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Sunday, February 23, 2020

Philippine Banks Improve Slightly in the 3rd Quarter of 2019

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 12.58 billion or 1.52% from June 30, 2019 to September 30, 2019.  This increase was offset by the increase of their Total Capital Cushion of Php 35.69 billion or 1.61% during the same period. As a result, the Ratio of Total Distressed Assets to Total Capital Cushion of Philippine Commercial Banks decreased by 0.95 percentage points, from 37.39% as of June 30, 2019 to 36.43% as of September 30, 2019. On a year on year basis, the Distressed Asset Ratio has increased by 1.00 percentage points from 35.43% as of September 30, 2018 to 36.43% as of September 30, 2019.



  The list of Philippine Banks classified as distressed as of September 30, 2019 are as follows:

 
The Top Distressed Philippine Banks
Total Distressed Assets/ Total Capital Cushion
September 30, 2019
In Php









September 30, 2019
Bank Total Distressed Assets (In PhP) Total Capital Cushion (In PhP) Distressed Assets/ Total Capital Cushion (In %)
INTER-ASIA DEVELOPMENT BANK 603,975,057.13 89,057,758.62 678.18%
RB OF JAEN INC 289,710,088.82 57,795,953.69 501.26%
SAVIOUR RURAL BANK INC 520,813,197.77 104,266,957.08 499.50%
RB OF CENTRAL PANGASINAN (BAYAMBANG) INC 801,173,241.45 188,221,990.32 425.65%
COOP BANK OF CAGAYAN 383,622,540.56 105,371,177.73 364.07%
RB OF BROOKE'S POINT (PALAWAN) INC 343,569,235.86 98,745,885.41 347.93%
RB OF DULAG (LEYTE) INC 351,859,570.12 107,563,978.48 327.12%
BENGUET CENTER BANK INC A RB 212,938,649.15 70,498,979.94 302.05%
UNITED COCONUT PLANTERS BANK 18,970,162,725.65 6,776,674,065.74 279.93%
COMMTY RB OF DAPITAN CITY INC 443,182,863.35 161,602,826.39 274.24%
MALAYAN BANK SAVINGS AND MORT BANK INC 3,841,811,407.37 1,424,236,269.29 269.75%
RB OF CARDONA (RIZAL) INC 336,921,658.34 125,094,802.07 269.33%
MAKILING DEVELOPMENT BANK CORPORATION 909,552,931.50 348,548,891.10 260.95%
VILLAGE BANK INC (A RURAL BANK) 277,542,111.80 107,313,565.81 258.63%
RB OF MIDSAYAP INC 229,418,646.01 100,925,612.49 227.31%
RB OF PILAR (BATAAN) INC 346,780,211.00 153,861,114.95 225.39%
BANK OF CHINA LIMITED-MANILA BRANCH 21,277,361,603.71 10,086,765,483.16 210.94%
PLANBANK "RB OF CANLUBANG PLANTERS INC" 310,188,918.31 154,423,979.91 200.87%
YUANTA SAVINGS BANK PHILIPPINES INC 1,651,442,735.73 904,821,958.20 182.52%
RANG-AY BANK INC (A RURAL BANK) 945,625,397.50 533,212,561.60 177.34%
RB OF GENERAL TRIAS INC 230,627,278.26 141,763,762.14 162.68%
AMA RURAL BANK OF MANDALUYONG INC 1,403,596,530.43 891,921,691.66 157.37%
RB OF SAN LUIS (PAMPANGA) INC 175,464,578.25 114,537,220.96 153.19%
ENTERPRISE BANK INC (A THRIFT BANK) 615,972,133.84 416,558,371.02 147.87%
RB OF SAN MATEO(ISABELA) INC 193,132,656.41 136,654,395.35 141.33%
PEOPLES BANK OF CARAGA INC (A RURAL BANK) 591,956,730.74 421,692,152.80 140.38%
EQUICOM SAVINGS BANK INC 1,342,600,228.77 1,046,369,742.58 128.31%
RB OF BAMBANG (NUEVA VIZCAYA) INC 176,270,866.46 138,079,267.69 127.66%
COUNTRY BUILDERS BANK INC (A RURAL BANK) 447,566,361.42 354,184,625.30 126.37%
RB OF MARIA AURORA (AURORA) INC 296,616,768.80 238,942,441.99 124.14%
RB OF BAYOMBONG INC 222,900,266.96 181,010,882.20 123.14%
CHINA BANK SAVINGS INC 14,333,672,582.61 11,704,604,899.76 122.46%
COMMON WEALTH RURAL BANK INC 158,816,261.60 133,847,522.75 118.65%
COOPERATIVE BANK OF BOHOL 128,504,467.96 112,434,247.74 114.29%
UCPB SAVINGS BANK 3,990,723,671.68 3,581,278,919.06 111.43%
PHIL BANK OF COMMUNICATIONS 14,133,443,495.97 12,760,687,633.53 110.76%
GATEWAY RURAL BANK INC 134,585,785.25 122,636,282.32 109.74%
CORDILLERA SAVINGS BANK INC 150,654,300.79 137,457,221.38 109.60%
GM BANK OF LUZON INC (A RURAL BANK) 524,403,298.67 483,172,924.10 108.53%
RB OF SAN NARCISO INC 58,771,706.43 55,716,472.11 105.48%
PRODUCERS SAVINGS BANK CORPORATION 2,393,150,809.36 2,271,730,683.32 105.34%
ASIA UNITED BANK CORPORATION 31,993,330,514.85 30,654,018,442.84 104.37%
Grand Total 126,744,414,086.64 87,798,303,614.58 144.36%

