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Monday, August 14, 2017

Philippine Banks Improve Slightly in the 1st Qtr of 2017

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 increased by Php 14.75 billion or 2.35% from December 31, 2016 to March 31, 2017.  This increase was offset by the increase of their Total Capital Cushion of Php 163.46 billion or 10.67% during the same period. As a result, the Ratio of Total Distressed Assets to Total Capital Cushion of Philippine Commercial Banks decreased slightly by 7.44%, from 40.88% as of December 31, 2016 to 37.83% as of March 31, 2017. On a year on year basis, the Distressed Asset Ratio has dropped 9.64% from 41.87% as of March 31, 2016 to just 37.83% as of March 31, 2017.



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. Cathay United Bank Co Ltd (69.49% decrease)
  2. Industrial Bank of Korea Manila Branch ( 65.61% decrease)
  3. Bank of America N.A. (40.44% decrease)
  4. Mega International Commercial Bank Co. Ltd (34.77% decrease)
  5. BDO Unibank Inc (34.65% decrease)
  6. United Coconut Planters Bank (26.31% decrease)

The banks that exhibited significant deterioration (25% or more) in this ratio include:

  1. ING Bank N.V. (443.59% increase)
  2. Microfinance Maximum SB Inc (419.62% increase)
  3. JP Morgan Chase Bank National Association (269.75% increase)
  4. Merchants Savings & Loan Association Inc (209.69% increase)
  5. Robinsons Bank Corporation (162.14% increase)
  6. World Partners Bank (129.46% increase)
  7. Standard Chartered Bank (92.33% increase)
  8. Deutsche Bank AG (86.73% increase)
  9. Maritime Savings Bank Corporation (75.45% increase)
  10. Century Savings Bank Corporation (60.98% increase)
  11. Lemery Savings & Loan Bank, Inc. (55.58% increase)
  12. Luzon Development Bank (37.80% increase)
  13. Philippine Trust Company (32.41% increase)
  14. Optimum Development Bank Inc (31.93% increase)
  15. ANZ Banking Group Ltd (28.53% increase)
  16. Al-Amanah Islamic Investment Bank of the Philippines (25.94% increase)


Distressed Banks


The list of Philippine Banks classified as distressed as of December 31, 2016 are as follows:

  1. Bank of China Limited - Manila Branch (Distressed Ratio of 607.39%)
  2. Microfinance Maximum Savings Bank Inc (Distressed Ratio of 380.34%)
  3. Inter-Asia Development Bank (Distressed Ratio of 379.60%)
  4. World Partners Bank (Distressed Ratio of 270.09%)
  5. United Coconut Planters Bank (Distressed Ratio of 264.85%)
  6. Philippine Postal Savings Bank Inc (Distressed Ratio of 239.91%)
  7. Luzon Development Bank (Distressed Ratio of 182.24%)
  8. Village Bank Inc (Distressed Ratio of 173.15%)
  9. Malayan Bank Savings and Mortgage Bank Inc (Distressed Ratio of 153.98%)
  10. China Bank Savings Inc (Distressed Ratio of 133.90%)
  11. Enterprise Bank Inc (Distressed Ratio of 131.58%)
  12. Philippine Resources Savings Banking Corporation (Distressed Ratio of 117.24%)
  13. Yuanta Savings Bank Philippines (Distressed Ratio of 112.78%)
  14. Bataan Development Bank (Distressed Ratio of 110.58%)
  15. Legazpi Savings Bank (Distressed Ratio of 104.43%)
  16. Equicom Savings Bank Inc (Distressed Ratio of 103.89%)



A
s a group, the distressed banks showed a slight improvement in their Total Distressed Assets/Total Capital Cushion Ratios.  This ratio now stands at 221.52% as of March 31, 2017, down from 232.09% as of December 31, 2016.  



Arrivals

  1. Microfinance Maximum Savings Bank Inc, entered the Distressed Banks list with a Distressed Ratio of 380.34% as of March 31, 2017 from a Distressed Ratio of just 73.20% as of December 31, 2016.

