Overstated Capital of Philippine Banks as of December 31, 2019

Overstated Capital

On July 25, 2012, the Bangko Sentral ng Pilipinas (BSP) encouraged banks that continue to reflect unbooked losses or "deferred charges" on their balance sheets to charge those losses against retained earnings.  This implies that the BSP now considers that these banks have amassed so much in Stockholder's Equity (SE) and Retained Earnings (RE) that "they can now afford to absorb higher charges without impairing their capital and also without making their shareholders unhappy."

But can these banks do so? The answer is: yes but only for some banks.  As can be seen from the table below, four banks have Deferred Charges as of December 31, 2019. Fortunately, only one bank has deferred charges large enough to adversely impact its Stockholder's Equity (SE): Rural Bank of Mabalacat. It's Deferred Charges will reduce 33.00% of its Stockholder's Equity.
 
Retained Earnings
 
Three banks on the list have sufficient Retained Earnings (RE) to absorb their unbooked losses as of December 31, 2019. Rural Bank of Mabalacat has negative Retained Earnings of Php 14.82 million, which will increase its Retained Earnings to a negative Php 36.24 million. 

 Source: www.bsp.gov.ph

The Financial Strength of Philippine Banks according to BSP: From Weakest to Strongest - As of December 31, 2019

Capital Adequacy Ratios:    

A bank's Capital Adequacy Ratio is a measure of a bank's capital and financial strength. BSP requires Philippine banks to measure their capital adequacy in at least three defined ratios:

1. Total Capital Adequacy Ratio
2. Tier One Capital Adequacy Ratio
3. Common Tier One Adequacy Ratio.

For a more detailed understanding of these ratios, you can consult BSP's own implementation guidelines, Investopedia.com, or numerous past posts about this subject.

The basic idea behind these ratios is that the higher the ratio, the more solid the bank is in financial strength, the greater it's ability to absorb losses.  BSP's own minimum for most of these ratios is 6.00 but it generally recommends a minimum of 10.00, especially for large and more systemically important banks (those that are Too Big To Fail or TBTF for short).

 
Every quarter, several Philippine Banks do not meet these guidelines. As of December 31, 2019, the banks that failed to meet BSP's recommended minimum capital requirements are as follows:


 TOTAL CAR:  

1. United Coconut Planters Bank (Total CAR of 6.08)

TIER ONE CAR

Three banks reported Tier One CAR of 0.00 as of December 31, 2019. Of those that did report Tier One CAR other than 0.00, ten banks have less than the BSP-recommended Tier One CARs of 10.00. These banks are:

1. CARD MRI Rizal Bank Inc (Tier One CAR of 0.17)
2. United Coconut Planters Bank (Tier One CAR of 6.08)
3. Sterling Bank of Asia Inc (Tier One CAR of 7.10)
4. Enterprise Bank Inc (Tier One CAR of 8.32)
5. GM Bank of Luzon Inc (Tier One CAR of 9.04)
6. Gateway Rural Bank Inc (Tier One CAR of 9.72)
7. Philippine Veterans Bank (Tier One CAR of 9.74)

COMMON EQUITY TIER ONE CAR

The BSP's reporting guidelines on the Common Equity Tier One CAR (CET1) only took effect as of January 1, 2014.  Banks only started reporting this ratio in their Published Statements of Condition for June 30, 2014.  One hundred sixty-nine banks reported their CET1 Ratio as 0.00 for December 31, 2019.

However, of those banks that did report a CET1 Ratio other than 0.00, only Philippine Veterans Bank reported a CET1 Ratio below BSP's recommended ratio (CET1 Ratio of 8.59).

The Total CAR, Tier 1 CAR, and Common Equity Tier 1 CAR of Philippine Banks as of December 31, 2019 is as follows:(Banks that do not meet BSP's recommended capital requirements are highlighted in yellow):

 