  

As a group, the distressed banks showed an increase in their Total Distressed Assets/Total Capital Cushion Ratios.  This ratio now stands at  144.36% as of September 30, 2019, up from 142.14% as of June 30, 2019.



In the third quarter of 2019, three banks entered the distressed banks list while two banks left the list.


 
Top Distressed Philippine Banks
Departures and Arrivals
Distressed Asset Ratios
June 30, 2019 to September 30, 2019
In %






Bank September 30, 2019 June 30, 2019
Arrivals

COOPERATIVE BANK OF BOHOL 114.29% 63.71%
PRODUCERS SAVINGS BANK CORPORATION 105.34% 76.37%
CORDILLERA SAVINGS BANK INC 109.60% 96.93%



Departures

PHILIPPINE VETERANS BANK 97.43% 100.64%
LAGAWE HIGHLANDS RB INC 94.89% 101.87%


The complete list of banks and their distressed asset ratios for the third quarter of 2019 is as follows:



Philippine Banking System
Total Distressed Assets/ Total Capital Cushion
June 30, 2019 to September 30, 2019
In Php









September 30, 2019
Bank Total Distressed Assets (In PhP) Total Capital Cushion (In PhP) Distressed Assets/ Total Capital Cushion (In %)
INTER-ASIA DEVELOPMENT BANK 603,975,057.13 89,057,758.62 678.18%
RB OF JAEN INC 289,710,088.82 57,795,953.69 501.26%
SAVIOUR RURAL BANK INC 520,813,197.77 104,266,957.08 499.50%
RB OF CENTRAL PANGASINAN (BAYAMBANG) INC 801,173,241.45 188,221,990.32 425.65%
COOP BANK OF CAGAYAN 383,622,540.56 105,371,177.73 364.07%
RB OF BROOKE'S POINT (PALAWAN) INC 343,569,235.86 98,745,885.41 347.93%
RB OF DULAG (LEYTE) INC 351,859,570.12 107,563,978.48 327.12%
BENGUET CENTER BANK INC A RB 212,938,649.15 70,498,979.94 302.05%
UNITED COCONUT PLANTERS BANK 18,970,162,725.65 6,776,674,065.74 279.93%
COMMTY RB OF DAPITAN CITY INC 443,182,863.35 161,602,826.39 274.24%
MALAYAN BANK SAVINGS AND MORT BANK INC 3,841,811,407.37 1,424,236,269.29 269.75%
RB OF CARDONA (RIZAL) INC 336,921,658.34 125,094,802.07 269.33%
MAKILING DEVELOPMENT BANK CORPORATION 909,552,931.50 348,548,891.10 260.95%
VILLAGE BANK INC (A RURAL BANK) 277,542,111.80 107,313,565.81 258.63%
RB OF MIDSAYAP INC 229,418,646.01 100,925,612.49 227.31%
RB OF PILAR (BATAAN) INC 346,780,211.00 153,861,114.95 225.39%
BANK OF CHINA LIMITED-MANILA BRANCH 21,277,361,603.71 10,086,765,483.16 210.94%
PLANBANK "RB OF CANLUBANG PLANTERS INC" 310,188,918.31 154,423,979.91 200.87%
YUANTA SAVINGS BANK PHILIPPINES INC 1,651,442,735.73 904,821,958.20 182.52%
RANG-AY BANK INC (A RURAL BANK) 945,625,397.50 533,212,561.60 177.34%