Philippine Banking System
Total Distressed Assets/ Total Capital Cushion
December 31, 2016 to March 31, 2017
In %















Bank March 31, 2017 December 31, 2016 Variance % Variance
ING BANK N.V. 92.28% 16.98% 75.30% 443.59%
MICROFINANCE MAXIMUM SB INC 380.34% 73.20% 307.15% 419.62%
JP MORGAN CHASE BANK NATIONAL ASSN. 25.31% 6.85% 18.46% 269.75%
MERCHANTS SAVINGS & LOAN ASSN INC 6.74% 2.18% 4.57% 209.69%
ROBINSONS BANK CORPORATION 63.30% 24.15% 39.15% 162.14%
WORLD PARTNERS BANK (A THRIFT BANK) 270.09% 117.71% 152.38% 129.46%
STANDARD CHARTERED BANK 90.96% 47.30% 43.67% 92.33%
DEUTSCHE BANK AG 49.22% 26.36% 22.86% 86.73%
MARITIME SAVINGS BANK CORPORATION 86.89% 49.53% 37.37% 75.45%
CENTURY SAVINGS BANK CORPORATION 15.79% 9.81% 5.98% 60.98%
LEMERY SAVINGS & LOAN BANK, INC. 15.45% 9.93% 5.52% 55.58%
LUZON DEVELOPMENT BANK 182.24% 132.25% 49.99% 37.80%
PHIL TRUST COMPANY 38.59% 29.14% 9.45% 32.41%
OPTIMUM DEVELOPMENT BANK INC 34.37% 26.05% 8.32% 31.93%
ANZ BANKING GROUP LTD 31.92% 24.84% 7.09% 28.53%
AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS 14.43% 11.45% 2.97% 25.94%
UNIVERSITY SAVINGS BANK INC 54.37% 43.83% 10.54% 24.05%
CITYSTATE SAVINGS BANK INC 53.70% 43.78% 9.91% 22.64%
METRO CEBU PUBLIC SAVINGS BANK 91.48% 74.88% 16.60% 22.17%
PHIL POSTAL SAVINGS BANK INC 239.91% 197.20% 42.71% 21.66%
SUMITOMO MITSUI BANKING CORPORATION-MANILA BRANCH 0.47% 0.40% 0.07% 18.86%
SUN SAVINGS BANK INC 17.44% 14.70% 2.73% 18.59%
PHILIPPINE VETERANS BANK 94.63% 84.21% 10.41% 12.37%
YUANTA SAVINGS BANK PHILIPPINES INC 112.78% 101.67% 11.11% 10.93%
CHINA BANK SAVINGS INC 133.90% 120.92% 12.98% 10.73%
CTBC BANK (PHILIPPINES) CORP 19.49% 17.68% 1.82% 10.29%
QUEZON COCONUT BANK INC (A THRIFT BANK) 24.64% 22.49% 2.15% 9.56%
ISLA BANK(A THRIFT BANK) INC 3.27% 3.02% 0.25% 8.18%
LIFE SAVINGS BANK INC 29.74% 27.51% 2.23% 8.11%
DUMAGUETE CITY DEV BANK INC 55.03% 51.23% 3.80% 7.43%
BANK OF CHINA LIMITED-MANILA BRANCH 607.39% 566.05% 41.34% 7.30%
1ST VALLEY BANK INC A DEVELOPMENT BANK 33.78% 31.69% 2.09% 6.59%
