The Philippine Banking System

1 1 1 Second Semester 2016

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Page Number Glossary of Terms i Prologue v

The Philippine Financial System: Sustaining the Growth Momentum 1

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The Banking Sector %!.V%X.1C1]]1JV%E:J@1J$%17$ VI 8 %%%%!`%$ %V]V`:QJ$ 19 %%%%!.V%MQ`V1$J%D%``VJH7%PV]Q$1 %J1 %17$ VI%%% % 22 !.V%MQ`V1$J%E:J@%E`:JH.V$%:JR%1%G$1R1:`1V$%% 25

The Non-Bank Financial Institutions %?QJRE:J@%M1J:JH1:C%]J$ %QJ$%11 .%b%:$1RE:J@1J$%M%JHQJ$%% % 30 ?QJR1 QH@%1:01J$$%:JR%OQ:J%9$$QH1:QJ$ 32

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Supervision and Examination Sector iii iii iii Second Semester 2016 Glossary of Terms A. SELECTED ACCOUNTS

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Supervision and Examination Sector iv vii vii vii Second Semester 2016

Prologue

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8-6%:02'!*#%6 Sustaining Financial Linkages with Asia (Philippine Banks’ Cross-Border Financial Position as of End-September 2016) a

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Figure 2. Cross-Border Financial Position of Philippine Banks As of 30 September 2016

A. By Sectoral Counterparty B. By Financial Account 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% USD1.0Bn Due from Debt Securities Other CLAIMS CLAIMS USD15.3 Bn USD8.1Bn USD10.1Bn Banks USD4.9Bn

USD1.0Bn Bonds Payable, USD1.7Bn

Deposit USD15.4Bn Bills Payable LIABILITIES LIABILITIES Liabilities USD9.7Bn USD2.1Bn

USD1.1Bn Other Accounts 0% 20% 40% 60% 80% 100% 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Note: Bills Payable are composed of (a) interbank loans payable Bank Non-Financial Non-Bank FI [USD841.6 million]; (b) repurchase agreements [USD201.1 million]; Note: Unallocated claims by sector (USD4.4 million), which and, (c) other bills payable [USD52.0 million]. represent less than 1 percent of total cross-border financial claims from the US, are excluded in this figure.

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Figure 3. Cross-Border Financial Position: Country and Regional Comparison As of 30 September 2016 CLAIMS LIABILITIES Figure 4. Cross-Border Financial Position of Philippine Banks vis-à-vis ASEAN-5 As of 30 September 2016 100% OTHERS OTHERS Others, USD1.7Bn Others, USD1.1Bn USD1.4Bn USD1.1Bn A. By Sectoral Counterparty B. By Financial Account 90% EUROPE USD2.8Bn EUROPE 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 80% USD3.8Bn USD229.0Mn Loans, USD644.6Mn 70% NORTH AMERICA Interbank USD9.4Bn NORTH AMERICA Debt Securities CLAIMS USD2.3 Bn USD3.0Bn CLAIMS Call Loans 60% USD3.7Bn USD1.9Bn CHINA, USD251.6Mn USD789.5Mn 50% CHINA, USD755.1Mn JAPAN USD52.5Mn USD1.5Bn Due from Other Banks, USD296.0Mn 40% JAPAN Bills Due to Head USD1.7Bn Asia-Pacific ASEAN-5 LIABILITIES USD4.0Bn Payable Office/Branches/Agencies 30% USD10.0Bn LIABILITIES ASEAN-5 USD4.1Bn USD1.9Bn Abroad USD3.9Bn Asia-Pacific USD1.4Bn 20% USD108.5Mn Other Accounts Deposits, USD164.1Mn ASIA PACIFIC (excl. USD10.3Bn ASIA PACIFIC (excl. 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% 10% ASEAN-5, Japan & China) ASEAN-5, Japan & China) 0% 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% USD4.4Bn USD3.5Bn Bank Non-Financial Non-Bank FI Note: Bills Payable are composed of (a) interbank loans payable 0% Note: Unal Unallocatedloca ted clai claimsms by sector (USD (USD533.8533 8 thou thousandsand ), whic whichh [USD841.0 million]; (b) repurchase agreements [USD1.1 billion]; and, represent less than 1 percent of total cross-border financial claims. (c) other bills payable [USD1.2 thousand]. Note: Asean-5 includes (1) Indonesia; (2) Singapore; (3) Malaysia; and (4) Thailand. Meanwhile, Others include (1) Africa and Middle East; (2) Latin America and Caribbean; (3) Offshore Centers; and (4) Multilateral Agencies

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Supervision and Examination Sector 5 Second Semester 2016 8-6%:02'!*#%7

Strategic Policy Reform Agenda for 2017

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Supervision and Examination Sector 7 Second Semester 2016 The Philippine Banking System

Overview

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Effective Date of Name of Financial Institution (FI) Type FI Surrender/Revocation of License Banco De Oro Savings Bank, Inc. 16-May-2016 TB JPMorgan Chase Bank,N.A. Manila Branch 19-May-2016 KB First Metro Investment Corporation 12-Jan-2017 IH

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BSP Certificate of Date of Name of Bank Name of Trust Corporation Authority Operation Maybank ATR Kim Eng Capital Partners, 30-Sep-2016 ATRAM Trust Corporation 23-Nov-2016 lnc. BPI Asset Management and Trust Bank of the Philippine lslands 29-Dec-2016 1-Feb-2017 Corporation

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Supervision and Examination Sector 29 Second Semester 2016 Non-Bank Financial Institutions with Quasi-Banking Functions (NBQBs)

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Supervision and Examination Sector 31 Second Semester 2016 Non-Stock Savings and Loan Associations (NSSLAs) Overview

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Supervision and Examination Sector 33 Second Semester 2016

Appendices

!#$-$$'3.#04'1-07$/-*'!7$1#4#*-.+#,2 34 34 The Philippine Banking System Physical Composition ]]VJR16'7'*1J:JH1:C'.1$.C1$. 2 ]]VJR16'7'*1J:JH1:C'>J2 %QJ2'JRV`'L:;'' ]]VJR16'7'4`Q1 .'8: V2 ''''''''''''''''''''''''':%]V0121QJL8V$%C:QJ ]]VJR16'7':VCVH VR';V``QÌ:JHV'>JR1H: Q`2 ]]VJR16'7'8V$1QJ:C';`QCV Comparative Statement of Condition ]]VJR16' 7'BVJ21 7'8:Q ]]VJR16' 7';.1C1]]1JV'L:J@1J$':72 VI ]]VJR16' 7' % QI: VR'GVCCV`'H:H.1JV2'^ GH_ ]]VJR16' 7'L:J@2' % .Q`1JR1H: Q`2 ]]VJR16' 7''' 22V 'U%:C1 7'>JR1H: Q`2 Trust Operations Assets and Trust Operations Accountabilities ]]VJR16'7'*1J:JH1:C'.1$.C1$. 2 ]]VJR16' 7';.1C1]]1JV'L:J@2':JR'ZQJRL:J@'' ]]VJR16'7'4`Q1 .'8: V2 '''''''' '''''''*1J:JH1:C'>J2 %QJ2'^G7'>JR%2 `7_ ]]VJR16'7':VCVH VR';V``QÌ:JHV'>JR1H: Q`2 ]]VJR16' 7';.1C1]]1JV'L:J@2':JR'ZQJRL:J@'' ' ]]VJR16'7'L:C:JHV':.VV ': `%H %`V ''''''''''''''''''''''''''''''''''''*1J:JH1:C'>J2 %QJ2'^G7'G`%2 'G7]V_ ]]VJR16' 7'>JHQIV':JR'O6]VJ2V2'^L:J@2':JR Foreign Currency Deposit Unit (FCDU) '''''''''''''''''''''''''ZL*>2_ System ]]VJR16'7'*1J:JH1:C'.1$.C1$. 2 Comparative Statement of Income and ]]VJR16' 7'4`Q1 .'8: V2 Expenses ]]VJR16' 7':VCVH VR';V``QÌ:JHV'>JR1H: Q`2 ]]VJR16'7';.1C1]]1JV'L:J@1J$':72 VI'

Foreign Bank-Branches and Selected Performance Indicators Subsidiaries ]]VJR16'7';.1C1]]1JV'L:J@1J$':72 VI' ]]VJR16' 7'*1J:JH1:C'.1$.C1$. 2

]]VJR16' 7'4`Q1 .'8: V2 ]]VJR16' 7':VCVH VR';V``QÌ:JHV'>JR1H: Q`2 O!ces of Foreign Bank Branches and ]]VJR16' 7'*Q`V1$J'L:J@'L`:JH.V27'*1J:JH1:C' Subsidiaries ' ' '''''''.1$.C1$. 2 ]]VJR16'7'Z%IGV`'Q`' Q HV2'Q`'*Q`V1$J'L:J@' ]]VJR16' 7'*Q`V1$J'L:J@'L`:JH.V27'4`Q1 .'8: V2 ''''''''''''''''''''''''''''L`:JH.V2':JR':%G21R1:`1V2 ]]VJR16' 7'*Q`V1$J'L:J@'L`:JH.V27':VCVH VR' ' '''''''''''''''''''''';V``QÌ:JHV'>JR1H: Q`2' ]]VJR16' 7'*Q`V1$J'L:J@':%G21R1:`1V27'*1J:JH1:C' Comparative Statement of Condition '''''''''''''''''''''''''.1$.C1$. 2 ]]VJR16'7 L`:JH.V2':JR':%G21R1:`1V2'Q`'*Q`V1$J''' ]]VJR16' 7'*Q`V1$J'L:J@':%G21R1:`1V27'4`Q1 .' ''''''''''''''''''''''''''''''''''''L:J@2 '''''''''''''''''''''''''8: V2 ]]VJR16' 7'*Q`V1$J'L:J@':%G21R1:`1V27':VCVH VR'''''' Selected Contingent Accounts ''''''''''''''''''''''''';V``QÌ:JHV'>JR1H: Q` ]]VJR16'7 L`:JH.V2':JR':%G21R1:`1V2'Q`'*Q`V1$J' Non-Banks with Quasi-Banking Functions '''''''''''''''''''''''''''''''''''''L:J@2 (NBQBs) ]]VJR16' 7'*1J:JH1:C'.1$.C1$. 2 Comparative Statement of Income and ]]VJR16' 7':VCVH VR';V``QÌ:JHV'>JR1H: Q`2 Expenses ]]VJR16' 7';`Q :G1C1 7'>JR1H: Q`2 ]]VJR16' 7'L`:JH.V2':JR':%G21R1:`1V2'Q`'*Q`V1$J' ]]VJR16' 7' 22V 'U%:C1 7'>JR1H: Q`2 '''''''''''''''''''''''''''''''''''''L:J@2

Non-Stock Savings and Loan Associations Comparative Statement of Condition ]]VJR16' 7' ZQJRL:J@2'*1J:JH1:C'>J2 %QJ2'^ZL*>2_ (NSSLAs) ]]VJR16'7'*1J:JH1:C'.1$.C1$. 2 Comparative Statement of Income and ]]VJR16'7'':VCVH VR';V``Q`I:JHV'>JR1H: Q`2''''''''''''''' ''''''''''' ]]VJR16'7';`Q :G1C1 7'>JR1H: Q`2' Expenses ]]VJR16'7' 22V 'U%:C1 7'>JR1H: Q`2 ]]VJR16' 7'ZQJRL:J@'*1J:JH1:C'>J2 %QJ2'^ZL*>2_

