26,521,882,544.07 66,830,223,203.17 39.69%
-1,622,247,489.13 16,261,978,800.33 -9.72%
-6.12% 24.33% -24.49%
METROPOLITAN BANK & TCO 56,295,106,045.00 192,938,454,807.54 29.18%
58,130,228,624.45 196,505,872,177.64 29.58%
-1,835,122,579.45 -3,567,417,370.10 -0.40%
-3.16% -1.82% -1.37%
ANZ BANKING GROUP LTD 1,265,151,911.75 4,433,712,765.32 28.53%
743,914,613.19 4,429,020,736.80 16.80%
521,237,298.56 4,692,028.52 11.74%
70.07% 0.11% 69.89%
QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK A THRIFT BANK 187,844,238.19 679,763,457.26 27.63%
160,664,246.77 684,403,924.57 23.48%
27,179,991.42 -4,640,467.31 4.16%
16.92% -0.68% 17.72%
HONGKONG & SHANGHAI BANKING CORP 3,874,871,277.22 14,275,144,798.63 27.14%
3,640,650,557.31 14,385,254,431.09 25.31%
234,220,719.91 -110,109,632.46 1.84%
6.43% -0.77% 7.25%
QUEZON COCONUT BANK INC (A THRIFT BANK) 15,206,814.96 59,748,536.65 25.45%
15,088,359.03 59,379,139.84 25.41%
118,455.93 369,396.81 0.04%
0.79% 0.62% 0.16%
BDO PRIVATE BANK, INC. 1,492,120,826.67 5,862,943,892.90 25.45%
1,991,186,413.35 5,195,464,795.47 38.33%
-499,065,586.68 667,479,097.43 -12.88%
-25.06% 12.85% -33.60%
RIZAL COMM'L BANKING CORP 15,250,814,912.92 62,075,375,611.04 24.57%
17,025,540,815.97 56,993,402,695.31 29.87%
-1,774,725,903.05 5,081,972,915.73 -5.30%
-10.42% 8.92% -17.76%
ROBINSONS BANK CORPORATION 3,133,176,724.64 13,235,033,140.18 23.67%
2,476,960,025.47 7,131,138,838.50 34.73%
656,216,699.17 6,103,894,301.68 -11.06%
26.49% 85.59% -31.84%
SECURITY BANK CORP 13,143,697,899.54 56,389,511,785.51 23.31%
13,743,154,799.18 48,500,210,695.19 28.34%
-599,456,899.64 7,889,301,090.32 -5.03%
-4.36% 16.27% -17.74%
BANK OF THE PHIL ISLANDS 35,527,626,736.95 165,112,221,408.81 21.52%
32,194,818,542.44 146,178,482,570.03 22.02%
3,332,808,194.51 18,933,738,838.78 -0.51%
10.35% 12.95% -2.30%
CARD SME BANK INC A THRIFT BANK 130,690,797.90 631,175,921.44 20.71%
135,898,655.32 469,570,782.19 28.94%
-5,207,857.42 161,605,139.25 -8.24%
-3.83% 34.42% -28.45%
ING BANK N.V. 529,986,737.05 2,568,995,906.81 20.63%
291,981,780.61 2,557,950,204.78 11.41%
238,004,956.44 11,045,702.03 9.22%
81.51% 0.43% 80.73%
BPI DIRECT SAVINGS BANK INC 349,025,398.15 1,767,367,348.65 19.75%
345,221,925.17 1,476,402,643.66 23.38%
3,803,472.98 290,964,704.99 -3.63%
1.10% 19.71% -15.54%
BUSINESS AND CONSUMERS BANK (A DB) 17,300,136.43 91,572,162.10 18.89%
16,591,330.22 89,631,792.07 18.51%
708,806.21 1,940,370.03 0.38%
4.27% 2.16% 2.06%
MALASIQUI PROGRESSIVE SLB, INC 10,784,742.62 60,163,130.22 17.93%
10,360,314.44 61,089,755.22 16.96%
424,428.18 -926,625.00 0.97%
4.10% -1.52% 5.70%
HIYAS BANKING CORPORATION 24,527,556.84 152,831,795.84 16.05%
27,150,110.98 152,853,860.82 17.76%
-2,622,554.14 -22,064.98 -1.71%
-9.66% -0.01% -9.65%
SUN SAVINGS BANK INC 20,157,097.30 156,978,445.63 12.84%
18,450,450.58 153,367,738.08 12.03%
1,706,646.72 3,610,707.55 0.81%
9.25% 2.35% 6.74%
AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS 43,546,691.17 353,499,879.17 12.32%
31,988,297.17 379,423,835.68 8.43%
11,558,394.00 -25,923,956.51 3.89%
36.13% -6.83% 46.12%
LEMERY SAVINGS & LOAN BANK, INC. 9,193,825.55 79,634,508.49 11.55%
9,993,861.58 79,034,714.75 12.64%
-800,036.03 599,793.74 -1.10%