PAMPANGA DEVELOPMENT BANK 36.88% 34.72% 2.17% 6.24%
BANK OF COMMERCE 75.94% 71.73% 4.20% 5.86%
BANK ONE SAVINGS AND TRUST CORP. 40.49% 38.33% 2.16% 5.63%
FIRST COMMERCIAL BANK LTD MANILA BRANCH 0.53% 0.51% 0.02% 4.54%
PHIL NATIONAL BANK 53.56% 51.29% 2.27% 4.43%
DEVELOPMENT BANK OF THE PHIL 41.55% 39.84% 1.71% 4.29%
THE PALAWAN BANK (PALAWAN DB) INC 73.79% 70.88% 2.90% 4.10%
RCBC SAVINGS BANK INC 79.42% 76.53% 2.88% 3.77%
BUSINESS AND CONSUMERS BANK (A DB) 18.91% 18.30% 0.61% 3.33%
MIZUHO BANK LTD - MANILA BRANCH 5.40% 5.25% 0.15% 2.77%
UCPB SAVINGS BANK 79.47% 77.73% 1.74% 2.24%
WEALTH DEVELOPMENT BANK CORPORATION 29.77% 29.19% 0.58% 1.98%
BATAAN SAVINGS AND LOAN BANK 3.47% 3.42% 0.06% 1.66%
PENBANK INC (A PDB) (FORMERLY: PENINSULA RB INC) 63.33% 62.50% 0.84% 1.34%
MALAYAN BANK SAVINGS AND MORT BANK INC 153.98% 152.39% 1.58% 1.04%
MAYBANK PHILIPPINES INCORPORATED 73.75% 73.89% -0.14% -0.19%
CHINA BANKING CORP 33.55% 33.62% -0.07% -0.20%
HIYAS BANKING CORPORATION 35.36% 35.51% -0.15% -0.42%
ASIA UNITED BANK CORPORATION 38.15% 38.32% -0.17% -0.44%
METROPOLITAN BANK & TCO 28.72% 28.95% -0.23% -0.78%
PHIL BANK OF COMMUNICATIONS 76.20% 76.88% -0.68% -0.89%
QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK A THRIFT BANK 37.58% 38.09% -0.52% -1.35%
LEGAZPI SAVINGS BANK INC 104.43% 105.92% -1.49% -1.41%
BANGKOK BANK PUBLIC CO LTD 3.52% 3.59% -0.07% -2.06%
THE BNK OF TOKYO-MITSUBISHI UFJ LTD 2.36% 2.42% -0.06% -2.46%
BANGKO KABAYAN INC (A PRIVATE DEVELOPMENT BANK) 56.73% 58.19% -1.46% -2.50%
ENTERPRISE BANK INC (A THRIFT BANK) 131.58% 135.86% -4.28% -3.15%
BDO PRIVATE BANK, INC. 45.13% 46.61% -1.47% -3.16%
INTER-ASIA DEVELOPMENT BANK 379.60% 393.99% -14.39% -3.65%
UNION BANK OF THE PHILS 61.06% 63.43% -2.37% -3.73%
KEB HANA BANK - MANILA BRANCH 11.11% 11.55% -0.44% -3.79%
BATAAN DEVELOPMENT BANK 110.58% 115.42% -4.83% -4.19%
VILLAGE BANK INC (A THRIFT BANK) 173.15% 182.60% -9.44% -5.17%
SHINHAN BANK - MANILA BRANCH 1.34% 1.42% -0.07% -5.21%
