This blog post updates previous blog posts such as Overseas Filipino Bank Ranks 1st in Non-Performing Loans as % of Stockholder's Equity as of March 31, 2018 .
NPLs. Short for Non-Performing Loans. The NPL Ratio or the ratio of a bank's Non-Performing Loans (NPL) to Total Loan Portfolio (TLP) is a frequently cited figure in the general media to indicate a bank's financial health or the health of the banking system as a whole. See: "Banks reduce exposure to bad debts, have more cash to loan out—BSP".
In the Philippine Banking Industry, Gross Non-Performing Loans stood at Php 151.87 billion as of June 30, 2018 - approximately 1.66% of the Philippine Banking Industry's Total Loan Portfolio of Php 9.13 trillion.
| Philippine Banking System | |||
| NPL as % of TLP | |||
| June 30, 2018 | |||
| Gross NPL/ Gross TLP | |||
| Bank | Gross NPLs | Gross TLP | (In %) |
| MALASIQUI PROGRESSIVE SLB, INC | 17,776,401.59 | 36,510,663.68 | 48.69% |
| LEGAZPI SAVINGS BANK INC | 329,578,715.05 | 1,180,571,177.67 | 27.92% |
| NORTHPOINT DEV'T BANK INC | 112,927,580.50 | 477,228,168.71 | 23.66% |
| ENTERPRISE BANK INC (A THRIFT BANK) | 397,531,630.21 | 1,688,539,063.65 | 23.54% |
| YUANTA SAVINGS BANK PHILIPPINES INC | 114,070,749.99 | 598,982,527.00 | 19.04% |
| MARITIME SAVINGS BANK CORPORATION | 21,895,317.81 | 125,380,810.11 | 17.46% |
| UNIVERSITY SAVINGS BANK INC | 86,921,859.14 | 533,081,694.74 | 16.31% |
| PAMPANGA DEVELOPMENT BANK | 56,036,372.72 | 379,227,332.60 | 14.78% |
| PACIFIC ACE SAVINGS BANK INC | 4,706,728.00 | 31,858,387.00 | 14.77% |
| HIYAS BANKING CORPORATION | 40,456,381.87 | 285,127,672.33 | 14.19% |
| UCPB SAVINGS BANK | 1,881,456,594.41 | 14,978,218,742.57 | 12.56% |
| PHILIPPINE RESOURCES SAVINGS BANKING | 1,179,751,558.32 | 9,653,299,888.09 | 12.22% |
| BATAAN DEVELOPMENT BANK | 25,467,010.45 | 215,445,265.89 | 11.82% |
| EQUICOM SAVINGS BANK INC | 639,559,441.16 | 5,681,588,373.47 | 11.26% |
| 1ST VALLEY BANK INC A DEVELOPMENT BANK | 672,608,541.12 | 6,160,867,217.81 | 10.92% |
| CORDILLERA SAVINGS BANK INC | 20,233,158.02 | 195,970,518.57 | 10.32% |
| PHILIPPINE VETERANS BANK | 2,244,899,440.80 | 22,858,159,707.00 | 9.82% |
| BUSINESS AND CONSUMERS BANK (A DB) | 14,966,364.02 | 168,309,345.14 | 8.89% |
| STANDARD CHARTERED BANK | 2,633,305,802.50 | 29,977,204,908.00 | 8.78% |
| BANK OF MAKATI (A SAVINGS BANK) INC | 2,271,355,751.00 | 26,048,908,350.25 | 8.72% |
| FIRST CONSOLIDATED BANK INC (A PDB) | 930,922,550.94 | 11,013,529,417.24 | 8.45% |
| BPI DIRECT BANKO INC A SAVINGS BANK | 814,235,200.14 | 9,983,023,775.74 | 8.16% |
| MALAYAN BANK SAVINGS AND MORT BANK INC | 369,652,752.94 | 4,750,745,864.79 | 7.78% |
| PENBANK INC (A PDB) (FORMERLY: PENINSULA | 127,664,962.18 | 1,715,076,134.55 | 7.44% |
| FARMERS SAVINGS & LOAN BANK INC | 16,432,486.76 | 227,641,794.99 | 7.22% |
| LIFE SAVINGS BANK INC | 2,830,739.19 | 40,289,825.98 | 7.03% |
