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 34 banks (highlighted in yellow, failed banks in red) fall into this deficiency.
| Philippine Banking System | |||||
| NPL Coverage Ratio | |||||
| September 30, 2018 | |||||
| Bank | Loan Loss Provisions | Gross NPLs | NPL Coverage Ratio | ||
| OVERSEAS FILIPINO BANK INC A SAVINGS BANK OF LANDBANK | 429,050,672.43 | 2,200,789,892.72 | 19.50% | ||
| ALLBANK (A THRIFT BANK) INC | 33,943,161.99 | 127,269,730.63 | 26.67% | ||
| PHILIPPINE RESOURCES SAVINGS BANKING | 384,104,649.18 | 1,335,254,894.57 | 28.77% | ||
| LEMERY SAVINGS & LOAN BANK, INC. | 2,245,080.45 | 7,744,052.82 | 28.99% | ||
| UCPB SAVINGS BANK | 567,011,384.46 | 1,935,843,102.92 | 29.29% | ||
| MARITIME SAVINGS BANK CORPORATION | 6,948,645.24 | 22,871,486.95 | 30.38% | ||
| PNB SAVINGS BANK | 805,324,872.37 | 2,432,403,665.94 | 33.11% | ||
| WEALTH DEVELOPMENT BANK CORPORATION | 155,828,456.99 | 430,079,540.50 | 36.23% | ||
| PACIFIC ACE SAVINGS BANK INC | 2,123,336.17 | 5,715,436.00 | 37.15% | ||
| EQUICOM SAVINGS BANK INC | 261,892,363.03 | 680,239,107.69 | 38.50% | ||
| ENTERPRISE BANK INC (A THRIFT BANK) | 148,926,171.26 | 356,405,207.95 | 41.79% | ||
| STERLING BANK OF ASIA INC (A SAVINGS | 712,777,155.31 | 1,540,579,044.23 | 46.27% | ||
| QUEZON COCONUT BANK INC (A THRIFT BANK) | 1,303,520.97 | 2,750,058.15 | 47.40% | ||
| 1ST VALLEY BANK INC A DEVELOPMENT BANK | 322,298,761.39 | 655,178,883.27 | 49.19% | ||
| BATAAN DEVELOPMENT BANK | 21,905,463.47 | 43,838,647.03 | 49.97% | ||
| UNIVERSITY SAVINGS BANK INC | 44,855,430.47 | 88,980,921.54 | 50.41% | ||
| CITY SAVINGS BANK INC | 1,278,143,141.45 | 2,349,989,074.91 | 54.39% | ||
| RCBC SAVINGS BANK INC | 2,384,442,457.66 | 4,323,774,066.58 | 55.15% | ||
| CHINA BANK SAVINGS INC | 1,974,885,653.33 | 3,441,198,508.56 | 57.39% | ||
| BPI FAMILY SAVINGS BANK INC | 6,208,962,899.55 | 10,552,134,142.00 | 58.84% | ||
| PRODUCERS SAVINGS BANK CORPORATION | 178,366,079.27 | 301,475,746.19 | 59.16% | ||
| PAMPANGA DEVELOPMENT BANK | 35,695,784.79 | 56,591,647.47 | 63.08% | ||
| BUSINESS AND CONSUMERS BANK (A DB) | 9,807,832.52 | 15,247,805.02 | 64.32% | ||
| EAST WEST BANKING CORP | 6,664,874,408.99 | 9,928,665,998.30 | 67.13% | ||
| BANGKO KABAYAN INC (A PRIVATE DEVELOPMENT | 24,867,661.97 | 36,485,231.94 | 68.16% | ||
| FIRST CONSOLIDATED BANK INC (A PDB) | 664,965,033.94 | 972,574,900.13 | 68.37% | ||
| UNITED COCONUT PLANTERS BANK | 4,029,910,303.35 | 5,788,951,065.80 | 69.61% | ||
