Despite NPLs being at or near historic lows, some banks still have not adequately provisioned for loan losses. Their NPL Coverage Ratios are below the ideal ratio of 100% and even below the suggested minimum of 80% NPL Coverage Ratio.
As the table below suggests, it seems that around 30 banks (highlighted in yellow, failed banks in red) fall into this deficiency.
| Philippine Banking System | |||||
| NPL Coverage Ratio | |||||
| June 30, 2018 | |||||
| Bank | Loan Loss Provisions | Gross NPLs | NPL Coverage Ratio | ||
| ALLBANK (A THRIFT BANK) INC | 33,943,161.99 | 134,216,215.54 | 25.29% | ||
| UCPB SAVINGS BANK | 536,011,384.46 | 1,881,456,594.41 | 28.49% | ||
| MARITIME SAVINGS BANK CORPORATION | 6,948,645.24 | 21,895,317.81 | 31.74% | ||
| PHILIPPINE RESOURCES SAVINGS BANKING | 384,104,649.18 | 1,179,751,558.32 | 32.56% | ||
| PNB SAVINGS BANK | 757,713,070.25 | 2,300,104,540.68 | 32.94% | ||
| ENTERPRISE BANK INC (A THRIFT BANK) | 148,926,171.26 | 397,531,630.21 | 37.46% | ||
| WEALTH DEVELOPMENT BANK CORPORATION | 155,823,456.99 | 405,053,553.43 | 38.47% | ||
| EQUICOM SAVINGS BANK INC | 248,392,363.03 | 639,559,441.16 | 38.84% | ||
| MALASIQUI PROGRESSIVE SLB, INC | 6,951,706.48 | 17,776,401.59 | 39.11% | ||
| PACIFIC ACE SAVINGS BANK INC | 1,949,435.10 | 4,706,728.00 | 41.42% | ||
| 1ST VALLEY BANK INC A DEVELOPMENT BANK | 283,317,794.20 | 672,608,541.12 | 42.12% | ||
| STERLING BANK OF ASIA INC (A SAVINGS | 713,245,697.54 | 1,567,148,692.24 | 45.51% | ||
| CHINA BANK SAVINGS INC | 1,905,541,832.88 | 3,781,873,875.79 | 50.39% | ||
| UNIVERSITY SAVINGS BANK INC | 44,555,430.47 | 86,921,859.14 | 51.26% | ||
| PRODUCERS SAVINGS BANK CORPORATION | 208,502,774.27 | 384,458,590.47 | 54.23% | ||
| RCBC SAVINGS BANK INC | 2,266,957,467.57 | 4,169,995,103.97 | 54.36% | ||
| CITYSTATE SAVINGS BANK INC | 77,047,455.98 | 136,247,026.40 | 56.55% | ||
| PAMPANGA DEVELOPMENT BANK | 33,789,534.28 | 56,036,372.72 | 60.30% | ||
| AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS | 2,733,679.43 | 4,111,569.36 | 66.49% | ||
| BUSINESS AND CONSUMERS BANK (A DB) | 10,017,575.29 | 14,966,364.02 | 66.93% | ||
| BANGKO KABAYAN INC (A PRIVATE DEVELOPMENT | 28,689,168.15 | 42,442,605.42 | 67.60% | ||
| UNITED COCONUT PLANTERS BANK | 3,861,794,657.80 | 5,637,030,450.60 | 68.51% | ||
| BPI FAMILY SAVINGS BANK INC | 7,176,599,160.70 | 10,468,965,854.84 | 68.55% | ||
| EAST WEST BANKING CORP | 6,163,885,463.22 | 8,947,748,783.20 | 68.89% | ||
| FIRST CONSOLIDATED BANK INC (A PDB) | 654,503,708.14 | 930,922,550.94 | 70.31% | ||
