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 33.18 billion or 4.22% from March 31, 2019 to June 30, 2019. This increase was further compounded by the decrease of their Total Capital Cushion of Php 2.82 billion or -0.13% during the same period. As a result, the Ratio of Total Distressed Assets to Total Capital Cushion of Philippine Commercial Banks 1.53 percentage points, from 35.64% as of March 31, 2019 to 37.17% as of June 30, 2019. On a year on year basis, the Distressed Asset Ratio has increased 0.72 percentage points from 36.45% as of June 30, 2018 to 37.17% as of June 30, 2019.
The list of Philippine Banks classified as distressed as of June 30, 2019 are as follows:
| The Top Distressed Philippine Banks | |||
| Total Distressed Assets/ Total Capital Cushion | |||
| June 30, 2019 | |||
| In Php | |||
| June 30, 2019 | |||
| Bank | Total Distressed Assets (In PhP) | Total Capital Cushion (In PhP) | Distressed Assets/ Total Capital Cushion (In %) |
| SAVIOUR RURAL BANK INC | 517,925,681.33 | 103,497,793.61 | 500.42% |
| RB OF CENTRAL PANGASINAN (BAYAMBANG) INC | 845,353,759.04 | 188,282,991.32 | 448.98% |
| RB OF JAEN INC | 262,250,228.67 | 59,030,481.69 | 444.26% |
| INTER-ASIA DEVELOPMENT BANK | 346,824,619.67 | 90,342,875.94 | 383.90% |
| RB OF BROOKE'S POINT (PALAWAN) INC | 344,717,169.84 | 98,136,085.41 | 351.26% |
| COOP BANK OF CAGAYAN | 366,577,720.45 | 104,614,927.74 | 350.41% |
| MOUNT MAKILING RURAL BANK INC | 965,919,952.04 | 278,630,039.74 | 346.67% |
| RB OF DULAG (LEYTE) INC | 345,674,258.40 | 115,417,424.73 | 299.50% |
| TANAY RB INC | 937,455,043.99 | 331,358,597.12 | 282.91% |
| COMMTY RB OF DAPITAN CITY INC | 442,198,607.32 | 161,552,378.64 | 273.72% |
| BENGUET CENTER BANK INC A RB | 191,548,767.50 | 70,284,882.93 | 272.53% |
| VILLAGE BANK INC (A RURAL BANK) | 278,436,299.86 | 107,313,565.81 | 259.46% |
| RB OF CARDONA (RIZAL) INC | 298,277,829.32 | 119,739,699.49 | 249.11% |
| MALAYAN BANK SAVINGS AND MORT BANK INC | 3,603,626,987.06 | 1,450,421,091.32 | 248.45% |
| UNITED COCONUT PLANTERS BANK | 18,892,313,076.33 | 7,829,198,136.33 | 241.31% |
| RB OF MIDSAYAP INC | 235,527,461.75 | 103,381,730.49 | 227.82% |
| RB OF PILAR (BATAAN) INC | 337,338,984.22 | 152,706,485.36 | 220.91% |
| BANK OF CHINA LIMITED-MANILA BRANCH | 19,418,011,848.98 | 10,072,962,874.79 | 192.77% |
| RANG-AY BANK INC (A RURAL BANK) | 896,073,163.77 | 469,875,846.12 | 190.70% |
| YUANTA SAVINGS BANK PHILIPPINES INC | 1,817,124,719.29 | 991,594,566.36 | 183.25% |
| RB OF GENERAL TRIAS INC | 242,287,797.03 | 141,057,528.85 | 171.77% |
| RB OF SAN MATEO(ISABELA) INC | 237,642,482.52 | 138,529,764.18 | 171.55% |
| RB OF BAMBANG (NUEVA VIZCAYA) INC | 231,661,890.27 | 138,206,742.03 | 167.62% |
| AMA RURAL BANK OF MANDALUYONG INC | 1,406,003,291.02 | 891,921,691.63 | 157.64% |
| PLANBANK "RB OF CANLUBANG PLANTERS INC" | 241,150,917.52 | 154,423,979.91 | 156.16% |
| RCBC SAVINGS BANK INC | 23,361,062,622.95 | 15,154,113,922.64 | 154.16% |