| MERCHANTS SAVINGS & LOAN ASSN INC | 72,606,891.31 | 1,071,743,257.48 | 6.77% |
| CITYSTATE SAVINGS BANK INC | 136,247,026.40 | 2,079,928,926.70 | 6.55% |
| ALLBANK (A THRIFT BANK) INC | 134,216,215.54 | 2,100,725,766.01 | 6.39% |
| WEALTH DEVELOPMENT BANK CORPORATION | 405,053,553.43 | 6,829,947,914.69 | 5.93% |
| CHINA BANK SAVINGS INC | 3,781,873,875.79 | 67,740,955,280.01 | 5.58% |
| STERLING BANK OF ASIA INC (A SAVINGS | 1,567,148,692.24 | 29,584,241,999.78 | 5.30% |
| METRO CEBU PUBLIC SAVINGS BANK | 9,340,189.11 | 177,368,221.65 | 5.27% |
| BPI FAMILY SAVINGS BANK INC | 10,468,965,854.84 | 213,916,313,107.67 | 4.89% |
| RCBC SAVINGS BANK INC | 4,169,995,103.97 | 89,677,402,793.29 | 4.65% |
| PNB SAVINGS BANK | 2,300,104,540.68 | 50,091,559,835.03 | 4.59% |
| EAST WEST BANKING CORP | 8,947,748,783.20 | 202,262,693,199.00 | 4.42% |
| PHIL BANK OF COMMUNICATIONS | 2,377,981,312.50 | 54,045,140,735.00 | 4.40% |
| BANK ONE SAVINGS CORPORATION | 51,920,016.00 | 1,191,304,969.17 | 4.36% |
| UNITED COCONUT PLANTERS BANK | 5,637,030,450.60 | 159,822,136,760.00 | 3.53% |
| PHIL SAVINGS BANK | 5,541,695,108.80 | 157,589,155,464.10 | 3.52% |
| INTER-ASIA DEVELOPMENT BANK | 7,160,669.24 | 205,705,817.12 | 3.48% |
| PRODUCERS SAVINGS BANK CORPORATION | 384,458,590.47 | 11,107,481,692.59 | 3.46% |
| UNION BANK OF THE PHILS | 7,764,720,733.10 | 258,082,173,823.00 | 3.01% |
| BANK OF COMMERCE | 1,790,008,869.00 | 60,076,819,461.00 | 2.98% |
| DUMAGUETE CITY DEV BANK INC | 14,935,890.88 | 536,771,887.15 | 2.78% |
| MAYBANK PHILIPPINES INCORPORATED | 1,893,373,519.10 | 74,052,934,538.00 | 2.56% |
| LEMERY SAVINGS & LOAN BANK, INC. | 2,090,392.45 | 83,599,044.42 | 2.50% |
| CARD SME BANK INC A THRIFT BANK | 98,098,716.66 | 4,154,957,609.71 | 2.36% |
| PHILIPPINE BUSINESS BANK INC A SAVINGS | 1,854,076,328.08 | 78,938,986,274.62 | 2.35% |
| BANGKO KABAYAN INC (A PRIVATE DEVELOPMENT | 42,442,605.42 | 1,884,987,319.61 | 2.25% |
| ASIA UNITED BANK CORPORATION | 3,000,943,436.40 | 134,273,663,794.00 | 2.23% |
| DEVELOPMENT BANK OF THE PHIL | 6,833,844,003.90 | 307,471,229,530.00 | 2.22% |
| PHIL TRUST COMPANY | 1,119,876,214.30 | 54,742,981,298.00 | 2.05% |
| PHIL NATIONAL BANK | 8,855,596,734.50 | 469,160,139,168.00 | 1.89% |
| SUN SAVINGS BANK INC | 20,766,750.32 | 1,176,211,465.60 | 1.77% |
| CENTURY SAVINGS BANK CORPORATION | 10,875,949.65 | 652,051,077.18 | 1.67% |
| CTBC BANK (PHILIPPINES) CORP | 496,519,465.43 | 36,188,074,020.00 | 1.37% |
| LAND BANK OF THE PHILIPPINES | 9,702,134,275.60 | 758,685,067,090.00 | 1.28% |
| ROBINSONS BANK CORPORATION | 758,692,635.02 | 60,582,618,209.00 | 1.25% |
| RIZAL COMM'L BANKING CORP | 3,537,445,273.10 | 284,872,540,830.00 | 1.24% |
| HSBC SAVINGS BANK(PHILS) INC | 34,454,464.98 | 3,239,000,485.25 | 1.06% |
| BANK OF THE PHIL ISLANDS | 10,576,324,545.00 | 1,033,357,380,402.27 | 1.02% |
| BDO UNIBANK INC | 17,834,422,711.00 | 1,912,976,460,184.75 | 0.93% |
| AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS | 4,111,569.36 | 475,006,843.31 | 0.87% |
| CHINA BANKING CORP | 3,199,071,460.70 | 397,205,152,665.00 | 0.81% |
| HONGKONG & SHANGHAI BANKING CORP | 501,255,503.13 | 64,973,169,266.00 | 0.77% |
| METROPOLITAN BANK & TCO | 7,598,997,495.60 | 1,087,076,900,000.00 | 0.70% |
| SECURITY BANK CORP | 2,264,379,743.30 | 386,957,936,302.00 | 0.59% |
| QUEZON COCONUT BANK INC (A THRIFT BANK) | 409,148.47 | 70,774,999.75 | 0.58% |
| CITIBANK, N.A. | 982,359,482.14 | 193,543,320,404.00 | 0.51% |
| BANGKOK BANK PUBLIC CO LTD | 28,260,972.33 | 8,394,858,783.90 | 0.34% |
| QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK | 5,386,169.19 | 1,729,144,655.75 | 0.31% |
| KEB HANA BANK - MANILA BRANCH | 23,050,214.36 | 9,433,215,864.00 | 0.24% |
| ING BANK N.V. | 108.68 | 15,153,831,208.00 | 0.00% |
| AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED | 0.00 | 25,177,431,227.00 | 0.00% |
| BANK OF AMERICA N.A. | 0.00 | 11,792,660,148.00 | 0.00% |
| BANK OF CHINA LIMITED-MANILA BRANCH | 0.00 | 11,557,837,430.00 | 0.00% |
| BDO PRIVATE BANK, INC. | 0.00 | 6,786,073,618.10 | 0.00% |
| CATHAY UNITED BANK CO LTD - MANILA BRANCH | 0.00 | 2,194,789,121.30 | 0.00% |
| FIRST COMMERCIAL BANK LTD MANILA BRANCH | 0.00 | 1,312,860,000.00 | 0.00% |
| INDUSTRIAL BANK OF KOREA MANILA BRANCH | 0.00 | 2,507,360,144.00 | 0.00% |
| ISLA BANK(A THRIFT BANK) INC | 0.00 | 856,727,377.58 | 0.00% |
| JP MORGAN CHASE BANK NATIONAL ASSN. | 0.00 | 28,891,801,398.00 | 0.00% |
| MEGA INT'L COMM'L BANK CO LTD | 0.00 | 11,598,801,960.00 | 0.00% |
| MIZUHO BANK LTD - MANILA BRANCH | 0.00 | 60,726,858,318.00 | 0.00% |
| MUFG BANK, LTD. | 0.00 | 39,557,047,973.00 | 0.00% |
| PHIL STAR DEVELOPMENT BANK INC | 0.00 | 23,365,873.62 | 0.00% |
| SHINHAN BANK - MANILA BRANCH | 0.00 | 2,279,106,376.60 | 0.00% |
| SUMITOMO MITSUI BANKING CORPORATION-MANILA BRANCH | 0.00 | 22,314,769,544.00 | 0.00% |
| UNITED OVERSEAS BANK LIMITED MANILA BRANCH | 0.00 | 1,886,645,980.00 | 0.00% |
| HUA NAN COMMERCIAL BANK LTD MANILA BRANCH | 0.00 | 0.00 | NA |
| Grand Total | 151,869,716,346.10 | 9,128,164,687,359.33 | 1.66% |
There are two Philippine Banks with a Gross NPL Ratio greater than 25.00% of Total Loan Portfolio (TLP). These are as follows:
- Malasiqui Progressive SLB Inc (48.69% of TLP)
- Legazpi Savings Bank (27.92% of TLP)
The ratio of a
bank's NPLs to its total Stockholders Equity (SE) maybe more important
than the ratio of its NPLs to Total Loan Portfolio. The idea behind
this is that NPLs are fragile things. As a loan deteriorates, its
recoverable value will deteriorate as well. A foreclosure will most
likely result in a loan recovery that is a mere fraction of the loan's
original value. Therefore, banks with high NPL Ratios relative to their
Stockholders Equity may face a significant loss of capital if a
substantial amount of their NPLs are written off as a loss.