Philippine Banking System
TOTAL CAR
December 31, 2019
Bank	Type of Bank	Total CAR
UNITED COCONUT PLANTERS BANK	U/KB	6.08
AGRIBUSINESS RURAL BANK INC	Rural	10.07
RB OF PILAR (SORSOGON) INC	Rural	10.78
GM BANK OF LUZON INC (A RURAL BANK)	Rural	10.81
PHILIPPINE VETERANS BANK	U/KB	10.84
ENTERPRISE BANK INC (A THRIFT BANK)	Thrift	10.97
RB OF SAN PASCUAL(OBANDO BULACAN)INC	Rural	11.23
STERLING BANK OF ASIA INC (A SAVINGS BANK)	Thrift	11.32
LUZON DEVELOPMENT BANK	Thrift	11.65
FARMERS SAVINGS & LOAN BANK INC	Thrift	11.74
CHINA BANKING CORP	U/KB	11.79
CHINA BANK SAVINGS INC	Thrift	11.86
EAST WEST RURAL BANK INC	Rural	11.94
ZAMBALES RURAL BANK INC	Rural	12.05
VILLAGE BANK INC (A RURAL BANK)	Rural	12.19
RB OF PILAR (BATAAN) INC	Rural	12.31
PRODUCERS SAVINGS BANK CORPORATION	Thrift	12.39
COOPERATIVE BANK OF BOHOL	Rural	12.44
FIRST AGRO-INDUSTRIAL RB INC (FAIRBANK)	Rural	12.50
RB OF SAN AGUSTIN (ISABELA) INC	Rural	12.55
PHIL NATIONAL BANK	U/KB	12.83
GATEWAY RURAL BANK INC	Rural	12.89
EQUICOM SAVINGS BANK INC	Thrift	12.90
EAST WEST BANKING CORP	U/KB	13.00
CANTILAN BANK INC (A RURAL BANK)	Rural	13.04
PEOPLES BANK OF CARAGA INC (A RURAL BANK)	Rural	13.07
BENGUET CENTER BANK INC A RB	Rural	13.09
RIZAL COMM'L BANKING CORP	U/KB	13.16
MALLIG PLAINS RURAL BANK (ISABELA) INC	Rural	13.19
RB OF POZORRUBIO INC	Rural	13.26
PLANBANK "RB OF CANLUBANG PLANTERS INC"	Rural	13.28
CITYSTATE SAVINGS BANK INC	Thrift	13.50
RB OF SAN MATEO(ISABELA) INC	Rural	13.50
UCPB SAVINGS BANK	Thrift	13.62
ILOCOS CONSOLIDATED COOPERATIVE BANK	Rural	13.63
LAND BANK OF THE PHILIPPINES	U/KB	13.64
SUMMIT BANK (RB OF TUBLAY INC)	Rural	13.69
BDO UNIBANK INC	U/KB	13.74
PHILIPPINE BUSINESS BANK INC A SAVINGS BANK	Thrift	13.79
COMMTY RB OF CATMON (CEBU) INC	Rural	13.83
DEVELOPMENT BANK OF THE PHIL	U/KB	13.90
COOP BANK OF CAGAYAN	Rural	13.99
BANCO MEXICO INC (A RURAL BANK)	Rural	14.33
RB OF CARDONA (RIZAL) INC	Rural	14.37
RB OF MABALACAT INC	Rural	14.47
MALAYAN BANK SAVINGS AND MORT BANK INC	Thrift	14.50
CITY SAVINGS BANK INC	Thrift	14.54
RB OF MARAGONDON INC	Rural	14.61
ENTREPRENEUR RB INC	Rural	14.65
CEBUANA LHUILLIER RB INC	Rural	14.86
RB OF LEBAK (SULTAN KUDARAT) INC	Rural	14.86
BANK OF THE PHIL ISLANDS	U/KB	14.93
UNION BANK OF THE PHILS	U/KB	14.95
RB OF JAEN INC	Rural	14.96
QUEZON CAPITAL RB INC	Rural	14.99
LIBERTY BANK (A RURAL BANK) INC	Rural	15.02
WEALTH DEVELOPMENT BANK CORPORATION	Thrift	15.09
COUNTRY BUILDERS BANK INC (A RURAL BANK)	Rural	15.14
CAMALIG BANK INC (A RURAL BANK)	Rural	15.21
PROGRESSIVE BANK INC (PROGRESSIVE A RURAL BANK INC)	Rural	15.26
LIPA BANK INC	Rural	15.29
MVSM BANK (A RURAL BANK SINCE 1953) INC	Rural	15.35
RB OF ANGELES INC	Rural	15.36
RB OF BAMBANG (NUEVA VIZCAYA) INC	Rural	15.36
MINDANAO CONSOLIDATED COOPERATIVE BANK	Rural	15.44
METROPOLITAN BANK & TCO	U/KB	15.46
METRO CEBU PUBLIC SAVINGS BANK	Thrift	15.49
INTER-ASIA DEVELOPMENT BANK	Thrift	15.57
CONSOLIDATED COOPERATIVE BANK	Rural	15.58
RB OF GATTARAN (CAGAYAN) INC	Rural	15.69
CITIBANK, N.A.	U/KB	15.74
RB OF SAN NARCISO INC	Rural	15.84
BANK OF COMMERCE	U/KB	15.93
BPI DIRECT BANKO INC A SAVINGS BANK	Thrift	16.05
RB OF ROSARIO (LA UNION) INC	Rural	16.06
RB OF TANGUB CITY (MIS OCC) INC	Rural	16.12
RB OF GUINOBATAN INC	Rural	16.14
RB OF DUMANGAS INC	Rural	16.17
METRO SOUTH COOP BANK	Rural	16.33
BOF INC (A RURAL BANK)	Rural	16.35
RB OF BAY INC	Rural	16.39
GOLDEN RURAL BANK OF THE PHILIPPINES INC	Rural	16.44
PHIL BANK OF COMMUNICATIONS	U/KB	16.47
SUGBUANON RB INC	Rural	16.51
RB OF MANGALDAN INC(BANGKO RURAL NG MANGALDAN INK)	Rural	16.64
RB OF RIZAL (ZAMBOANGA DEL NORTE) INC	Rural	16.80
ALIAGA FARMERS RURAL BANK INC	Rural	16.91
PBCOM RURAL BANK INC	Rural	16.98
NEW RB OF SAN LEONARDO(N.E.) INC	Rural	17.02
MAYBANK PHILIPPINES INCORPORATED	U/KB	17.30
SECURITY BANK CORP	U/KB	17.46
KATIPUNAN BANK INC "A RURAL BANK"	Rural	17.53
RB OF DIGOS INC	Rural	17.55
ROBINSONS BANK CORPORATION	U/KB	17.57
PANGASINAN BANK (A RB) INC	Rural	17.66
PNB SAVINGS BANK	Thrift	17.68
PHIL SAVINGS BANK	Thrift	17.76
BANGKO MABUHAY (A RURAL BANK) INC	Rural	17.79
ASIA UNITED BANK CORPORATION	U/KB	17.86
RB OF ITOGON (BENGUET) INC	Rural	17.97
RB OF CAUAYAN INC	Rural	17.99
BDO NETWORK BANK	Rural	18.05
ASPAC RURAL BANK INC	Rural	18.18
BPI FAMILY SAVINGS BANK INC	Thrift	18.31
MACTAN RURAL BANK (LAPU-LAPU CITY) INC	Rural	18.53
CARD SME BANK INC A THRIFT BANK	Thrift	18.73
MIZUHO BANK LTD - MANILA BRANCH	U/KB	18.83
RB OF PORAC (PAMPANGA) INC	Rural	18.95
SAVIOUR RURAL BANK INC	Rural	19.02
BANKWAYS INC (A RURAL BANK)	Rural	19.17
CENTURY RURAL BANK INC	Rural	19.18
PACIFIC ACE SAVINGS BANK INC	Thrift	19.20
COOP BANK OF QUEZON PROVINCE	Rural	19.30
RB OF MAGDALENA (LAGUNA) INC	Rural	19.31
RB OF ANTIMONAN INC	Rural	19.35
COMMON WEALTH RURAL BANK INC	Rural	19.57
GUAGUA RURAL BANK INC	Rural	19.79
HIYAS BANKING CORPORATION	Thrift	19.86
NORTH PACIFIC BANKING CORPORATION (A RB OF STA MARIA ISABELA	Rural	19.86
CTBC BANK (PHILIPPINES) CORP	U/KB	19.97
HONGKONG & SHANGHAI BANKING CORP	U/KB	20.04
RB OF STA IGNACIA INC	Rural	20.04
CARD BANK INC (A MF RB)	Rural	20.05
RB OF PARACALE(CAMARINES NORTE) INC	Rural	20.14
BANGKO KABAYAN INC (A PRIVATE DEVELOPMENT BANK)	Thrift	20.18
CARD MRI RIZAL BANK INC A MICROFINANCE-ORIENTED RURAL BANK	Rural	20.27
RANG-AY BANK INC (A RURAL BANK)	Rural	20.34
OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE RURAL BANK)	Rural	20.50
COOPERATIVE BANK OF NUEVA VIZCAYA	Rural	20.80
RB OF CENTRAL PANGASINAN (BAYAMBANG) INC	Rural	20.86
DEUTSCHE BANK AG	U/KB	21.03
RB OF GENERAL TRIAS INC	Rural	21.04
BANGKO MONTANOSA INC (A RURAL BANK)	Rural	21.91
FIRST ISABELA COOP BANK INC(FICOBANK)	Rural	21.94
AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS	U/KB	22.02
COMMTY RB OF DAPITAN CITY INC	Rural	22.15
RB OF SAN LUIS (PAMPANGA) INC	Rural	22.29
SUN SAVINGS BANK INC	Thrift	22.30
1ST VALLEY BANK INC A DEVELOPMENT BANK	Thrift	22.32
STANDARD CHARTERED BANK	U/KB	22.40
IMUS RURAL BANK INC	Rural	22.46
MUFG BANK, LTD.	U/KB	22.69
BALANGA RURAL BANK, INC.	Rural	22.95
FIRST IMPERIAL BUSINESS BANK INC (A RURAL BANK)	Rural	22.95
HIGHLAND RURAL BANK INC	Rural	23.07
BATAAN DEVELOPMENT BANK	Thrift	23.13
PENBANK INC (A PDB) (FORMERLY: PENINSULA RB INC)	Thrift	23.24
MALARAYAT RB INC	Rural	23.36
UNIVERSITY SAVINGS BANK INC	Thrift	23.47
RB OF MONTALBAN INC	Rural	23.62
BANK OF MAKATI (A SAVINGS BANK) INC	Thrift	23.99
RURAL BANK OF SAN ANTONIO INC	Rural	24.24
LEGAZPI SAVINGS BANK INC	Thrift	24.65
COOP BANK OF PALAWAN	Rural	24.74
BAYBAY INC (A RURAL BANK)	Rural	24.83
MARAYO BANK INC (A RURAL BANK)	Rural	25.09
RBT BANK INC A RURAL BANK	Rural	25.71
LIFE SAVINGS BANK INC	Thrift	25.82
BANCO LAGUNA INC (A RURAL BANK SINCE 1965)	Rural	25.92
RURAL BANK OF PLACER (SURIGAO DEL NORTE) INC	Rural	26.05
DUMAGUETE CITY DEV BANK INC	Thrift	26.29
COOP BANK OF COTABATO	Rural	26.37
BDO PRIVATE BANK, INC.	U/KB	26.53
RB OF BAGABAG (N.V.)INC	Rural	27.37
RB OF BAYOMBONG INC	Rural	27.68
LIFEBANK- A RURAL BANK	Rural	27.70
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED	U/KB	28.34
RB OF BARILI (CEBU) INC	Rural	28.41
RB OF DULAG (LEYTE) INC	Rural	28.43
FIRST TAGUM RURAL BANK INC	Rural	28.71
RB OF MIAGAO (ILOILO) INC	Rural	28.72
RB OF BROOKE'S POINT (PALAWAN) INC	Rural	29.14
RIZAL MICROBANK INC - A THRIFT BANK OF RCBC	Thrift	29.46
SECURED BANK INC (A RB)	Rural	29.55
MARITIME SAVINGS BANK CORPORATION	Thrift	29.86
MAKILING DEVELOPMENT BANK CORPORATION	Thrift	30.76
RB OF SAN JOSE (CAMARINES SUR) INC	Rural	31.52
BANK OF CHINA LIMITED-MANILA BRANCH	U/KB	31.99
RB OF ALABEL (SARANGANI) INC	Rural	32.52
GUAGUA SAVERS BANK(A RB) INC	Rural	33.19
SUMITOMO MITSUI BANKING CORPORATION-MANILA BRANCH	U/KB	33.90
MEGA INT'L COMM'L BANK CO LTD	U/KB	34.14
RB OF MARIA AURORA (AURORA) INC	Rural	34.33
LEMERY SAVINGS & LOAN BANK, INC.	Thrift	35.38
QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK A THRIFT BANK	Thrift	35.61
FIRST CONSOLIDATED BANK INC (A PDB)	Thrift	36.28
NORTHPOINT DEV'T BANK INC	Thrift	36.74
ALLBANK (A THRIFT BANK) INC	Thrift	36.86
CORDILLERA SAVINGS BANK INC	Thrift	37.00
RB OF MIDSAYAP INC	Rural	37.78
RB OF SOLANO (NUEVA VIZCAYA) INC	Rural	38.41
BANGKO CARRASCAL INC (A RB)	Rural	38.91
DUNGGANON BANK (A MICROFINANCE RURAL BANK) INC	Rural	39.45
NATIONAL TEACHERS & EMP. COOP BANK	Rural	39.49
BHF RURAL BANK INC	Rural	41.43
RNG COASTAL BANK INC(A RURAL BANK)	Rural	43.75
LAGUNA PRESTIGE BANKING CORPORATION (A RURAL BANK)	Rural	44.05
RB OF GLORIA (OR MIN) INC	Rural	45.05
CAVITE UNITED RURAL BANK CORP	Rural	45.11
PHIL TRUST COMPANY	U/KB	45.55
MANOR BANK - A RURAL BANK CORP	Rural	45.56
HSBC SAVINGS BANK(PHILS) INC	Thrift	48.47
KEB HANA BANK - MANILA BRANCH	U/KB	53.92
RB OF STA ROSA DE LIMA (PANIQUI TARLAC) INC	Rural	55.17
PAMPANGA DEVELOPMENT BANK	Thrift	58.30
FILIDIAN RURAL BANK OF ANTIPOLO INC	Rural	58.98
BANK ONE SAVINGS CORPORATION	Thrift	65.46
RB OF ANTIPOLO INC	Rural	67.41
ING BANK N.V.	U/KB	67.79
CENTURY SAVINGS BANK CORPORATION	Thrift	70.00
BANGKOK BANK PUBLIC CO LTD	U/KB	71.60
QUEZON COCONUT BANK INC (A THRIFT BANK)	Thrift	72.36
YUANTA SAVINGS BANK PHILIPPINES INC	Thrift	73.83
JP MORGAN CHASE BANK NATIONAL ASSN.	U/KB	76.29
UNITED OVERSEAS BANK LIMITED MANILA BRANCH	U/KB	80.60
CHANG HWA COMMERCIAL BANK LTD - MANILA BRANCH	U/KB	80.85
SHINHAN BANK - MANILA BRANCH	U/KB	83.02
INDUSTRIAL BANK OF KOREA MANILA BRANCH	U/KB	83.11
PHIL STAR DEVELOPMENT BANK INC	Thrift	91.12
CIMB BANK PHILIPPINES INC	U/KB	105.47
BANK OF AMERICA N.A.	U/KB	105.86
FIRST COMMERCIAL BANK LTD MANILA BRANCH	U/KB	115.87
HUA NAN COMMERCIAL BANK LTD MANILA BRANCH	U/KB	135.50
ISLA BANK(A THRIFT BANK) INC	Thrift	136.72
CATHAY UNITED BANK CO LTD - MANILA BRANCH	U/KB	149.66
INNOVATIVE BANK INC (A RURAL BANK)	Rural	189.08
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED - MANILA BRANCH	U/KB	191.98
RB OF POLA (ORIENTAL MINDORO) INC	Rural	303.34
ARDCIBANK INC A RURAL BANK	Rural	NA
BANCO SANTIAGO DE LIBON INC	Rural	NA
BUSINESS AND CONSUMERS BANK (A DB)	Thrift	NA
CITIZEN'S RB (CABIAO) INC	Rural	NA
COOP BANK OF BENGUET (CBB)	Rural	NA
CSFIRST BANK INC – A RURAL BANK	Rural	NA
D' ASIAN HILLS BANK INC (A RURAL BANK)	Rural	NA
GRAND-AGRI RURAL BANK	Rural	NA
INSULAR SAVERS BANK INC (A RURAL BANK)	Rural	NA
LAGAWE HIGHLANDS RB INC	Rural	NA
MERCHANTS SAVINGS & LOAN ASSN INC	Thrift	NA
MOUNT MAKILING RURAL BANK INC	Rural	NA
MT CARMEL RURAL BANK INC	Rural	NA
RB OF DOLORES (QUEZON) INC	Rural	NA
RB OF PANDI (BULACAN) INC	Rural	NA
RBG IMPERIAL BANK INC(A RURAL BANK)	Rural	NA
RCBC SAVINGS BANK INC	Thrift	NA
SOUTH BANK (A RURAL BANK) INC	Rural	NA
STA MARIA RURAL BANK INC	Rural	NA
TANAY RB INC	Rural	NA