RB OF GENERAL TRIAS INC 230,627,278.26 141,763,762.14 162.68%
AMA RURAL BANK OF MANDALUYONG INC 1,403,596,530.43 891,921,691.66 157.37%
RB OF SAN LUIS (PAMPANGA) INC 175,464,578.25 114,537,220.96 153.19%
ENTERPRISE BANK INC (A THRIFT BANK) 615,972,133.84 416,558,371.02 147.87%
RB OF SAN MATEO(ISABELA) INC 193,132,656.41 136,654,395.35 141.33%
PEOPLES BANK OF CARAGA INC (A RURAL BANK) 591,956,730.74 421,692,152.80 140.38%
EQUICOM SAVINGS BANK INC 1,342,600,228.77 1,046,369,742.58 128.31%
RB OF BAMBANG (NUEVA VIZCAYA) INC 176,270,866.46 138,079,267.69 127.66%
COUNTRY BUILDERS BANK INC (A RURAL BANK) 447,566,361.42 354,184,625.30 126.37%
RB OF MARIA AURORA (AURORA) INC 296,616,768.80 238,942,441.99 124.14%
RB OF BAYOMBONG INC 222,900,266.96 181,010,882.20 123.14%
CHINA BANK SAVINGS INC 14,333,672,582.61 11,704,604,899.76 122.46%
COMMON WEALTH RURAL BANK INC 158,816,261.60 133,847,522.75 118.65%
COOPERATIVE BANK OF BOHOL 128,504,467.96 112,434,247.74 114.29%
UCPB SAVINGS BANK 3,990,723,671.68 3,581,278,919.06 111.43%
PHIL BANK OF COMMUNICATIONS 14,133,443,495.97 12,760,687,633.53 110.76%
GATEWAY RURAL BANK INC 134,585,785.25 122,636,282.32 109.74%
CORDILLERA SAVINGS BANK INC 150,654,300.79 137,457,221.38 109.60%
GM BANK OF LUZON INC (A RURAL BANK) 524,403,298.67 483,172,924.10 108.53%
RB OF SAN NARCISO INC 58,771,706.43 55,716,472.11 105.48%
PRODUCERS SAVINGS BANK CORPORATION 2,393,150,809.36 2,271,730,683.32 105.34%
ASIA UNITED BANK CORPORATION 31,993,330,514.85 30,654,018,442.84 104.37%
BANCO MEXICO INC (A RURAL BANK) 59,371,810.08 60,300,130.65 98.46%
PHILIPPINE VETERANS BANK 5,591,895,936.35 5,739,173,216.31 97.43%
BOF INC (A RURAL BANK) 624,713,179.53 642,802,469.17 97.19%
LAGAWE HIGHLANDS RB INC 64,173,691.48 67,628,554.93 94.89%
FIRST AGRO-INDUSTRIAL RB INC(FAIRBANK) 132,824,313.30 145,080,951.84 91.55%
ENTREPRENEUR RB INC 82,629,705.04 92,494,347.97 89.33%
BANGKO MABUHAY (A RURAL BANK) INC 288,633,135.62 334,650,767.06 86.25%
BATAAN DEVELOPMENT BANK 103,417,778.95 120,119,828.90 86.10%
PENBANK INC (A PDB) (FORMERLY: PENINSULA RB INC) 494,121,498.21 590,330,854.86 83.70%
ILOCOS CONSOLIDATED COOPERATIVE BANK 237,455,049.74 284,860,294.22 83.36%
MAYBANK PHILIPPINES INCORPORATED 13,001,725,748.13 15,670,489,064.08 82.97%
CONSOLIDATED COOPERATIVE BANK 430,323,203.66 522,714,998.13 82.32%
RB OF MAGDALENA (LAGUNA) INC 99,571,181.99 122,538,456.32 81.26%
FIRST IMPERIAL BUSINESS BANK INC (A RURAL BANK) 237,246,177.39 292,557,357.63 81.09%