| HIYAS BANKING CORPORATION | 28,859,545.81 | 40,456,381.87 | 71.33% | ||
| CORDILLERA SAVINGS BANK INC | 15,115,504.60 | 20,233,158.02 | 74.71% | ||
| UNION BANK OF THE PHILS | 5,886,754,006.60 | 7,764,720,733.10 | 75.81% | ||
| STANDARD CHARTERED BANK | 2,060,854,781.77 | 2,633,305,802.50 | 78.26% | ||
| PHIL SAVINGS BANK | 4,393,946,529.27 | 5,541,695,108.80 | 79.29% | ||
| LEGAZPI SAVINGS BANK INC | 267,915,422.76 | 329,578,715.05 | 81.29% | ||
| PHILIPPINE BUSINESS BANK INC A SAVINGS | 1,564,463,062.38 | 1,854,076,328.08 | 84.38% | ||
| BATAAN DEVELOPMENT BANK | 21,551,136.32 | 25,467,010.45 | 84.62% | ||
| BANK ONE SAVINGS CORPORATION | 44,360,200.39 | 51,920,016.00 | 85.44% | ||
| BANK OF MAKATI (A SAVINGS BANK) INC | 2,014,409,463.94 | 2,271,355,751.00 | 88.69% | ||
| ASIA UNITED BANK CORPORATION | 2,707,980,036.40 | 3,000,943,436.40 | 90.24% | ||
| SUN SAVINGS BANK INC | 19,004,436.35 | 20,766,750.32 | 91.51% | ||
| YUANTA SAVINGS BANK PHILIPPINES INC | 105,932,765.93 | 114,070,749.99 | 92.87% | ||
| PHIL BANK OF COMMUNICATIONS | 2,230,711,405.42 | 2,377,981,312.50 | 93.81% | ||
| INTER-ASIA DEVELOPMENT BANK | 6,847,736.00 | 7,160,669.24 | 95.63% | ||
| PENBANK INC (A PDB) (FORMERLY: PENINSULA | 122,667,240.05 | 127,664,962.18 | 96.09% | ||
| BPI DIRECT BANKO INC A SAVINGS BANK | 787,492,845.37 | 814,235,200.14 | 96.72% | ||
| RIZAL COMM'L BANKING CORP | 3,433,264,411.45 | 3,537,445,273.10 | 97.05% | ||
| MALAYAN BANK SAVINGS AND MORT BANK INC | 361,423,970.33 | 369,652,752.94 | 97.77% | ||
| NORTHPOINT DEV'T BANK INC | 118,459,622.13 | 112,927,580.50 | 104.90% | ||
| DEVELOPMENT BANK OF THE PHIL | 7,345,351,988.80 | 6,833,844,003.90 | 107.48% | ||
| PHILIPPINE VETERANS BANK | 2,462,760,755.53 | 2,244,899,440.80 | 109.70% | ||
| MAYBANK PHILIPPINES INCORPORATED | 2,088,668,695.90 | 1,893,373,519.10 | 110.31% | ||
| MERCHANTS SAVINGS & LOAN ASSN INC | 80,188,059.67 | 72,606,891.31 | 110.44% | ||
| LEMERY SAVINGS & LOAN BANK, INC. | 2,374,586.45 | 2,090,392.45 | 113.60% | ||
| ROBINSONS BANK CORPORATION | 872,785,890.55 | 758,692,635.02 | 115.04% | ||
| BANK OF COMMERCE | 2,276,436,875.69 | 1,790,008,869.00 | 127.17% | ||
| DUMAGUETE CITY DEV BANK INC | 19,299,237.59 | 14,935,890.88 | 129.21% | ||
| PHIL NATIONAL BANK | 12,466,978,484.90 | 8,855,596,734.50 | 140.78% | ||
| LAND BANK OF THE PHILIPPINES | 13,933,110,440.10 | 9,702,134,275.60 | 143.61% | ||
| CTBC BANK (PHILIPPINES) CORP | 761,964,752.87 | 496,519,465.43 | 153.46% | ||
| FARMERS SAVINGS & LOAN BANK INC | 26,635,401.48 | 16,432,486.76 | 162.09% | ||