On an overall basis, the Gross NPLs of Philippine Banks amounted to 8.31% of Stockholders Equity as of June 30, 2018.
| Philippine Banking System | |||
| NPL as % of SE | |||
| June 30, 2018 | |||
| NPL | SE | NPL/SE | |
| Bank | (In PHP) | (In PHP) | (In %) |
| ENTERPRISE BANK INC (A THRIFT BANK) | 397,531,630.21 | 255,928,851.45 | 155.33% |
| EQUICOM SAVINGS BANK INC | 639,559,441.16 | 705,627,984.97 | 90.64% |
| PHILIPPINE VETERANS BANK | 2,244,899,440.80 | 2,786,113,008.00 | 80.57% |
| UCPB SAVINGS BANK | 1,881,456,594.41 | 2,634,213,019.40 | 71.42% |
| LEGAZPI SAVINGS BANK INC | 329,578,715.05 | 549,357,466.88 | 59.99% |
| STERLING BANK OF ASIA INC (A SAVINGS | 1,567,148,692.24 | 2,687,742,085.37 | 58.31% |
| PHILIPPINE RESOURCES SAVINGS BANKING | 1,179,751,558.32 | 2,584,678,848.90 | 45.64% |
| MARITIME SAVINGS BANK CORPORATION | 21,895,317.81 | 51,712,483.13 | 42.34% |
| STANDARD CHARTERED BANK | 2,633,305,802.50 | 6,648,780,037.10 | 39.61% |
| CHINA BANK SAVINGS INC | 3,781,873,875.79 | 9,605,233,020.00 | 39.37% |
| MALASIQUI PROGRESSIVE SLB, INC | 17,776,401.59 | 47,015,701.96 | 37.81% |
| 1ST VALLEY BANK INC A DEVELOPMENT BANK | 672,608,541.12 | 1,825,791,198.67 | 36.84% |
| BPI DIRECT BANKO INC A SAVINGS BANK | 814,235,200.14 | 2,241,511,112.81 | 36.33% |
| BPI FAMILY SAVINGS BANK INC | 10,468,965,854.84 | 29,151,476,551.93 | 35.91% |
| UNITED COCONUT PLANTERS BANK | 5,637,030,450.60 | 16,061,149,942.00 | 35.10% |
| RCBC SAVINGS BANK INC | 4,169,995,103.97 | 12,965,046,161.93 | 32.16% |
| NORTHPOINT DEV'T BANK INC | 112,927,580.50 | 352,164,899.53 | 32.07% |
| MALAYAN BANK SAVINGS AND MORT BANK INC | 369,652,752.94 | 1,215,712,099.40 | 30.41% |
| BATAAN DEVELOPMENT BANK | 25,467,010.45 | 87,495,176.93 | 29.11% |
| WEALTH DEVELOPMENT BANK CORPORATION | 405,053,553.43 | 1,466,070,380.61 | 27.63% |
| BANK OF MAKATI (A SAVINGS BANK) INC | 2,271,355,751.00 | 8,238,275,831.54 | 27.57% |
| PAMPANGA DEVELOPMENT BANK | 56,036,372.72 | 210,076,452.17 | 26.67% |
| PENBANK INC (A PDB) (FORMERLY: PENINSULA | 127,664,962.18 | 486,537,157.86 | 26.24% |
| PHIL SAVINGS BANK | 5,541,695,108.80 | 21,335,640,584.46 | 25.97% |
| HIYAS BANKING CORPORATION | 40,456,381.87 | 181,661,891.20 | 22.27% |
| EAST WEST BANKING CORP | 8,947,748,783.20 | 40,866,792,665.00 | 21.89% |
| PRODUCERS SAVINGS BANK CORPORATION | 384,458,590.47 | 1,807,520,461.46 | 21.27% |
| UNIVERSITY SAVINGS BANK INC | 86,921,859.14 | 413,440,905.05 | 21.02% |
| FIRST CONSOLIDATED BANK INC (A PDB) | 930,922,550.94 | 4,570,662,564.45 | 20.37% |
| CITYSTATE SAVINGS BANK INC | 136,247,026.40 | 689,166,525.37 | 19.77% |
| PHIL BANK OF COMMUNICATIONS | 2,377,981,312.50 | 12,176,574,918.00 | 19.53% |
| PNB SAVINGS BANK | 2,300,104,540.68 | 11,815,509,660.09 | 19.47% |