| GRAND-AGRI RURAL BANK | 89,264,540.89 | 58,527,467.81 | 152.52% |
| COUNTRY BUILDERS BANK INC (A RURAL BANK) | 557,926,263.09 | 368,211,887.04 | 151.52% |
| RB OF SAN LUIS (PAMPANGA) INC | 169,791,281.12 | 112,892,106.41 | 150.40% |
| ENTERPRISE BANK INC (A THRIFT BANK) | 614,529,364.80 | 416,558,371.02 | 147.53% |
| RB OF MARIA AURORA (AURORA) INC | 321,352,013.84 | 238,942,441.99 | 134.49% |
| LUZON DEVELOPMENT BANK | 934,164,004.10 | 735,120,909.19 | 127.08% |
| COMMON WEALTH RURAL BANK INC | 161,737,784.25 | 134,316,764.09 | 120.42% |
| CHINA BANK SAVINGS INC | 14,001,639,515.99 | 11,672,982,591.41 | 119.95% |
| EQUICOM SAVINGS BANK INC | 1,229,477,116.28 | 1,032,700,546.10 | 119.05% |
| RB OF BAYOMBONG INC | 208,500,222.30 | 180,621,948.11 | 115.43% |
| GATEWAY RURAL BANK INC | 139,355,243.55 | 122,718,695.67 | 113.56% |
| RB OF SAN NARCISO INC | 57,609,782.92 | 51,598,577.94 | 111.65% |
| PHIL BANK OF COMMUNICATIONS | 14,076,985,661.05 | 12,724,060,977.65 | 110.63% |
| UCPB SAVINGS BANK | 3,733,053,169.68 | 3,431,124,571.20 | 108.80% |
| GM BANK OF LUZON INC (A RURAL BANK) | 526,054,165.25 | 495,670,348.90 | 106.13% |
| PEOPLES BANK OF CARAGA INC (A RURAL BANK) | 441,756,111.36 | 421,692,152.80 | 104.76% |
| ASIA UNITED BANK CORPORATION | 30,772,524,359.16 | 30,368,926,156.25 | 101.33% |
| Grand Total | 145,098,705,779.77 | 102,083,262,617.76 | 142.14% |
As a group, the distressed banks showed a decrease in their Total Distressed Assets/Total Capital Cushion Ratios. This ratio now stands at 142.14% as of June 30, 2019, down from 152.27% as of March 31, 2019.
| Top Distressed Philippine Banks | ||
| Departures and Arrivals | ||
| Distressed Asset Ratios | ||
| March 31, 2019 to June 30, 2019 | ||
| In % | ||
| Bank | June 30, 2019 | March 31, 2019 |
| Arrivals | ||
| COMMON WEALTH RURAL BANK INC | 120.42% | 84.85% |
| RB OF SAN NARCISO INC | 111.65% | NA |
| ASIA UNITED BANK CORPORATION | 101.33% | 88.51% |
| Departures | ||
| ILOCOS CONSOLIDATED COOPERATIVE BANK | 96.52% | 106.75% |
| D' ASIAN HILLS BANK INC (A RURAL BANK) | 91.63% | 120.30% |
| Philippine Banking System | |||
| Total Distressed Assets/ Total Capital Cushion | |||
| March 31, 2019 to June 30, 2019 | |||
| In Php | |||
| June 30, 2019 | |||
| Bank | Total Distressed Assets (In PhP) | Total Capital Cushion (In PhP) | Distressed Assets/ Total Capital Cushion (In %) |
| SAVIOUR RURAL BANK INC | 517,925,681.33 | 103,497,793.61 | 500.42% |
| RB OF CENTRAL PANGASINAN (BAYAMBANG) INC | 845,353,759.04 | 188,282,991.32 | 448.98% |
| RB OF JAEN INC | 262,250,228.67 | 59,030,481.69 | 444.26% |
| INTER-ASIA DEVELOPMENT BANK | 346,824,619.67 | 90,342,875.94 | 383.90% |
| RB OF BROOKE'S POINT (PALAWAN) INC | 344,717,169.84 | 98,136,085.41 | 351.26% |
| COOP BANK OF CAGAYAN | 366,577,720.45 | 104,614,927.74 | 350.41% |
| MOUNT MAKILING RURAL BANK INC | 965,919,952.04 | 278,630,039.74 | 346.67% |
| RB OF DULAG (LEYTE) INC | 345,674,258.40 | 115,417,424.73 | 299.50% |