AGRIBUSINESS RURAL BANK INC 800,003,533.26 997,045,477.00 80.24%
PBCOM RURAL BANK INC 732,672,292.92 927,005,866.32 79.04%
LEGAZPI SAVINGS BANK INC 639,444,617.57 829,242,217.84 77.11%
LIBERTY BANK (A RURAL BANK) INC 59,066,934.13 76,650,630.93 77.06%
MT CARMEL RURAL BANK INC 278,122,630.31 366,809,513.51 75.82%
CANTILAN BANK INC (A RURAL BANK) 463,162,032.07 611,549,814.40 75.74%
CITY SAVINGS BANK INC 11,997,671,439.35 16,153,612,099.45 74.27%
RB OF ITOGON (BENGUET) INC 99,924,510.82 134,542,763.42 74.27%
NEW RB OF SAN LEONARDO (N.E.) INC 187,112,985.90 253,873,504.19 73.70%
SUGBUANON RB INC 81,489,746.51 114,310,395.26 71.29%
COOP BANK OF BENGUET (CBB) 77,953,691.33 111,878,935.91 69.68%
STERLING BANK OF ASIA INC (A SAVINGS BANK) 2,496,676,618.70 3,607,748,501.00 69.20%
PHIL SAVINGS BANK 24,100,796,884.82 34,887,844,715.42 69.08%
RB OF SAN PASCUAL(OBANDO BULACAN)INC 54,441,588.19 79,909,299.96 68.13%
DUMAGUETE CITY DEV BANK INC 234,455,433.67 347,628,399.87 67.44%
MINDANAO CONSOLIDATED COOPERATIVE BANK 289,242,483.63 435,227,070.46 66.46%
COOPERATIVE BANK OF NUEVA VIZCAYA 77,480,756.83 117,291,165.47 66.06%
ALIAGA FARMERS RURAL BANK INC 121,392,226.60 185,764,950.73 65.35%
RB OF MABALACAT INC 65,228,804.59 100,690,709.67 64.78%
DEVELOPMENT BANK OF THE PHIL 40,190,329,892.76 62,450,082,767.32 64.36%
WEALTH DEVELOPMENT BANK CORPORATION 1,056,877,447.98 1,642,419,601.64 64.35%
HIGHLAND RURAL BANK INC 105,086,350.90 164,486,964.13 63.89%
PNB SAVINGS BANK 8,099,738,453.75 12,774,460,823.63 63.41%
CITIZEN'S RB (CABIAO) INC 41,880,953.66 66,191,594.12 63.27%
OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE RURAL BANK) 57,157,456.19 95,927,090.87 59.58%
RB OF POZORRUBIO INC 27,284,854.33 45,910,405.27 59.43%
COOP BANK OF PALAWAN 138,978,866.36 235,504,500.14 59.01%
GOLDEN RURAL BANK OF THE PHILIPPINES INC 45,023,853.98 77,162,101.86 58.35%
PANGASINAN BANK (A RB) INC 50,962,293.99 87,978,823.60 57.93%
DUNGGANON BANK (A MICROFINANCE RURAL BANK) INC 108,006,428.83 187,508,517.66 57.60%
COOP BANK OF QUEZON PROVINCE 74,460,492.59 130,749,336.42 56.95%
CITIBANK, N.A. 10,020,325,761.08 17,860,696,692.49 56.10%
RNG COASTAL BANK INC(A RURAL BANK) 97,139,166.38 173,785,879.00 55.90%
MALARAYAT RB INC 111,894,055.74 201,948,538.88 55.41%
RB OF PORAC (PAMPANGA) INC 179,619,845.47 326,198,026.69 55.06%
CAMALIG BANK INC (A RURAL BANK) 166,928,599.70 310,601,946.77 53.74%
SOUTH BANK (A RURAL BANK) INC 55,969,895.10 104,867,903.15 53.37%