-8.01% 0.76% -8.70%
PACIFIC ACE SAVINGS BANK INC 7,272,485.91 73,469,448.40 9.90%
7,200,791.49 75,953,107.77 9.48%
71,694.42 -2,483,659.37 0.42%
1.00% -3.27% 4.41%
PNB SAVINGS BANK 1,048,475,820.97 11,659,679,103.56 8.99%
1,074,459,089.40 11,633,679,534.67 9.24%
-25,983,268.43 25,999,568.89 -0.24%
-2.42% 0.22% -2.64%
THE BNK OF TOKYO-MITSUBISHI UFJ LTD 308,593,289.17 4,967,420,166.75 6.21%
68,329,868.80 4,967,420,166.75 1.38%
240,263,420.37 0.00 4.84%
351.62% 0.00% 351.62%
MERCHANTS SAVINGS & LOAN ASSN INC 31,118,798.50 618,665,112.34 5.03%
28,269,141.68 677,751,954.57 4.17%
2,849,656.82 -59,086,842.23 0.86%
10.08% -8.72% 20.59%
JP MORGAN CHASE BANK NATIONAL ASSN. 53,516,620.75 1,406,989,114.78 3.80%
40,699,989.91 1,407,724,000.00 2.89%
12,816,630.84 -734,885.22 0.91%
31.49% -0.05% 31.56%
BANGKOK BANK PUBLIC CO LTD 126,439,631.36 3,398,086,552.00 3.72%
126,476,445.35 3,400,771,927.00 3.72%
-36,813.99 -2,685,375.00 0.00%
-0.03% -0.08% 0.05%
MIZUHO BANK LTD - MANILA BRANCH 99,756,038.17 3,029,989,699.43 3.29%
269,117,232.14 3,029,990,103.14 8.88%
-169,361,193.97 -403.71 -5.59%
-62.93% 0.00% -62.93%
BATAAN SAVINGS AND LOAN BANK 1,633,194.32 60,558,902.93 2.70%
1,690,437.78 60,558,902.93 2.79%
-57,243.46 0.00 -0.09%
-3.39% 0.00% -3.39%
ISLA BANK(A THRIFT BANK) INC 13,542,361.12 667,107,466.57 2.03%
15,241,015.34 656,964,240.35 2.32%
-1,698,654.22 10,143,226.22 -0.29%
-11.15% 1.54% -12.50%
CATHAY UNITED BANK CO LTD - MANILA BRANCH 30,080,119.15 2,128,098,534.24 1.41%
30,525,458.29 2,126,668,534.24 1.44%
-445,339.14 1,430,000.00 -0.02%
-1.46% 0.07% -1.53%
BANK OF AMERICA N.A. 14,988,924.60 2,123,761,205.20 0.71%
25,422,826.12 2,123,761,205.20 1.20%
-10,433,901.52 0.00 -0.49%
-41.04% 0.00% -41.04%
INDUSTRIAL BANK OF KOREA MANILA BRANCH 13,619,474.35 2,172,443,222.95 0.63%
96,187,069.40 2,171,948,865.28 4.43%
-82,567,595.05 494,357.67 -3.80%
-85.84% 0.02% -85.84%
UNITED OVERSEAS BANK LIMITED MANILA BRANCH 7,700,352.99 2,406,290,644.55 0.32%
29,966,382.29 1,179,033,458.56 2.54%
-22,266,029.30 1,227,257,185.99 -2.22%
-74.30% 104.09% -87.41%
SUMITOMO MITSUI BANKING CORPORATION-MANILA BRANCH 37,539,495.96 13,016,591,938.93 0.29%
18,564,130.99 13,002,370,356.34 0.14%
18,975,364.97 14,221,582.59 0.15%
102.22% 0.11% 101.99%
SHINHAN BANK - MANILA BRANCH 5,456,496.18 2,201,746,715.00 0.25%
7,219,274.96 2,201,623,570.00 0.33%
-1,762,778.78 123,145.00 -0.08%
-24.42% 0.01% -24.42%
GSIS FAMILY BANK/ COMSAVINGS BANK 1,388,430,990.85 -64,278,097.71 -2160.04%
1,395,614,335.77 -65,448,243.20 -2132.39%
-7,183,344.92 1,170,145.49 -27.64%
-0.51% -1.79% 1.30%
HSBC SAVINGS BANK(PHILS) INC NA NA NA
221,111,434.37 1,867,465,111.75 11.84%
NA NA NA
NA NA NA
PLANTERS DEVELOPMENT BANK NA NA NA
7,711,750,827.00 3,475,549,539.90 221.89%
NA NA NA
NA NA NA
PROGRESS SAVINGS AND LOAN BANK INC NA NA NA
1,333,533.18 79,824,612.05 1.67%
NA NA NA
NA NA NA
Grand Total 617,361,471,316.87 1,474,422,402,731.71 41.87%
641,217,656,678.96 1,366,947,320,465.19 46.91%
-15,921,989,567.54 112,897,921,530.22 -5.04%
-2.48% 8.26% -10.74%


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 March 31, 2016 and December 31, 2015 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.