| TANAY RB INC | 937,455,043.99 | 331,358,597.12 | 282.91% |
| COMMTY RB OF DAPITAN CITY INC | 442,198,607.32 | 161,552,378.64 | 273.72% |
| BENGUET CENTER BANK INC A RB | 191,548,767.50 | 70,284,882.93 | 272.53% |
| VILLAGE BANK INC (A RURAL BANK) | 278,436,299.86 | 107,313,565.81 | 259.46% |
| RB OF CARDONA (RIZAL) INC | 298,277,829.32 | 119,739,699.49 | 249.11% |
| MALAYAN BANK SAVINGS AND MORT BANK INC | 3,603,626,987.06 | 1,450,421,091.32 | 248.45% |
| UNITED COCONUT PLANTERS BANK | 18,892,313,076.33 | 7,829,198,136.33 | 241.31% |
| RB OF MIDSAYAP INC | 235,527,461.75 | 103,381,730.49 | 227.82% |
| RB OF PILAR (BATAAN) INC | 337,338,984.22 | 152,706,485.36 | 220.91% |
| BANK OF CHINA LIMITED-MANILA BRANCH | 19,418,011,848.98 | 10,072,962,874.79 | 192.77% |
| RANG-AY BANK INC (A RURAL BANK) | 896,073,163.77 | 469,875,846.12 | 190.70% |
| YUANTA SAVINGS BANK PHILIPPINES INC | 1,817,124,719.29 | 991,594,566.36 | 183.25% |
| RB OF GENERAL TRIAS INC | 242,287,797.03 | 141,057,528.85 | 171.77% |
| RB OF SAN MATEO(ISABELA) INC | 237,642,482.52 | 138,529,764.18 | 171.55% |
| RB OF BAMBANG (NUEVA VIZCAYA) INC | 231,661,890.27 | 138,206,742.03 | 167.62% |
| AMA RURAL BANK OF MANDALUYONG INC | 1,406,003,291.02 | 891,921,691.63 | 157.64% |
| PLANBANK "RB OF CANLUBANG PLANTERS INC" | 241,150,917.52 | 154,423,979.91 | 156.16% |
| RCBC SAVINGS BANK INC | 23,361,062,622.95 | 15,154,113,922.64 | 154.16% |
| GRAND-AGRI RURAL BANK | 89,264,540.89 | 58,527,467.81 | 152.52% |
| COUNTRY BUILDERS BANK INC (A RURAL BANK) | 557,926,263.09 | 368,211,887.04 | 151.52% |
| RB OF SAN LUIS (PAMPANGA) INC | 169,791,281.12 | 112,892,106.41 | 150.40% |
| ENTERPRISE BANK INC (A THRIFT BANK) | 614,529,364.80 | 416,558,371.02 | 147.53% |
| RB OF MARIA AURORA (AURORA) INC | 321,352,013.84 | 238,942,441.99 | 134.49% |
| LUZON DEVELOPMENT BANK | 934,164,004.10 | 735,120,909.19 | 127.08% |
| COMMON WEALTH RURAL BANK INC | 161,737,784.25 | 134,316,764.09 | 120.42% |
| CHINA BANK SAVINGS INC | 14,001,639,515.99 | 11,672,982,591.41 | 119.95% |
| EQUICOM SAVINGS BANK INC | 1,229,477,116.28 | 1,032,700,546.10 | 119.05% |
| RB OF BAYOMBONG INC | 208,500,222.30 | 180,621,948.11 | 115.43% |
| GATEWAY RURAL BANK INC | 139,355,243.55 | 122,718,695.67 | 113.56% |
| RB OF SAN NARCISO INC | 57,609,782.92 | 51,598,577.94 | 111.65% |
| PHIL BANK OF COMMUNICATIONS | 14,076,985,661.05 | 12,724,060,977.65 | 110.63% |
| UCPB SAVINGS BANK | 3,733,053,169.68 | 3,431,124,571.20 | 108.80% |
| GM BANK OF LUZON INC (A RURAL BANK) | 526,054,165.25 | 495,670,348.90 | 106.13% |
| PEOPLES BANK OF CARAGA INC (A RURAL BANK) | 441,756,111.36 | 421,692,152.80 | 104.76% |
| ASIA UNITED BANK CORPORATION | 30,772,524,359.16 | 30,368,926,156.25 | 101.33% |
| CORDILLERA SAVINGS BANK INC | 133,245,472.70 | 137,464,721.38 | 96.93% |
| ILOCOS CONSOLIDATED COOPERATIVE BANK | 272,478,345.83 | 282,316,631.55 | 96.52% |
| NORTH PACIFIC BANKING CORPORATION (A RB OF STA MARIA ISABELA | 70,465,556.94 | 74,503,135.57 | 94.58% |