Supervision and Examination Sector 35 Second Semester 2016

Appendix 1. Philippine Banking System: Financial Highlights

Levels (P Billion) 2012 2013 2014 2015 * 2016 p/ Income Statement Total Operating Income 401.9 450.2 467.1 473.5 528.5 Net Interest Income 247.8 274.9 321.4 344.9 381.4 Non-interest Income 154.1 175.3 145.6 128.6 147.1 Non-Interest Expenses 255.9 274.5 292.8 305.6 335.9 Losses/Recoveries on Financial Assets (20.8) (29.2) (25.7) (21.8) (29.7) Bad Debts/Provisions for Credit Losses 23.4 32.1 29.4 28.9 38.9 Recovery on Charged-Off Assets 2.6 3.0 3.7 7.1 9.2 Net Profit Before Share in the Profit/(Loss) of Unconsolidated Subsidiaries, Associates and Joint Ventures 125.2 146.6 148.5 146.1 162.9 Share in the Profit/(Loss) of Unconsolidated Subsidiaries, Associates and Joint Ventures 16.3 26.6 16.5 17.7 22.4 Total Profit/Loss Before Tax and Before Minority Interest 141.5 173.2 165.0 163.8 185.2 Income Tax Expense 19.6 28.5 29.5 29.2 31.4 Total Profit/Loss After Tax and Before Minority Interest 121.9 144.6 135.6 134.7 153.8 Minority Interest in Profit/(Loss) of Subsidiaries - - - - - Net Profit/(Loss) 121.9 144.6 135.6 134.7 153.8

Balance Sheet Total Assets 1/ 8,049.7 9,970.8 11,169.0 12,085.7 13,585.8 Cash and Due from Banks 1,459.2 2,553.3 2,478.9 2,470.0 2,765.2 Financial Assets, gross (Other than Loans) 1,819.2 2,006.6 2,272.7 2,493.4 2,590.7 Financial Assets Held for Trading (HFT) 268.6 170.7 322.3 193.3 168.3 Financial Assets Designated at Fair Value through Profit or Loss 8.3 6.5 5.5 3.4 4.4 Available-for-Sale (AFS) Financial Assets 1,001.9 1,333.3 991.6 1,043.8 1,038.0 Held-to-Maturity (HTM) Financial Assets 391.3 354.2 828.7 1,144.2 1,254.0 Unquoted Debt Securities Classified as Loans (UDSCL) 128.4 121.2 105.4 89.3 106.4 Investments in Non-Marketable Equity Securities (INMES) 20.7 20.8 19.2 19.4 19.7 Accumulated Market Gains/(Losses) 55.4 (9.4) 18.5 2.8 (5.5) Allowance for Credit Losses 25.5 25.8 24.5 25.9 24.8 Financial Assets, net (Other than Loans) 1,849.1 1,971.4 2,266.7 2,470.3 2,560.3 Loans, gross (inclusive of IBL) 4,228.6 4,897.0 5,832.4 6,530.0 7,612.5 Interbank Loans Receivable (IBL) 161.1 185.1 246.4 214.6 266.5 Loans, gross (exclusive of IBL) 4,067.5 4,711.9 5,586.0 6,315.4 7,345.9 Reverse Repurchase (RRP) with BSP and Other Banks 278.3 296.7 309.5 343.9 377.4 Loans, gross (exclusive of IBL and RRP with BSP and Other Banks) 3,789.2 4,415.1 5,276.5 5,971.5 6,968.5 Allowance for Probable Losses 156.8 160.9 161.6 161.5 173.0 Loans, net (exclusive of IBL and RRP with BSP and Other Banks) 3,632.5 4,254.3 5,114.9 5,810.0 6,795.5 Equity Investment in Subsidiaries, Associates and Joint Ventures, net 164.1 180.5 201.4 223.9 239.5 ROPA, net 116.1 109.5 97.0 93.1 91.2 Other Assets, net 389.4 420.0 454.2 459.7 490.2 Total Liabilities 6,998.3 8,845.0 9,802.7 10,682.9 12,038.2 Financial Liabilities Held for Trading 52.7 40.8 56.2 28.2 36.1 Financial Liabilities DFVPL 6.2 - - - - Deposits 5,753.6 7,608.9 8,524.6 9,232.0 10,504.0 Peso Liabilities 4,711.4 6,448.7 7,090.3 7,690.2 8,706.1 Foreign Currency 1,042.2 1,160.2 1,434.2 1,541.9 1,797.8 Bills Payable 426.7 502.4 517.6 626.2 701.7 Other Liabilities 645.3 629.8 593.5 681.7 705.8 Unsecured Subordinated Debt 113.5 62.8 109.9 113.8 89.7 Redeemable Preferred Shares 0.4 0.3 0.9 0.9 0.9 Total Capital Accounts 2/ 1,051.5 1,125.8 1,366.3 1,402.8 1,547.6

1/ Adjusted to net off the account "Due from Head Office" with "Due to Head Office" of branches of foreign banks 2/ Inclusive of the portion of the "Net Due to Head Office" which qualified as capital * Data for R/CBs as of end-September 2015 p/ Preliminary; Data for R/CBs as of end-September 2016 Figures may not add up due to rounding-off

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Supervision and Examination Sector 37 Second Semester 2016

Appendix 3. Philippine Banking System: Selected Performance Indicators

p/ Selected Ratios 2012 2013 2014 2015 * 2016 Profitability Earning Asset Yield 1/ 5.2 % 4.5 % 4.3 % 4.2 % 4.2 % Funding Cost 2/ 1.8 % 1.2 % 1.0 % 1.1 % 1.0 % Interest Spread 3/ 3.4 % 3.2 % 3.2 % 3.2 % 3.1 % Net Interest Margin 4/ 3.6 % 3.3 % 3.3 % 3.3 % 3.2 % Non-Interest Income to Total Operating Income 5/ 38.3 % 38.9 % 31.2 % 27.1 % 27.9 % Cost-to-Income 6/ 63.5 % 60.3 % 62.4 % 64.5 % 63.6 % Return on Assets (ROA) 7/ 1.6 % 1.6 % 1.3 % 1.2 % 1.2 % Return on Equity (ROE) 7/ 12.4 % 13.3 % 10.9 % 9.8 % 10.5 % Liquidity Cash and Due from Banks to Deposits 25.4 % 33.6 % 29.1 % 26.8 % 26.3 % Liquid Assets to Deposits 8/ 57.5 % 59.5 % 55.7 % 53.5 % 50.7 % Loans, gross to Deposits 73.5 % 64.4 % 68.4 % 70.7 % 72.5 % Asset Quality 9/ Restructured Loans to Total Loan Portfolio (TLP) 1.0 % 0.7 % 0.6 % 0.5 % 0.5 % Allowance for Credit Losses (ACL) to TLP 3.7 % 3.3 % 2.8 % 2.5 % 2.3 % Gross Non-Performing Loans (NPL) to TLP 3.4 % 2.8 % 2.3 % 2.1 % 1.9 % Net NPL to TLP 0.7 % 0.6 % 0.6 % 0.6 % 0.6 % NPL Ratio net of IBL 3.5 % 2.9 % 2.4 % 2.2 % 2.0 % NPL Coverage (ACL to Gross NPL) 109.6 % 118.7 % 119.8 % 118.0 % 119.4 % Non-Performing Assets (NPA) to Gross Assets 3.3 % 2.6 % 2.3 % 2.0 % 1.8 % NPA Coverage (Allowance on NPA to NPA) 68.1 % 73.0 % 77.1 % 77.1 % 80.4 % ROPA to Gross Assets Ratio 1.6 % 1.3 % 1.1 % 0.9 % 0.8 % ROPA Coverage Ratio 23.0 % 25.1 % 29.5 % 27.5 % 29.1 % Distressed Assets 6.8 % 5.6 % 4.6 % 4.0 % 3.5 % Capital Adequacy Total Capital Accounts to Total Assets 10/ 13.1 % 11.3 % 12.2 % 11.6 % 11.4 % Capital Adequacy Ratio (Solo) 11/ 12/ 17.3 % 16.5 % 15.2 % 14.9 % 15.4 % a/ Common Equity Tier 1 (CET1) Ratio 12.5 % 12.4 % 13.4 % Capital Conservation Buffer 6.5 % 6.4 % 7.4 % Tier 1 Ratio 12.7 % 12.6 % 13.5 % Capital Adequacy Ratio (Consolidated) 11/ 12/ 18.4 % 17.7 % 16.2 % 15.8 % 16.1 % a/ Common Equity Tier 1 (CET1) Ratio 13.6 % 13.3 % 14.2 % Capital Conservation Buffer 7.6 % 7.3 % 8.2 % Tier 1 Ratio 13.8 % 13.5 % 14.3 %

1/ Earning Asset Yield refers to the ratio of interest income to average earning assets. 2/ Funding Cost refers to the ratio of interest expenses to average interest-bearing liabilities. 3/ Interest Spread refers to the difference between earning asset yield and funding cost. 4/ Net Interest Margin refers to the ratio of net interest income to average earning assets. 5/ Non-Interest income includes dividends income. 6/ Cost-to-Income Ratio refers to the ratio of non-interest expenses to total operating income. 7/ ROA and ROE refer to the ratios of net profit to average assets and capital, respectively. 8/ Liquid Assets refer to Cash and Due from Banks plus Financial Assets, net of amortization (net of financial assets in equity securities). 9/ Ratios are computed in accordance with the NPL definition as prescribed under BSP Circular No. 772 dated 16 October 2012 effective 01 January 2013. 10/ Total capital accounts includes redeemable preferred shares. 11/ Refers to the ratio of qualifying capital to total risk-weighted assets. With the implementation of the reforms under the Basel III framework, the BSP issued Circular No. 781 dated 13 January 2013 providing the new computation of qualifying capital under the Basel III standards. While the three major risks (credit, market and operational risks) are still covered by the calculation of risk-based capital, the qualifying capital was strengthened through the eligibility criteria for recognition as capital including the required loss absorbency features of capital instruments. 12/ CAR data are for Universal and Commercial Banks and subsidiary banks and quasi-banks; excludes Stand-Alone Thrift, Rural and Cooperative Banks * Data for R/CBs as of end-September 2015 p/ Preliminary; Data for R/CBs as of end-September 2016 a/ CAR data as of end-September 2016

38 38 !#$-$$'3.#04'1-07$/-*'!7$1#4#*-.+#,2 38 Appendix 4. Philippine Banking Offices: Number of Offices and Regional Profile

UNIVERSAL COMMERCIAL COOPERATIVE End-December 2016 Total THRIFT BANKS RURAL BANKS BANKS BANKS BANKS

TOTAL 11,178 5,709 528 2,176 2,611 154 Head Offices 602 21 21 60 471 29 Branches/Other Offices 10,576 5,688 507 2,116 2,140 125 Regular Branch 9,045 5,436 497 1,730 1,280 102 Microbanking Office (MBO) 691 0 1 146 542 2 Regular Other Banking Office (OBO) 448 134 8 168 118 20 Extension Office 233 84 0 56 92 1 Microfinance-Oriented Branch 125 0 1 16 108 0 Representative Office 16 16 0 0 0 0 Remittance Desk Office 14 14 0 0 0 0 Marketing Office 2 2 0 0 0 0 Sub-Branch 1 1 0 0 0 0 Limited Purpose Branch 1 1 0 0 0 0

End-December 2016 End-Dec 2015

Branches/ Total Total Head Offices Other Offices

TOTAL 10,756 11,178 602 10,576

Nationwide 10,710 11,129 602 10,527

National Capital Region (NCR) 3,379 3,504 83 3,421

Luzon 4,344 4,549 326 4,223 Region I - Ilocos 486 520 38 482 Region II - Cagayan Valley 347 358 31 327 Region III - Central Luzon 1,088 1,146 85 1,061 Region IV-A - CALABARZON 1,621 1,665 104 1,561 Region IV-B - MIMAROPA 246 267 24 243 Region V - Bicol 397 428 28 400 Cordillera Administrative Region (CAR) 159 165 16 149

Visayas 1,527 1,590 112 1,478 Region VI - Western Visayas 426 455 41 414 Region VII - Central Visayas 620 628 31 597 Region VIII - Eastern Visayas 200 210 16 194 NIR - Negros Island Region 1/ 281 297 24 273 Mindanao 1,460 1,486 81 1,405 Region IX - Zamboanga Peninsula 215 220 16 204 Region X - Northern Mindanao 376 383 30 353 Region XI - Davao Region 408 424 12 412 Region XII - SOCCSKSARGEN 2/ 222 232 11 221 ARMM 21 19 2 17 CARAGA 218 208 10 198 Overseas 46 49 0 49 Asia-Pacific 17 19 0 19 Europe 4 4 0 4 North America 5 5 0 5 Middle East 20 21 0 21

1/ Created under Executive Order No. 183 dated 29 May 2015; composed of the provinces of Negros Occidental (formerly of Region VI) and Negros Oriental (formerly of Region VII) 2/ Composed of the provinces of North Cotabato, South Cotabato, Sultan Kudarat and Sarangani, and the cities of General Santos, Koronadal, Tacurong and Kidapawan.