PHILIPPINE RESOURCES SAVINGS BANKING CORPORATION (PR SAVINGS BANK) 117.24% 124.15% -6.91% -5.57%
FARMERS SAVINGS & LOAN BANK INC 18.77% 20.03% -1.26% -6.31%
PHILIPPINE BUSINESS BANK INC A SAVINGS BANK 38.61% 41.30% -2.68% -6.50%
SECURITY BANK CORP 13.66% 14.64% -0.98% -6.71%
HONGKONG & SHANGHAI BANKING CORP 23.15% 24.87% -1.73% -6.95%
EAST WEST BANKING CORP 68.49% 74.27% -5.78% -7.78%
UNITED OVERSEAS BANK LIMITED MANILA BRANCH 0.23% 0.25% -0.02% -8.61%
CORDILLERA SAVINGS BANK INC 43.12% 47.22% -4.10% -8.69%
BANK OF MAKATI (A SAVINGS BANK) INC 51.81% 57.06% -5.25% -9.20%
MALASIQUI PROGRESSIVE SLB, INC 22.59% 24.94% -2.35% -9.42%
PHIL SAVINGS BANK 72.43% 80.29% -7.86% -9.79%
PRODUCERS SAVINGS BANK CORPORATION 58.40% 64.78% -6.38% -9.85%
LAND BANK OF THE PHILIPPINES 29.36% 32.87% -3.51% -10.68%
BPI FAMILY SAVINGS BANK INC 45.82% 51.51% -5.69% -11.05%
STERLING BANK OF ASIA INC (A SAVINGS BANK) 51.08% 58.85% -7.78% -13.21%
FIRST CONSOLIDATED BANK INC (A PDB) 30.07% 34.80% -4.73% -13.59%
BANK OF THE PHIL ISLANDS 21.05% 24.57% -3.52% -14.31%
EQUICOM SAVINGS BANK INC 103.89% 121.29% -17.40% -14.35%
NORTHPOINT DEV'T BANK INC 34.25% 40.04% -5.79% -14.45%
PHIL STAR DEVELOPMENT BANK INC 29.60% 34.86% -5.26% -15.08%
RIZAL COMM'L BANKING CORP 22.98% 27.14% -4.16% -15.32%
BPI DIRECT BANKO INC A SAVINGS BANK 38.04% 45.54% -7.50% -16.47%
CARD SME BANK INC A THRIFT BANK 24.50% 30.78% -6.28% -20.41%
CITY SAVINGS BANK INC 43.68% 55.87% -12.20% -21.83%
CITIBANK, N.A. 46.56% 60.78% -14.22% -23.39%
PNB SAVINGS BANK 14.63% 19.39% -4.76% -24.56%
UNITED COCONUT PLANTERS BANK 264.85% 359.43% -94.58% -26.31%
BDO UNIBANK INC 24.23% 37.08% -12.85% -34.65%
MEGA INT'L COMM'L BANK CO LTD 16.95% 25.98% -9.03% -34.77%
BANK OF AMERICA N.A. 0.62% 1.03% -0.42% -40.44%
INDUSTRIAL BANK OF KOREA MANILA BRANCH 2.75% 7.99% -5.24% -65.61%
CATHAY UNITED BANK CO LTD - MANILA BRANCH 0.49% 1.60% -1.11% -69.49%
DUNGGANON BANK (A MICROFINANCE THRIFT BANK) INC NA 51.67% NA NA
HSBC SAVINGS BANK(PHILS) INC NA 11.56% NA NA
Grand Total 37.83% 40.88% -3.04% -7.44%