| BANK OF THE PHIL ISLANDS | 17,231,821,061.20 | 10,576,324,545.00 | 162.93% | ||
| CARD SME BANK INC A THRIFT BANK | 160,862,682.64 | 98,098,716.66 | 163.98% | ||
| CHINA BANKING CORP | 5,546,148,140.10 | 3,199,071,460.70 | 173.37% | ||
| CENTURY SAVINGS BANK CORPORATION | 19,537,665.62 | 10,875,949.65 | 179.64% | ||
| BDO UNIBANK INC | 32,288,167,672.00 | 17,834,422,711.00 | 181.04% | ||
| LIFE SAVINGS BANK INC | 5,424,695.67 | 2,830,739.19 | 191.64% | ||
| METRO CEBU PUBLIC SAVINGS BANK | 18,669,869.21 | 9,340,189.11 | 199.89% | ||
| METROPOLITAN BANK & TCO | 17,584,868,216.20 | 7,598,997,495.60 | 231.41% | ||
| SECURITY BANK CORP | 6,170,190,831.40 | 2,264,379,743.30 | 272.49% | ||
| PHIL TRUST COMPANY | 3,241,974,941.72 | 1,119,876,214.30 | 289.49% | ||
| HSBC SAVINGS BANK(PHILS) INC | 110,492,201.78 | 34,454,464.98 | 320.69% | ||
| HONGKONG & SHANGHAI BANKING CORP | 1,752,444,541.53 | 501,255,503.13 | 349.61% | ||
| QUEZON COCONUT BANK INC (A THRIFT BANK) | 1,433,319.51 | 409,148.47 | 350.32% | ||
| KEB HANA BANK - MANILA BRANCH | 86,823,705.95 | 23,050,214.36 | 376.67% | ||
| CITIBANK, N.A. | 3,965,629,763.80 | 982,359,482.14 | 403.68% | ||
| QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK | 23,456,387.15 | 5,386,169.19 | 435.49% | ||
| BANGKOK BANK PUBLIC CO LTD | 431,981,327.30 | 28,260,972.33 | 1528.54% | ||
| ING BANK N.V. | 109,725,921.33 | 108.68 | 100962386.21% | ||
| AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED | 92,198,639.03 | 0.00 | NA | ||
| BANK OF AMERICA N.A. | 10,539,078.03 | 0.00 | NA | ||
| BANK OF CHINA LIMITED-MANILA BRANCH | 213,607,441.58 | 0.00 | NA | ||
| BDO PRIVATE BANK, INC. | 9,027,427.33 | 0.00 | NA | ||
| CATHAY UNITED BANK CO LTD - MANILA BRANCH | 40,955,384.07 | 0.00 | NA | ||
| FIRST COMMERCIAL BANK LTD MANILA BRANCH | 7,558,600.00 | 0.00 | NA | ||
| HUA NAN COMMERCIAL BANK LTD MANILA BRANCH | 0.00 | 0.00 | NA | ||
| INDUSTRIAL BANK OF KOREA MANILA BRANCH | 24,462,732.17 | 0.00 | NA | ||
| ISLA BANK(A THRIFT BANK) INC | 4,290,580.33 | 0.00 | NA | ||
| JP MORGAN CHASE BANK NATIONAL ASSN. | 16,000,000.00 | 0.00 | NA | ||
| MEGA INT'L COMM'L BANK CO LTD | 141,821,431.83 | 0.00 | NA | ||
| MIZUHO BANK LTD - MANILA BRANCH | 519,990,226.78 | 0.00 | NA | ||
| MUFG BANK, LTD. | 388,210,030.46 | 0.00 | NA | ||
| PHIL STAR DEVELOPMENT BANK INC | 312,222.47 | 0.00 | NA | ||
| SHINHAN BANK - MANILA BRANCH | 22,491,063.77 | 0.00 | NA | ||
| SUMITOMO MITSUI BANKING CORPORATION-MANILA BRANCH | 175,897,695.44 | 0.00 | NA | ||