Supervision and Examination Sector 39 Second Semester 2016

Appendix 5. Philippine Banking System: Density Ratio

End-December 2015 End-June 2016 End-December 2016

Banking Banking Banking No. of persons No. of persons No. of persons Offices per Offices per Offices per served by each served by each served by each City/ City/ City/ Banking Office 1/ Banking Office 1/ Banking Office 1/ Municipality Municipality Municipality

Nationwide 7 9,614 6 9,836 7 9,483

National Capital Region (NCR) 199 3,617 195 3,767 200 3,749

Luzon 6 10,395 6 10,688 6 10,247 Region I - Ilocos 4 11,674 4 11,541 4 10,273 Region II - Cagayan 4 10,522 4 10,553 4 10,045 Region III - Central Luzon 8 10,225 8 10,558 9 10,035 Region IV-A - CALABARZON 11 8,109 11 8,708 12 8,807 Region IV-B - MIMAROPA 3 13,890 3 13,631 3 12,415 Region V - Bicol 3 15,814 3 15,897 4 14,899 Cordillera Administrative Region (CAR) 2 11,752 2 11,734 2 11,349

Visayas 4 13,733 4 13,750 4 12,832 Region VI - Western Visayas 4 11,413 4 11,433 4 10,488 Region VII - Central Visayas 6 10,114 6 10,094 6 9,785 Region VIII - Eastern Visayas 1 24,558 1 25,496 1 22,230 NIR - Negros Island Region 2/ 5 17,531 5 17,443 5 16,312 Mindanao 3 16,861 3 17,304 3 16,874 Region IX - Zamboanga Peninsula 3 17,872 3 18,536 3 17,495 Region X - Northern Mindanao 4 12,765 4 12,878 4 12,584 Region XI - Davao Region 8 11,541 8 12,118 9 12,129 Region XII - SOCCSKSARGEN 3/ 4 20,378 4 21,133 4 20,938 ARMM 0 187,762 0 184,471 0 200,253 CARAGA 3 12,842 3 13,207 3 12,666

1/ Philippine population based on National Statistics Office (NSO) data 2/ Created under Executive Order No. 183 dated 29 May 2015; composed of the provinces of Negros Occidental (formerly of Region VI) and Negros Oriental (formerly of Region VII) 3/ Composed of the provinces of North Cotabato, South Cotabato, Sultan Kudarat and Sarangani, and the cities of General Santos, Koronadal, Tacurong and Kidapawan.

40 40 !#$-$$'3.#04'1-07$/-*'!7$1#4#*-.+#,2 40 Appendix 6. Philippine Banking System: Number of Automated Teller Machines (ATMs)

On-site Off-site Total

Dec '15 Dec '16 Dec '15 Dec '16 Dec '15 Dec '16

TOTAL 9,751 10,722 7,566 8,362 17,317 19,084

NATIONWIDE 9,750 10,721 7,564 8,360 17,314 19,081

National Capital Region (NCR) 3,861 4,233 3,236 3,436 7,097 7,669

Luzon 3,306 3,641 2,549 2,907 5,855 6,548 Region I - Ilocos 340 372 217 242 557 614 Region II - Cagayan 203 232 93 122 296 354 Region III - Central Luzon 901 996 668 752 1,569 1,748 Region IV-A - CALABARZON 1,301 1,421 1,265 1,427 2,566 2,848 Region IV-B - MIMAROPA 157 172 64 78 221 250 Region V - Bicol 272 305 145 174 417 479 Cordillera Administrative Region (CAR) 132 143 97 112 229 255 Visayas 1,356 1,512 961 1,097 2,317 2,609 Region VI - Western Visayas 316 372 150 178 466 550 Region VII - Central Visayas 586 627 611 675 1,197 1,302 Region VIII - Eastern Visayas 179 207 68 84 247 291 NIR - Negros Island Region 1/ 275 306 132 160 407 466 Mindanao 1,227 1,335 818 920 2,045 2,255 Region IX - Zamboanga Peninsula 166 179 88 112 254 291 Region X - Northern Mindanao 268 295 186 202 454 497 Region XI - Davao Region 407 438 301 338 708 776 Region XII - SOCCSKSARGEN 2/ 219 238 144 158 363 396 ARMM 25 27 8 8 33 35 CARAGA 142 158 91 102 233 260

OVERSEAS 1 1 2 2 3 3

Supervision and Examination Sector 41 Second Semester 2016

Appendix 7: Philippine Banking System: Number of Banks Authorized to Engage in E-Banking Operations As of End-December 2016

Mobile/ Cash Card/ Electronic Internet/ Bancnet POS Remittance Lendr Wallet Mobile Phone Internet e-Shopping Cash-out Card Remittance Program Mobile Apps ETFPS (BIR) (G-Cash/ Banking Banking Banking thru Bancnet Aggregator/ (Electronic Card Only (of Voyager Smart & Megalink Acquirer Money Innovations) Money) Switch Issuers)

UNIVERSAL AND COMMERCIAL BANKS 15 14 31 20 12 5 18 19 1 5 - Universal Banks 13 13 17 12 9 3 15 13 1 4 - Commercial Banks 2 1 14 8 3 2 3 6 - 1 - THRIFT BANKS 10 5 11 22 3 5 2 8 - 7 1 Controlled Thrift Banks 7 5 7 9 2 - 2 5 - 2 1 Non-Linked Thrift Banks 3 - 4 13 1 5 - 3 - 5 - RURAL AND COOPERATIVE BANKS 1 - - 8 - 5 - 1 - 44 1 TOTAL 26 19 42 50 15 15 20 28 1 56 2

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42 Supervision and Examination Sector 43 Second Semester 2016

Appendix 9. Philippine Banking System: Asset Quality Indicators 1/

Levels (P Billion) 2012 2013 2014 2015 * 2016 p/ Total Assets 8,049.7 9,970.8 11,169.0 12,085.7 13,585.8 Gross Assets 2/ 8,236.8 10,164.2 11,366.2 12,278.2 13,790.9 Total Loan Portfolio (TLP) 3/ 4,228.6 4,897.0 5,832.4 6,530.0 7,612.5 Interbank Loans Receivable (IBL) 161.1 185.1 246.4 214.6 266.5 TLP 3/ , net of Interbank Loans (IBL) 4,067.5 4,711.9 5,586.0 6,315.4 7,345.9 TLP, net of ACL 4,071.8 4,736.1 5,670.8 6,368.5 7,439.5 Gross Non-Performing Loans (NPL) 143.0 135.5 134.8 136.8 144.8 Net NPL 4/ 30.4 28.6 34.7 42.4 43.8 Allowance for Credit Losses (ACL) 156.8 160.9 161.6 161.5 173.0 ROPA 3/ 5/ 131.8 129.3 121.0 113.1 110.2 ROPA (inclusive of performing SCR) 146.7 142.3 132.9 124.5 123.6 Provisions for ROPA 6/ 30.3 32.5 35.7 31.1 32.1 Restructured Loans (RL) 3/ 40.2 34.2 35.2 34.6 37.4 RL, Performing 22.0 18.9 20.4 18.1 19.1 Distressed Assets 7/ 296.8 283.8 276.2 268.0 274.1 Non-Performing Assets (NPAs) 8/ 274.8 264.8 255.9 249.8 255.1 Allowance on NPA 9/ 187.1 193.4 197.2 192.5 205.1 Performing Sales Contract Receivables 14.9 13.0 11.9 11.5 13.4

Growth Rates Total Assets 9.7 % 23.9 % 12.0 % 8.2 % 12.4 % Gross Assets 2/ 9.6 % 23.4 % 11.8 % 8.0 % 12.3 % Total Loan Portfolio (TLP) 3/ 12.4 % 15.8 % 19.1 % 12.0 % 16.6 % Interbank Loans Receivable (IBL) 3.0 % 14.9 % 33.1 % (12.9%) 24.2 % TLP 3/ , net of Interbank Loans (IBL) 12.8 % 15.8 % 18.6 % 13.1 % 16.3 % TLP, net of ACL 12.6 % 16.3 % 19.7 % 12.3 % 16.8 % Gross Non-Performing Loans (NPL) 1.0 % (5.2%) (0.5%) 1.5 % 5.9 % Net NPL 4/ (18.1%) (6.0%) 21.5 % 21.9 % 3.3 % Allowance for Credit Losses (ACL) 7.8 % 2.6 % 0.4 % (0.1%) 7.1 % ROPA 3/ 5/ (6.9%) (1.9%) (6.4%) (6.6%) (2.5%) ROPA (inclusive of performing SCR) (6.4%) (3.0%) (6.6%) (6.3%) (0.7%) Provisions for ROPA 6/ (3.3%) 7.3 % 9.8 % (12.8%) 3.3 % Restructured Loans (RL) 3/ (13.6%) (15.0%) 2.8 % (1.5%) 8.1 % RL, Performing (14.4%) (14.0%) 7.4 % (10.9%) 5.1 % Distressed Assets 7/ (3.9%) (4.4%) (2.7%) (3.0%) 2.3 % Non-Performing Assets (NPAs) 8/ (3.0%) (3.6%) (3.4%) (2.3%) 2.1 % Allowance on NPA 9/ 5.8 % 3.4 % 2.0 % (2.4%) 6.5 % Performing Sales Contract Receivables (1.1%) (12.3%) (8.5%) (3.9%) 17.1 %

1/ Figures are computed in accordance with the NPL definition as prescribed under BSP Circular No. 772 dated 16 October 2012 effective 01 January 2013. 2/ Gross Assets refer to Total Assets plus Allowance on NPA. 3/ Gross of Provisions 4/ Net NPLs refer to Gross NPLs less specific allowance for credit losses on TLP. 5/ Real and Other Properties Acquired; ROPA includes Non-Current Assets Held for Sale and Non-Performing Sales Contract Receivables 6/ Provisions for ROPA are inclusive of Accumulated Depreciation 7/ Distressed Assets refer to NPAs plus performing RLs. 8/ NPAs refer to Gross NPLs plus ROPA. 9/ Allowance on NPA refers to ACL plus Provisions for ROPA. * Data for R/CBs as of end-September 2015 p/ Preliminary; Data for R/CBs as of end-September 2016

44 44 !#$-$$'3.#04'1-07$/-*'!7$1#4#*-.+#,2 44 Appendix 10. Total Trust Operations (Philippine Banks & NBFIs): Financial Highlights