Philippine Banking System
Total Distressed Assets/ Total Capital Cushion
December 31, 2016 to March 31, 2017
In Php


















March 31, 2017


December 31, 2016
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 %)
BANK OF CHINA LIMITED-MANILA BRANCH 16,316,408,057.26 2,686,324,967.11 607.39%
15,126,831,458.02 2,672,347,692.15 566.05%
MICROFINANCE MAXIMUM SB INC 40,636,925.40 10,684,332.08 380.34%
40,090,163.89 54,771,442.59 73.20%
INTER-ASIA DEVELOPMENT BANK 253,076,745.04 66,668,963.29 379.60%
239,393,425.75 60,760,898.70 393.99%
WORLD PARTNERS BANK (A THRIFT BANK) 277,184,901.12 102,628,351.31 270.09%
276,257,129.54 234,701,101.62 117.71%
UNITED COCONUT PLANTERS BANK 27,914,580,248.86 10,539,833,574.33 264.85%
28,974,612,581.23 8,061,344,680.37 359.43%
PHIL POSTAL SAVINGS BANK INC 3,326,249,104.50 1,386,449,400.04 239.91%
2,687,447,627.94 1,362,809,795.55 197.20%
LUZON DEVELOPMENT BANK 951,149,954.11 521,928,677.74 182.24%
870,877,129.17 658,520,505.27 132.25%
VILLAGE BANK INC (A THRIFT BANK) 179,573,012.37 103,706,871.16 173.15%
179,830,047.40 98,485,627.30 182.60%
MALAYAN BANK SAVINGS AND MORT BANK INC 1,964,417,489.67 1,275,798,584.85 153.98%
1,956,205,970.05 1,283,661,051.68 152.39%
CHINA BANK SAVINGS INC 11,743,955,383.54 8,770,953,583.39 133.90%
11,166,509,804.59 9,234,578,383.26 120.92%
ENTERPRISE BANK INC (A THRIFT BANK) 520,149,433.80 395,307,375.68 131.58%
519,127,042.07 382,097,130.25 135.86%
PHILIPPINE RESOURCES SAVINGS BANKING CORPORATION (PR SAVINGS BANK) 3,091,770,765.97 2,637,191,657.49 117.24%
3,075,137,866.11 2,476,919,001.92 124.15%
YUANTA SAVINGS BANK PHILIPPINES INC 1,250,009,687.04 1,108,320,847.39 112.78%
1,123,456,087.91 1,105,008,705.94 101.67%
BATAAN DEVELOPMENT BANK 109,965,268.61 99,439,678.30 110.58%
111,558,649.63 96,657,335.55 115.42%
LEGAZPI SAVINGS BANK INC 939,745,055.52 899,898,336.50 104.43%
935,044,558.32 882,809,922.80 105.92%
EQUICOM SAVINGS BANK INC 954,877,348.91 919,157,737.79 103.89%
920,564,320.14 758,995,198.35 121.29%
PHILIPPINE VETERANS BANK 6,045,384,252.15 6,388,605,134.13 94.63%
5,813,408,772.81 6,903,137,432.84 84.21%
ING BANK N.V. 2,410,863,531.46 2,612,691,914.99 92.28%
442,500,094.03 2,606,771,914.09 16.98%
METRO CEBU PUBLIC SAVINGS BANK 71,917,233.90 78,611,646.62 91.48%
68,153,059.60 91,015,811.52 74.88%
STANDARD CHARTERED BANK 7,469,507,447.23 8,211,510,687.09 90.96%
3,869,199,565.44 8,180,830,061.99 47.30%
MARITIME SAVINGS BANK CORPORATION 38,418,701.25 44,213,375.12 86.89%
35,387,766.68 71,452,966.96 49.53%
UCPB SAVINGS BANK 2,718,912,995.96 3,421,212,697.65 79.47%
2,665,243,340.27 3,428,720,199.39 77.73%
RCBC SAVINGS BANK INC 10,103,995,018.27 12,722,756,975.60 79.42%
8,879,650,366.22 11,602,333,846.39 76.53%
PHIL BANK OF COMMUNICATIONS 8,345,454,061.43 10,952,490,620.08 76.20%
8,348,705,859.85 10,859,291,581.53 76.88%