| BANK OF MAKATI (A SAVINGS BANK) INC | 1,598,324,910.06 | 2,236,149,315.57 | 71.48% | ||
| UNION BANK OF THE PHILS | 6,040,061,826.69 | 8,362,824,273.02 | 72.23% | ||
| PHIL SAVINGS BANK | 4,613,120,050.09 | 6,079,237,828.83 | 75.88% | ||
| HIYAS BANKING CORPORATION | 28,859,545.81 | 37,619,784.78 | 76.71% | ||
| CITYSTATE SAVINGS BANK INC | 74,322,686.83 | 95,397,795.70 | 77.91% | ||
| STANDARD CHARTERED BANK | 2,079,910,436.34 | 2,636,355,424.79 | 78.89% | ||
| BANK ONE SAVINGS CORPORATION | 44,360,200.39 | 55,495,016.00 | 79.94% | ||
| BPI DIRECT BANKO INC A SAVINGS BANK | 758,636,217.56 | 940,487,823.05 | 80.66% | ||
| LEGAZPI SAVINGS BANK INC | 269,295,308.41 | 333,789,458.23 | 80.68% | ||
| SUN SAVINGS BANK INC | 20,767,357.87 | 24,553,384.53 | 84.58% | ||
| RIZAL COMM'L BANKING CORP | 3,198,644,715.60 | 3,687,347,269.88 | 86.75% | ||
| MALAYAN BANK SAVINGS AND MORT BANK INC | 344,978,703.57 | 383,863,085.92 | 89.87% | ||
| ASIA UNITED BANK CORPORATION | 2,916,218,326.27 | 3,140,761,256.03 | 92.85% | ||
| PHIL BANK OF COMMUNICATIONS | 2,071,632,660.95 | 2,227,830,089.40 | 92.99% | ||
| YUANTA SAVINGS BANK PHILIPPINES INC | 103,943,371.91 | 107,918,892.35 | 96.32% | ||
| INTER-ASIA DEVELOPMENT BANK | 7,801,138.20 | 8,003,219.40 | 97.48% | ||
| PHILIPPINE BUSINESS BANK INC A SAVINGS | 1,659,463,062.38 | 1,670,174,788.13 | 99.36% | ||
| DUMAGUETE CITY DEV BANK INC | 19,299,237.59 | 19,352,294.27 | 99.73% | ||
| ROBINSONS BANK CORPORATION | 869,175,859.43 | 837,243,488.25 | 103.81% | ||
| PENBANK INC (A PDB) (FORMERLY: PENINSULA | 116,963,969.64 | 112,664,915.67 | 103.82% | ||
| NORTHPOINT DEV'T BANK INC | 116,559,202.49 | 107,859,057.88 | 108.07% | ||
| FARMERS SAVINGS & LOAN BANK INC | 27,476,885.73 | 25,140,440.92 | 109.29% | ||
| DEVELOPMENT BANK OF THE PHIL | 7,262,443,464.95 | 6,602,579,350.58 | 109.99% | ||
| CORDILLERA SAVINGS BANK INC | 15,165,504.60 | 13,267,153.17 | 114.31% | ||
| MERCHANTS SAVINGS & LOAN ASSN INC | 78,886,433.96 | 68,439,569.26 | 115.26% | ||
| SECURITY BANK CORP | 3,185,335,132.57 | 2,617,722,711.70 | 121.68% | ||
| BANK OF COMMERCE | 2,188,032,631.22 | 1,716,313,857.28 | 127.48% | ||
| MAYBANK PHILIPPINES INCORPORATED | 2,156,753,376.51 | 1,684,022,869.48 | 128.07% | ||
| PHIL NATIONAL BANK | 12,371,380,234.05 | 9,211,276,436.89 | 134.31% | ||
| BANK OF THE PHIL ISLANDS | 15,415,358,860.40 | 11,453,165,899.59 | 134.59% | ||
| LAND BANK OF THE PHILIPPINES | 15,396,683,001.08 | 10,303,174,785.49 | 149.44% | ||