| UNITED OVERSEAS BANK LIMITED MANILA BRANCH | 16,444,498.47 | 0.00 | NA | ||
| Grand Total | 184,673,974,732.57 | 151,869,716,346.10 | 121.60% | ||
Raising the NPL Coverage Ratio to a minimum of 80% will entail additional loan loss provisions for some banks that could eat into a substantial chunk (20% or more) of their Stockholder's Equity. Based on the table below, four banks will be severely affected:
| Philippine Banking System | ||||||||
| Impact on SE of Minimum Loan Loss Provisions | ||||||||
| June 30, 2018 | ||||||||
| Bank | Gross NPLs | Minimum Loan Loss Provisions at 80% NPL Coverage Ratio | Stockholder's Equity | Impact on SE | ||||
| ENTERPRISE BANK INC (A THRIFT BANK) | 397,531,630.21 | 318,025,304.17 | 255,928,851.45 | -66.07% | ||||
| EQUICOM SAVINGS BANK INC | 639,559,441.16 | 511,647,552.93 | 705,627,984.97 | -37.31% | ||||
| UCPB SAVINGS BANK | 1,881,456,594.41 | 1,505,165,275.53 | 2,634,213,019.40 | -36.79% | ||||
| PHILIPPINE RESOURCES SAVINGS BANKING | 1,179,751,558.32 | 943,801,246.66 | 2,584,678,848.90 | -21.65% | ||||
| MARITIME SAVINGS BANK CORPORATION | 21,895,317.81 | 17,516,254.25 | 51,712,483.13 | -20.44% | ||||
| STERLING BANK OF ASIA INC (A SAVINGS | 1,567,148,692.24 | 1,253,718,953.79 | 2,687,742,085.37 | -20.11% | ||||
| MALASIQUI PROGRESSIVE SLB, INC | 17,776,401.59 | 14,221,121.27 | 47,015,701.96 | -15.46% | ||||
| 1ST VALLEY BANK INC A DEVELOPMENT BANK | 672,608,541.12 | 538,086,832.90 | 1,825,791,198.67 | -13.95% | ||||
| CHINA BANK SAVINGS INC | 3,781,873,875.79 | 3,025,499,100.63 | 9,605,233,020.00 | -11.66% | ||||
| WEALTH DEVELOPMENT BANK CORPORATION | 405,053,553.43 | 324,042,842.74 | 1,466,070,380.61 | -11.47% | ||||
| PNB SAVINGS BANK | 2,300,104,540.68 | 1,840,083,632.54 | 11,815,509,660.09 | -9.16% | ||||
| RCBC SAVINGS BANK INC | 4,169,995,103.97 | 3,335,996,083.18 | 12,965,046,161.93 | -8.25% | ||||
| ALLBANK (A THRIFT BANK) INC | 134,216,215.54 | 107,372,972.43 | 1,023,982,884.40 | -7.17% | ||||
| UNIVERSITY SAVINGS BANK INC | 86,921,859.14 | 69,537,487.31 | 413,440,905.05 | -6.04% | ||||
| PRODUCERS SAVINGS BANK CORPORATION | 384,458,590.47 | 307,566,872.38 | 1,807,520,461.46 | -5.48% | ||||
| PAMPANGA DEVELOPMENT BANK | 56,036,372.72 | 44,829,098.18 | 210,076,452.17 | -5.26% | ||||
| CITYSTATE SAVINGS BANK INC | 136,247,026.40 | 108,997,621.12 | 689,166,525.37 | -4.64% | ||||
| BPI FAMILY SAVINGS BANK INC | 10,468,965,854.84 | 8,375,172,683.87 | 29,151,476,551.93 | -4.11% | ||||
| UNITED COCONUT PLANTERS BANK | 5,637,030,450.60 | 4,509,624,360.48 | 16,061,149,942.00 | -4.03% | ||||