| PHILIPPINE BUSINESS BANK INC A SAVINGS | 1,854,076,328.08 | 10,483,404,670.03 | 17.69% |
| BUSINESS AND CONSUMERS BANK (A DB) | 14,966,364.02 | 89,288,568.22 | 16.76% |
| CORDILLERA SAVINGS BANK INC | 20,233,158.02 | 125,480,691.01 | 16.12% |
| MAYBANK PHILIPPINES INCORPORATED | 1,893,373,519.10 | 12,631,096,125.00 | 14.99% |
| DEVELOPMENT BANK OF THE PHIL | 6,833,844,003.90 | 48,566,251,889.00 | 14.07% |
| ALLBANK (A THRIFT BANK) INC | 134,216,215.54 | 1,023,982,884.40 | 13.11% |
| METRO CEBU PUBLIC SAVINGS BANK | 9,340,189.11 | 73,784,149.66 | 12.66% |
| MERCHANTS SAVINGS & LOAN ASSN INC | 72,606,891.31 | 575,687,456.31 | 12.61% |
| YUANTA SAVINGS BANK PHILIPPINES INC | 114,070,749.99 | 904,676,373.66 | 12.61% |
| FARMERS SAVINGS & LOAN BANK INC | 16,432,486.76 | 130,364,483.10 | 12.61% |
| BANK OF COMMERCE | 1,790,008,869.00 | 14,938,230,238.00 | 11.98% |
| ASIA UNITED BANK CORPORATION | 3,000,943,436.40 | 26,734,337,352.00 | 11.23% |
| UNION BANK OF THE PHILS | 7,764,720,733.10 | 72,244,542,805.00 | 10.75% |
| CARD SME BANK INC A THRIFT BANK | 98,098,716.66 | 1,068,715,715.70 | 9.18% |
| SUN SAVINGS BANK INC | 20,766,750.32 | 230,235,251.89 | 9.02% |
| INTER-ASIA DEVELOPMENT BANK | 7,160,669.24 | 80,488,067.51 | 8.90% |
| BANGKO KABAYAN INC (A PRIVATE DEVELOPMENT | 42,442,605.42 | 488,777,914.10 | 8.68% |
| BANK ONE SAVINGS CORPORATION | 51,920,016.00 | 607,047,008.69 | 8.55% |
| LAND BANK OF THE PHILIPPINES | 9,702,134,275.60 | 117,374,308,128.00 | 8.27% |
| PHIL NATIONAL BANK | 8,855,596,734.50 | 114,207,589,536.00 | 7.75% |
| CTBC BANK (PHILIPPINES) CORP | 496,519,465.43 | 7,054,202,387.70 | 7.04% |
| PACIFIC ACE SAVINGS BANK INC | 4,706,728.00 | 76,319,158.55 | 6.17% |
| ROBINSONS BANK CORPORATION | 758,692,635.02 | 12,451,018,444.00 | 6.09% |
| BDO UNIBANK INC | 17,834,422,711.00 | 302,727,692,901.00 | 5.89% |
| CITIBANK, N.A. | 982,359,482.14 | 16,972,865,147.00 | 5.79% |
| PHIL TRUST COMPANY | 1,119,876,214.30 | 20,094,247,461.00 | 5.57% |
| DUMAGUETE CITY DEV BANK INC | 14,935,890.88 | 276,068,221.03 | 5.41% |
| RIZAL COMM'L BANKING CORP | 3,537,445,273.10 | 67,855,734,755.00 | 5.21% |
| BANK OF THE PHIL ISLANDS | 10,576,324,545.00 | 236,510,566,778.00 | 4.47% |
| CHINA BANKING CORP | 3,199,071,460.70 | 77,361,534,085.00 | 4.14% |
| LIFE SAVINGS BANK INC | 2,830,739.19 | 70,212,720.47 | 4.03% |
| HONGKONG & SHANGHAI BANKING CORP | 501,255,503.13 | 13,704,308,950.00 | 3.66% |
| METROPOLITAN BANK & TCO | 7,598,997,495.60 | 271,288,474,885.00 | 2.80% |
| LEMERY SAVINGS & LOAN BANK, INC. | 2,090,392.45 | 87,226,998.60 | 2.40% |
| SECURITY BANK CORP | 2,264,379,743.30 | 105,358,324,351.00 | 2.15% |
| HSBC SAVINGS BANK(PHILS) INC | 34,454,464.98 | 1,651,920,450.79 | 2.09% |
| AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS | 4,111,569.36 | 207,304,386.94 | 1.98% |