| CTBC BANK (PHILIPPINES) CORP | 760,381,386.86 | 486,534,090.10 | 156.29% | ||
| CARD SME BANK INC A THRIFT BANK | 179,343,060.47 | 113,262,457.07 | 158.34% | ||
| CHINA BANKING CORP | 5,250,825,862.95 | 2,977,677,152.77 | 176.34% | ||
| LIFE SAVINGS BANK INC | 5,424,695.67 | 2,826,635.39 | 191.91% | ||
| BDO UNIBANK INC | 33,313,727,520.85 | 16,819,459,499.14 | 198.07% | ||
| CENTURY SAVINGS BANK CORPORATION | 19,537,665.62 | 9,576,010.25 | 204.03% | ||
| METROPOLITAN BANK & TCO | 17,528,399,632.04 | 7,311,098,641.93 | 239.75% | ||
| HSBC SAVINGS BANK(PHILS) INC | 103,572,570.73 | 39,257,127.28 | 263.83% | ||
| METRO CEBU PUBLIC SAVINGS BANK | 25,738,098.54 | 9,340,189.11 | 275.56% | ||
| CITIBANK, N.A. | 2,881,557,893.29 | 1,041,410,107.97 | 276.70% | ||
| PHIL TRUST COMPANY | 3,276,793,042.10 | 1,120,924,013.08 | 292.33% | ||
| QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK | 22,468,801.30 | 7,096,494.50 | 316.62% | ||
| HONGKONG & SHANGHAI BANKING CORP | 1,778,392,988.32 | 496,832,854.33 | 357.95% | ||
| KEB HANA BANK - MANILA BRANCH | 96,772,719.47 | 23,050,217.08 | 419.83% | ||
| AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS | 3,250,374.39 | 107,342.00 | 3028.05% | ||
| MEGA INT'L COMM'L BANK CO LTD | 226,379,249.43 | 5,025,000.00 | 4505.06% | ||
| ING BANK N.V. | 94,683,922.69 | 110.04 | 86045004.26% | ||
| BANK OF AMERICA N.A. | 21,994,948.48 | 0.00 | NA | ||
| BANK OF CHINA LIMITED-MANILA BRANCH | 178,392,364.78 | 0.00 | NA | ||
| BDO PRIVATE BANK, INC. | 8,960,971.92 | 0.00 | NA | ||
| CATHAY UNITED BANK CO LTD - MANILA BRANCH | 30,208,542.18 | 0.00 | NA | ||
| CHANG HWA COMMERCIAL BANK LTD - MANILA BRANCH | 0.00 | 0.00 | NA | ||
| DEUTSCHE BANK AG | 243,015,193.99 | 0.00 | NA | ||
| FIRST COMMERCIAL BANK LTD MANILA BRANCH | 6,522,440.00 | 0.00 | NA | ||
| HUA NAN COMMERCIAL BANK LTD MANILA BRANCH | 0.00 | 0.00 | NA | ||
| INDUSTRIAL BANK OF KOREA MANILA BRANCH | 28,590,213.94 | 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 | ||
| MIZUHO BANK LTD - MANILA BRANCH | 519,938,706.71 | 0.00 | NA | ||
| MUFG BANK, LTD. | 388,082,494.46 | 0.00 | NA | ||
| PHIL STAR DEVELOPMENT BANK INC | 413,704.66 | 0.00 | NA | ||
| SHINHAN BANK - MANILA BRANCH | 28,545,705.05 | 0.00 | NA | ||
| SUMITOMO MITSUI BANKING CORPORATION-MANILA BRANCH | 24,055,138.32 | 0.00 | NA | ||
| Grand Total | 179,471,575,184.69 | 156,896,541,337.89 | 114.39% | ||
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 | ||||||||
| September 30, 2018 | ||||||||