UNIVERSITY SAVINGS BANK INC 243,139,482.94 461,162,867.19 52.72%
METRO SOUTH COOP BANK 511,324,400.75 977,619,976.27 52.30%
MACTAN RURAL BANK (LAPU-LAPU CITY) INC 115,632,162.16 222,008,574.77 52.08%
RB OF DUMANGAS INC 53,406,650.73 103,438,320.72 51.63%
EAST WEST BANKING CORP 25,346,925,836.39 49,302,802,428.41 51.41%
RB OF MARAGONDON INC 39,904,958.94 78,010,612.73 51.15%
RB OF SAN AGUSTIN (ISABELA) INC 29,726,926.30 58,157,523.50 51.11%
HIYAS BANKING CORPORATION 105,304,715.46 207,346,154.65 50.79%
BPI DIRECT BANKO INC A SAVINGS BANK 1,633,660,512.24 3,233,427,359.90 50.52%
BPI FAMILY SAVINGS BANK INC 17,930,804,993.48 35,815,553,827.52 50.06%
BANK OF MAKATI (A SAVINGS BANK) INC 5,319,855,995.53 10,766,978,429.47 49.41%
MARITIME SAVINGS BANK CORPORATION 29,886,884.79 61,041,130.40 48.96%
FILIDIAN RURAL BANK OF ANTIPOLO INC 74,888,171.06 153,485,196.52 48.79%
PHIL STAR DEVELOPMENT BANK INC 66,756,341.05 137,231,127.10 48.65%
BDO NETWORK BANK INC 3,895,191,265.70 8,066,678,041.85 48.29%
FIRST TAGUM RURAL BANK INC 158,452,229.63 329,629,174.72 48.07%
COMMTY RB OF CATMON (CEBU) INC 69,247,281.78 144,185,439.09 48.03%
RB OF LEBAK (SULTAN KUDARAT) INC 58,405,944.03 121,874,710.52 47.92%
ASPAC RURAL BANK INC 163,312,074.41 343,222,634.57 47.58%
STANDARD CHARTERED BANK 4,211,158,665.61 8,998,768,935.54 46.80%
SUMMIT BANK (RB OF TUBLAY INC) 179,661,841.34 386,458,948.01 46.49%
RIZAL COMM'L BANKING CORP 47,028,957,204.18 101,934,446,251.59 46.14%
RB OF PILAR (SORSOGON) INC 41,603,014.94 90,219,618.54 46.11%
BHF RURAL BANK INC 154,848,356.83 339,104,809.87 45.66%
RB OF BAGABAG (N.V.)INC 83,281,487.42 182,644,209.67 45.60%
CSFIRST BANK INC - A RURAL BANK 21,034,416.31 46,506,251.52 45.23%
BALANGA RURAL BANK, INC. 37,465,189.32 84,210,335.65 44.49%
UNION BANK OF THE PHILS 39,568,793,732.17 89,245,760,970.79 44.34%
CITYSTATE SAVINGS BANK INC 306,402,846.40 698,588,473.90 43.86%
BANKWAYS INC (A RURAL BANK) 115,871,940.95 266,212,724.89 43.53%
MEGA INT'L COMM'L BANK CO LTD 1,580,548,815.43 3,669,569,676.90 43.07%
BANK ONE SAVINGS CORPORATION 282,203,350.52 658,488,237.82 42.86%
MVSM BANK (A RURAL BANK SINCE 1953) INC 66,092,785.18 157,586,973.33 41.94%
GUAGUA RURAL BANK INC 427,012,032.47 1,019,539,292.68 41.88%
MARAYO BANK INC (A RURAL BANK) 288,835,453.39 706,571,249.58 40.88%
BANGKO KABAYAN INC (A PRIVATE DEVELOPMENT BANK) 216,267,218.76 550,044,342.57 39.32%
BANK OF COMMERCE 7,138,116,227.15 18,161,952,262.59 39.30%