Levels (P Billion) 2012 2013 2014 2015 2016

TOTAL ASSETS 3,160.5 2,582.2 2,663.3 2,671.4 2,961.0 Cash and Due from banks 1,297.2 372.8 357.7 384.6 287.4 Cash on Hand, Checks and Other Cash Items - 0.0 - 0.0 0.0 Reserve Deposit Accounts 0.3 0.4 7.6 5.7 - Special Deposit Accounts 1,296.9 372.3 350.1 378.9 - Demand Deposit Account 1,296.9 1.9 Overnight Deposit Account 1,296.9 53.8 Term Deposit Account 1,296.9 231.7 Deposits in Banks 289.3 519.1 496.2 535.7 729.3 Financial Assets, gross (net of amortization) 951.9 1,217.3 1,297.1 1,397.0 1,547.7 Accumulated Market Gains/Losses 128.4 83.9 113.6 80.0 59.6 Allowance for Credit Losses 0.6 0.7 0.7 0.6 0.9 Financial Assets, net 1,079.7 1,300.4 1,410.0 1,476.3 1,606.3 Loans, (gross) 104.8 72.8 77.6 73.8 69.6 Allowance for probable losses 6.5 6.6 7.1 6.5 1.9 Loans, net 98.3 66.2 70.5 67.4 67.7 Equity Investments (gross) 73.8 76.0 75.4 88.0 82.1 Allowance for probable losses 1.0 1.8 2.9 2.5 2.8 Accumulated Market Gain/(Loss) - - - - - Equity Investments (net) 72.8 74.1 72.5 85.4 79.3 ROPA (net) 0.2 0.2 0.2 0.1 0.1 Sales Contract Receivables (Non-Performing) - - - - - Other assets 323.0 249.4 256.2 121.9 190.7 - TOTAL ACCOUNTABILITIES 3,160.5 2,582.2 2,663.3 2,671.4 2,961.0 Wealth/Asset/Fund Management Accounts (Trust) 974.1 1,372.7 1,459.4 1,559.1 1,715.3 UITF 199.9 567.7 600.0 677.4 831.7 Employee Benefit 249.6 268.5 303.4 311.3 318.0 Pre-Need 114.8 110.1 113.3 114.9 115.0 Other Institutional Trust Accounts 62.5 72.4 51.5 45.3 36.6 Personal Trust 337.3 343.0 372.6 391.5 393.8 Personal Pension Fund - - - - - Personal Retirement Fund 0.1 0.2 0.2 0.2 0.1 Other IndividualTrust Accounts 9.8 10.9 18.4 18.5 20.1 Wealth/Asset/Fund Management Accounts (Agency) 1,552.3 732.2 757.4 799.2 883.0 Employee Benefit 49.5 51.4 57.0 52.4 53.8 Pre-Need 0.8 0.7 1.4 0.8 0.8 Other Institutional Agency Accounts 683.9 399.4 467.3 506.0 564.3 Personal Pension Fund - 0.0 - - - Personal Retirement Fund - - 0.0 0.0 0.0 Other Individual Agency Accounts 818.1 280.8 231.8 240.0 264.1 Other Fiduciary Services 618.5 467.6 440.2 309.7 361.3 UITF 5.9 6.5 6.9 11.7 16.0 Court Trusts 62.4 67.2 64.6 66.0 65.9 Corporate Fiduciary Trust 122.4 29.3 32.3 45.7 40.5 Escrow 92.0 97.1 67.0 52.1 37.2 Custodianship 195.1 221.3 224.5 91.9 158.5 Safekeeping 0.2 0.1 0.1 0.1 0.1 Others 140.4 46.2 44.9 42.2 43.0 Advisory/Consultancy - - - - - Special Purpose Trust 15.7 9.6 6.3 3.4 1.4

Figures may not add up due to rounding-off 0.0 Less than P0.05 billion

Supervision and Examination Sector 45 Second Semester 2016

Appendix 11. Total Trust Operations (Philippine Banks & NBFIs): Growth Rates

2012 2013 2014 2015 2016

TOTAL ASSETS 10.6% (18.3%) 3.1 % 0.3 % 10.8 % Cash and Due from banks STS$ (71.3%) (4.1%) 7.5 % (25.3%) Cash on Hand, Checks and Other Cash Items Reserve Deposit Accounts SRTY$ 37.6 % 1,641.7 % (25.2%) (100.0%) Special Deposit Accounts STS$ (71.3%) (6.0%) 8.2 % (100.0%) Demand Deposit Account Overnight Deposit Account Term Deposit Account Deposits in Banks 31.8% 79.4 % (4.4%) 7.9 % 36.2 % Financial Assets, gross (net of amortization) 30.4% 27.9 % 6.6 % 7.7 % 10.8 % Accumulated Market Gains/Losses 62.3% (34.7%) 35.4 % (29.6%) (25.5%) Allowance for Credit Losses UT[$ 23.1 % (6.9%) (7.5%) 51.2 % Financial Assets, net 33.5% 20.4 % 8.4 % 4.7 % 8.8 % Loans, (gross) 4.2% (30.6%) 6.6 % (4.8%) (5.7%) Allowance for probable losses 82.9% 1.8 % 7.7 % (8.8%) (70.7%) Loans, net 1.3% (32.7%) 6.5 % (4.4%) 0.5 % Equity Investments (gross) 7.8% 3.0 % (0.7%) 16.6 % (6.7%) Allowance for probable losses 2.4% 87.4 % 55.2 % (12.1%) 9.5 % Accumulated Market Gain/(Loss) Equity Investments (net) 7.9% 1.8 % (2.1%) 17.8 % (7.1%) ROPA (net) S[TZ$ 3.1 % 1.1 % (11.6%) (37.9%) Sales Contract Receivables (Non RPerforming) Other assets ZTT$ (22.8%) 2.8 % (52.4%) 56.4 %

TOTAL ACCOUNTABILITIES 10.6% (18.3%) 3.1 % 0.3 % 10.8 % Wealth/Asset/Fund Management Accounts (Trust) 19.7% 40.9 % 6.3 % 6.8 % 10.0 % UITF 40.6% 184.0 % 5.7 % 12.9 % 22.8 % Employee Benefit 15.5% 7.6 % 13.0 % 2.6 % 2.2 % Pre RNeed 8.0% (4.1%) 2.9 % 1.5 % 0.0 % Other Institutional Trust Accounts 32.0% 15.7 % (28.8%) (12.1%) (19.3%) Personal Trust 16.3% 1.7 % 8.6 % 5.1 % 0.6 % Personal Pension Fund Personal Retirement Fund 27.1% 62.0 % 19.6 % (7.2%) (51.8%) Other IndividualTrust Accounts SUTZ$ 10.7 % 69.3 % 0.4 % 9.1 % Wealth/Asset/Fund Management Accounts (Agency) 10.8% (52.8%) 3.4 % 5.5 % 10.5 % Employee Benefit 14.1% 3.8 % 10.9 % (8.1%) 2.8 % Pre RNeed 24.6% (18.3%) 104.0 % (40.5%) (0.5%) Other Institutional Agency Accounts 11.7% (41.6%) 17.0 % 8.3 % 11.5 % Personal Pension Fund Personal Retirement Fund Other Individual Agency Accounts 9.9% (65.7%) (17.4%) 3.5 % 10.1 % Other Fiduciary Services 7.9% (24.4%) (5.9%) (29.6%) 16.6 % UITF 62.4% 10.5 % 5.1 % 70.6 % 36.6 % Court Trusts 1.8% 7.6 % (3.9%) 2.2 % (0.1%) Corporate Fiduciary Trust TRTS$ (76.1%) 10.4 % 41.4 % (11.4%) Escrow 41.5% 5.5 % (31.0%) (22.2%) (28.6%) Custodianship 28.3% 13.4 % 1.4 % (59.1%) 72.4 % Safekeeping Y[TS$ (70.6%) 10.5 % (5.7%) 3.2 % Others 2.3% (67.1%) (2.7%) (6.0%) 1.9 % Advisory/Consultancy SRRTR$ 0.0 % 0.0 % 0.0 % 0.0 % Special Purpose Trust UVTT$ (39.0%) (34.4%) (45.4%) (59.1%) 8Q V"" .:J 8 Q 46 46 !#$-$$'3.#04'1-07$/-*'!7$1#4#*-.+#,2 46 Appendix 12. Total Trust (Philippine Banks and NBFIs) : Selected Performance Indicators

Selected Ratios 2012 2013 2014 2015 2016 Liquidity Cash and Due from Banks to Total Accountabilities 41.0 % 14.4% 13.4% 14.4% 9.7% Liquid Assets to Total Accountabilities 71.2 % 61.6% 62.1% 66.7% 62.0% Loans (gross) to Total Accountabilities 3.3 % 2.8% 2.9% 2.8% 2.4% Asset Quality Non-Performing Loans (NPL) Ratio 2.2 % 2.2% 1.2% 1.2% 1.2% NPL Coverage Ratio 279.6 % 419.5% 742.1% 743.2% 219.4% Non-Performing Assets (NPA) to Gross Assets 0.1 % 0.1% 0.0% 0.0% 0.0% NPA Coverage Ratio 247.6 % 360.9% 585.4% 592.6% 190.6%

Supervision and Examination Sector 47 Second Semester 2016

Appendix 13. Total Trust Operations (Philippine Banks & NBFIs): Balance Sheet Structure

2012 2013 2014 2015 2016

ASSETS AND ACCOUNTABILITIES TOTAL ASSETS 100.0% 100.0% 100.0% 100.0% 100.0% Cash and Due from banks 41.0% 14.4% 13.4% 14.4% 9.7% Cash on Hand, Checks and Other Cash Items ...... Reserve Deposit Accounts ...... 0.3% 0.2% . . . Special Deposit Accounts 41.0% 14.4% 13.1% 14.2% . . . Demand Deposit Account Overnight Deposit Account Term Deposit Account Deposits in Banks 9.2% 20.1% 18.6% 20.1% 24.6% Financial Assets, gross (net of amortization) 30.1% 47.1% 48.7% 52.3% 52.3% Accumulated Market Gains/Losses 4.1% 3.2% 4.3% 3.0% 2.0% Allowance for Credit Losses ...... Financial Assets, net 34.2% 50.4% 52.9% 55.3% 54.2% Loans, (gross) 3.3% 2.8% 2.9% 2.8% 2.4% Allowance for probable losses 0.2% 0.3% 0.3% 0.2% . . . Loans, net 3.1% 2.6% 2.6% 2.5% 2.3% Equity Investments (gross) 2.3% 2.9% 2.8% 3.3% 2.8% Allowance for probable losses ...... 0.1% ...... Accumulated Market Gain/(Loss) ...... Equity Investments (net) 2.3% 2.9% 2.7% 3.2% 2.7% ROPA (net) ...... Sales Contract Receivables (Non-Performing) ...... Other assets 10.2% 9.7% 9.6% 4.6% 6.4%

TOTAL ACCOUNTABILITIES 100.0% 100.0% 100.0% 100.0% 100.0% Wealth/Asset/Fund Management Accounts (Trust) 30.8% 53.2% 54.8% 58.4% 57.9% UITF 6.3% 22.0% 22.5% 25.4% 28.1% Employee Benefit 7.9% 10.4% 11.4% 11.7% 10.7% Pre-Need 3.6% 4.3% 4.3% 4.3% 3.9% Other Institutional Trust Accounts 2.0% 2.8% 1.9% 1.7% 1.2% Personal Trust 10.7% 13.3% 14.0% 14.7% 13.3% Personal Pension Fund ...... Personal Retirement Fund ...... Other Individual Trust Accounts 0.3% 0.4% 0.7% 0.7% 0.7% Wealth/Asset/Fund Management Accounts (Agency) 49.1% 28.4% 28.4% 29.9% 29.8% Employee Benefit 1.6% 2.0% 2.1% 2.0% 1.8% Pre-Need ...... Other Institutional Agency Accounts 21.6% 15.5% 17.5% 18.9% 19.1% Personal Pension Fund ...... Personal Retirement Fund ...... Other Individual Agency Accounts 25.9% 10.9% 8.7% 9.0% 8.9% Other Fiduciary Services 19.6% 18.1% 16.5% 11.6% 12.2% UITF 0.2% 0.3% 0.3% 0.4% 0.5% Court Trusts 2.0% 2.6% 2.4% 2.5% 2.2% Corporate Fiduciary Trust 3.9% 1.1% 1.2% 1.7% 1.4% Escrow 2.9% 3.8% 2.5% 2.0% 1.3% Custodianship 6.2% 8.6% 8.4% 3.4% 5.4% Safekeeping ...... Others 4.4% 1.8% 1.7% 1.6% 1.5% Advisory/Consultancy ...... Special Purpose Trust 0.5% 0.4% 0.2% 0.1% . . .