 

Philippine Banking System
Tier 1 CAR
December 31, 2019
Bank	Type of Bank	Tier 1 CAR
PROGRESSIVE BANK INC (PROGRESSIVE A RURAL BANK INC)	Rural	0.00
RB OF SAN LUIS (PAMPANGA) INC	Rural	0.00
SUMMIT BANK (RB OF TUBLAY INC)	Rural	0.00
CARD MRI RIZAL BANK INC A MICROFINANCE-ORIENTED RURAL BANK	Rural	0.17
UNITED COCONUT PLANTERS BANK	U/KB	6.08
STERLING BANK OF ASIA INC (A SAVINGS BANK)	Thrift	7.10
ENTERPRISE BANK INC (A THRIFT BANK)	Thrift	8.32
GM BANK OF LUZON INC (A RURAL BANK)	Rural	9.04
GATEWAY RURAL BANK INC	Rural	9.72
PHILIPPINE VETERANS BANK	U/KB	9.74
AGRIBUSINESS RURAL BANK INC	Rural	10.07
BANCO MEXICO INC (A RURAL BANK)	Rural	10.44
RB OF SAN PASCUAL(OBANDO BULACAN)INC	Rural	10.63
EAST WEST BANKING CORP	U/KB	10.65
CHINA BANK SAVINGS INC	Thrift	11.01
LUZON DEVELOPMENT BANK	Thrift	11.14
MVSM BANK (A RURAL BANK SINCE 1953) INC	Rural	11.21
PRODUCERS SAVINGS BANK CORPORATION	Thrift	11.69
UNIVERSITY SAVINGS BANK INC	Thrift	11.73
FARMERS SAVINGS & LOAN BANK INC	Thrift	11.74
VILLAGE BANK INC (A RURAL BANK)	Rural	11.90
DEVELOPMENT BANK OF THE PHIL	U/KB	11.92
EAST WEST RURAL BANK INC	Rural	11.94
FIRST AGRO-INDUSTRIAL RB INC (FAIRBANK)	Rural	11.95
COOPERATIVE BANK OF BOHOL	Rural	12.01
ZAMBALES RURAL BANK INC	Rural	12.05
RB OF PILAR (BATAAN) INC	Rural	12.11
PHIL NATIONAL BANK	U/KB	12.13
ILOCOS CONSOLIDATED COOPERATIVE BANK	Rural	12.16
CANTILAN BANK INC (A RURAL BANK)	Rural	12.24
EQUICOM SAVINGS BANK INC	Thrift	12.29
RIZAL COMM'L BANKING CORP	U/KB	12.29
BDO UNIBANK INC	U/KB	12.38
MALLIG PLAINS RURAL BANK (ISABELA) INC	Rural	12.67
BENGUET CENTER BANK INC A RB	Rural	12.68
UNION BANK OF THE PHILS	U/KB	12.71
LAND BANK OF THE PHILIPPINES	U/KB	12.74
UCPB SAVINGS BANK	Thrift	12.79
PHILIPPINE BUSINESS BANK INC A SAVINGS BANK	Thrift	12.89
PLANBANK "RB OF CANLUBANG PLANTERS INC"	Rural	12.91
RB OF SAN MATEO(ISABELA) INC	Rural	13.06
CITYSTATE SAVINGS BANK INC	Thrift	13.29
COMMTY RB OF CATMON (CEBU) INC	Rural	13.36
CHINA BANKING CORP	U/KB	13.53
PHIL BANK OF COMMUNICATIONS	U/KB	13.69
CITY SAVINGS BANK INC	Thrift	13.73
RB OF CARDONA (RIZAL) INC	Rural	13.93
COOP BANK OF CAGAYAN	Rural	13.99
METROPOLITAN BANK & TCO	U/KB	14.13
MALAYAN BANK SAVINGS AND MORT BANK INC	Thrift	14.17
RB OF LEBAK (SULTAN KUDARAT) INC	Rural	14.19
CAMALIG BANK INC (A RURAL BANK)	Rural	14.20
MAYBANK PHILIPPINES INCORPORATED	U/KB	14.23
ENTREPRENEUR RB INC	Rural	14.24
QUEZON CAPITAL RB INC	Rural	14.25
RB OF JAEN INC	Rural	14.35
ASIA UNITED BANK CORPORATION	U/KB	14.42
RB OF MABALACAT INC	Rural	14.42
WEALTH DEVELOPMENT BANK CORPORATION	Thrift	14.42
SUGBUANON RB INC	Rural	14.47
LIPA BANK INC	Rural	14.48
NEW RB OF SAN LEONARDO(N.E.) INC	Rural	14.53
RB OF BAMBANG (NUEVA VIZCAYA) INC	Rural	14.56
LIBERTY BANK (A RURAL BANK) INC	Rural	14.61
BANK OF THE PHIL ISLANDS	U/KB	14.93
CITIBANK, N.A.	U/KB	14.98
RB OF MARAGONDON INC	Rural	15.00
MINDANAO CONSOLIDATED COOPERATIVE BANK	Rural	15.05
BANK OF COMMERCE	U/KB	15.07
INTER-ASIA DEVELOPMENT BANK	Thrift	15.08
BPI DIRECT BANKO INC A SAVINGS BANK	Thrift	15.18
RB OF ANGELES INC	Rural	15.19
RB OF GUINOBATAN INC	Rural	15.32
RB OF SAN NARCISO INC	Rural	15.37
METRO SOUTH COOP BANK	Rural	15.38
BOF INC (A RURAL BANK)	Rural	15.47
RB OF GATTARAN (CAGAYAN) INC	Rural	15.47
METRO CEBU PUBLIC SAVINGS BANK	Thrift	15.48
PBCOM RURAL BANK INC	Rural	15.68
RB OF DUMANGAS INC	Rural	15.70
RB OF BAY INC	Rural	15.75
CARD BANK INC (A MF RB)	Rural	15.76
CEBUANA LHUILLIER RB INC	Rural	15.85
RB OF MANGALDAN INC(BANGKO RURAL NG MANGALDAN INK)	Rural	16.01
PANGASINAN BANK (A RB) INC	Rural	16.04
COUNTRY BUILDERS BANK INC (A RURAL BANK)	Rural	16.07
ALIAGA FARMERS RURAL BANK INC	Rural	16.19
SECURITY BANK CORP	U/KB	16.41
ROBINSONS BANK CORPORATION	U/KB	16.65
PHIL SAVINGS BANK	Thrift	16.81
RB OF DIGOS INC	Rural	16.89
KATIPUNAN BANK INC "A RURAL BANK"	Rural	16.94
PNB SAVINGS BANK	Thrift	16.97
BDO NETWORK BANK	Rural	17.19
BPI FAMILY SAVINGS BANK INC	Thrift	17.45
RB OF CAUAYAN INC	Rural	17.50
RB OF PILAR (SORSOGON) INC	Rural	17.52
RB OF ITOGON (BENGUET) INC	Rural	17.58
BANGKO MABUHAY (A RURAL BANK) INC	Rural	17.61
MIZUHO BANK LTD - MANILA BRANCH	U/KB	17.88
MACTAN RURAL BANK (LAPU-LAPU CITY) INC	Rural	17.92
ASPAC RURAL BANK INC	Rural	17.96
RB OF PORAC (PAMPANGA) INC	Rural	18.04
BANKWAYS INC (A RURAL BANK)	Rural	18.34
CARD SME BANK INC A THRIFT BANK	Thrift	18.36
CENTURY RURAL BANK INC	Rural	18.46
RB OF ANTIMONAN INC	Rural	18.85
RB OF MAGDALENA (LAGUNA) INC	Rural	18.99
COMMON WEALTH RURAL BANK INC	Rural	19.06
CTBC BANK (PHILIPPINES) CORP	U/KB	19.07
PACIFIC ACE SAVINGS BANK INC	Thrift	19.07
GUAGUA RURAL BANK INC	Rural	19.10
RB OF MONTALBAN INC	Rural	19.23
HONGKONG & SHANGHAI BANKING CORP	U/KB	19.25
RB OF STA IGNACIA INC	Rural	19.33
SAVIOUR RURAL BANK INC	Rural	19.36
BANGKO KABAYAN INC (A PRIVATE DEVELOPMENT BANK)	Thrift	19.40
NORTH PACIFIC BANKING CORPORATION (A RB OF STA MARIA ISABELA	Rural	19.40
HIYAS BANKING CORPORATION	Thrift	19.54
COOPERATIVE BANK OF NUEVA VIZCAYA	Rural	19.66
RB OF PARACALE(CAMARINES NORTE) INC	Rural	19.69
RANG-AY BANK INC (A RURAL BANK)	Rural	20.14
OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE RURAL BANK)	Rural	20.26
DEUTSCHE BANK AG	U/KB	20.32
RB OF CENTRAL PANGASINAN (BAYAMBANG) INC	Rural	20.42
SUN SAVINGS BANK INC	Thrift	21.00
RB OF GENERAL TRIAS INC	Rural	21.01
AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS	U/KB	21.14
FIRST ISABELA COOP BANK INC(FICOBANK)	Rural	21.24
BANGKO MONTANOSA INC (A RURAL BANK)	Rural	21.25
COMMTY RB OF DAPITAN CITY INC	Rural	21.52
1ST VALLEY BANK INC A DEVELOPMENT BANK	Thrift	21.91
MUFG BANK, LTD.	U/KB	22.01
STANDARD CHARTERED BANK	U/KB	22.09
COOP BANK OF PALAWAN	Rural	22.17
BATAAN DEVELOPMENT BANK	Thrift	22.26
BALANGA RURAL BANK, INC.	Rural	22.44
PENBANK INC (A PDB) (FORMERLY: PENINSULA RB INC)	Thrift	22.45
FIRST IMPERIAL BUSINESS BANK INC (A RURAL BANK)	Rural	22.61
MALARAYAT RB INC	Rural	22.69
HIGHLAND RURAL BANK INC	Rural	22.70
RURAL BANK OF SAN ANTONIO INC	Rural	23.41
BAYBAY INC (A RURAL BANK)	Rural	23.75
BANK OF MAKATI (A SAVINGS BANK) INC	Thrift	23.99
LEGAZPI SAVINGS BANK INC	Thrift	24.01
MARAYO BANK INC (A RURAL BANK)	Rural	24.46
RBT BANK INC A RURAL BANK	Rural	25.18
COOP BANK OF COTABATO	Rural	25.59
LIFE SAVINGS BANK INC	Thrift	25.64
RURAL BANK OF PLACER (SURIGAO DEL NORTE) INC	Rural	25.64
DUMAGUETE CITY DEV BANK INC	Thrift	25.86
BDO PRIVATE BANK, INC.	U/KB	26.32
RB OF BAGABAG (N.V.)INC	Rural	26.75
FIRST TAGUM RURAL BANK INC	Rural	26.89
LIFEBANK- A RURAL BANK	Rural	27.00
RB OF BAYOMBONG INC	Rural	27.36
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED	U/KB	27.87
RB OF MIAGAO (ILOILO) INC	Rural	28.36
SECURED BANK INC (A RB)	Rural	28.65
RB OF BROOKE'S POINT (PALAWAN) INC	Rural	28.72
RIZAL MICROBANK INC - A THRIFT BANK OF RCBC	Thrift	28.74
MARITIME SAVINGS BANK CORPORATION	Thrift	29.25
MAKILING DEVELOPMENT BANK CORPORATION	Thrift	30.30
RB OF POZORRUBIO INC	Rural	30.91
RB OF SAN JOSE (CAMARINES SUR) INC	Rural	30.95
BANK OF CHINA LIMITED-MANILA BRANCH	U/KB	31.31
RB OF ALABEL (SARANGANI) INC	Rural	32.00
MEGA INT'L COMM'L BANK CO LTD	U/KB	33.23
SUMITOMO MITSUI BANKING CORPORATION-MANILA BRANCH	U/KB	33.29
RB OF MARIA AURORA (AURORA) INC	Rural	33.60
QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK A THRIFT BANK	Thrift	34.87
LEMERY SAVINGS & LOAN BANK, INC.	Thrift	35.07
FIRST CONSOLIDATED BANK INC (A PDB)	Thrift	35.40
NORTHPOINT DEV'T BANK INC	Thrift	36.09
ALLBANK (A THRIFT BANK) INC	Thrift	36.15
CORDILLERA SAVINGS BANK INC	Thrift	36.49
RB OF SOLANO (NUEVA VIZCAYA) INC	Rural	37.85
BANGKO CARRASCAL INC (A RB)	Rural	38.18
NATIONAL TEACHERS & EMP. COOP BANK	Rural	38.81
DUNGGANON BANK (A MICROFINANCE RURAL BANK) INC	Rural	38.90
BHF RURAL BANK INC	Rural	41.04
RNG COASTAL BANK INC(A RURAL BANK)	Rural	43.33
LAGUNA PRESTIGE BANKING CORPORATION (A RURAL BANK)	Rural	43.56
RB OF GLORIA (OR MIN) INC	Rural	44.91
PHIL TRUST COMPANY	U/KB	45.04
CAVITE UNITED RURAL BANK CORP	Rural	45.11
RB OF SAN AGUSTIN (ISABELA) INC	Rural	47.06
HSBC SAVINGS BANK(PHILS) INC	Thrift	47.80
KEB HANA BANK - MANILA BRANCH	U/KB	53.29
RB OF STA ROSA DE LIMA (PANIQUI TARLAC) INC	Rural	55.00
PAMPANGA DEVELOPMENT BANK	Thrift	57.76
FILIDIAN RURAL BANK OF ANTIPOLO INC	Rural	58.60
BANK ONE SAVINGS CORPORATION	Thrift	64.83
GOLDEN RURAL BANK OF THE PHILIPPINES INC	Rural	66.61
RB OF ANTIPOLO INC	Rural	66.73
RB OF ROSARIO (LA UNION) INC	Rural	66.89
ING BANK N.V.	U/KB	67.42
CENTURY SAVINGS BANK CORPORATION	Thrift	69.17
BANGKOK BANK PUBLIC CO LTD	U/KB	70.64
QUEZON COCONUT BANK INC (A THRIFT BANK)	Thrift	71.61
YUANTA SAVINGS BANK PHILIPPINES INC	Thrift	73.64
JP MORGAN CHASE BANK NATIONAL ASSN.	U/KB	76.03
UNITED OVERSEAS BANK LIMITED MANILA BRANCH	U/KB	79.71
CHANG HWA COMMERCIAL BANK LTD - MANILA BRANCH	U/KB	80.36
SHINHAN BANK - MANILA BRANCH	U/KB	82.14
INDUSTRIAL BANK OF KOREA MANILA BRANCH	U/KB	82.23
GUAGUA SAVERS BANK(A RB) INC	Rural	82.57
PHIL STAR DEVELOPMENT BANK INC	Thrift	90.75
RB OF TANGUB CITY (MIS OCC) INC	Rural	99.83
RB OF MIDSAYAP INC	Rural	100.68
RB OF DULAG (LEYTE) INC	Rural	101.87
CIMB BANK PHILIPPINES INC	U/KB	104.63
BANK OF AMERICA N.A.	U/KB	105.62
COOP BANK OF QUEZON PROVINCE	Rural	106.73
MANOR BANK - A RURAL BANK CORP	Rural	109.79
FIRST COMMERCIAL BANK LTD MANILA BRANCH	U/KB	115.09
BANCO LAGUNA INC (A RURAL BANK SINCE 1965)	Rural	123.79
HUA NAN COMMERCIAL BANK LTD MANILA BRANCH	U/KB	135.50
ISLA BANK(A THRIFT BANK) INC	Thrift	136.21
PEOPLES BANK OF CARAGA INC (A RURAL BANK)	Rural	144.17
CATHAY UNITED BANK CO LTD - MANILA BRANCH	U/KB	148.84
RB OF RIZAL (ZAMBOANGA DEL NORTE) INC	Rural	156.38
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED - MANILA BRANCH	U/KB	191.48
IMUS RURAL BANK INC	Rural	214.77
CONSOLIDATED COOPERATIVE BANK	Rural	245.61
RB OF POLA (ORIENTAL MINDORO) INC	Rural	299.44
INNOVATIVE BANK INC (A RURAL BANK)	Rural	366.99
RB OF BARILI (CEBU) INC	Rural	371.31
ARDCIBANK INC A RURAL BANK	Rural	NA
BANCO SANTIAGO DE LIBON INC	Rural	NA
BUSINESS AND CONSUMERS BANK (A DB)	Thrift	NA
CITIZEN'S RB (CABIAO) INC	Rural	NA
COOP BANK OF BENGUET (CBB)	Rural	NA
CSFIRST BANK INC – A RURAL BANK	Rural	NA
D' ASIAN HILLS BANK INC (A RURAL BANK)	Rural	NA
GRAND-AGRI RURAL BANK	Rural	NA
INSULAR SAVERS BANK INC (A RURAL BANK)	Rural	NA
LAGAWE HIGHLANDS RB INC	Rural	NA
MERCHANTS SAVINGS & LOAN ASSN INC	Thrift	NA
MOUNT MAKILING RURAL BANK INC	Rural	NA
MT CARMEL RURAL BANK INC	Rural	NA
RB OF DOLORES (QUEZON) INC	Rural	NA
RB OF PANDI (BULACAN) INC	Rural	NA
RBG IMPERIAL BANK INC(A RURAL BANK)	Rural	NA
RCBC SAVINGS BANK INC	Thrift	NA
SOUTH BANK (A RURAL BANK) INC	Rural	NA
STA MARIA RURAL BANK INC	Rural	NA
TANAY RB INC	Rural	NA