| Bank | Gross NPLs | Minimum Loan Loss Provisions at 80% NPL Coverage Ratio | Actual Loan Loss Provisions | Excess/Deficit Loan Loss Provisions | Stockholder's Equity | Impact on SE | ||
| OVERSEAS FILIPINO BANK INC A SAVINGS BANK OF LANDBANK | 2,200,789,892.72 | 1,760,631,914.18 | 429,050,672.43 | -1,331,581,241.75 | 851,391,260.99 | -156.40% | ||
| ENTERPRISE BANK INC (A THRIFT BANK) | 356,405,207.95 | 285,124,166.36 | 148,926,171.26 | -136,197,995.10 | 262,432,745.24 | -51.90% | ||
| EQUICOM SAVINGS BANK INC | 680,239,107.69 | 544,191,286.15 | 261,892,363.03 | -282,298,923.12 | 720,551,822.22 | -39.18% | ||
| UCPB SAVINGS BANK | 1,935,843,102.92 | 1,548,674,482.34 | 567,011,384.46 | -981,663,097.88 | 2,676,275,605.64 | -36.68% | ||
| PHILIPPINE RESOURCES SAVINGS BANKING | 1,335,254,894.57 | 1,068,203,915.66 | 384,104,649.18 | -684,099,266.48 | 2,610,782,762.71 | -26.20% | ||
| MARITIME SAVINGS BANK CORPORATION | 22,871,486.95 | 18,297,189.56 | 6,948,645.24 | -11,348,544.32 | 48,057,298.31 | -23.61% | ||
| STERLING BANK OF ASIA INC (A SAVINGS | 1,540,579,044.23 | 1,232,463,235.38 | 712,777,155.31 | -519,686,080.07 | 2,666,557,786.63 | -19.49% | ||
| BATAAN DEVELOPMENT BANK | 43,838,647.03 | 35,070,917.62 | 21,905,463.47 | -13,165,454.15 | 90,981,864.09 | -14.47% | ||
| WEALTH DEVELOPMENT BANK CORPORATION | 430,079,540.50 | 344,063,632.40 | 155,828,456.99 | -188,235,175.41 | 1,458,867,818.36 | -12.90% | ||
| 1ST VALLEY BANK INC A DEVELOPMENT BANK | 655,178,883.27 | 524,143,106.62 | 322,298,761.39 | -201,844,345.23 | 1,878,319,702.26 | -10.75% | ||
| PNB SAVINGS BANK | 2,432,403,665.94 | 1,945,922,932.75 | 805,324,872.37 | -1,140,598,060.38 | 11,968,053,834.19 | -9.53% | ||
| RCBC SAVINGS BANK INC | 4,323,774,066.58 | 3,459,019,253.26 | 2,384,442,457.66 | -1,074,576,795.60 | 13,143,447,804.18 | -8.18% | ||
| CHINA BANK SAVINGS INC | 3,441,198,508.56 | 2,752,958,806.85 | 1,974,885,653.33 | -778,073,153.52 | 9,665,552,831.21 | -8.05% | ||
| BPI FAMILY SAVINGS BANK INC | 10,552,134,142.00 | 8,441,707,313.60 | 6,208,962,899.55 | -2,232,744,414.05 | 31,043,734,154.36 | -7.19% | ||
| ALLBANK (A THRIFT BANK) INC | 127,269,730.63 | 101,815,784.50 | 33,943,161.99 | -67,872,622.51 | 1,025,352,805.75 | -6.62% | ||
| UNIVERSITY SAVINGS BANK INC | 88,980,921.54 | 71,184,737.23 | 44,855,430.47 | -26,329,306.76 | 415,427,596.89 | -6.34% | ||
| PAMPANGA DEVELOPMENT BANK | 56,591,647.47 | 45,273,317.98 | 35,695,784.79 | -9,577,533.19 | 211,695,855.07 | -4.52% | ||