Figures may not add up due to rounding-off. . . . Less than 0.05 percent

48 48 !#$-$$'3.#04'1-07$/-*'!7$1#4#*-.+#,2 48 Appendix 14. Foreign Currency Deposit Unit: Financial Highlights

2012 2013 2014 2015 2016 In US$ Million Income Statement Total Operating Income 1,314.2 1,047.6 1,095.8 969.0 1,281.9 Net Interest Income 725.1 688.8 683.0 719.9 728.8 Non-interest Income 589.1 358.8 412.8 249.1 553.1 Non-Interest Expenses 218.5 175.1 183.7 185.2 184.4 Losses/Recoveries on Financial Assets (37.5) (10.5) (17.2) (2.7) (13.4) Bad Debts/Provision for Credit Losses (27.6) (11.4) (18.8) (4.5) (15.8) Recovery on Charged-Off Assets 3.7 0.9 1.6 1.9 2.4 Net Profit Before Share in the Profit/(Loss) of Unconsolidated Subs., Associates & Joint Ventures 1,071.8 862.0 894.8 781.1 1,084.1 Share in the Profit/(Loss) of Unconsolidated Subsidiaries, Associates & Joint Ventures - - - - Total Profit/Loss Before Tax & Before Minority Interest 1,071.8 862.0 894.8 781.1 1,084.1 Income Tax Expense 17.1 25.3 25.5 24.5 25.5 Total Profit/Loss After Tax & Before Minority Interest 1,054.8 836.7 869.4 756.6 1,058.6 Minority Interest in Profit/(Loss) of Subsidiaries - - - - Net Profit or Loss 1,054.8 836.7 869.4 756.6 1,058.6

Balance Sheet Total Assets 1 33,328.4 35,380.2 41,667.5 44,076.7 48,201.1 Cash and Due from Banks 3,263.9 4,151.2 5,828.0 5,227.9 6,931.9 Financial Assets, gross 17,731.6 17,143.1 18,370.0 22,312.5 22,332.1 Allowance for Credit Losses 74.1 55.9 34.7 30.6 23.7 Accumulated Market Gains/Losses 333.2 (409.0) 135.2 (21.4) (23.0) Financial Assets, net 17,990.7 16,678.3 18,470.4 22,260.5 22,285.4 Interbank Loans Receivable (IBL), net 2,795.0 3,147.4 4,155.6 3,270.5 4,472.6 Loans, gross (exclusive of IBL) 8,571.8 10,483.9 12,511.5 12,723.1 13,987.1 Allowance for Probable Losses 2 127.3 120.0 137.3 141.4 147.4 Loans, net (exclusive of IBL) 8,444.5 10,363.9 12,374.1 12,581.6 13,839.6 Equity investments, net - - - - - ROPA, net 1.3 0.5 0.4 0.5 0.2 Other Assets, net 832.8 1,039.0 839.0 735.7 671.4 Total Liabilities 31,689.0 34,755.3 40,548.2 43,432.1 47,525.1 Financial Liabilities Held for Trading 103.4 97.6 227.0 131.0 131.8 Financial Liabilities DFVPL - --- - Deposit Liabilities 25,176.3 25,911.2 31,790.8 32,445.6 35,871.7 Due to Other Banks 290.0 813.4 819.3 726.6 688.0 Bills Payable 2,828.2 4,537.9 4,690.8 6,860.8 7,375.2 Bonds Payable, net 1,421.5 1,422.4 1,422.5 2,033.8 2,034.7 Unsecured Subordinated Debt, net - --- - Other Liabilities 249.0 305.2 472.0 243.0 339.9 Due to HO/Br./Agencies/FCDU/RBU, net 3 1,620.3 1,667.6 1,125.8 991.3 1,083.8 Total Capital Accounts 4 1,639.4 624.9 1,119.3 644.6 676.0

1 Adjusted to net off the account "Due from Head Office" with "Due to Head Office" of branches of foreign banks 2 Inclusive of General Loan Loss Provision 3 Net of Due from Head Office/Branches/Agencies (Philippine branches of foreign banks) and Due from FCDU/RBU 4 Revised based on the Financial Reporting Package (FRP) data

Supervision and Examination Sector 49 Second Semester 2016

Appendix 15. Foreign Currency Deposit Unit: Growth Rates

2012 2013 2014 2015 2016 Growth Rates Income Statement Total Operating Income 5.9% (28.1%) 4.6% (11.6 %) 32.3% Net Interest Income 2.3% (3.9%) -0.8% 5.4 % 1.2% Non-interest Income 10.8% (51.5%) 15.1% (39.7 %) 122.1% Non-Interest Expenses 48.9% (20.2%) 5.0% 0.8 % (0.4 %) Losses/Recoveries on Financial Assets 243.4% 156.0% 64.1% (84.6 %) (404.4 %) Bad Debts/Provision for Credit Losses 3.9% (6.6%) 64.8% (75.8 %) (247.8 %) Recovery on Charged-Off Assets 87.9% (88.7%) 72.3% 18.9 % 27.2% Net Profit Before Share in the Profit/(Loss) of 0.0 Unconsolidated Subs., Associates & Joint Ventures 0.2% (30.1%) 3.8% (12.7 %) 38.8% Share in the Profit/(Loss) of Unconsolidated Subsidiaries, Associates & Joint Ventures - - - - - Total Profit/Loss Before Tax & Before Minority Interest 0.2% (30.1%) 3.8% (12.7 %) 38.8% Income Tax Expense 13.4% 27.86% 0.4% (3.8 %) 4.0% Total Profit/Loss After Tax & Before Minority Interest 0.0% (31.1%) 3.9% (13.0 %) 39.9% Minority Interest in Profit/(Loss) of Subsidiaries - - - Net Profit or Loss 0.0% (31.1%) 3.9% (13.0 %) 39.9%

Balance Sheet Total Assets 1 10.7% 6.2% 17.8% 5.8 % 9.4% Cash and Due from Banks (5.4 %) 27.2% 40.4% (10.3 %) 32.6% Financial Assets, gross 11.6% (3.3 %) 7.2% 21.5 % 0.1% Allowance for Credit Losses (21.9 %) (24.6 %) (37.8 %) (11.9 %) (22.6 %) Accumulated Market Gains/Losses 118.6% (222.7 %) 133.1% (115.8 %) (7.4 %) Financial Assets, net 12.8% (7.3 %) 10.7% 20.5 % 0.1% Interbank Loans Receivable (IBL), net 5.8% 12.6% 32.0% (21.3 %) 36.8% Loans, gross (exclusive of IBL) 16.7% 22.3% 19.3% 1.7 % 9.9% Allowance for Probable Losses 2 (8.0 %) (5.7 %) 14.4% 3.0% 4.2% Loans, net (exclusive of IBL) 17.2% 22.7% 19.4% 1.7 % 10.0% Equity investments, net - - - - - ROPA, net 1200.0% (67.5 %) (17.8 %) 27.8% (57.9 %) Other Assets, net (1.9 %) 24.8% (19.2 %) (12.3 %) (8.7 %) Total Liabilities 9.9% 9.7% 16.7% 7.1 % 9.4% Financial Liabilities Held for Trading -4.8% (5.7 %) 132.6% (42.3 %) 0.6% Financial Liabilities DFVPL - - - - - Deposit Liabilities 4.0% 2.9% 22.7% 2.1 % 10.6% Due to Other Banks (34.8 %) 180.4% 0.7% (11.3 %) (5.3 %) Bills Payable 24.3% 60.5% 3.4% 46.3% 7.5% Bonds Payable, net 68.0% 0.1% 0.0% 43.0 % 0.0% Unsecured Subordinated Debt, net - - - - - Other Liabilities -9.5% 22.5% 54.7% (48.5 %) 39.9% Due to HO/Br./Agencies/FCDU/RBU, net 3 137.8% 2.9% (32.5 %) (11.9 %) 9.3% Total Capital Accounts 4 29.7% (61.8%) 79.1% (42.4 %) 4.9%

50 50 !#$-$$'3.#04'1-07$/-*'!7$1#4#*-.+#,2 50 Appendix 16. Foreign Currency Deposit Unit: Selected Performance Indicators

2012 2013 2014 2015 2016 Selected Ratios Liquidity Liquid Assets to Deposits 1 (excl. of ROPs) 52.6 52.2 52.4 56.4 54.8 Liquid Assets to Deposits 1 (incl. of ROPs) 84.4 80.4 76.4 84.7 81.4 Loans, gross to Deposits 45.1 52.6 52.4 49.3 51.5 Asset Quality Non-Performing Loans (NPL) Ratio 2 0.3 0.1 0.2 0.2 0.4 NPL Coverage Ratio 2 465.0 1,123.6 492.7 498.8 243.1 Non-Performing Assets (NPA) to Gross Assets 2 0.1 0.0 0.1 0.1 0.1 NPA Coverage Ratio 2 397.3 1,073.3 485.2 489.1 242.3 Profitability Cost to Income Ratio 16.6 17.1 16.8 19.0 14.4 Return on Assets (ROA) 3.3 3.3 2.3 1.8 2.3 Net Interest Margin 2.4 2.6 1.9 1.7 1.6

1 Liquid assets refers to Cash and Due from Banks plus Financial Assets, net of amortization (net of financial assets in equity securities and allowance for credit losses) 2 Exclusive of IBL

Supervision and Examination Sector 51 Second Semester 2016

Appendix 17. Foreign Bank Branches and Subsidiaries: Financial Highlights

Levels (P Billion) 2012 2013 2014 2015 2016 Income Statement Total Operating Income 52.8 56.3 51.0 51.5 55.8 Net Interest Income 33.8 30.6 31.6 32.7 34.1 Non-interest Income 19.0 25.6 19.4 18.8 21.7 Non-Interest Expenses 32.5 33.8 35.2 36.5 37.4 Losses/Recoveries on Financial Assets (5.1) (4.8) (5.2) (4.5) (2.1) Bad Debts/Provisions for Credit Losses 6.7 6.5 7.0 6.8 8.5 Recovery on Charged-Off Assets 1.6 1.7 1.7 2.2 6.4 Net Profit Before Share in the Profit/(Loss) of Unconsolidated 15.2 17.7 10.6 10.4 16.3 Subsidiaries, Associates and Joint Ventures Share in the Profit/(Loss) of Unconsolidated Subsidiaries, - - - - - Associates and Joint Ventures Total Profit/Loss Before Tax and Before Minority Interest 15.2 17.7 10.6 10.4 16.3 Income Tax Expense 4.7 5.5 3.8 4.5 5.1 Total Profit/Loss After Tax and Before Minority Interest 10.5 12.2 6.8 5.9 11.2 Minority Interest in Profit/(Loss) of Subsidiaries Net Profit or Loss 10.5 12.2 6.8 5.9 11.2