SUN SAVINGS BANK INC 123,673,705.92 315,356,301.54 39.22%
BANCO LAGUNA INC (A RURAL BANK SINCE 1965) 53,362,522.26 136,493,052.26 39.10%
RURAL BANK OF PLACER (SURIGAO DEL NORTE) INC 55,942,957.80 143,835,863.15 38.89%
HONGKONG & SHANGHAI BANKING CORP 6,057,361,324.52 15,598,629,747.69 38.83%
CEBUANA LHUILLIER RB INC 61,056,030.29 160,094,631.70 38.14%
RB OF MANGALDAN INC(BANGKO RURAL NG MANGALDAN INK) 31,260,233.42 82,118,111.65 38.07%
QUEZON CAPITAL RB INC 144,986,444.64 382,804,847.45 37.87%
1ST VALLEY BANK INC A DEVELOPMENT BANK 881,151,193.39 2,347,935,210.59 37.53%
PHIL NATIONAL BANK 54,783,326,384.07 148,024,151,835.24 37.01%
PAMPANGA DEVELOPMENT BANK 106,039,894.40 287,323,747.83 36.91%
MALLIG PLAINS RURAL BANK (ISABELA) INC 49,754,569.73 137,165,229.46 36.27%
RB OF GUINOBATAN INC 45,659,387.38 126,953,329.24 35.97%
LAGUNA PRESTIGE BANKING CORPORATION (A RURAL BANK) 86,669,639.69 241,396,604.12 35.90%
ZAMBALES RURAL BANK INC 63,924,974.62 183,272,346.34 34.88%
NORTH PACIFIC BANKING CORPORATION (A RB OF STA MARIA ISABELA 26,489,804.36 75,977,898.92 34.87%
FARMERS SAVINGS & LOAN BANK INC 54,315,546.78 157,993,941.17 34.38%
LIFE SAVINGS BANK INC 26,482,695.89 77,334,529.92 34.24%
EAST WEST RURAL BANK INC 1,460,919,094.23 4,270,165,191.74 34.21%
PHILIPPINE BUSINESS BANK INC A SAVINGS BANK 4,241,170,560.30 12,666,253,036.77 33.48%
PHIL TRUST COMPANY 8,703,049,105.03 26,160,520,621.05 33.27%
COOP BANK OF COTABATO 242,287,480.40 730,962,859.54 33.15%
NORTHPOINT DEV'T BANK INC 153,051,490.75 462,388,073.54 33.10%
CARD MRI RIZAL BANK INC A MICROFINANCE-ORIENTED RURAL BANK 255,680,643.73 792,044,348.38 32.28%
SECURED BANK INC (A RB) 43,931,417.65 136,953,488.47 32.08%
KATIPUNAN BANK INC "A RURAL BANK" 168,528,104.94 539,426,195.78 31.24%
CARD SME BANK INC A THRIFT BANK 424,640,836.46 1,369,383,364.89 31.01%
ALLBANK (A THRIFT BANK) INC 345,746,002.32 1,121,132,829.23 30.84%
RB OF ROSARIO (LA UNION) INC 20,424,700.25 66,468,894.45 30.73%
LAND BANK OF THE PHILIPPINES 41,820,993,546.36 137,293,250,914.24 30.46%
RB OF GATTARAN (CAGAYAN) INC 30,757,178.84 101,630,593.16 30.26%
FIRST ISABELA COOP BANK (FICOBANK) 301,547,512.23 1,001,445,571.49 30.11%
RB OF CAUAYAN INC 81,782,467.38 273,256,041.72 29.93%
BANGKO MONTANOSA INC (A RURAL BANK) 33,279,383.01 112,956,306.92 29.46%
RURAL BANK OF SAN ANTONIO INC 47,700,898.72 162,171,562.72 29.41%
RB OF ALABEL (SARANGANI) INC 31,750,809.95 108,989,992.13 29.13%
PACIFIC ACE SAVINGS BANK INC 25,556,413.69 87,842,329.94 29.09%
