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Sunday, July 14, 2019

Are Philippine Rural and Cooperative Banks Under Provisioning Loan Losses? - As of December 31, 2018

Which Philippine Rural and Cooperative Banks have not adequately provisioned for loan losses at their current levels? Those highlighted in yellow (below 80% NPL Coverage Ratio) are prime candidates.


Philippine Rural and Cooperative Banking System
NPL Coverage Ratio
December 31, 2018








Bank Loan Loss Provisions Gross NPLs NPL Coverage Ratio
GRAND-AGRI RURAL BANK  10,088,170.55 76,087,462.05 13.26%
AMA RURAL BANK OF MANDALUYONG INC  154,372,964.62 522,441,985.47 29.55%
EAST WEST RURAL BANK INC  367,276,368.12 1,239,377,114.60 29.63%
AGRIBUSINESS RURAL BANK INC  165,835,623.00 484,528,257.00 34.23%
LAGAWE HIGHLANDS RB INC  17,612,753.56 51,402,782.94 34.26%
RB OF DOLORES (QUEZON) INC  3,004,947.88 8,416,443.89 35.70%
RB OF ALABEL (SARANGANI) INC  15,347,625.97 42,893,144.69 35.78%
GOLDEN RURAL BANK OF THE PHILIPPINES INC 9,508,706.89 26,118,973.44 36.41%
RB OF BAY INC   7,299,662.61 19,104,261.44 38.21%
RB OF MIAGAO (ILOILO) INC  17,298,952.02 43,825,325.72 39.47%
BALANGA RURAL BANK, INC.  11,390,143.09 27,122,432.61 42.00%
BENGUET CENTER BANK INC A RB  12,076,759.51 28,052,368.51 43.05%
RANG-AY BANK INC (A RURAL BANK)  48,340,672.47 105,948,482.96 45.63%
BANCO SANTIAGO DE LIBON INC  25,343,906.16 53,568,004.12 47.31%
BANGKO MONTANOSA INC (A RURAL BANK)  12,136,118.96 24,735,366.96 49.06%
RB OF CAUAYAN INC   25,430,330.34 51,812,662.80 49.08%
BANGKO MABUHAY (A RURAL BANK) INC  48,057,788.08 93,915,928.64 51.17%
ENTREPRENEUR RB INC   25,919,101.46 49,638,699.65 52.22%
CEBUANA LHUILLIER RB INC  12,706,509.93 24,257,220.57 52.38%
PLANBANK "RB OF CANLUBANG PLANTERS INC"  42,671,518.80 81,374,492.04 52.44%
FIRST ISABELA COOP BANK INC(FICOBANK)  83,068,693.59 157,459,420.62 52.76%
MOUNT MAKILING RURAL BANK INC  26,709,517.60 50,243,509.44 53.16%
RB OF GENERAL TRIAS INC  21,467,676.19 38,521,318.36 55.73%
MALLIG PLAINS RURAL BANK (ISABELA) INC  12,580,524.53 22,360,129.05 56.26%
RB OF ITOGON (BENGUET) INC  19,748,870.59 35,029,090.80 56.38%
NEW RB OF SAN LEONARDO(N.E.) INC  36,602,425.69 64,814,185.08 56.47%
COOP BANK OF CAGAYAN   55,136,475.94 97,505,072.36 56.55%
RBG IMPERIAL BANK INC(A RURAL BANK)  24,050,302.59 42,239,116.99 56.94%
METRO SOUTH COOP BANK  178,660,629.11 304,330,938.27 58.71%
SAVIOUR RURAL BANK INC  18,648,792.82 31,302,870.69 59.58%
BHF RURAL BANK INC   33,467,216.26 56,133,313.48 59.62%
GM BANK OF LUZON INC (A RURAL BANK)  148,404,961.66 248,037,301.92 59.83%
RB OF SAN LUIS (PAMPANGA) INC  12,549,937.14 20,867,212.92 60.14%
RB OF STA ROSA DE LIMA (PANIQUI TARLAC) INC 14,948,963.63 24,507,249.49 61.00%
MVSM BANK (A RURAL BANK SINCE 1953) INC 18,698,731.40 30,069,083.17 62.19%
RB OF MARIA AURORA (AURORA) INC  32,290,057.15 51,835,086.21 62.29%
OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE RURAL BANK) 12,262,860.16 19,640,373.04 62.44%
RB OF MAGDALENA (LAGUNA) INC  32,671,305.63 52,207,062.59 62.58%
LIBERTY BANK (A RURAL BANK) INC  16,451,758.45 26,013,372.35 63.24%
COOPERATIVE BANK OF BOHOL  39,213,773.85 61,367,388.46 63.90%
MACTAN RURAL BANK (LAPU-LAPU CITY) INC 31,099,280.35 47,591,430.77 65.35%