Balance Sheet Total Assets 950.7 1,037.7 1,033.8 987.8 1,055.1 Cash and Due from Banks 280.1 365.0 333.1 260.7 290.0 Financial Assets, gross (Other than Loans) 163.8 134.6 220.4 210.6 147.9 Financial Assets Held for Trading (HFT) 92.9 69.3 130.1 90.1 50.3 Financial Assets Designated at Fair Value through Profit - 0.9 0.9 0.0 - and Loss (DFVPL) Available-for-Sale (AFS) Financial Assets 62.5 56.4 81.4 109.4 90.3 Held-to-Maturity (HTM) Financial Assets 5.7 5.6 6.6 9.6 5.0 Unquoted Debt Securities Classified as Loans 2.5 2.3 1.4 1.3 2.2 0.2 0.1 0.1 0.1 0.1 Investments in Non-Marketable Equity Securities (INMES) Allowance for Credit Losses 1.5 0.2 0.2 (0.8) (0.5) Accumulated Market Gains/Losses 0.4 0.5 0.5 0.5 0.5 Financial Assets, net (Other than Loans) 164.8 134.3 220.1 209.3 147.0 Interbank Loans Receivable (IBL) 65.5 73.1 57.4 48.0 58.2 Loans. Gross (inclusive of IBL) 486.1 519.2 459.0 502.9 602.6 Loans, gross (exclusive of IBL) 420.6 446.1 401.7 454.9 544.4 Reverse Repurchase (RRP) with BSP and Other Banks 107.2 99.2 43.9 109.0 177.9 Loans, gross (exclusive of IBL and RRP with BSP and Other 313.4 346.9 357.7 345.8 366.6 Banks) Allowance for Probable Losses 14.0 14.1 14.5 12.8 11.5 Loans, net (exclusive of IBL and RRP with BSP and Other 299.4 332.8 343.2 333.1 355.0 Banks) Equity Investment in Subsidiaries, Associates and Joint 2.2 2.2 2.2 2.2 2.2 Ventures, net ROPA, net 0.6 0.8 0.8 1.0 1.2 Other Assets, net 30.9 30.4 33.1 24.4 23.6 Total Liabilities 811.4 892.9 812.3 846.6 898.3 Financial Liabilities Held for Trading 31.4 14.4 14.9 15.3 21.6 Financial Liabilities DFVPL - - - - - Deposits 481.4 645.1 638.6 597.1 661.7 Peso Liablities 293.6 432.6 395.2 359.8 400.6 Foreign Currency 187.8 212.4 243.4 237.3 261.1 Bills Payable 16.4 18.3 14.8 16.0 9.0 Other Liabilities 282.1 215.1 144.0 218.3 206.1 Unsecured Subordinated Debt - - - - - Redeemable Preferred Shares - - - - - Total Capital Accounts 139.3 144.9 221.5 141.2 156.8 Selected Ratios Figures may not add up due to rounding-off . . . Less than P0.05 billion

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Supervision and Examination Sector 53 Second Semester 2016

Appendix 19. Foreign Bank Branches and Subsidiaries: Selected Performance Indicators

Selected Ratios 2012 2013 2014 2015 2016 Profitability Non-interest Income to Total Operating Income 1/ 35.9 % 45.6 % 38.1 % 36.5 % 38.9 % Cost-to-Income 2/ 61.5 % 60.1 % 69.0 % 70.9 % 67.0 % Return on Assets (ROA) 3/ 1.2 % 1.2 % 0.7 % 0.6 % 1.1 % Return on Equity (ROE) 3/ 7.9 % 8.6 % 3.7 % 3.3 % 7.5 % Liquidity Cash and Due from Banks to Deposits 58.2 % 56.6 % 52.2 % 43.7 % 43.8 % Liquid Assets to Deposits 4/ 92.4 % 77.4 % 86.6 % 78.7 % 66.0 % Loans, gross to Deposits 101.0 % 80.5 % 71.9 % 84.2 % 91.1 % Asset Quality 5/ Allowance for Credit Losses (ACL) to TLP 2.9 % 2.7 % 3.2 % 2.5 % 1.9 % Gross Non-Performing Loans (NPL) to TLP 1.6 % 1.4 % 2.1 % 1.5 % 1.2 % NPL Ratio net of IBL 1.9 % 1.7 % 2.5 % 1.6 % 1.3 % NPL Coverage (ACL to Gross NPL) 176.7 % 190.0 % 147.1 % 173.4 % 156.7 % Non-Performing Assets (NPA) to Gross Assets 0.9 % 0.8 % 1.0 % 0.8 % 0.8 % NPA Coverage (Allowance on NPA to NPA) 166.4 % 179.6 % 139.8 % 156.8 % 133.8 % ROPA to Gross Assets Ratio 0.1 % 0.1 % 0.1 % 0.1 % 0.1 % ROPA Coverage Ratio 27.0 % 33.0 % 33.6 % 25.4 % 20.5 % Distressed Assets Ratio 1.9 % 1.7 % 2.4 % 1.8 % 1.5 % Capital Adequacy Total Capital Accounts to Total Assets 6/ 14.7 % 14.0 % 21.4 % 14.3 % 14.9 % Capital Adequacy Ratio (Solo) 7/ 22.2 % 22.9 % 17.2 % 21.5 % 22.1 % a/

1/ Non-interest income now includes dividend income 2/ Cost-to-Income Ratio refers to the ratio of non-interest expenses to total operating income 3/ ROA and ROE refer to the ratio of annualized net profit to average assets and capital, respectively. 4/ Liquid Assets refer to Cash and Due from Banks plus Financial Assets, net of amortization (net of financial assets in equity securities). 5/ Ratios are computed in accordance with the NPL definition as prescribed under BSP Circular No. 772 dated 16 October 2012 effective 01 January 2013. For comparative purposes, computations for periods prior to January 2013 are aligned with Circular No. 772. 6/ Total capital accounts includes redeemable preferred shares 7/ Refers to the ratio of qualifying capital to total risk-weighted assets. With the implementation of the reforms under the Basel III framework, the BSP issued Circular No. 781 dated 13 January 2013 providing the new computation of qualifying capital under the Basel III standards. While the three major risks (credit, market and operational risks) are still covered by the calculation of risk-based capital, the qualifying capital was strengthened through the eligibility criteria for recognition as capital including the required loss a/ CAR data as of end-September 2016

54 54 !#$-$$'3.#04'1-07$/-*'!7$1#4#*-.+#,2 54 Appendix 20. Foreign Bank Branches: Financial Highlights

Levels (P Billion) 2012 2013 2014 2015 2016 Income Statement Total Operating Income 44.8 47.9 43.9 43.5 47.4 Net Interest Income 27.8 24.5 25.9 26.3 27.2 Non-interest Income 16.9 23.3 18.0 17.2 20.2 Non-Interest Expenses 27.3 28.0 29.8 1.1 3.9 Losses/Recoveries on Financial Assets (4.2) (3.7) (4.7) 0.0 0.2 Bad Debts/Provisions for Credit Losses 5.7 5.3 6.3 5.3 3.7 Recovery on Charged-Off Assets 1.6 1.6 1.6 (4.4) (3.6) Net Profit Before Share in the Profit/(Loss) of Unconsolidated 13.3 16.1 9.4 2.1 6.3 Subsidiaries, Associates and Joint Ventures Share in the Profit/(Loss) of Unconsolidated Subsidiaries, - - - Associates and Joint Ventures Total Profit/Loss Before Tax and Before Minority Interest 13.3 16.1 9.4 9.1 15.8 Income Tax Expense 4.1 4.9 3.2 3.9 4.8 Total Profit/Loss After Tax and Before Minority Interest 9.2 11.2 6.2 5.2 11.0 Minority Interest in Profit/(Loss) of Subsidiaries Net Profit or Loss 9.2 11.2 6.2 5.2 11.0

Balance Sheet Total Assets 841.8 895.1 900.4 842.2 895.0 Cash and Due from Banks 255.8 316.4 293.4 230.2 248.6 Financial Assets, gross (Other than Loans) 146.7 118.6 203.7 193.2 132.9 Financial Assets Held for Trading (HFT) 89.8 66.1 128.0 89.1 49.2 Financial Assets Designated at Fair Value through Profit 0.9 0.9 - - and Loss (DFVPL) Available-for-Sale (AFS) Financial Assets 53.5 48.7 72.4 98.2 81.4 Held-to-Maturity (HTM) Financial Assets 1.5 1.1 1.4 4.8 0.9 Unquoted Debt Securities Classified as Loans 1.7 1.7 0.9 1.0 1.3 0.1 ...... 0.1 0.1 Investments in Non-Marketable Equity Securities (INMES) Allowance for Credit Losses 1.3 0.3 0.2 (0.7) (0.4) Accumulated Market Gains/Losses Financial Assets, net (Other than Loans) 147.6 118.7 203.6 192.2 132.2 Interbank Loans Receivable (IBL) 62.7 69.5 55.3 45.2 57.1 Loans, gross (exclusive of IBL) 357.4 373.0 330.3 364.7 447.0 Reverse Repurchase (RRP) with BSP and Other Banks 103.9 88.9 43.3 101.2 172.3 Loans, gross (exclusive of IBL and RRP with BSP and Other 253.4 284.1 287.0 263.5 274.7 Banks) Allowance for Probable Losses 9.7 9.7 12.1 10.8 8.8 Loans, net (exclusive of IBL and RRP with BSP and Other 243.8 274.4 274.9 252.7 265.9 Banks) Equity Investment in Subsidiaries, Associates and Joint 2.2 2.2 2.2 2.2 2.2 Ventures, net ROPA, net ...... Other Assets, net 25.7 25.0 27.7 18.3 16.7 Total Liabilities 720.0 772.3 699.6 723.3 760.9 Financial Liabilities Held for Trading 30.9 14.2 14.7 15.1 21.5 Financial Liabilities DFVPL - - - Deposits 402.9 537.1 537.4 488.3 535.5 Peso Liablities 239.2 347.8 322.6 274.4 298.6 Foreign Currency 163.8 189.3 214.7 213.9 236.9 Bills Payable 8.0 10.5 8.8 5.9 3.7 Other Liabilities 278.1 210.6 138.7 213.0 200.3 Unsecured Subordinated Debt - - - Redeemable Preferred Shares - - - Total Capital Accounts 121.8 122.8 200.8 118.9 134.1 Selected Ratios Figures may not add up due to rounding-off . . . Less than P0.05 billion

Supervision and Examination Sector 55 Second Semester 2016

Appendix 21. Foreign Bank Branches: Growth Rates

Growth Rates 2012 2013 2014 2015 2016 Income Statement Total Operating Income 30.8 % 7.0 % (8.3 %) (0.9 %) 8.9 % Net Interest Income 25.6 % (11.8 %) 5.5 % 1.5 % 3.3 % Non-interest Income (23.5 %) 37.8 % (22.9 %) (4.4 %) 17.3 % Non-Interest Expenses (7.4 %) 2.8 % 6.3 % (96.2 %) 242.8 % Losses/Recoveries on Financial Assets 348.7 % (10.3 %) 24.2 % (100.6 %) 443.7 % Bad Debts/Provisions for Credit Losses 58.4 % (6.7 %) 17.7 % (15.2 %) (31.4 %) Recovery on Charged-Off Assets 4.5 % 2.8 % 2.4 % (368.2 %) (18.1 %) Net Profit Before Share in the Profit/(Loss) of Unconsolidated Subsidiaries, Associates and Joint Ventures (14.2 %) 21.0 % (41.4 %) (77.3 %) 191.7 %

Share in the Profit/(Loss) of Unconsolidated Subsidiaries, Associates and Joint Ventures Total Profit/Loss Before Tax and Before Minority Interest (14.2 %) 21.0 % (41.4 %) (3.3 %) 73.2 % Income Tax Expense (4.6 %) 18.5 % (34.2 %) 21.2 % 23.6 % Total Profit/Loss After Tax and Before Minority Interest (18.0 %) 22.1 % (44.5 %) (16.0 %) 110.5 % Minority Interest in Profit/(Loss) of Subsidiaries Net Profit or Loss (18.0 %) 22.1 % (44.5 %) (16.0 %) 110.5 %