| EAST WEST BANKING CORP | 8,947,748,783.20 | 7,158,199,026.56 | 40,866,792,665.00 | -2.43% | ||||
| PACIFIC ACE SAVINGS BANK INC | 4,706,728.00 | 3,765,382.40 | 76,319,158.55 | -2.38% | ||||
| BUSINESS AND CONSUMERS BANK (A DB) | 14,966,364.02 | 11,973,091.22 | 89,288,568.22 | -2.19% | ||||
| FIRST CONSOLIDATED BANK INC (A PDB) | 930,922,550.94 | 744,738,040.75 | 4,570,662,564.45 | -1.97% | ||||
| HIYAS BANKING CORPORATION | 40,456,381.87 | 32,365,105.50 | 181,661,891.20 | -1.93% | ||||
| BANGKO KABAYAN INC (A PRIVATE DEVELOPMENT | 42,442,605.42 | 33,954,084.34 | 488,777,914.10 | -1.08% | ||||
| CORDILLERA SAVINGS BANK INC | 20,233,158.02 | 16,186,526.42 | 125,480,691.01 | -0.85% | ||||
| STANDARD CHARTERED BANK | 2,633,305,802.50 | 2,106,644,642.00 | 6,648,780,037.10 | -0.69% | ||||
| UNION BANK OF THE PHILS | 7,764,720,733.10 | 6,211,776,586.48 | 72,244,542,805.00 | -0.45% | ||||
| AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS | 4,111,569.36 | 3,289,255.49 | 207,304,386.94 | -0.27% | ||||
| PHIL SAVINGS BANK | 5,541,695,108.80 | 4,433,356,087.04 | 21,335,640,584.46 | -0.18% | ||||
| HUA NAN COMMERCIAL BANK LTD MANILA BRANCH | 0.00 | 0.00 | 2,091,760,749.60 | 0.00% | ||||
| BDO PRIVATE BANK, INC. | 0.00 | 0.00 | 5,055,695,493.00 | 0.18% | ||||
| PHIL STAR DEVELOPMENT BANK INC | 0.00 | 0.00 | 101,999,171.52 | 0.31% | ||||
| FIRST COMMERCIAL BANK LTD MANILA BRANCH | 0.00 | 0.00 | 2,004,340,503.30 | 0.38% | ||||
| BANK ONE SAVINGS CORPORATION | 51,920,016.00 | 41,536,012.80 | 607,047,008.69 | 0.47% | ||||
| BANK OF AMERICA N.A. | 0.00 | 0.00 | 2,186,648,013.80 | 0.48% | ||||
| JP MORGAN CHASE BANK NATIONAL ASSN. | 0.00 | 0.00 | 2,809,504,881.60 | 0.57% | ||||
| ISLA BANK(A THRIFT BANK) INC | 0.00 | 0.00 | 686,066,258.00 | 0.63% | ||||
| UNITED OVERSEAS BANK LIMITED MANILA BRANCH | 0.00 | 0.00 | 2,392,823,488.50 | 0.69% | ||||
| LEGAZPI SAVINGS BANK INC | 329,578,715.05 | 263,662,972.04 | 549,357,466.88 | 0.77% | ||||
| PHILIPPINE BUSINESS BANK INC A SAVINGS | 1,854,076,328.08 | 1,483,261,062.46 | 10,483,404,670.03 | 0.77% | ||||
| CATHAY UNITED BANK CO LTD - MANILA BRANCH | 0.00 | 0.00 | 5,191,602,246.40 | 0.79% | ||||
| LEMERY SAVINGS & LOAN BANK, INC. | 2,090,392.45 | 1,672,313.96 | 87,226,998.60 | 0.81% | ||||
| RIZAL COMM'L BANKING CORP | 3,537,445,273.10 | 2,829,956,218.48 | 67,855,734,755.00 | 0.89% | ||||
| SHINHAN BANK - MANILA BRANCH | 0.00 | 0.00 | 2,206,107,767.20 | 1.02% | ||||
| SUN SAVINGS BANK INC | 20,766,750.32 | 16,613,400.26 | 230,235,251.89 | 1.04% | ||||