RB OF PILAR (SORSOGON) INC  11,636,588.85 17,778,214.08 65.45%
MALARAYAT RB INC   26,330,776.28 39,429,806.38 66.78%
SUMMIT BANK (RB OF TUBLAY INC)  101,519,240.65 148,084,738.47 68.55%
INSULAR SAVERS BANK INC (A RURAL BANK)  85,909,245.33 122,168,501.45 70.32%
NATIONAL TEACHERS & EMP. COOP BANK  18,154,052.59 25,587,096.40 70.95%
ALIAGA FARMERS RURAL BANK INC  84,941,452.55 119,281,650.44 71.21%
RB OF PILAR (BATAAN) INC  24,297,369.32 33,467,511.00 72.60%
CAMALIG BANK INC (A RURAL BANK)  34,116,554.88 46,960,745.31 72.65%
RB OF MIDSAYAP INC   8,131,943.18 11,124,953.42 73.10%
RB OF BAGABAG (N.V.)INC   36,906,232.19 50,032,139.96 73.77%
COOP BANK OF QUEZON PROVINCE  29,495,456.91 38,969,085.43 75.69%
RB OF SAN PASCUAL(OBANDO BULACAN)INC  18,856,011.54 24,593,989.83 76.67%
RB OF SOLANO (NUEVA VIZCAYA) INC  17,938,819.41 23,058,942.45 77.80%
PEOPLES BANK OF CARAGA INC (A RURAL BANK)  306,682,396.53 388,898,164.94 78.86%
BOF INC (A RURAL BANK)  68,062,179.17 85,138,893.35 79.94%
SUGBUANON RB INC   23,558,415.58 29,319,306.98 80.35%
RB OF POLA (ORIENTAL MINDORO) INC  40,015,329.62 49,636,853.62 80.62%
CAVITE UNITED RURAL BANK CORP  22,370,382.70 27,652,765.64 80.90%
CANTILAN BANK INC (A RURAL BANK)  227,603,882.55 279,883,664.22 81.32%
RB OF POZORRUBIO INC  16,919,271.54 20,470,159.03 82.65%
GUAGUA RURAL BANK INC  140,250,669.34 169,241,705.98 82.87%
IMUS RURAL BANK INC   9,913,978.76 11,822,954.21 83.85%
RB OF CENTRAL PANGASINAN (BAYAMBANG) INC  37,753,857.14 44,777,828.98 84.31%
COMMON WEALTH RURAL BANK INC  20,956,799.63 24,771,728.25 84.60%
COOPERATIVE BANK OF NUEVA VIZCAYA  28,393,743.80 33,212,708.48 85.49%
CONSOLIDATED COOPERATIVE BANK  369,565,210.42 427,596,656.95 86.43%
TANAY RB INC   180,363,310.20 206,505,822.36 87.34%
MT CARMEL RURAL BANK INC  192,204,097.46 219,468,418.50 87.58%
COOP BANK OF BENGUET (CBB)  61,436,922.85 69,727,366.10 88.11%
DUNGGANON BANK (A MICROFINANCE RURAL BANK) INC 29,635,813.26 33,410,173.22 88.70%
RB OF LEBAK (SULTAN KUDARAT) INC  34,651,708.90 38,854,000.17 89.18%
RB OF MABITAC (LAGUNA) INC  77,893,277.82 86,245,953.37 90.32%
ONE NETWORK BANK INC (A RURAL BANK OF BDO) 1,942,880,561.62 2,125,645,171.10 91.40%
COUNTRY BUILDERS BANK INC (A RURAL BANK) 45,191,870.21 49,280,451.41 91.70%
ASPAC RURAL BANK INC  93,270,513.39 100,006,101.26 93.26%
QUEZON CAPITAL RB INC  57,840,046.53 61,458,419.53 94.11%
RB OF CARDONA (RIZAL) INC  68,912,910.65 72,853,579.59 94.59%
BANCO LAGUNA INC (A RURAL BANK SINCE 1965) 24,994,121.31 26,376,783.97 94.76%
PROGRESSIVE BANK INC (PROGRESSIVE A RURAL BANK INC) 108,249,860.53 113,638,805.77 95.26%
VILLAGE BANK INC (A RURAL BANK)  36,467,491.18 37,870,821.93 96.29%
LAGUNA PRESTIGE BANKING CORPORATION (A RURAL BANK) 13,556,709.28 13,995,854.32 96.86%
RB OF PORAC (PAMPANGA) INC  49,045,037.39 50,039,314.48 98.01%
GUAGUA SAVERS BANK(A RB) INC  10,460,371.42 10,583,466.34 98.84%
COMMTY RB OF CATMON (CEBU) INC  39,472,886.65 39,620,065.84 99.63%
RB OF MARAGONDON INC  30,807,425.10 30,745,438.34 100.20%
RURAL BANK OF PLACER (SURIGAO DEL NORTE) INC 36,707,016.93 36,473,807.82 100.64%
D' ASIAN HILLS BANK INC (A RURAL BANK)  162,642,653.42 160,686,650.64 101.22%
RB OF BAYOMBONG INC   12,889,330.41 12,644,217.77 101.94%