| BOF INC (A RURAL BANK) | 594,420,491.26 | 636,921,968.52 | 93.33% |
| D' ASIAN HILLS BANK INC (A RURAL BANK) | 167,374,297.45 | 182,667,273.01 | 91.63% |
| ENTREPRENEUR RB INC | 82,978,988.44 | 92,511,237.84 | 89.70% |
| BATAAN DEVELOPMENT BANK | 104,272,929.55 | 118,200,818.90 | 88.22% |
| RB OF MAGDALENA (LAGUNA) INC | 111,841,123.56 | 129,674,268.10 | 86.25% |
| BANGKO MABUHAY (A RURAL BANK) INC | 292,346,604.23 | 339,618,717.24 | 86.08% |
| LIBERTY BANK (A RURAL BANK) INC | 64,466,565.80 | 76,850,630.93 | 83.89% |
| AGRIBUSINESS RURAL BANK INC | 821,311,396.84 | 1,002,041,242.80 | 81.96% |
| RB OF MIAGAO (ILOILO) INC | 88,335,698.56 | 108,272,092.04 | 81.59% |
| CONSOLIDATED COOPERATIVE BANK | 444,429,861.24 | 546,401,183.10 | 81.34% |
| MAYBANK PHILIPPINES INCORPORATED | 12,471,336,796.95 | 15,629,031,815.02 | 79.80% |
| PBCOM RURAL BANK INC | 738,024,256.00 | 927,489,160.41 | 79.57% |
| RB OF ITOGON (BENGUET) INC | 105,712,393.49 | 132,911,006.61 | 79.54% |
| LEGAZPI SAVINGS BANK INC | 653,430,626.13 | 829,066,116.78 | 78.82% |
| MT CARMEL RURAL BANK INC | 284,605,757.35 | 364,113,753.23 | 78.16% |
| BDO PRIVATE BANK, INC. | 4,162,033,554.29 | 5,447,616,795.43 | 76.40% |
| PRODUCERS SAVINGS BANK CORPORATION | 1,772,752,523.92 | 2,321,314,733.54 | 76.37% |
| NEW RB OF SAN LEONARDO(N.E.) INC | 188,379,253.29 | 250,454,948.80 | 75.21% |
| ALIAGA FARMERS RURAL BANK INC | 135,985,614.34 | 186,124,474.85 | 73.06% |
| DUMAGUETE CITY DEV BANK INC | 240,786,964.65 | 332,628,399.87 | 72.39% |
| PHIL STAR DEVELOPMENT BANK INC | 79,869,513.78 | 110,492,220.27 | 72.29% |
| CANTILAN BANK INC (A RURAL BANK) | 426,708,259.29 | 596,102,436.60 | 71.58% |
| CITY SAVINGS BANK INC | 11,289,583,556.28 | 16,056,946,319.69 | 70.31% |
| SUGBUANON RB INC | 79,171,152.12 | 113,285,345.58 | 69.89% |
| COOPERATIVE BANK OF NUEVA VIZCAYA | 74,221,923.62 | 106,266,823.22 | 69.84% |
| EAST WEST BANKING CORP | 34,187,594,433.12 | 49,150,232,158.42 | 69.56% |
| STERLING BANK OF ASIA INC (A SAVINGS BANK) | 2,490,893,504.75 | 3,604,745,737.14 | 69.10% |
| PHIL SAVINGS BANK | 24,370,090,242.12 | 35,267,890,986.65 | 69.10% |
| PNB SAVINGS BANK | 8,621,149,164.27 | 12,580,229,080.51 | 68.53% |
| RNG COASTAL BANK INC(A RURAL BANK) | 117,258,362.11 | 173,280,870.87 | 67.67% |
| GOLDEN RURAL BANK OF THE PHILIPPINES INC | 51,473,103.62 | 76,590,243.22 | 67.21% |
| RB OF MABALACAT INC | 67,457,059.43 | 102,651,372.66 | 65.71% |
| PENBANK INC (A PDB) (FORMERLY: PENINSULA RB INC) | 377,857,003.01 | 591,938,063.50 | 63.83% |
| COOPERATIVE BANK OF BOHOL | 71,281,503.41 | 111,888,516.89 | 63.71% |
| BPI DIRECT BANKO INC A SAVINGS BANK | 1,992,445,538.91 | 3,130,484,252.98 | 63.65% |
| INSULAR SAVERS BANK INC (A RURAL BANK) | 494,271,542.62 | 780,916,599.89 | 63.29% |
| SOUTH BANK (A RURAL BANK) INC | 56,742,913.40 | 89,783,878.79 | 63.20% |
| MVSM BANK (A RURAL BANK SINCE 1953) INC | 99,942,984.26 | 160,299,337.27 | 62.35% |