| INDUSTRIAL BANK OF KOREA MANILA BRANCH | 0.00 | 0.00 | 2,262,097,237.40 | 1.08% | ||||
| CENTURY SAVINGS BANK CORPORATION | 10,875,949.65 | 8,700,759.72 | 979,093,994.24 | 1.11% | ||||
| ASIA UNITED BANK CORPORATION | 3,000,943,436.40 | 2,400,754,749.12 | 26,734,337,352.00 | 1.15% | ||||
| BATAAN DEVELOPMENT BANK | 25,467,010.45 | 20,373,608.36 | 87,495,176.93 | 1.35% | ||||
| SUMITOMO MITSUI BANKING CORPORATION-MANILA BRANCH | 0.00 | 0.00 | 13,004,369,812.00 | 1.35% | ||||
| INTER-ASIA DEVELOPMENT BANK | 7,160,669.24 | 5,728,535.39 | 80,488,067.51 | 1.39% | ||||
| YUANTA SAVINGS BANK PHILIPPINES INC | 114,070,749.99 | 91,256,599.99 | 904,676,373.66 | 1.62% | ||||
| QUEZON COCONUT BANK INC (A THRIFT BANK) | 409,148.47 | 327,318.78 | 59,057,662.60 | 1.87% | ||||
| BANK OF CHINA LIMITED-MANILA BRANCH | 0.00 | 0.00 | 10,215,436,439.00 | 2.09% | ||||
| ROBINSONS BANK CORPORATION | 758,692,635.02 | 606,954,108.02 | 12,451,018,444.00 | 2.14% | ||||
| AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED | 0.00 | 0.00 | 4,289,984,200.10 | 2.15% | ||||
| BANK OF MAKATI (A SAVINGS BANK) INC | 2,271,355,751.00 | 1,817,084,600.80 | 8,238,275,831.54 | 2.40% | ||||
| DUMAGUETE CITY DEV BANK INC | 14,935,890.88 | 11,948,712.70 | 276,068,221.03 | 2.66% | ||||
| PHIL BANK OF COMMUNICATIONS | 2,377,981,312.50 | 1,902,385,050.00 | 12,176,574,918.00 | 2.70% | ||||
| QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK | 5,386,169.19 | 4,308,935.35 | 678,186,107.53 | 2.82% | ||||
| BANK OF THE PHIL ISLANDS | 10,576,324,545.00 | 8,461,059,636.00 | 236,510,566,778.00 | 3.71% | ||||
| MERCHANTS SAVINGS & LOAN ASSN INC | 72,606,891.31 | 58,085,513.05 | 575,687,456.31 | 3.84% | ||||
| CHINA BANKING CORP | 3,199,071,460.70 | 2,559,257,168.56 | 77,361,534,085.00 | 3.86% | ||||
| DEVELOPMENT BANK OF THE PHIL | 6,833,844,003.90 | 5,467,075,203.12 | 48,566,251,889.00 | 3.87% | ||||
| SECURITY BANK CORP | 2,264,379,743.30 | 1,811,503,794.64 | 105,358,324,351.00 | 4.14% | ||||
| PENBANK INC (A PDB) (FORMERLY: PENINSULA | 127,664,962.18 | 102,131,969.74 | 486,537,157.86 | 4.22% | ||||
| METROPOLITAN BANK & TCO | 7,598,997,495.60 | 6,079,197,996.48 | 271,288,474,885.00 | 4.24% | ||||
| KEB HANA BANK - MANILA BRANCH | 23,050,214.36 | 18,440,171.49 | 1,593,068,223.20 | 4.29% | ||||
| ING BANK N.V. | 108.68 | 86.94 | 2,496,294,618.90 | 4.40% | ||||
| LIFE SAVINGS BANK INC | 2,830,739.19 | 2,264,591.35 | 70,212,720.47 | 4.50% | ||||
| MAYBANK PHILIPPINES INCORPORATED | 1,893,373,519.10 | 1,514,698,815.28 | 12,631,096,125.00 | 4.54% | ||||