| LEMERY SAVINGS & LOAN BANK, INC. | 7,744,052.82 | 6,195,242.26 | 2,245,080.45 | -3,950,161.81 | 88,037,046.62 | -4.49% | ||
| CITY SAVINGS BANK INC | 2,349,989,074.91 | 1,879,991,259.93 | 1,278,143,141.45 | -601,848,118.48 | 14,602,983,429.47 | -4.12% | ||
| UNITED COCONUT PLANTERS BANK | 5,788,951,065.80 | 4,631,160,852.64 | 4,029,910,303.35 | -601,250,549.29 | 15,545,284,976.24 | -3.87% | ||
| PRODUCERS SAVINGS BANK CORPORATION | 301,475,746.19 | 241,180,596.95 | 178,366,079.27 | -62,814,517.68 | 1,870,038,125.55 | -3.36% | ||
| EAST WEST BANKING CORP | 9,928,665,998.30 | 7,942,932,798.64 | 6,664,874,408.99 | -1,278,058,389.65 | 41,562,795,425.71 | -3.08% | ||
| PACIFIC ACE SAVINGS BANK INC | 5,715,436.00 | 4,572,348.80 | 2,123,336.17 | -2,449,012.63 | 81,290,976.62 | -3.01% | ||
| BUSINESS AND CONSUMERS BANK (A DB) | 15,247,805.02 | 12,198,244.02 | 9,807,832.52 | -2,390,411.50 | 89,251,525.56 | -2.68% | ||
| FIRST CONSOLIDATED BANK INC (A PDB) | 972,574,900.13 | 778,059,920.10 | 664,965,033.94 | -113,094,886.16 | 4,756,374,516.92 | -2.38% | ||
| BANK OF MAKATI (A SAVINGS BANK) INC | 2,236,149,315.57 | 1,788,919,452.46 | 1,598,324,910.06 | -190,594,542.40 | 8,949,660,005.21 | -2.13% | ||
| QUEZON COCONUT BANK INC (A THRIFT BANK) | 2,750,058.15 | 2,200,046.52 | 1,303,520.97 | -896,525.55 | 59,188,811.45 | -1.51% | ||
| PHIL SAVINGS BANK | 6,079,237,828.83 | 4,863,390,263.06 | 4,613,120,050.09 | -250,270,212.97 | 21,682,564,108.71 | -1.15% | ||
| BANGKO KABAYAN INC (A PRIVATE DEVELOPMENT | 36,485,231.94 | 29,188,185.55 | 24,867,661.97 | -4,320,523.58 | 499,941,142.92 | -0.86% | ||
| UNION BANK OF THE PHILS | 8,362,824,273.02 | 6,690,259,418.42 | 6,040,061,826.69 | -650,197,591.73 | 83,357,116,245.76 | -0.78% | ||
| HIYAS BANKING CORPORATION | 37,619,784.78 | 30,095,827.82 | 28,859,545.81 | -1,236,282.01 | 181,211,637.94 | -0.68% | ||
| STANDARD CHARTERED BANK | 2,636,355,424.79 | 2,109,084,339.83 | 2,079,910,436.34 | -29,173,903.49 | 6,433,779,518.07 | -0.45% | ||
| CITYSTATE SAVINGS BANK INC | 95,397,795.70 | 76,318,236.56 | 74,322,686.83 | -1,995,549.73 | 695,147,738.58 | -0.29% | ||
| BANK ONE SAVINGS CORPORATION | 55,495,016.00 | 44,396,012.80 | 44,360,200.39 | -35,812.41 | 614,583,060.89 | -0.01% | ||
| CHANG HWA COMMERCIAL BANK LTD - MANILA BRANCH | 0.00 | 0.00 | 0.00 | 0.00 | 2,151,550,906.66 | 0.00% | ||
| HUA NAN COMMERCIAL BANK LTD MANILA BRANCH | 0.00 | 0.00 | 0.00 | 0.00 | 2,088,229,638.08 | 0.00% | ||
| BDO PRIVATE BANK, INC. | 0.00 | 0.00 | 8,960,971.92 | 8,960,971.92 | 5,089,452,595.77 | 0.18% | ||