| MINDANAO CONSOLIDATED COOPERATIVE BANK | 272,883,334.08 | 439,887,873.62 | 62.03% |
| FILIDIAN RURAL BANK OF ANTIPOLO INC | 93,372,771.90 | 153,486,975.62 | 60.83% |
| STANDARD CHARTERED BANK | 5,373,424,481.02 | 8,846,957,356.67 | 60.74% |
| COOP BANK OF PALAWAN | 139,425,829.79 | 231,701,595.85 | 60.17% |
| MALARAYAT RB INC | 120,479,758.55 | 200,280,873.17 | 60.16% |
| UNIVERSITY SAVINGS BANK INC | 269,700,738.05 | 459,411,518.53 | 58.71% |
| RB OF POZORRUBIO INC | 26,375,985.17 | 45,908,824.77 | 57.45% |
| BANGKOK BANK PUBLIC CO LTD | 2,966,594,387.27 | 5,190,893,397.00 | 57.15% |
| RB OF GATTARAN (CAGAYAN) INC | 57,627,930.02 | 102,340,394.64 | 56.31% |
| CITIBANK, N.A. | 9,628,482,067.38 | 17,116,379,126.45 | 56.25% |
| PANGASINAN BANK (A RB) INC | 48,959,028.81 | 87,138,410.18 | 56.19% |
| RB OF LEBAK (SULTAN KUDARAT) INC | 69,977,544.14 | 125,567,323.31 | 55.73% |
| HIGHLAND RURAL BANK INC | 90,219,323.82 | 162,069,267.73 | 55.67% |
| MACTAN RURAL BANK (LAPU-LAPU CITY) INC | 122,109,730.04 | 220,507,608.17 | 55.38% |
| RB OF SAN PASCUAL(OBANDO BULACAN)INC | 41,650,378.26 | 78,609,299.96 | 52.98% |
| CAMALIG BANK INC (A RURAL BANK) | 170,381,950.51 | 323,772,346.89 | 52.62% |
| HONGKONG & SHANGHAI BANKING CORP | 8,210,686,020.99 | 15,838,450,171.78 | 51.84% |
| HIYAS BANKING CORPORATION | 108,703,175.81 | 209,773,291.17 | 51.82% |
| BALANGA RURAL BANK, INC. | 43,805,419.91 | 84,673,174.79 | 51.73% |
| FIRST TAGUM RURAL BANK INC | 171,084,275.78 | 332,382,590.44 | 51.47% |
| RB OF PORAC (PAMPANGA) INC | 167,091,527.09 | 325,635,347.77 | 51.31% |
| COMMTY RB OF CATMON (CEBU) INC | 74,244,723.38 | 145,710,626.88 | 50.95% |
| MARITIME SAVINGS BANK CORPORATION | 30,954,958.31 | 61,041,130.40 | 50.71% |
| RB OF DUMANGAS INC | 51,733,791.85 | 103,360,851.75 | 50.05% |
| DEUTSCHE BANK AG | 1,168,267,614.63 | 2,396,352,191.68 | 48.75% |
| DUNGGANON BANK (A MICROFINANCE RURAL BANK) INC | 89,744,900.36 | 184,618,642.56 | 48.61% |
| ASPAC RURAL BANK INC | 168,478,729.90 | 346,791,398.17 | 48.58% |
| BANCO MEXICO INC (A RURAL BANK) | 28,650,530.03 | 59,355,875.50 | 48.27% |
| ONE NETWORK BANK INC (A RURAL BANK OF BDO) | 3,840,053,714.85 | 8,089,401,980.22 | 47.47% |
| RB OF MARAGONDON INC | 36,815,105.40 | 77,690,424.53 | 47.39% |
| RB OF ALABEL (SARANGANI) INC | 51,725,075.53 | 111,465,229.10 | 46.40% |
| RB OF SAN AGUSTIN (ISABELA) INC | 26,679,343.46 | 58,169,989.90 | 45.86% |
| RB OF BAGABAG (N.V.)INC | 83,144,423.77 | 182,147,954.52 | 45.65% |
| BANGKO KABAYAN INC (A PRIVATE DEVELOPMENT BANK) | 249,750,974.35 | 548,008,895.03 | 45.57% |
| MALLIG PLAINS RURAL BANK (ISABELA) INC | 61,925,192.52 | 136,530,141.09 | 45.36% |
| CITYSTATE SAVINGS BANK INC | 316,176,211.54 | 699,825,126.10 | 45.18% |
| WEALTH DEVELOPMENT BANK CORPORATION | 736,941,285.86 | 1,645,644,210.64 | 44.78% |
| UNION BANK OF THE PHILS | 38,969,935,864.31 | 89,214,930,602.98 | 43.68% |
| BANK OF MAKATI (A SAVINGS BANK) INC | 4,890,044,504.71 | 11,205,272,419.06 | 43.64% |