BANK OF COMMERCE 13,790,868,761.27 18,160,941,025.93 75.94%
13,050,827,432.03 18,193,111,829.37 71.73%
THE PALAWAN BANK (PALAWAN DB) INC 32,607,786.13 44,192,218.20 73.79%
28,718,057.14 40,515,065.36 70.88%
MAYBANK PHILIPPINES INCORPORATED 9,932,270,482.56 13,468,045,048.18 73.75%
10,003,286,900.08 13,538,862,099.91 73.89%
PHIL SAVINGS BANK 17,700,780,168.05 24,440,006,488.28 72.43%
17,806,133,956.96 22,178,636,172.40 80.29%
EAST WEST BANKING CORP 27,377,719,521.34 39,973,102,846.20 68.49%
27,036,399,581.46 36,402,000,855.23 74.27%
PENBANK INC (A PDB) (FORMERLY: PENINSULA RB INC) 358,361,432.25 565,831,919.71 63.33%
344,061,778.20 550,531,931.42 62.50%
ROBINSONS BANK CORPORATION 8,603,359,459.32 13,590,708,826.24 63.30%
3,218,763,345.34 13,328,883,285.32 24.15%
UNION BANK OF THE PHILS 42,898,436,125.17 70,251,475,614.12 61.06%
39,841,281,822.31 62,809,305,314.47 63.43%
PRODUCERS SAVINGS BANK CORPORATION 1,046,465,478.89 1,792,001,414.64 58.40%
1,047,955,606.91 1,617,773,988.39 64.78%
BANGKO KABAYAN INC (A PRIVATE DEVELOPMENT BANK) 272,227,838.70 479,848,000.19 56.73%
264,727,798.72 454,943,864.25 58.19%
DUMAGUETE CITY DEV BANK INC 157,693,060.74 286,545,407.02 55.03%
138,353,989.35 270,074,160.98 51.23%
UNIVERSITY SAVINGS BANK INC 157,210,191.05 289,172,584.46 54.37%
126,667,303.33 289,016,791.59 43.83%
CITYSTATE SAVINGS BANK INC 424,191,734.04 789,975,140.16 53.70%
331,352,095.50 756,794,369.28 43.78%
PHIL NATIONAL BANK 63,305,483,861.30 118,202,591,190.55 53.56%
60,599,154,710.85 118,157,606,806.42 51.29%
BANK OF MAKATI (A SAVINGS BANK) INC 4,228,806,427.92 8,162,468,258.67 51.81%
4,205,149,616.05 7,370,251,259.05 57.06%
STERLING BANK OF ASIA INC (A SAVINGS BANK) 1,643,886,989.30 3,218,482,499.65 51.08%
1,840,068,702.44 3,126,545,761.22 58.85%
DEUTSCHE BANK AG 1,037,384,066.62 2,107,490,315.37 49.22%
560,927,535.79 2,127,918,284.06 26.36%
CITIBANK, N.A. 8,002,766,461.26 17,187,017,094.51 46.56%
10,385,233,914.27 17,086,459,291.36 60.78%
BPI FAMILY SAVINGS BANK INC 15,300,865,769.67 33,396,687,963.79 45.82%
14,819,531,849.59 28,771,568,606.47 51.51%
BDO PRIVATE BANK, INC. 2,542,859,579.63 5,634,312,488.71 45.13%
2,360,663,792.30 5,065,100,238.11 46.61%
CITY SAVINGS BANK INC 5,152,276,166.29 11,796,445,418.71 43.68%
4,742,578,997.91 8,488,295,958.79 55.87%
CORDILLERA SAVINGS BANK INC 64,348,495.42 149,230,681.00 43.12%
70,319,992.41 148,912,543.90 47.22%
DEVELOPMENT BANK OF THE PHIL 21,873,008,420.95 52,638,628,635.50 41.55%
19,294,706,319.83 48,427,385,550.96 39.84%
BANK ONE SAVINGS AND TRUST CORP. 236,762,764.00 584,719,520.57 40.49%
220,631,078.54 575,561,384.50 38.33%
PHILIPPINE BUSINESS BANK INC A SAVINGS BANK 4,245,633,838.36 10,995,512,483.16 38.61%
4,240,343,744.50 10,268,291,322.69 41.30%
PHIL TRUST COMPANY 8,960,569,953.56 23,220,151,668.31 38.59%