RB OF ANGELES INC   110,054,247.30 107,659,197.24 102.22%
RB OF PARACALE(CAMARINES NORTE) INC  24,105,176.39 23,556,259.43 102.33%
ILOCOS CONSOLIDATED COOPERATIVE BANK  72,798,755.46 71,019,218.03 102.51%
RB OF MABALACAT INC   45,010,766.01 43,432,106.69 103.63%
SOUTH BANK (A RURAL BANK) INC  29,347,532.83 27,799,387.09 105.57%
ARDCIBANK INC A RURAL BANK  8,089,173.43 7,612,166.28 106.27%
PBCOM RURAL BANK INC  444,105,521.78 417,146,345.80 106.46%
RB OF ANTIPOLO INC   17,852,534.19 16,416,216.28 108.75%
RB OF PANDI (BULACAN) INC  17,807,984.78 16,187,629.14 110.01%
VALIANT BANK INC (A RURAL BANK)  222,031,938.64 200,710,149.65 110.62%
NORTH PACIFIC BANKING CORPORATION (A RB OF STA MARIA ISABELA 6,980,472.60 6,302,204.58 110.76%
FILIDIAN RURAL BANK OF ANTIPOLO INC  8,032,029.88 7,231,559.78 111.07%
FIRST TAGUM RURAL BANK INC  57,390,748.78 51,643,391.14 111.13%
RB OF DULAG (LEYTE) INC  13,215,360.44 11,733,061.73 112.63%
HIGHLAND RURAL BANK INC  19,749,937.35 17,474,070.89 113.02%
RB OF BAMBANG (NUEVA VIZCAYA) INC  48,671,473.53 42,635,239.41 114.16%
BANGKO CARRASCAL INC (A RB)  9,311,822.23 8,138,743.86 114.41%
RB OF GATTARAN (CAGAYAN) INC  29,639,780.53 25,736,313.78 115.17%
RB OF DIGOS INC   31,993,694.25 27,405,173.48 116.74%
RB OF TANGUB CITY (MIS OCC) INC  37,395,873.88 31,826,390.56 117.50%
COMMTY RB OF DAPITAN CITY INC  50,350,694.86 42,324,001.01 118.96%
BANKWAYS INC (A RURAL BANK)  35,835,788.90 29,945,734.69 119.67%
SECURED BANK INC (A RB)  20,729,485.55 16,869,944.93 122.88%
GATEWAY RURAL BANK INC  28,178,813.44 22,632,720.81 124.50%
RURAL BANK OF SAN ANTONIO INC  51,221,501.93 39,209,616.32 130.64%
RB OF GUINOBATAN INC  24,690,405.01 18,077,286.56 136.58%
RB OF JAEN INC   9,234,067.79 6,374,705.22 144.85%
RB OF DUMANGAS INC   17,820,297.64 12,075,052.15 147.58%
MANOR BANK - A RURAL BANK CORP  6,438,338.05 4,353,293.59 147.90%
CARD MRI RIZAL BANK INC A MICROFINANCE-ORIENTED RURAL BANK 71,922,426.22 47,366,496.32 151.84%
RB OF MONTALBAN INC   5,160,255.06 3,366,832.74 153.27%
RB OF SAN MATEO(ISABELA) INC  31,833,485.80 20,734,351.55 153.53%
RB OF GLORIA (OR MIN) INC  4,772,647.47 3,052,978.40 156.33%
STA MARIA RURAL BANK INC  5,408,692.40 3,428,083.16 157.78%
CARD BANK INC (A MF RB)  326,698,254.52 205,625,833.04 158.88%
RBT BANK INC A RURAL BANK  13,283,976.72 8,356,569.91 158.96%
COOP BANK OF COTABATO   130,044,526.03 79,061,167.24 164.49%
RB OF BARILI (CEBU) INC  41,633,501.43 24,584,520.66 169.35%
RB OF RIZAL (ZAMBOANGA DEL NORTE) INC  24,903,722.37 14,528,947.37 171.41%
RB OF ROSARIO (LA UNION) INC  5,853,952.39 3,412,766.28 171.53%
LIFEBANK- A RURAL BANK  19,045,803.50 10,709,749.51 177.84%
RB OF BROOKE'S POINT (PALAWAN) INC  4,404,030.46 2,253,183.69 195.46%
CENTURY RURAL BANK INC  14,009,123.00 6,974,697.58 200.86%
RNG COASTAL BANK INC(A RURAL BANK)  17,629,252.45 7,721,975.84 228.30%
KATIPUNAN BANK INC "A RURAL BANK"  52,822,332.89 23,034,871.18 229.31%
INNOVATIVE BANK INC (A RURAL BANK)  4,668,671.14 1,599,349.78 291.91%
MARAYO BANK INC (A RURAL BANK)  128,502,381.84 43,527,819.58 295.22%
RB OF STA IGNACIA INC  7,716,485.19 2,286,497.89 337.48%
Grand Total 9,428,702,913.65 12,290,941,257.08 76.71%



 Source: www.bsp.gov.ph

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