| SUMITOMO MITSUI BANKING CORPORATION-MANILA BRANCH | 0.00 | 0.00 | 24,055,138.32 | 24,055,138.32 | 13,057,132,001.43 | 0.18% | ||
| BPI DIRECT BANKO INC A SAVINGS BANK | 940,487,823.05 | 752,390,258.44 | 758,636,217.56 | 6,245,959.12 | 2,380,498,023.59 | 0.26% | ||
| RIZAL COMM'L BANKING CORP | 3,687,347,269.88 | 2,949,877,815.90 | 3,198,644,715.60 | 248,766,899.70 | 83,563,839,192.21 | 0.30% | ||
| FIRST COMMERCIAL BANK LTD MANILA BRANCH | 0.00 | 0.00 | 6,522,440.00 | 6,522,440.00 | 1,994,776,582.76 | 0.33% | ||
| LEGAZPI SAVINGS BANK INC | 333,789,458.23 | 267,031,566.58 | 269,295,308.41 | 2,263,741.83 | 552,479,895.89 | 0.41% | ||
| PHIL STAR DEVELOPMENT BANK INC | 0.00 | 0.00 | 413,704.66 | 413,704.66 | 100,903,539.70 | 0.41% | ||
| SUN SAVINGS BANK INC | 24,553,384.53 | 19,642,707.62 | 20,767,357.87 | 1,124,650.25 | 234,677,569.27 | 0.48% | ||
| CATHAY UNITED BANK CO LTD - MANILA BRANCH | 0.00 | 0.00 | 30,208,542.18 | 30,208,542.18 | 5,219,738,763.97 | 0.58% | ||
| ISLA BANK(A THRIFT BANK) INC | 0.00 | 0.00 | 4,290,580.33 | 4,290,580.33 | 688,999,925.11 | 0.62% | ||
| SHINHAN BANK - MANILA BRANCH | 0.00 | 0.00 | 28,545,705.05 | 28,545,705.05 | 4,233,575,219.10 | 0.67% | ||
| JP MORGAN CHASE BANK NATIONAL ASSN. | 0.00 | 0.00 | 16,000,000.00 | 16,000,000.00 | 2,280,190,545.36 | 0.70% | ||
| BANK OF AMERICA N.A. | 0.00 | 0.00 | 21,994,948.48 | 21,994,948.48 | 2,236,402,418.64 | 0.98% | ||
| SECURITY BANK CORP | 2,617,722,711.70 | 2,094,178,169.36 | 3,185,335,132.57 | 1,091,156,963.21 | 110,023,121,105.34 | 0.99% | ||
| CENTURY SAVINGS BANK CORPORATION | 9,576,010.25 | 7,660,808.20 | 19,537,665.62 | 11,876,857.42 | 974,853,448.93 | 1.22% | ||
| INDUSTRIAL BANK OF KOREA MANILA BRANCH | 0.00 | 0.00 | 28,590,213.94 | 28,590,213.94 | 2,287,606,650.30 | 1.25% | ||
| DUMAGUETE CITY DEV BANK INC | 19,352,294.27 | 15,481,835.42 | 19,299,237.59 | 3,817,402.17 | 268,904,371.88 | 1.42% | ||
| ASIA UNITED BANK CORPORATION | 3,140,761,256.03 | 2,512,609,004.82 | 2,916,218,326.27 | 403,609,321.45 | 27,509,878,284.85 | 1.47% | ||
| ROBINSONS BANK CORPORATION | 837,243,488.25 | 669,794,790.60 | 869,175,859.43 | 199,381,068.83 | 12,391,055,517.66 | 1.61% | ||
| AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS | 107,342.00 | 85,873.60 | 3,250,374.39 | 3,164,500.79 | 191,420,267.24 | 1.65% | ||
| INTER-ASIA DEVELOPMENT BANK | 8,003,219.40 | 6,402,575.52 | 7,801,138.20 | 1,398,562.68 | 81,497,365.68 | 1.72% | ||