METROPOLITAN BANK & TCO 88,162,562,172.16 303,095,499,426.45 29.09%
RB OF STA ROSA DE LIMA (PANIQUI TARLAC) INC 50,091,126.21 172,414,663.42 29.05%
BANGKOK BANK PUBLIC CO LTD 1,499,459,313.55 5,207,404,775.59 28.79%
RB OF SOLANO (NUEVA VIZCAYA) INC 64,008,094.13 224,311,802.59 28.54%
CHINA BANKING CORP 23,930,886,484.54 84,740,648,960.08 28.24%
ROBINSONS BANK CORPORATION 4,798,554,803.62 17,227,437,188.35 27.85%
RB OF TANGUB CITY (MIS OCC) INC 34,344,389.44 123,729,793.64 27.76%
MANOR BANK - A RURAL BANK CORP 32,440,992.92 117,728,220.78 27.56%
IMUS RURAL BANK INC 59,791,956.13 220,287,697.57 27.14%
QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK A THRIFT BANK 178,931,905.38 686,604,395.40 26.06%
STA MARIA RURAL BANK INC 22,012,557.13 85,394,751.39 25.78%
RB OF BAY INC 17,521,621.63 69,159,136.06 25.34%
FIRST CONSOLIDATED BANK INC (A PDB) 1,343,113,518.90 5,367,348,658.88 25.02%
BAYBANK INC (A RURAL BANK) 21,499,063.71 86,889,927.71 24.74%
RB OF DIGOS INC 54,383,437.17 222,293,469.78 24.46%
RIZAL MICROBANK INC - A THRIFT BANK OF RCBC 147,595,409.93 629,146,504.68 23.46%
BDO UNIBANK INC 83,560,665,470.96 366,153,600,541.31 22.82%
CARD BANK INC (A MF RB) 729,227,633.89 3,252,076,977.12 22.42%
SECURITY BANK CORP 25,698,763,677.75 115,903,312,571.52 22.17%
QUEZON COCONUT BANK INC (A THRIFT BANK) 12,973,681.36 58,584,467.88 22.15%
CTBC BANK (PHILIPPINES) CORP 2,160,065,443.21 9,805,871,930.43 22.03%
HSBC SAVINGS BANK(PHILS) INC 387,620,264.95 1,772,761,755.08 21.87%
BDO PRIVATE BANK, INC. 1,133,674,539.49 5,448,864,274.61 20.81%
RB OF MONTALBAN INC 12,716,778.43 64,003,379.56 19.87%
GUAGUA SAVERS BANK(A RB) INC 16,535,126.88 83,875,463.42 19.71%
CENTURY RURAL BANK INC 16,235,648.81 82,357,798.01 19.71%
NATIONAL TEACHERS & EMP. COOP BANK 27,045,253.06 137,785,073.16 19.63%
CAVITE UNITED RURAL BANK CORP 84,847,214.59 432,697,822.89 19.61%
RB OF ANTIPOLO INC 22,681,848.96 117,011,072.45 19.38%
DEUTSCHE BANK AG 450,156,920.27 2,342,303,641.38 19.22%
ARDCIBANK INC A RURAL BANK 19,475,390.17 103,524,263.12 18.81%
RB OF STA IGNACIA INC 24,158,090.46 129,264,392.39 18.69%
RBT BANK INC A RURAL BANK 36,006,273.41 196,840,035.67 18.29%
RB OF POLA (ORIENTAL MINDORO) INC 60,012,276.06 331,755,098.59 18.09%
MIZUHO BANK LTD - MANILA BRANCH 1,592,887,202.79 9,159,963,681.69 17.39%
AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS 29,029,380.34 168,193,818.41 17.26%
BANK OF THE PHIL ISLANDS 42,401,795,893.82 263,473,709,191.40 16.09%