6,741,060,316.21 23,130,994,453.97 29.14%
ASIA UNITED BANK CORPORATION 10,261,206,773.03 26,898,232,825.45 38.15%
9,278,006,250.81 24,213,265,697.34 38.32%
BPI DIRECT BANKO INC A SAVINGS BANK 843,247,867.00 2,216,657,209.29 38.04%
919,786,987.98 2,019,573,463.87 45.54%
QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK A THRIFT BANK 254,964,051.92 678,498,529.42 37.58%
259,432,187.16 681,047,909.21 38.09%
PAMPANGA DEVELOPMENT BANK 59,865,911.71 162,315,062.07 36.88%
53,771,813.32 154,884,142.04 34.72%
HIYAS BANKING CORPORATION 64,138,414.80 181,363,643.13 35.36%
64,378,638.71 181,272,201.82 35.51%
OPTIMUM DEVELOPMENT BANK INC 308,915,369.88 898,756,705.41 34.37%
227,362,646.92 872,676,014.05 26.05%
NORTHPOINT DEV'T BANK INC 148,242,344.88 432,764,345.96 34.25%
170,023,538.90 424,608,422.63 40.04%
1ST VALLEY BANK INC A DEVELOPMENT BANK 564,476,104.94 1,671,093,362.27 33.78%
478,409,830.13 1,509,636,707.55 31.69%
CHINA BANKING CORP 21,654,691,371.97 64,540,248,664.73 33.55%
21,668,009,646.02 64,449,112,327.99 33.62%
ANZ BANKING GROUP LTD 1,438,727,484.55 4,507,065,659.70 31.92%
1,118,232,629.80 4,502,641,749.66 24.84%
FIRST CONSOLIDATED BANK INC (A PDB) 1,329,563,607.55 4,421,470,746.07 30.07%
1,366,180,244.75 3,925,892,000.89 34.80%
WEALTH DEVELOPMENT BANK CORPORATION 461,682,317.84 1,550,872,367.56 29.77%
406,174,709.01 1,391,408,552.86 29.19%
LIFE SAVINGS BANK INC 21,176,908.55 71,203,188.77 29.74%
18,504,420.33 67,261,879.66 27.51%
PHIL STAR DEVELOPMENT BANK INC 30,686,406.25 103,664,631.94 29.60%
35,546,067.15 101,975,258.53 34.86%
LAND BANK OF THE PHILIPPINES 27,154,867,084.51 92,478,818,587.08 29.36%
25,936,446,320.74 78,898,242,798.67 32.87%
METROPOLITAN BANK & TCO 60,108,835,736.05 209,257,932,293.61 28.72%
61,436,255,576.43 212,212,640,479.13 28.95%
JP MORGAN CHASE BANK NATIONAL ASSN. 356,106,417.55 1,406,989,114.78 25.31%
96,310,874.42 1,406,989,114.78 6.85%
QUEZON COCONUT BANK INC (A THRIFT BANK) 14,507,945.41 58,891,422.76 24.64%
13,243,555.47 58,896,033.08 22.49%
CARD SME BANK INC A THRIFT BANK 170,211,045.72 694,815,297.70 24.50%
190,987,150.14 620,521,098.74 30.78%
BDO UNIBANK INC 74,091,179,857.40 305,760,430,278.46 24.23%
82,361,772,589.44 222,129,864,926.92 37.08%
HONGKONG & SHANGHAI BANKING CORP 3,312,575,059.88 14,311,600,537.36 23.15%
3,476,624,597.15 13,976,676,208.74 24.87%
RIZAL COMM'L BANKING CORP 14,952,661,233.58 65,063,322,123.18 22.98%
16,620,564,557.66 61,237,910,163.72 27.14%
MALASIQUI PROGRESSIVE SLB, INC 13,351,105.77 59,092,503.42 22.59%
14,739,957.93 59,092,503.42 24.94%
BANK OF THE PHIL ISLANDS 38,150,916,193.12 181,197,060,574.65 21.05%
39,032,361,017.73 158,859,660,704.92 24.57%
CTBC BANK (PHILIPPINES) CORP 1,475,568,155.28 7,569,355,059.20 19.49%
1,338,228,290.83 7,571,131,213.35 17.68%
BUSINESS AND CONSUMERS BANK (A DB) 17,816,834.46 94,229,749.55 18.91%