Balance Sheet Total Assets 14.1 % 6.3 % 0.6 % (6.5 %) 6.3 % Cash and Due from Banks (0.2 %) 23.7 % (7.3 %) (21.5 %) 8.0 % Financial Assets, gross (Other than Loans) 36.3% (19.1 %) 71.7 % (5.1 %) (31.2 %) Financial Assets Held for Trading (HFT) 95.0 % (26.4 %) 93.6 % (30.4 %) (44.8 %) Financial Assets Designated at Fair Value through (100.0 %) 1.1 % (100.0 %) 0.0 % Profit and Loss (DFVPL) Available-for-Sale (AFS) Financial Assets 0.6 % (8.9 %) 48.7 % 35.5 % (17.1 %) Held-to-Maturity (HTM) Financial Assets (4.4 %) (27.8 %) 23.9 % 248.6 % (81.1 %) Unquoted Debt Securities Classified as Loans (62.9 %) 3.3 % (47.7 %) 12.5 % 24.1 % Investments in Non-Marketable Equity Securities 146.9 % (69.6 %) 0.0 % 177.0 % 9.9 % (INMES) Allowance for Credit Losses 22.8 % (73.0 %) (48.3 %) (489.1 %) (40.5 %) Accumulated Market Gains/Losses 0.0 % (0.8 %) 0.0 % (1.2 %) 0.2 % Financial Assets, net (Other than Loans) 36.2% (19.6 %) 71.6 % (5.6 %) (31.2 %) Interbank Loans Receivable (IBL) 18.7 % 10.8 % (20.5 %) (18.2 %) 26.3 % Loans, gross (exclusive of IBL) 20.4 % 4.4 % (11.5 %) 10.4 % 22.5 % Reverse Repurchase (RRP) with BSP and Other Banks 81.7 % (14.4 %) (51.3 %) 133.7 % 70.2 % Loans, gross (exclusive of IBL and RRP with BSP and Other 5.8 % 12.1 % 1.0 % (8.2 %) 4.3 % Banks) Allowance for Probable Losses (4.1 %) 0.1 % 25.1 % (10.9 %) (19.0 %) Loans, gross (exclusive of IBL and RRP with BSP and Other 6.2 % 12.6 % 0.2 % (8.1 %) 5.2 % Banks) Equity Investment in Subsidiaries, Associates and Joint 85.5 % 0.0 % 0.6 % (0.0 %) Ventures, net ROPA, net (36.3 %) 228.2 % (62.8 %) 65.5 % 90.3 % Other Assets, net (20.6 %) (2.9 %) 10.9 % (33.9 %) (8.9 %) Total Liabilities 14.7 % 7.3 % (9.4 %) 3.4 % 5.2 % Financial Liabilities Held for Trading 20.3% (54.2 %) 4.0 % 2.7 % 41.8 % Financial Liabilities DFVPL (100.0 %) 0.0 % 0.0 % 0.0 % Deposits 2.2 % 33.3 % 0.0 % (9.1 %) 9.7 % Peso Liablities 6.3 % 45.4 % (7.2 %) (15.0 %) 8.8 % Foreign Currency (3.3 %) 15.6 % 13.4 % (0.4 %) 10.8 % Bills Payable (70.8 %) 31.2 % (16.0 %) (32.5 %) (38.2 %) Other Liabilities 54.4 % (24.3 %) (34.1 %) 53.5 % (6.0 %) Unsecured Subordinated Debt 0.0 % 0.0 % 0.0 % 0.0 % Redeemable Preferred Shares 0.0 % 0.0 % 0.0 % 0.0 % Total Capital Accounts 10.3 % 0.8 % 63.5 % (40.8 %) 12.8 %

56 56 !#$-$$'3.#04'1-07$/-*'!7$1#4#*-.+#,2 56 Appendix 22. Foreign Bank Branches: Selected Performance Indicators

Selected Ratios 2012 2013 2014 2015 2016 Profitability Non-interest Income to Total Operating Income 1/ 37.8 % 48.7 % 41.0 % 39.6 % 42.7 % Cost-to-Income 2/ 60.9 % 58.5 % 67.9 % 2.6 % 8.2 % Return on Assets (ROA) 3/ 1.2 % 1.3 % 0.7 % 0.6 % 1.3 % Return on Equity (ROE) 3/ 7.9 % 9.1 % 3.8 % 3.3 % 8.7 % Liquidity Cash and Due from Banks to Deposits 63.5 % 58.9 % 54.6 % 47.2 % 46.4 % Liquid Assets to Deposits 4/ 100.1 % 81.0 % 92.5 % 86.5 % 71.1 % Loans, gross to Deposits 104.2 % 82.4 % 71.8 % 84.0 % 94.1 % Asset Quality 5/ Loan Loss Reserves (LLR) to TLP 2.3 % 2.2 % 3.1 % 2.6 % 1.7 % Gross Non-Performing Loans (NPL) to TLP 0.8 % 0.6 % 1.8 % 1.1 % 0.9 % NPL Ratio net of IBL 1.0 % 0.8 % 2.1 % 1.3 % 0.9 % NPL Coverage (LLR to Gross NPL) 275.7 % 343.5 % 171.8 % 233.7 % 196.4 % Non-Performing Assets (NPA) to Gross Assets 0.4 % 0.3 % 0.8 % 0.5 % 0.5 % NPA Coverage (NPA Reserves to NPA) 273.8 % 339.9 % 171.4 % 232.7 % 195.2 % ROPA to Gross Assets Ratio ...... 73.5 % 78.0 % ROPA Coverage Ratio 83.2 % 44.4 % 73.7 % 50.9 % 37.0 % Distressed Assets Ratio 1.0 % 0.8 % 2.0 % 1.2 % 1.0 % Capital Adequacy Total Capital Accounts to Total Assets 6/ 14.5 % 13.7 % 22.3 % 14.1 % 15.0 % Capital Adequacy Ratio (Solo) 7/ 22.9 % 22.8 % 16.7 % 22.0 % 23.1 % a/

Supervision and Examination Sector 57 Second Semester 2016

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Supervision and Examination Sector 59 Second Semester 2016

Appendix 25. Foreign Bank Subsidiaries: Selected Performance Indicators

Selected Ratios 2012 2013 2014 2015 2016 Profitability Non-interest Income to Total Operating Income 1/ 25.1% 27.4% 20.0% 19.8% 17.9 % Cost-to-Income 2/ 64.9% 68.7% 75.6% 74.1% 75.3 % Return on Assets (ROA) 3/ 1.2% 0.8% 0.4% 0.5% 0.1 % Return on Equity (ROE) 3/ 8.0% 5.1% 2.9% 3.3% 1.0 % Liquidity Cash and Due from Banks to Deposits 31.0% 45.0% 39.2% 28.0 % 32.9 % Liquid Assets to Deposits 4/ 52.9% 59.6% 55.6% 43.7% 44.6 % Loans, gross to Deposits 84.1% 71.0% 72.6% 85.4% 78.1 % Asset Quality 5/ Loan Loss Reserves (LLR) to TLP 6.5% 5.7% 3.2% 2.1% 2.8 % Gross Non-Performing Loans (NPL) to TLP 6.7 % 6.0 % 3.8 % 2.9 % 3.0 % NPL Ratio net of IBL 7.0% 6.3% 3.9% 2.5% 2.7 % NPL Coverage (LLR to Gross NPL) 97.6% 95.7% 84.7% 71.4% 95.8 % Non-Performing Assets (NPA) to Gross Assets 4.4% 3.5% 2.5% 2.5% 2.7 % NPA Coverage (NPA Reserves to NPA) 89.3% 89.6% 74.7% 59.8 % 70.7 % ROPA to Gross Assets Ratio 0.5% 0.3% 0.5% 0.6% 0.9 % ROPA Coverage Ratio 23.4% 32.2% 31.9% 24.7% 20.1 % Distressed Assets Ratio 7.6% 6.7% 4.8% 4.2% 4.5 % Capital Adequacy Total Capital Accounts to Total Assets 6/ 16.1% 15.5% 15.6% 15.3% 14.2 % Capital Adequacy Ratio (Solo) 7/ 18.5% 23.7% 20.5% 19.5% 17.7 % a/

a/ CAR data for Subsidiary Thrift Banks and Stand-Alone Thrift Banks as of end-September 2016

60 60 !#$-$$'3.#04'1-07$/-*'!7$1#4#*-.+#,2 60 Appendix 26. Non-Banks with Quasi-Banking Functions (NBQBs) Financial Highlights

Levels (P Billion) 2012 2013 2014 2015 2016 Income Statement Total Operating Income 22.9 22.0 19.2 18.9 21.9 Net Interest Income 13.6 10.0 11.9 13.4 15.2 Non-interest Income 9.3 12.0 7.3 5.5 6.8 Operating Expenses 14.1 11.4 11.5 12.5 13.5 Bad Debts/Provisions for Probable Losses 5.2 2.9 3.8 4.2 4.7 Other Operating Expenses 8.8 8.5 7.7 8.3 8.8 Net Operating Income 8.8 10.6 7.6 6.4 8.4 Extraordinary Credits/(Charges) 0.9 7.7 1.3 1.2 1.0 Net Income Before Tax 9.7 18.3 8.9 7.5 9.5 Provisions for Income Tax 2.2 2.0 2.4 2.2 2.8 Net Income After Tax (NIAT) 7.6 16.3 6.5 5.3 6.6

Balance Sheet Total Assets 186.7 177.3 189.6 205.1 221.1 Cash and Due from Banks 25.7 26.0 29.6 33.3 37.7 Interbank Loans Receivable (IBL) 0.0 0.0 2.1 3.2 0.0 Loans, gross (exclusive of IBL) 81.5 75.5 92.1 105.2 133.7 Allowance for Probable Losses 3.1 2.3 3.0 3.3 3.6 Loans, net (exclusive of IBL) 78.3 73.3 89.0 101.9 130.1 Investments, net 71.5 66.4 56.8 55.5 42.8 ROPA, net 0.9 0.7 0.8 0.6 0.6 Other Assets 10.2 10.9 11.3 10.6 9.9 Total Liabilities 147.3 134.4 145.1 159.6 175.2 Bills Payable 122.8 106.3 114.0 127.2 137.8 Other Liabilities 24.5 28.0 31.2 32.4 37.4 Total Capital Accounts 39.4 42.9 44.5 45.5 45.9

Figures may not add up due to rounding-off

Supervision and Examination Sector 61 Second Semester 2016

Appendix 27. Non-Banks with Quasi-Banking Functions (NBQBs) Selected Performance Indicators