LIFEBANK- A RURAL BANK 46,035,698.42 288,734,066.75 15.94%
ING BANK N.V. 352,496,027.86 2,611,618,594.23 13.50%
CENTURY SAVINGS BANK CORPORATION 127,702,048.69 948,360,132.60 13.47%
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED 565,769,298.12 4,344,343,399.26 13.02%
RB OF BARILI (CEBU) INC 52,172,320.57 403,165,916.53 12.94%
RB OF RIZAL (ZAMBOANGA DEL NORTE) INC 21,651,228.49 169,409,195.71 12.78%
JP MORGAN CHASE BANK NATIONAL ASSN. 302,232,458.73 2,716,099,000.00 11.13%
METRO CEBU PUBLIC SAVINGS BANK 10,587,303.92 97,059,896.59 10.91%
INNOVATIVE BANK INC (A RURAL BANK) 38,546,505.54 361,341,097.28 10.67%
LEMERY SAVINGS & LOAN BANK, INC. 9,360,996.18 91,451,813.22 10.24%
RB OF GLORIA (OR MIN) INC 7,297,451.70 101,817,012.48 7.17%
CIMB BANK PHILIPPINES INC 198,759,667.19 3,187,832,865.73 6.23%
RB OF PANDI (BULACAN) INC 13,253,363.12 261,785,685.46 5.06%
ISLA BANK(A THRIFT BANK) INC 32,930,980.36 763,882,291.07 4.31%
MUFG BANK, LTD. 159,431,095.75 4,966,979,023.99 3.21%
KEB HANA BANK - MANILA BRANCH 76,032,432.94 3,739,037,886.21 2.03%
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED - MANILA BRA 46,905,703.49 3,989,198,820.00 1.18%
BANK OF AMERICA N.A. 24,162,447.69 2,110,669,180.10 1.14%
SHINHAN BANK - MANILA BRANCH 33,406,541.64 4,244,398,525.55 0.79%
HUA NAN COMMERCIAL BANK LTD MANILA BRANCH 12,317,034.31 2,114,000,970.08 0.58%
UNITED OVERSEAS BANK LIMITED MANILA BRANCH 12,908,025.31 2,386,367,048.26 0.54%
SUMITOMO MITSUI BANKING CORPORATION-MANILA BRANCH 62,647,573.48 13,027,021,989.27 0.48%
INDUSTRIAL BANK OF KOREA MANILA BRANCH 16,418,211.47 3,981,777,724.68 0.41%
FIRST COMMERCIAL BANK LTD MANILA BRANCH 8,153,583.53 2,035,467,519.75 0.40%
CATHAY UNITED BANK CO LTD - MANILA BRANCH 19,820,743.82 5,206,294,984.24 0.38%
CHANG HWA COMMERCIAL BANK LTD - MANILA BRANCH 7,015,338.76 2,161,364,890.91 0.32%
D' ASIAN HILLS BANK INC (A RURAL BANK) NA NA NA
GRAND-AGRI RURAL BANK NA NA NA
INSULAR SAVERS BANK INC (A RURAL BANK) NA NA NA
LUZON DEVELOPMENT BANK NA NA NA
MOUNT MAKILING RURAL BANK INC NA NA NA
RB OF ANGELES INC NA NA NA
RB OF MIAGAO (ILOILO) INC NA NA NA
RB OF PARACALE(CAMARINES NORTE) INC NA NA NA
RCBC SAVINGS BANK INC NA NA NA
TANAY RB INC NA NA NA
Grand Total 811,506,541,674.53 2,227,279,895,143.28 36.43%

  

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 June 30, 2019 and September 30, 2019 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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