| BANK OF CHINA LIMITED-MANILA BRANCH | 0.00 | 0.00 | 178,392,364.78 | 178,392,364.78 | 10,326,804,753.84 | 1.73% | ||
| YUANTA SAVINGS BANK PHILIPPINES INC | 107,918,892.35 | 86,335,113.88 | 103,943,371.91 | 17,608,258.03 | 894,713,556.64 | 1.97% | ||
| PHIL BANK OF COMMUNICATIONS | 2,227,830,089.40 | 1,782,264,071.52 | 2,071,632,660.95 | 289,368,589.43 | 12,258,856,525.99 | 2.36% | ||
| KEB HANA BANK - MANILA BRANCH | 23,050,217.08 | 18,440,173.66 | 96,772,719.47 | 78,332,545.81 | 3,181,245,849.38 | 2.46% | ||
| QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK | 7,096,494.50 | 5,677,195.60 | 22,468,801.30 | 16,791,605.70 | 676,768,697.94 | 2.48% | ||
| BANK OF THE PHIL ISLANDS | 11,453,165,899.59 | 9,162,532,719.67 | 15,415,358,860.40 | 6,252,826,140.73 | 244,943,113,583.49 | 2.55% | ||
| PHILIPPINE BUSINESS BANK INC A SAVINGS | 1,670,174,788.13 | 1,336,139,830.50 | 1,659,463,062.38 | 323,323,231.88 | 10,692,002,382.23 | 3.02% | ||
| MALAYAN BANK SAVINGS AND MORT BANK INC | 383,863,085.92 | 307,090,468.74 | 344,978,703.57 | 37,888,234.83 | 1,220,714,583.08 | 3.10% | ||
| CHINA BANKING CORP | 2,977,677,152.77 | 2,382,141,722.22 | 5,250,825,862.95 | 2,868,684,140.73 | 79,905,698,095.95 | 3.59% | ||
| CORDILLERA SAVINGS BANK INC | 13,267,153.17 | 10,613,722.54 | 15,165,504.60 | 4,551,782.06 | 126,347,325.60 | 3.60% | ||
| DEVELOPMENT BANK OF THE PHIL | 6,602,579,350.58 | 5,282,063,480.46 | 7,262,443,464.95 | 1,980,379,984.49 | 49,692,662,235.85 | 3.99% | ||
| ING BANK N.V. | 110.04 | 88.03 | 94,683,922.69 | 94,683,834.66 | 2,359,925,861.80 | 4.01% | ||
| MERCHANTS SAVINGS & LOAN ASSN INC | 68,439,569.26 | 54,751,655.41 | 78,886,433.96 | 24,134,778.55 | 577,100,684.96 | 4.18% | ||
| METROPOLITAN BANK & TCO | 7,311,098,641.93 | 5,848,878,913.54 | 17,528,399,632.04 | 11,679,520,718.50 | 275,498,373,694.06 | 4.24% | ||
| PHIL NATIONAL BANK | 9,211,276,436.89 | 7,369,021,149.51 | 12,371,380,234.05 | 5,002,359,084.54 | 115,706,534,484.20 | 4.32% | ||
| LIFE SAVINGS BANK INC | 2,826,635.39 | 2,261,308.31 | 5,424,695.67 | 3,163,387.36 | 71,561,539.54 | 4.42% | ||
| HSBC SAVINGS BANK(PHILS) INC | 39,257,127.28 | 31,405,701.82 | 103,572,570.73 | 72,166,868.91 | 1,501,959,982.97 | 4.80% | ||
| BANK OF COMMERCE | 1,716,313,857.28 | 1,373,051,085.82 | 2,188,032,631.22 | 814,981,545.40 | 15,885,446,788.33 | 5.13% | ||
| CTBC BANK (PHILIPPINES) CORP | 486,534,090.10 | 389,227,272.08 | 760,381,386.86 | 371,154,114.78 | 7,107,330,394.70 | 5.22% | ||