 

Philippine Banking System
Common Tier 1 Ratio
December 31, 2019
Bank	Type of Bank	Common Tier 1 Ratio
1ST VALLEY BANK INC A DEVELOPMENT BANK	Thrift	0.00
AGRIBUSINESS RURAL BANK INC	Rural	0.00
ALIAGA FARMERS RURAL BANK INC	Rural	0.00
ALLBANK (A THRIFT BANK) INC	Thrift	0.00
ASPAC RURAL BANK INC	Rural	0.00
BALANGA RURAL BANK, INC.	Rural	0.00
BANCO LAGUNA INC (A RURAL BANK SINCE 1965)	Rural	0.00
BANCO MEXICO INC (A RURAL BANK)	Rural	0.00
BANGKO CARRASCAL INC (A RB)	Rural	0.00
BANGKO KABAYAN INC (A PRIVATE DEVELOPMENT BANK)	Thrift	0.00
BANGKO MABUHAY (A RURAL BANK) INC	Rural	0.00
BANGKO MONTANOSA INC (A RURAL BANK)	Rural	0.00
BANK OF MAKATI (A SAVINGS BANK) INC	Thrift	0.00
BANK ONE SAVINGS CORPORATION	Thrift	0.00
BANKWAYS INC (A RURAL BANK)	Rural	0.00
BATAAN DEVELOPMENT BANK	Thrift	0.00
BAYBAY INC (A RURAL BANK)	Rural	0.00
BENGUET CENTER BANK INC A RB	Rural	0.00
BHF RURAL BANK INC	Rural	0.00
BOF INC (A RURAL BANK)	Rural	0.00
CAMALIG BANK INC (A RURAL BANK)	Rural	0.00
CANTILAN BANK INC (A RURAL BANK)	Rural	0.00
CARD BANK INC (A MF RB)	Rural	0.00
CARD MRI RIZAL BANK INC A MICROFINANCE-ORIENTED RURAL BANK	Rural	0.00
CARD SME BANK INC A THRIFT BANK	Thrift	0.00
CEBUANA LHUILLIER RB INC	Rural	0.00
CENTURY RURAL BANK INC	Rural	0.00
CENTURY SAVINGS BANK CORPORATION	Thrift	0.00
CITYSTATE SAVINGS BANK INC	Thrift	0.00
COMMON WEALTH RURAL BANK INC	Rural	0.00
COMMTY RB OF CATMON (CEBU) INC	Rural	0.00
COMMTY RB OF DAPITAN CITY INC	Rural	0.00
CONSOLIDATED COOPERATIVE BANK	Rural	0.00
COOP BANK OF CAGAYAN	Rural	0.00
COOP BANK OF COTABATO	Rural	0.00
COOP BANK OF PALAWAN	Rural	0.00
COOP BANK OF QUEZON PROVINCE	Rural	0.00
COOPERATIVE BANK OF BOHOL	Rural	0.00
COOPERATIVE BANK OF NUEVA VIZCAYA	Rural	0.00
CORDILLERA SAVINGS BANK INC	Thrift	0.00
COUNTRY BUILDERS BANK INC (A RURAL BANK)	Rural	0.00
DUMAGUETE CITY DEV BANK INC	Thrift	0.00
DUNGGANON BANK (A MICROFINANCE RURAL BANK) INC	Rural	0.00
EAST WEST RURAL BANK INC	Rural	0.00
ENTERPRISE BANK INC (A THRIFT BANK)	Thrift	0.00
ENTREPRENEUR RB INC	Rural	0.00
EQUICOM SAVINGS BANK INC	Thrift	0.00
FARMERS SAVINGS & LOAN BANK INC	Thrift	0.00
FILIDIAN RURAL BANK OF ANTIPOLO INC	Rural	0.00
FIRST AGRO-INDUSTRIAL RB INC (FAIRBANK)	Rural	0.00
FIRST CONSOLIDATED BANK INC (A PDB)	Thrift	0.00
FIRST IMPERIAL BUSINESS BANK INC (A RURAL BANK)	Rural	0.00
FIRST ISABELA COOP BANK INC(FICOBANK)	Rural	0.00
FIRST TAGUM RURAL BANK INC	Rural	0.00
GATEWAY RURAL BANK INC	Rural	0.00
GM BANK OF LUZON INC (A RURAL BANK)	Rural	0.00
GOLDEN RURAL BANK OF THE PHILIPPINES INC	Rural	0.00
GUAGUA RURAL BANK INC	Rural	0.00
GUAGUA SAVERS BANK(A RB) INC	Rural	0.00
HIGHLAND RURAL BANK INC	Rural	0.00
HIYAS BANKING CORPORATION	Thrift	0.00
ILOCOS CONSOLIDATED COOPERATIVE BANK	Rural	0.00
IMUS RURAL BANK INC	Rural	0.00
INNOVATIVE BANK INC (A RURAL BANK)	Rural	0.00
INTER-ASIA DEVELOPMENT BANK	Thrift	0.00
ISLA BANK(A THRIFT BANK) INC	Thrift	0.00
KATIPUNAN BANK INC "A RURAL BANK"	Rural	0.00
LAGUNA PRESTIGE BANKING CORPORATION (A RURAL BANK)	Rural	0.00
LEMERY SAVINGS & LOAN BANK, INC.	Thrift	0.00
LIBERTY BANK (A RURAL BANK) INC	Rural	0.00
LIFE SAVINGS BANK INC	Thrift	0.00
LIFEBANK- A RURAL BANK	Rural	0.00
LIPA BANK INC	Rural	0.00
LUZON DEVELOPMENT BANK	Thrift	0.00
MACTAN RURAL BANK (LAPU-LAPU CITY) INC	Rural	0.00
MAKILING DEVELOPMENT BANK CORPORATION	Thrift	0.00
MALARAYAT RB INC	Rural	0.00
MALAYAN BANK SAVINGS AND MORT BANK INC	Thrift	0.00
MALLIG PLAINS RURAL BANK (ISABELA) INC	Rural	0.00
MANOR BANK - A RURAL BANK CORP	Rural	0.00