17,516,186.54 95,724,586.04 18.30%
FARMERS SAVINGS & LOAN BANK INC 26,087,131.51 138,988,196.18 18.77%
25,902,674.63 129,294,538.69 20.03%
SUN SAVINGS BANK INC 34,899,246.95 200,140,918.73 17.44%
28,885,136.55 196,444,008.63 14.70%
MEGA INT'L COMM'L BANK CO LTD 382,285,266.08 2,255,553,267.82 16.95%
579,904,746.17 2,231,943,410.87 25.98%
CENTURY SAVINGS BANK CORPORATION 148,266,838.64 939,015,392.25 15.79%
95,088,612.40 969,488,170.41 9.81%
LEMERY SAVINGS & LOAN BANK, INC. 12907411.96 83548030.72 15.45%
8,134,521.83 81,920,093.91 9.93%
PNB SAVINGS BANK 1,769,043,085.01 12,095,773,966.90 14.63%
2,338,539,469.62 12,062,171,039.90 19.39%
AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS 43,466,459.99 301,308,176.90 14.43%
40,580,697.68 354,263,955.59 11.45%
SECURITY BANK CORP 13,751,988,170.96 100,685,898,005.08 13.66%
13,597,727,664.78 92,876,035,419.44 14.64%
KEB HANA BANK - MANILA BRANCH 175,921,097.39 1,583,616,586.01 11.11%
182,755,492.84 1,582,723,292.43 11.55%
MERCHANTS SAVINGS & LOAN ASSN INC 41,623,473.55 617,303,577.00 6.74%
15,291,332.84 702,306,744.45 2.18%
MIZUHO BANK LTD - MANILA BRANCH 313,883,921.24 5,811,975,140.91 5.40%
302,151,194.29 5,749,964,606.89 5.25%
BANGKOK BANK PUBLIC CO LTD 122,529,775.74 3,482,342,677.00 3.52%
124,474,567.07 3,464,889,177.00 3.59%
BATAAN SAVINGS AND LOAN BANK 2,080,161.57 59,861,620.72 3.47%
2,046,274.98 59,861,620.72 3.42%
ISLA BANK(A THRIFT BANK) INC 21,888,191.74 669,228,421.19 3.27%
20,165,338.56 666,976,418.68 3.02%
INDUSTRIAL BANK OF KOREA MANILA BRANCH 60,745,441.49 2,210,533,394.21 2.75%
174,287,566.49 2,181,032,346.27 7.99%
THE BNK OF TOKYO-MITSUBISHI UFJ LTD 117,283,978.96 4,967,420,166.75 2.36%
120,244,555.91 4,967,420,166.75 2.42%
SHINHAN BANK - MANILA BRANCH 29,666,122.91 2,209,803,020.00 1.34%
31,233,161.68 2,205,330,996.00 1.42%
BANK OF AMERICA N.A. 13,082,185.90 2,123,761,205.20 0.62%
21,965,204.45 2,123,761,205.20 1.03%
FIRST COMMERCIAL BANK LTD MANILA BRANCH 10,929,134.70 2,061,360,424.92 0.53%
10,751,218.35 2,119,950,000.00 0.51%
CATHAY UNITED BANK CO LTD - MANILA BRANCH 10,448,030.28 2,137,180,231.60 0.49%
34,251,488.85 2,137,548,971.18 1.60%
SUMITOMO MITSUI BANKING CORPORATION-MANILA BRANCH 61,558,421.85 13,093,701,260.08 0.47%
51,755,204.23 13,084,187,806.49 0.40%
UNITED OVERSEAS BANK LIMITED MANILA BRANCH 5,382,070.83 2,381,918,151.88 0.23%
5,950,524.64 2,406,821,935.05 0.25%
DUNGGANON BANK (A MICROFINANCE THRIFT BANK) INC NA NA NA
62,788,421.90 121,524,055.84 51.67%
HSBC SAVINGS BANK(PHILS) INC NA NA NA
215,364,569.32 1,862,329,637.76 11.56%
Grand Total 640,801,194,680.01 1,693,778,947,057.13 37.83%
626,333,202,850.21 1,532,304,159,255.24 40.88%
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, 2016 and March 31, 2017 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.