| PENBANK INC (A PDB) (FORMERLY: PENINSULA | 112,664,915.67 | 90,131,932.54 | 116,963,969.64 | 26,832,037.10 | 496,026,518.77 | 5.41% | ||
| FARMERS SAVINGS & LOAN BANK INC | 25,140,440.92 | 20,112,352.74 | 27,476,885.73 | 7,364,532.99 | 135,104,052.70 | 5.45% | ||
| LAND BANK OF THE PHILIPPINES | 10,303,174,785.49 | 8,242,539,828.39 | 15,396,683,001.08 | 7,154,143,172.69 | 124,878,408,978.83 | 5.73% | ||
| BDO UNIBANK INC | 16,819,459,499.14 | 13,455,567,599.31 | 33,313,727,520.85 | 19,858,159,921.54 | 311,051,055,324.27 | 6.38% | ||
| MAYBANK PHILIPPINES INCORPORATED | 1,684,022,869.48 | 1,347,218,295.58 | 2,156,753,376.51 | 809,535,080.93 | 12,320,804,298.35 | 6.57% | ||
| CARD SME BANK INC A THRIFT BANK | 113,262,457.07 | 90,609,965.66 | 179,343,060.47 | 88,733,094.81 | 1,119,003,013.69 | 7.93% | ||
| MUFG BANK, LTD. | 0.00 | 0.00 | 388,082,494.46 | 388,082,494.46 | 4,868,976,775.54 | 7.97% | ||
| NORTHPOINT DEV'T BANK INC | 107,859,057.88 | 86,287,246.30 | 116,559,202.49 | 30,271,956.19 | 359,843,555.03 | 8.41% | ||
| MIZUHO BANK LTD - MANILA BRANCH | 0.00 | 0.00 | 519,938,706.71 | 519,938,706.71 | 5,516,835,936.44 | 9.42% | ||
| HONGKONG & SHANGHAI BANKING CORP | 496,832,854.33 | 397,466,283.46 | 1,778,392,988.32 | 1,380,926,704.86 | 13,730,780,221.06 | 10.06% | ||
| CITIBANK, N.A. | 1,041,410,107.97 | 833,128,086.38 | 2,881,557,893.29 | 2,048,429,806.91 | 19,470,788,969.10 | 10.52% | ||
| DEUTSCHE BANK AG | 0.00 | 0.00 | 243,015,193.99 | 243,015,193.99 | 2,306,640,247.77 | 10.54% | ||
| PHIL TRUST COMPANY | 1,120,924,013.08 | 896,739,210.46 | 3,276,793,042.10 | 2,380,053,831.64 | 20,547,874,035.43 | 11.58% | ||
| MEGA INT'L COMM'L BANK CO LTD | 5,025,000.00 | 4,020,000.00 | 226,379,249.43 | 222,359,249.43 | 1,874,119,562.22 | 11.86% | ||
| METRO CEBU PUBLIC SAVINGS BANK | 9,340,189.11 | 7,472,151.29 | 25,738,098.54 | 18,265,947.25 | 67,130,689.45 | 27.21% | ||
| Grand Total | 156,896,541,337.89 | 125,517,233,070.31 | 179,471,575,184.69 | 53,954,342,114.38 | 1,912,778,068,868.94 | 2.82% | ||
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 September 30, 2018".
The most
notable of the banks in this list is Overseas Filipino Bank. The bank faces a shortfall of 156.40% of its
stated
stockholder's equity of Php 851.40 million if it were to increase its
loan loss provisions to meet a minimum NPL Coverage Ratio of 80%. In
short, all of its equity would be wiped out if the
bank were to properly account for its losses.
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