MARAYO BANK INC (A RURAL BANK)	Rural	0.00
MARITIME SAVINGS BANK CORPORATION	Thrift	0.00
METRO CEBU PUBLIC SAVINGS BANK	Thrift	0.00
METRO SOUTH COOP BANK	Rural	0.00
MINDANAO CONSOLIDATED COOPERATIVE BANK	Rural	0.00
MVSM BANK (A RURAL BANK SINCE 1953) INC	Rural	0.00
NATIONAL TEACHERS & EMP. COOP BANK	Rural	0.00
NEW RB OF SAN LEONARDO(N.E.) INC	Rural	0.00
NORTH PACIFIC BANKING CORPORATION (A RB OF STA MARIA ISABELA	Rural	0.00
NORTHPOINT DEV'T BANK INC	Thrift	0.00
OPPORTUNITY KAUSWAGAN BANK INC (A MICROFINANCE RURAL BANK)	Rural	0.00
PACIFIC ACE SAVINGS BANK INC	Thrift	0.00
PAMPANGA DEVELOPMENT BANK	Thrift	0.00
PANGASINAN BANK (A RB) INC	Rural	0.00
PENBANK INC (A PDB) (FORMERLY: PENINSULA RB INC)	Thrift	0.00
PEOPLES BANK OF CARAGA INC (A RURAL BANK)	Rural	0.00
PHIL STAR DEVELOPMENT BANK INC	Thrift	0.00
PHILIPPINE BUSINESS BANK INC A SAVINGS BANK	Thrift	0.00
PLANBANK "RB OF CANLUBANG PLANTERS INC"	Rural	0.00
PRODUCERS SAVINGS BANK CORPORATION	Thrift	0.00
PROGRESSIVE BANK INC (PROGRESSIVE A RURAL BANK INC)	Rural	0.00
QUEEN CITY DEVELOPMENT BANK INC OR QUEENBANK A THRIFT BANK	Thrift	0.00
QUEZON CAPITAL RB INC	Rural	0.00
QUEZON COCONUT BANK INC (A THRIFT BANK)	Thrift	0.00
RANG-AY BANK INC (A RURAL BANK)	Rural	0.00
RB OF ALABEL (SARANGANI) INC	Rural	0.00
RB OF ANTIMONAN INC	Rural	0.00
RB OF ANTIPOLO INC	Rural	0.00
RB OF BAGABAG (N.V.)INC	Rural	0.00
RB OF BAMBANG (NUEVA VIZCAYA) INC	Rural	0.00
RB OF BARILI (CEBU) INC	Rural	0.00
RB OF BAY INC	Rural	0.00
RB OF BAYOMBONG INC	Rural	0.00
RB OF BROOKE'S POINT (PALAWAN) INC	Rural	0.00
RB OF CARDONA (RIZAL) INC	Rural	0.00
RB OF CAUAYAN INC	Rural	0.00
RB OF CENTRAL PANGASINAN (BAYAMBANG) INC	Rural	0.00
RB OF DIGOS INC	Rural	0.00
RB OF DULAG (LEYTE) INC	Rural	0.00
RB OF DUMANGAS INC	Rural	0.00
RB OF GATTARAN (CAGAYAN) INC	Rural	0.00
RB OF GENERAL TRIAS INC	Rural	0.00
RB OF GLORIA (OR MIN) INC	Rural	0.00
RB OF GUINOBATAN INC	Rural	0.00
RB OF ITOGON (BENGUET) INC	Rural	0.00
RB OF JAEN INC	Rural	0.00
RB OF LEBAK (SULTAN KUDARAT) INC	Rural	0.00
RB OF MABALACAT INC	Rural	0.00
RB OF MAGDALENA (LAGUNA) INC	Rural	0.00
RB OF MANGALDAN INC(BANGKO RURAL NG MANGALDAN INK)	Rural	0.00
RB OF MARAGONDON INC	Rural	0.00
RB OF MARIA AURORA (AURORA) INC	Rural	0.00
RB OF MIAGAO (ILOILO) INC	Rural	0.00
RB OF MIDSAYAP INC	Rural	0.00
RB OF MONTALBAN INC	Rural	0.00
RB OF PARACALE(CAMARINES NORTE) INC	Rural	0.00
RB OF PILAR (BATAAN) INC	Rural	0.00
RB OF POLA (ORIENTAL MINDORO) INC	Rural	0.00
RB OF PORAC (PAMPANGA) INC	Rural	0.00
RB OF POZORRUBIO INC	Rural	0.00
RB OF RIZAL (ZAMBOANGA DEL NORTE) INC	Rural	0.00
RB OF ROSARIO (LA UNION) INC	Rural	0.00
RB OF SAN AGUSTIN (ISABELA) INC	Rural	0.00
RB OF SAN JOSE (CAMARINES SUR) INC	Rural	0.00
RB OF SAN LUIS (PAMPANGA) INC	Rural	0.00
RB OF SAN MATEO(ISABELA) INC	Rural	0.00
RB OF SAN NARCISO INC	Rural	0.00
RB OF SAN PASCUAL(OBANDO BULACAN)INC	Rural	0.00
RB OF SOLANO (NUEVA VIZCAYA) INC	Rural	0.00
RB OF STA IGNACIA INC	Rural	0.00
RB OF STA ROSA DE LIMA (PANIQUI TARLAC) INC	Rural	0.00
RB OF TANGUB CITY (MIS OCC) INC	Rural	0.00
RBT BANK INC A RURAL BANK	Rural	0.00
RNG COASTAL BANK INC(A RURAL BANK)	Rural	0.00
RURAL BANK OF PLACER (SURIGAO DEL NORTE) INC	Rural	0.00
RURAL BANK OF SAN ANTONIO INC	Rural	0.00
SAVIOUR RURAL BANK INC	Rural	0.00
SECURED BANK INC (A RB)	Rural	0.00
STERLING BANK OF ASIA INC (A SAVINGS BANK)	Thrift	0.00
SUGBUANON RB INC	Rural	0.00
SUMMIT BANK (RB OF TUBLAY INC)	Rural	0.00
SUN SAVINGS BANK INC	Thrift	0.00