| BANKWAYS INC (A RURAL BANK) | 116,170,606.27 | 266,417,099.11 | 43.60% |
| PAMPANGA DEVELOPMENT BANK | 123,825,534.01 | 285,573,747.83 | 43.36% |
| RB OF ANGELES INC | 269,851,490.94 | 629,240,363.97 | 42.89% |
| BPI FAMILY SAVINGS BANK INC | 16,573,362,190.71 | 38,861,155,465.41 | 42.65% |
| DEVELOPMENT BANK OF THE PHIL | 25,801,177,368.47 | 61,874,735,961.78 | 41.70% |
| FARMERS SAVINGS & LOAN BANK INC | 65,207,794.35 | 157,860,590.95 | 41.31% |
| COOP BANK OF QUEZON PROVINCE | 52,015,263.32 | 128,707,434.21 | 40.41% |
| PHIL NATIONAL BANK | 55,605,626,144.36 | 137,813,567,606.80 | 40.35% |
| RURAL BANK OF PLACER (SURIGAO DEL NORTE) INC | 57,038,170.52 | 141,688,066.42 | 40.26% |
| BANK ONE SAVINGS CORPORATION | 256,254,263.06 | 659,011,860.35 | 38.88% |
| BHF RURAL BANK INC | 131,529,094.26 | 338,561,087.96 | 38.85% |
| BANCO LAGUNA INC (A RURAL BANK SINCE 1965) | 53,363,568.03 | 137,712,757.55 | 38.75% |
| 1ST VALLEY BANK INC A DEVELOPMENT BANK | 892,052,204.44 | 2,308,256,841.23 | 38.65% |
| GUAGUA RURAL BANK INC | 426,682,156.60 | 1,162,682,583.95 | 36.70% |
| EAST WEST RURAL BANK INC | 1,573,635,731.21 | 4,310,407,604.52 | 36.51% |
| BANK OF COMMERCE | 6,511,420,160.63 | 18,044,806,357.09 | 36.08% |
| METRO SOUTH COOP BANK | 352,131,722.75 | 980,288,350.16 | 35.92% |
| LAGUNA PRESTIGE BANKING CORPORATION (A RURAL BANK) | 86,443,080.93 | 241,396,604.12 | 35.81% |
| PHILIPPINE BUSINESS BANK INC A SAVINGS BANK | 4,442,867,700.19 | 12,439,924,684.14 | 35.71% |
| CHINA BANKING CORP | 30,180,270,806.33 | 85,200,163,035.21 | 35.42% |
| SUMMIT BANK (RB OF TUBLAY INC) | 137,778,132.44 | 389,608,560.92 | 35.36% |
| RURAL BANK OF SAN ANTONIO INC | 56,957,761.86 | 161,426,927.72 | 35.28% |
| CEBUANA LHUILLIER RB INC | 55,615,062.76 | 160,094,631.70 | 34.74% |
| RB OF PARACALE(CAMARINES NORTE) INC | 37,678,040.38 | 111,382,451.31 | 33.83% |
| ALLBANK (A THRIFT BANK) INC | 371,473,554.34 | 1,111,732,823.92 | 33.41% |
| SUN SAVINGS BANK INC | 103,239,088.80 | 312,806,264.05 | 33.00% |
| MIZUHO BANK LTD - MANILA BRANCH | 1,938,450,219.74 | 5,914,791,487.34 | 32.77% |
| COOP BANK OF COTABATO | 239,188,237.26 | 741,250,728.35 | 32.27% |
| LIFE SAVINGS BANK INC | 24,746,926.66 | 77,384,209.92 | 31.98% |
| RB OF GUINOBATAN INC | 39,997,429.96 | 126,685,656.46 | 31.57% |
| RB OF MANGALDAN INC(BANGKO RURAL NG MANGALDAN INK) | 25,765,355.62 | 82,194,639.82 | 31.35% |
| RB OF BAY INC | 21,636,367.50 | 69,057,361.37 | 31.33% |
| KATIPUNAN BANK INC "A RURAL BANK" | 162,490,335.73 | 529,441,754.98 | 30.69% |
| PHIL TRUST COMPANY | 7,933,517,734.05 | 26,146,818,307.71 | 30.34% |
| QUEZON CAPITAL RB INC | 120,312,566.55 | 396,902,024.59 | 30.31% |
| RB OF SOLANO (NUEVA VIZCAYA) INC | 66,711,936.62 | 221,356,931.04 | 30.14% |
| RB OF DIGOS INC | 67,455,598.76 | 225,000,071.66 | 29.98% |
| RB OF STA ROSA DE LIMA (PANIQUI TARLAC) INC | 51,404,222.67 | 172,046,632.60 | 29.88% |
| RIZAL COMM'L BANKING CORP | 25,500,563,559.88 | 85,470,439,108.37 | 29.84% |