| PHIL NATIONAL BANK | 8,855,596,734.50 | 7,084,477,387.60 | 114,207,589,536.00 | 4.71% | ||||
| HSBC SAVINGS BANK(PHILS) INC | 34,454,464.98 | 27,563,571.98 | 1,651,920,450.79 | 5.02% | ||||
| CTBC BANK (PHILIPPINES) CORP | 496,519,465.43 | 397,215,572.34 | 7,054,202,387.70 | 5.17% | ||||
| LAND BANK OF THE PHILIPPINES | 9,702,134,275.60 | 7,761,707,420.48 | 117,374,308,128.00 | 5.26% | ||||
| MALAYAN BANK SAVINGS AND MORT BANK INC | 369,652,752.94 | 295,722,202.35 | 1,215,712,099.40 | 5.40% | ||||
| BANK OF COMMERCE | 1,790,008,869.00 | 1,432,007,095.20 | 14,938,230,238.00 | 5.65% | ||||
| BDO UNIBANK INC | 17,834,422,711.00 | 14,267,538,168.80 | 302,727,692,901.00 | 5.95% | ||||
| BPI DIRECT BANKO INC A SAVINGS BANK | 814,235,200.14 | 651,388,160.11 | 2,241,511,112.81 | 6.07% | ||||
| MEGA INT'L COMM'L BANK CO LTD | 0.00 | 0.00 | 1,901,392,546.00 | 7.46% | ||||
| CARD SME BANK INC A THRIFT BANK | 98,098,716.66 | 78,478,973.33 | 1,068,715,715.70 | 7.71% | ||||
| NORTHPOINT DEV'T BANK INC | 112,927,580.50 | 90,342,064.40 | 352,164,899.53 | 7.98% | ||||
| MUFG BANK, LTD. | 0.00 | 0.00 | 4,676,779,499.50 | 8.30% | ||||
| MIZUHO BANK LTD - MANILA BRANCH | 0.00 | 0.00 | 5,488,489,623.70 | 9.47% | ||||
| HONGKONG & SHANGHAI BANKING CORP | 501,255,503.13 | 401,004,402.50 | 13,704,308,950.00 | 9.86% | ||||
| FARMERS SAVINGS & LOAN BANK INC | 16,432,486.76 | 13,145,989.41 | 130,364,483.10 | 10.35% | ||||
| PHIL TRUST COMPANY | 1,119,876,214.30 | 895,900,971.44 | 20,094,247,461.00 | 11.68% | ||||
| BANGKOK BANK PUBLIC CO LTD | 28,260,972.33 | 22,608,777.86 | 3,191,367,607.00 | 12.83% | ||||
| METRO CEBU PUBLIC SAVINGS BANK | 9,340,189.11 | 7,472,151.29 | 73,784,149.66 | 15.18% | ||||
| CITIBANK, N.A. | 982,359,482.14 | 785,887,585.71 | 16,972,865,147.00 | 18.73% | ||||
| PHILIPPINE VETERANS BANK | 2,244,899,440.80 | 1,795,919,552.64 | 2,786,113,008.00 | 23.93% | ||||
| Grand Total | 151,869,716,346.10 | 121,495,773,076.88 | 1,828,603,157,180.07 | 3.45% | ||||
Source: www.bsp.gov.ph
Out of the five banks highlighted in yellow, three banks have been regularly listed as one of the "The Top Distressed Philippine Banks as of June 30, 2018".
The most
notable of the banks in this list is Enterprise Bank. The bank faces a shortfall of 66.07% of its
stated
stockholder's equity of Php 255.93 million if it were to increase its
loan loss provisions to meet a minimum NPL Coverage Ratio of 80%. In
short, most of its equity would be wiped out if the
bank were to properly account for its losses.
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