UNITED COCONUT PLANTERS BANK	U/KB	0.00
UNIVERSITY SAVINGS BANK INC	Thrift	0.00
VILLAGE BANK INC (A RURAL BANK)	Rural	0.00
WEALTH DEVELOPMENT BANK CORPORATION	Thrift	0.00
YUANTA SAVINGS BANK PHILIPPINES INC	Thrift	0.00
ZAMBALES RURAL BANK INC	Rural	0.00
PHILIPPINE VETERANS BANK	U/KB	8.59
EAST WEST BANKING CORP	U/KB	10.65
CHINA BANK SAVINGS INC	Thrift	11.01
DEVELOPMENT BANK OF THE PHIL	U/KB	11.92
PHIL NATIONAL BANK	U/KB	12.13
BDO UNIBANK INC	U/KB	12.16
RIZAL COMM'L BANKING CORP	U/KB	12.29
CHINA BANKING CORP	U/KB	12.62
UNION BANK OF THE PHILS	U/KB	12.71
LAND BANK OF THE PHILIPPINES	U/KB	12.74
UCPB SAVINGS BANK	Thrift	12.79
PHIL BANK OF COMMUNICATIONS	U/KB	13.69
CITY SAVINGS BANK INC	Thrift	13.73
BANK OF THE PHIL ISLANDS	U/KB	14.08
METROPOLITAN BANK & TCO	U/KB	14.13
MAYBANK PHILIPPINES INCORPORATED	U/KB	14.23
ASIA UNITED BANK CORPORATION	U/KB	14.42
CITIBANK, N.A.	U/KB	14.98
BANK OF COMMERCE	U/KB	15.07
RB OF ANGELES INC	Rural	15.17
BPI DIRECT BANKO INC A SAVINGS BANK	Thrift	15.18
PBCOM RURAL BANK INC	Rural	15.68
SECURITY BANK CORP	U/KB	16.41
ROBINSONS BANK CORPORATION	U/KB	16.65
PHIL SAVINGS BANK	Thrift	16.81
PNB SAVINGS BANK	Thrift	16.97
RB OF PILAR (SORSOGON) INC	Rural	17.04
BDO NETWORK BANK	Rural	17.18
BPI FAMILY SAVINGS BANK INC	Thrift	17.45
MIZUHO BANK LTD - MANILA BRANCH	U/KB	17.88
CTBC BANK (PHILIPPINES) CORP	U/KB	19.07
HONGKONG & SHANGHAI BANKING CORP	U/KB	19.25
DEUTSCHE BANK AG	U/KB	20.32
AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS	U/KB	21.14
MUFG BANK, LTD.	U/KB	22.01
STANDARD CHARTERED BANK	U/KB	22.09
LEGAZPI SAVINGS BANK INC	Thrift	24.01
BDO PRIVATE BANK, INC.	U/KB	26.32
AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED	U/KB	27.87
RIZAL MICROBANK INC - A THRIFT BANK OF RCBC	Thrift	28.74
BANK OF CHINA LIMITED-MANILA BRANCH	U/KB	31.31
MEGA INT'L COMM'L BANK CO LTD	U/KB	33.23
SUMITOMO MITSUI BANKING CORPORATION-MANILA BRANCH	U/KB	33.29
PHIL TRUST COMPANY	U/KB	45.04
CAVITE UNITED RURAL BANK CORP	Rural	45.11
HSBC SAVINGS BANK(PHILS) INC	Thrift	47.80
KEB HANA BANK - MANILA BRANCH	U/KB	53.29
ING BANK N.V.	U/KB	67.42
BANGKOK BANK PUBLIC CO LTD	U/KB	70.64
JP MORGAN CHASE BANK NATIONAL ASSN.	U/KB	76.03
UNITED OVERSEAS BANK LIMITED MANILA BRANCH	U/KB	79.71
CHANG HWA COMMERCIAL BANK LTD - MANILA BRANCH	U/KB	80.36
SHINHAN BANK - MANILA BRANCH	U/KB	82.14
INDUSTRIAL BANK OF KOREA MANILA BRANCH	U/KB	82.23
CIMB BANK PHILIPPINES INC	U/KB	104.63
BANK OF AMERICA N.A.	U/KB	105.62
FIRST COMMERCIAL BANK LTD MANILA BRANCH	U/KB	115.09
HUA NAN COMMERCIAL BANK LTD MANILA BRANCH	U/KB	135.50
CATHAY UNITED BANK CO LTD - MANILA BRANCH	U/KB	148.84
INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED - MANILA BRANCH	U/KB	191.48
ARDCIBANK INC A RURAL BANK	Rural	NA
BANCO SANTIAGO DE LIBON INC	Rural	NA
BUSINESS AND CONSUMERS BANK (A DB)	Thrift	NA
CITIZEN'S RB (CABIAO) INC	Rural	NA
COOP BANK OF BENGUET (CBB)	Rural	NA
CSFIRST BANK INC – A RURAL BANK	Rural	NA
D' ASIAN HILLS BANK INC (A RURAL BANK)	Rural	NA
GRAND-AGRI RURAL BANK	Rural	NA
INSULAR SAVERS BANK INC (A RURAL BANK)	Rural	NA
LAGAWE HIGHLANDS RB INC	Rural	NA
MERCHANTS SAVINGS & LOAN ASSN INC	Thrift	NA
MOUNT MAKILING RURAL BANK INC	Rural	NA
MT CARMEL RURAL BANK INC	Rural	NA
RB OF DOLORES (QUEZON) INC	Rural	NA
RB OF PANDI (BULACAN) INC	Rural	NA
RBG IMPERIAL BANK INC(A RURAL BANK)	Rural	NA
RCBC SAVINGS BANK INC	Thrift	NA
SOUTH BANK (A RURAL BANK) INC	Rural	NA
STA MARIA RURAL BANK INC	Rural	NA
TANAY RB INC	Rural	NA

 Source: www.bsp.gov.ph