| CARD SME BANK INC A THRIFT BANK | 389,846,844.71 | 1,331,836,797.92 | 29.27% |
| IMUS RURAL BANK INC | 63,632,621.26 | 218,256,350.79 | 29.15% |
| ZAMBALES RURAL BANK INC | 51,447,292.74 | 177,322,350.28 | 29.01% |
| NORTHPOINT DEV'T BANK INC | 131,236,554.54 | 457,496,311.53 | 28.69% |
| FIRST ISABELA COOP BANK (FICOBANK) | 280,718,955.05 | 980,867,373.21 | 28.62% |
| MARAYO BANK INC (A RURAL BANK) | 200,813,020.77 | 704,274,023.68 | 28.51% |
| STA MARIA RURAL BANK INC | 23,217,001.11 | 82,529,050.40 | 28.13% |
| RB OF CAUAYAN INC | 75,272,975.00 | 270,907,379.62 | 27.79% |
| LAND BANK OF THE PHILIPPINES | 37,366,363,527.20 | 135,325,758,615.41 | 27.61% |
| QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK A THRIFT BANK | 188,700,276.36 | 685,637,183.07 | 27.52% |
| METROPOLITAN BANK & TCO | 82,587,807,107.21 | 300,682,620,397.40 | 27.47% |
| SECURED BANK INC (A RB) | 36,862,518.09 | 136,953,488.47 | 26.92% |
| RB OF PILAR (SORSOGON) INC | 24,527,703.32 | 91,497,814.75 | 26.81% |
| RB OF TANGUB CITY (MIS OCC) INC | 32,955,982.02 | 123,419,793.64 | 26.70% |
| MANOR BANK - A RURAL BANK CORP | 30,235,128.02 | 116,814,079.81 | 25.88% |
| FIRST CONSOLIDATED BANK INC (A PDB) | 1,383,911,128.71 | 5,366,337,905.94 | 25.79% |
| CARD MRI RIZAL BANK INC A MICROFINANCE-ORIENTED RURAL BANK | 225,777,378.87 | 877,602,218.51 | 25.73% |
| AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED | 1,104,593,061.56 | 4,332,248,668.37 | 25.50% |
| ROBINSONS BANK CORPORATION | 4,363,064,360.87 | 17,214,406,368.00 | 25.35% |
| BANGKO MONTANOSA INC (A RURAL BANK) | 28,492,507.77 | 114,379,348.21 | 24.91% |
| BDO UNIBANK INC | 88,428,521,564.24 | 364,817,443,178.36 | 24.24% |
| RB OF ROSARIO (LA UNION) INC | 15,550,639.20 | 66,597,790.42 | 23.35% |
| QUEZON COCONUT BANK INC (A THRIFT BANK) | 13,543,652.34 | 58,319,772.81 | 23.22% |
| CENTURY RURAL BANK INC | 18,933,747.10 | 82,250,485.27 | 23.02% |
| SECURITY BANK CORP | 26,120,734,399.33 | 114,628,845,206.45 | 22.79% |
| CTBC BANK (PHILIPPINES) CORP | 1,867,728,362.45 | 8,283,297,751.74 | 22.55% |
| HSBC SAVINGS BANK(PHILS) INC | 392,271,895.65 | 1,768,961,397.29 | 22.18% |
| BANK OF THE PHIL ISLANDS | 55,987,705,320.35 | 263,418,851,325.43 | 21.25% |
| JP MORGAN CHASE BANK NATIONAL ASSN. | 558,435,013.83 | 2,706,099,000.00 | 20.64% |
| AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS | 34,450,559.45 | 168,600,350.60 | 20.43% |
| RIZAL MICROBANK INC - A THRIFT BANK OF RCBC | 127,214,702.19 | 629,146,504.68 | 20.22% |
| CARD BANK INC (A MF RB) | 721,070,009.99 | 3,571,236,438.14 | 20.19% |
| RB OF POLA (ORIENTAL MINDORO) INC | 64,590,962.10 | 326,284,603.92 | 19.80% |
| NATIONAL TEACHERS & EMP. COOP BANK | 26,242,681.31 | 134,723,664.75 | 19.48% |
| RB OF RIZAL (ZAMBOANGA DEL NORTE) INC | 32,211,834.81 | 169,341,998.82 | 19.02% |
| RB OF MONTALBAN INC | 11,991,367.67 | 64,003,379.56 | 18.74% |
| MEGA INT'L COMM'L BANK CO LTD | 676,135,500.42 | 3,628,032,485.48 | 18.64% |