| KEB HANA BANK - MANILA BRANCH | 23,050,214.36 | 1,593,068,223.20 | 1.45% |
| CENTURY SAVINGS BANK CORPORATION | 10,875,949.65 | 979,093,994.24 | 1.11% |
| BANGKOK BANK PUBLIC CO LTD | 28,260,972.33 | 3,191,367,607.00 | 0.89% |
| QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK | 5,386,169.19 | 678,186,107.53 | 0.79% |
| QUEZON COCONUT BANK INC (A THRIFT BANK) | 409,148.47 | 59,057,662.60 | 0.69% |
| ING BANK N.V. | 108.68 | 2,496,294,618.90 | 0.00% |
| AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED | 0.00 | 4,289,984,200.10 | 0.00% |
| BANK OF AMERICA N.A. | 0.00 | 2,186,648,013.80 | 0.00% |
| BANK OF CHINA LIMITED-MANILA BRANCH | 0.00 | 10,215,436,439.00 | 0.00% |
| BDO PRIVATE BANK, INC. | 0.00 | 5,055,695,493.00 | 0.00% |
| CATHAY UNITED BANK CO LTD - MANILA BRANCH | 0.00 | 5,191,602,246.40 | 0.00% |
| FIRST COMMERCIAL BANK LTD MANILA BRANCH | 0.00 | 2,004,340,503.30 | 0.00% |
| HUA NAN COMMERCIAL BANK LTD MANILA BRANCH | 0.00 | 2,091,760,749.60 | 0.00% |
| INDUSTRIAL BANK OF KOREA MANILA BRANCH | 0.00 | 2,262,097,237.40 | 0.00% |
| ISLA BANK(A THRIFT BANK) INC | 0.00 | 686,066,258.00 | 0.00% |
| JP MORGAN CHASE BANK NATIONAL ASSN. | 0.00 | 2,809,504,881.60 | 0.00% |
| MEGA INT'L COMM'L BANK CO LTD | 0.00 | 1,901,392,546.00 | 0.00% |
| MIZUHO BANK LTD - MANILA BRANCH | 0.00 | 5,488,489,623.70 | 0.00% |
| MUFG BANK, LTD. | 0.00 | 4,676,779,499.50 | 0.00% |
| PHIL STAR DEVELOPMENT BANK INC | 0.00 | 101,999,171.52 | 0.00% |
| SHINHAN BANK - MANILA BRANCH | 0.00 | 2,206,107,767.20 | 0.00% |
| SUMITOMO MITSUI BANKING CORPORATION-MANILA BRANCH | 0.00 | 13,004,369,812.00 | 0.00% |
| UNITED OVERSEAS BANK LIMITED MANILA BRANCH | 0.00 | 2,392,823,488.50 | 0.00% |
| Grand Total | 151,869,716,346.10 | 1,828,603,157,180.07 | 8.31% |
Of the 92 banks
in this list, eighteen banks have a Gross NPL to Stockholders
Equity Ratio of 30% or more as of June 30, 2018. These banks are as
follows:
- Enterprise Bank Inc (155.33% of SE)
- Equicom Savings Bank Inc (90.64% of SE)
- Philippine Veterans Bank (80.57% of SE)
- UCPB Savings Bank (71.42% of SE)
- Legazpi Savings Bank (59.99% of SE)
- Sterling Bank of Asia Inc (58.31% of SE)
- Philippine Resources Savings Banking Corporation (45.64% of SE)
- Maritime Savings Bank Corporation (42.34% of SE)
- Standard Chartered Bank (39.61% of SE)
- China Bank Savings Inc (39.37% of SE)
- Malasiqui Progressive SLB Inc (37.81% of SE)
- 1st Valley Bank Inc (36.84% of SE)
- BPI Direct Banko Inc (36.33% of SE)
- BPI Family Savings Bank Inc (35.91% of SE)
- United Coconut Planters Bank (35.10% of SE)
- RCBC Savings Bank Inc (32.16% of SE)
- Northpoint Development Bank Inc (32.07% of SE)
- Malayan Bank Savings and Mortgage Bank Inc (30.41% of SE)
No comments:
Post a Comment