| RB OF ANTIPOLO INC | 22,576,560.28 | 121,267,664.54 | 18.62% |
| RBT BANK INC A RURAL BANK | 34,566,620.32 | 195,590,035.67 | 17.67% |
| PACIFIC ACE SAVINGS BANK INC | 14,505,597.47 | 84,179,592.65 | 17.23% |
| GUAGUA SAVERS BANK(A RB) INC | 13,999,474.25 | 83,875,463.42 | 16.69% |
| LIFEBANK- A RURAL BANK | 45,295,584.10 | 287,004,674.50 | 15.78% |
| ING BANK N.V. | 406,355,695.38 | 2,629,866,120.79 | 15.45% |
| CAVITE UNITED RURAL BANK CORP | 65,662,148.44 | 428,706,702.37 | 15.32% |
| CENTURY SAVINGS BANK CORPORATION | 135,195,792.93 | 995,218,412.60 | 13.58% |
| RB OF BARILI (CEBU) INC | 54,663,325.04 | 402,922,692.10 | 13.57% |
| RB OF PANDI (BULACAN) INC | 34,208,542.21 | 261,785,685.46 | 13.07% |
| RB OF STA IGNACIA INC | 16,073,593.14 | 129,105,109.81 | 12.45% |
| METRO CEBU PUBLIC SAVINGS BANK | 10,729,003.94 | 97,374,978.17 | 11.02% |
| LEMERY SAVINGS & LOAN BANK, INC. | 9,427,126.30 | 91,289,897.49 | 10.33% |
| RB OF GLORIA (OR MIN) INC | 5,402,977.96 | 100,445,655.48 | 5.38% |
| ISLA BANK(A THRIFT BANK) INC | 34,106,146.57 | 763,882,291.07 | 4.46% |
| INNOVATIVE BANK INC (A RURAL BANK) | 14,218,566.17 | 360,541,097.28 | 3.94% |
| CIMB BANK PHILIPPINES INC | 101,519,920.95 | 3,185,393,815.71 | 3.19% |
| MUFG BANK, LTD. | 148,142,874.52 | 4,967,280,425.75 | 2.98% |
| INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED - MANILA BRA | 99,566,216.41 | 3,979,221,706.00 | 2.50% |
| KEB HANA BANK - MANILA BRANCH | 73,150,266.12 | 3,222,342,824.15 | 2.27% |
| BANK OF AMERICA N.A. | 43,398,478.76 | 2,104,462,104.25 | 2.06% |
| SHINHAN BANK - MANILA BRANCH | 30,627,286.08 | 4,242,466,409.48 | 0.72% |
| HUA NAN COMMERCIAL BANK LTD MANILA BRANCH | 13,004,573.05 | 2,106,396,419.86 | 0.62% |
| SUMITOMO MITSUI BANKING CORPORATION-MANILA BRANCH | 68,677,723.27 | 13,018,551,099.27 | 0.53% |
| UNITED OVERSEAS BANK LIMITED MANILA BRANCH | 12,348,644.90 | 2,386,665,044.24 | 0.52% |
| FIRST COMMERCIAL BANK LTD MANILA BRANCH | 8,387,099.45 | 2,030,837,132.34 | 0.41% |
| CATHAY UNITED BANK CO LTD - MANILA BRANCH | 20,433,104.59 | 5,280,258,381.22 | 0.39% |
| CHANG HWA COMMERCIAL BANK LTD - MANILA BRANCH | 6,542,787.61 | 2,157,141,783.00 | 0.30% |
| INDUSTRIAL BANK OF KOREA MANILA BRANCH | 9,567,605.64 | 3,977,221,818.38 | 0.24% |
| VALIANT BANK INC (A RURAL BANK) | NA | NA | NA |
| BUSINESS AND CONSUMERS BANK (A DB) | NA | NA | NA |
| COOP BANK OF BENGUET (CBB) | NA | NA | NA |
| LAGAWE HIGHLANDS RB INC | NA | NA | NA |
| MERCHANTS SAVINGS & LOAN ASSN INC | NA | NA | NA |
| OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE RURAL BANK) | NA | NA | NA |
| PROGRESSIVE BANK INC (PROGRESSIVE A RURAL BANK INC) | NA | NA | NA |
| RB OF DOLORES (QUEZON) INC | NA | NA | NA |
| RBG IMPERIAL BANK INC(A RURAL BANK) | NA | NA | NA |
| Grand Total | 818,881,103,892.27 | 2,202,784,701,012.42 | 37.17% |
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 March 31, 2019 and June 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.