Growth Rates 2012 2013 2014 2015 2016 Income Statement Total Operating Income 61.9 % -4.1% -12.9% -1.4% 16.2% Net Interest Income 58.9 % -26.3% 18.7% 12.5% 13.3% Non-interest Income 66.5 % 28.3% -39.4% -24.3% 23.2% Operating Expenses 68.3 % -19.2% 1.2% 8.7% 7.9% Bad Debts/Provisions for Probable Losses 139.3 % -44.2% 31.3% 9.2% 12.0% Other Operating Expenses 43.2 % -4.3% -9.3% 8.5% 5.8% Net Operating Income 52.7 % 19.9% -28.0% -16.7% 32.6% Extraordinary Credits/(Charges) (35.2 %) 767.7% -83.0% -10.6% -13.4% Net Income Before Tax 35.9% 88.2% -51.2% -15.8% 25.5% Provisions for Income Tax 44.9 % -5.9% 18.6% -7.1% 24.9% Net Income After Tax (NIAT) 33.5 % 115.2% -59.9% -19.1% 25.7% Balance Sheet Total Assets 11.5 % (5.0 %) 6.9 % 8.2 % 7.8 % Cash and due from Banks (6.2 %) 1.1% 13.9% 12.5% 13.0 % Interbank Loans Receivable (IBL) (97.4 %) (100.0 %) 0.0 % 51.9 % (100.0 %) Loans, gross (exclusive of IBL) 13.1 % (7.3 %) 21.9 % 14.3 % 27.1 % Allowance for Probable Losses 60.1 % (27.6 %) 33.0 % 11.0 % 8.5 % Loans, net (exclusive of IBL) 11.8 % (6.5 %) 21.5 % 14.4 % 27.7 % Investments, net 22.2 % (7.2 %) (14.4 %) (2.3 %) (22.9 %) ROPA, net (32.3 %) (14.4 %) 4.3 % (24.7 %) (0.0 %) Other Assets 5.2 % 6.7 % 3.6 % (5.6 %) (6.7 %) Total Liabilities 8.9 % (8.8 %) 8.0 % 10.0 % 9.8 % Bills Payable 5.0 % (13.4 %) 7.2 % 11.6 % 8.3 % Other Liabilities 33.5 % 14.3 % 11.2 % 3.9 % 15.6 % Total Capital Accounts 22.5% 9.0% 3.6% 2.4% 0.7 % Selected Ratios Profitability Cost-to-Income 1/ 38.6 % 38.5 % 40.1 % 44.1 % 40.2 % Return on Assets (ROA) 4.3 % 8.9 % 3.6 % 2.7 % 3.1 % Return on Equity (ROE) 21.2 % 39.6 % 14.9 % 11.7 % 14.5 % Liquidity Cash and Due from Banks to Bills Payable 21.0 % 24.5 % 26.0 % 26.2 % 27.3 % Liquid Assets to Bills Payable 2/ 21.9 % 79.7 % 69.3 % 63.9 % 52.6 % Loans, gross to Bills Payable 66.4 % 71.0 % 82.6 % 85.3 % 97.1 % Asset Quality Non-performing Loans (NPL) 5.3 % 4.4 % 4.7 % 4.5 % 3.9 % NPL Coverage 71.9 % 68.6 % 67.6 % 68.9 % 69.4 % Non-Performing Assets (NPA) to Gross Assets 2.8% 2.3% 2.8% 2.6% 2.6 % NPA Coverage 60.7 % 57.5 % 58.5 % 62.1 % 63.3 % Capital Adequacy Total Capital Accounts to Total Assets 21.1 % 24.2 % 23.5 % 22.2 % 20.8 % Paid-in Capital to Total Capital Accounts 31.2 % 26.4 % 27.6 % 27.6 % 30.4 % Business Mix Total Investments (gross) to Total Assets 37.7 % 36.0 % 29.3 % 26.8 % 19.2 % Total Loans (gross) to Total Assets 43.6 % 42.6 % 49.7 % 52.9 % 60.5 %

1/ Cost-to-Income Ratio refers to operating expenses, exclusive of bad debts and provisions to total operating income 2/ Liquid Assets refer to Cash and Due from Banks plus Investments,net (less equity investments,net)

62 62 !#$-$$'3.#04'1-07$/-*'!7$1#4#*-.+#,2 62 Appendix 28. Non-Banks with Quasi-Banking Functions (NBQBs) Profitability Indicators

Levels (P Billion) 2012 2013 2014 2015 2016 Total Operating Income 22.9 22.0 19.2 18.9 21.9 Net Interest Income 13.6 10.0 11.9 13.4 15.2 Interest Income 3.4 2.5 2.2 2.2 1.7 Interest Expenses 5.9 4.1 3.9 4.5 4.7 Non-interest Income 9.3 12.0 7.3 5.5 6.8 Fee-based Income 5.1 3.9 4.5 4.7 5.3 Trading Income 2.1 4.7 1.5 (0.2) 0.2 Other Income 2.2 3.4 1.2 1.0 1.3 Operating Expenses 14.1 11.4 11.5 12.5 13.5 Bad Debts/Provisions for Probable Losses 5.2 2.9 3.8 4.2 4.7 Other Operating Expenses 8.8 8.5 7.7 8.3 8.8 Net Operating Income 8.8 10.6 7.6 6.4 8.4 Extraordinary Credits/(Charges) 0.9 7.7 1.3 1.2 1.0 Net Income Before Tax 9.7 18.3 8.9 7.5 9.5 Provisions for Income Tax 2.2 2.0 2.4 2.2 2.8 Net Income After Tax (NIAT) 7.6 16.3 6.5 5.3 6.6 Growth Rates Total Operating Income 61.9% (4.1 %) (12.9 %) (1.4 %) 16.2 % Net Interest Income 58.9% (26.3 %) 18.7% 12.5% 13.3 % Interest Income (12.2 %) (26.8 %) (13.9 %) (0.2 %) (19.9 %) Interest Expenses 10.6% (30.5 %) (4.2 %) 15.4% 5.0 % Non-interest Income 66.5% 28.3% (39.4 %) (24.3 %) 23.2 % Fee-based Income 75.9% (23.2 %) 17.0% 3.7% 12.7 % Trading Income 39.6% 126.5% (68.0 %) (114.0 %) (192.7 %) Other Income 77.1% 53.8% (64.4 %) (17.3 %) 27.3 % Operating Expenses 68.3% (19.2 %) 1.2% 8.7% 7.9 % Bad Debts/Provisions for Probable Losses 139.3% (44.2 %) 31.3% 9.2% 12.0 % Other Operating Expenses 43.2% (4.3 %) (9.3 %) 8.5% 5.8 % Net Operating Income 52.7% 19.9% (28.0 %) (16.7 %) 32.6 % Extraordinary Credits/(Charges) (35.2 %) 767.7% (83.0 %) (10.6 %) (13.4 %) Net Income Before Tax 35.9% 88.2% (51.2 %) (15.8 %) 25.5 % Provisions for Income Tax 44.9% (5.9 %) 18.6% (7.1 %) 24.9 % Net Income After Tax (NIAT) 33.5% 115.2% (59.9 %) (19.1 %) 25.7 % Selected Ratios Earning Asset Yield 1/ 15.5% 10.6% 11.6% 12.0% 12.3 % Funding Cost 2/ 4.9% 3.6% 3.5% 3.7% 3.6 % Interest Spread 3/ 10.6% 7.0% 8.0% 8.3% 8.7 % Net Interest Margin 4/ 10.8% 7.5% 8.7% 9.0% 9.4 % Non-interest Income to Total Operating Income 10.8% 54.4% 37.9% 29.1% 30.8 % Cost-to-Income 5/ 38.6% 38.5% 40.1% 44.1% 40.2 % Return on Assets (ROA) 6/ 4.3% 8.9% 3.6% 2.7% 3.1 % Return on Equity (ROE) 6/ 21.2% 39.6% 14.9% 11.7% 14.5 %

1/ Earning Asset Yield refers to the ratio of interest income to average earning assets 2/ Funding Cost refers to the ratio of interest expenses to average interest-bearing liabilities 3/ Interest Spread refers to the difference between earning asset yield and funding cost 4/ Net Interest Margin refers to the ratio of net interest income to average earning assets 5/ Cost-to-Income Ratio refers to operating expenses, exclusive of bad debts and provisions to total operating income 6/ ROA and ROE refer to the ratio of annualized NIAT to average assets and capital, respectively. Figures may not add up due to rounding-off

62 Supervision and Examination Sector 63 Second Semester 2016

Appendix 29. Non-Banks with Quasi-Banking Functions (NBQBs) Asset Quality Indicators

Levels (P Billion) 2012 2013 2014 2015 2016 Total Assets 186.7 177.3 189.6 205.1 221.1 Gross Assets 1/ 189.9 179.7 192.7 208.5 224.8 Total Loan Portfolio (TLP) 81.5 75.5 94.2 108.4 133.7 Interbank Loans Receivable (IBL) 0.0 0.0 2.1 3.2 0.0 TLP, (exclusive of IBL) 81.5 75.5 92.1 105.2 133.7 TLP, net (exclusive of IBL) 78.3 73.3 89.0 101.9 130.1 Non-Performing Loans (NPL) 4.3 3.3 4.5 4.8 5.2 Loan Loss Reserves (LLR) 3.1 2.3 3.0 3.3 3.6 ROPA, gross 0.9 0.9 0.9 0.6 0.7 Allowance for ROPA 0.1 0.1 0.1 0.1 0.1 Restructured Loans (RL), gross 0.1 0.3 0.4 0.3 0.2 RL, current 0.0 0.1 0.2 0.1 0.1 Non-performing Assets (NPAs) 2/ 5.3 4.2 5.3 5.5 5.9 Allowance for Probable Losses on NPAs 3.2 2.4 3.1 3.4 3.7 Growth Rates Total Assets 11.5% (5.0 %) 6.9% 8.2% 7.8 % Gross Assets 1/ 11.9% (5.4 %) 7.3% 8.2% 7.8 % TLP 12.4% (7.3 %) 24.7% 15.2% 23.3 % IBL (97.4 %) (100.0 %) 0.0 % 51.9 % (100.0 %) TLP (exclusive of IBL) 13.1% (7.3 %) 21.9% 14.3% 27.1 % TLP, net (exclusive of IBL) 11.8% (6.5 %) 21.5% 14.4% 27.7 % NPL 53.8% (24.1 %) 35.0% 9.0% 7.7 % LLR 60.1% (27.6 %) 33.0% 11.0% 8.5 % ROPA, gross (37.8 %) (8.6 %) 1.2% (25.3 %) 7.8 % Allowance for ROPA (66.4 %) 52.0% (16.8 %) (29.7 %) 69.6 % RL, gross (75.2 %) 214.9% 35.1% (12.6 %) (27.3 %) RL, current (99.1 %) 4,170.3% 113.6% (36.5 %) (53.2 %) NPAs 2/ 21.9% (21.3 %) 28.0% 3.4% 7.7 % Allowance for Probable Losses on NPAs 46.0% (25.5 %) 30.4 % 9.6 % 9.8 % Selected Ratios RL to TLP 0.1% 0.3% 0.4% 0.3% 0.2 % LLR to TLP 3.8% 3.0% 3.2% 3.1% 2.7 % NPL Ratio (inclusive of IBL) 5.3% 4.4% 4.7% 4.5% 3.9 % NPL Ratio (exclusive of IBL) 5.3% 4.4% 4.8% 4.6% 3.9 % NPL Coverage 3/ 71.9% 68.6% 67.6% 68.9% 69.4 % NPA to Gross Assets 2.8% 2.3% 2.8% 2.6% 2.6 % NPA Coverage 4/ 60.7% 57.5% 58.5% 62.1% 63.3 %

1/ Gross Assets refer to Total Assets, net of reserves plus Loan Loss Reserves (LLR) plus provision for ROPA 2/ NPA refers to NPLs plus ROPA, gross excluding performing sales 3/ NPL Coverage refers bl to the ratio of l LLR to NPL d d h 4/ NPA Coverage refers to the ratio of valuation reserves (for Loans and ROPA) to NPAs

64 64 !#$-$$'3.#04'1-07$/-*'!7$1#4#*-.+#,2 64 Appendix 30. Non-Stock Savings and Loans Associations (NSSLAs) Financial Highlights

Levels (P Billion) 2012 2013 2014 2015 2016

Income Statement Total Operating Income 18.3 13.3 21.5 22.1 22.7 Net Interest Income 15.1 9.7 17.9 19.0 19.7 Non-interest Income 3.2 3.6 3.6 3.1 3.0 Operating Expenses 2.7 2.4 6.1 5.3 5.7 Bad Debts/Provisions for Probable 0.5 0.5 2.7 1.6 1.3 Losses Other Operating Expenses 2.2 1.9 3.4 3.7 4.4 Net Operating Income 15.7 10.9 15.4 16.8 17.0 Extraordinary Credits/(Charges) (0.5) (0.8) (1.3) (1.4) (1.4) Net Income Before Tax 15.1 10.1 14.1 15.4 15.6 Provisions for Income Tax 0.0 0.0 Net Income After Tax (NIAT) 15.1 10.1 14.1 15.4 15.6

Balance Sheet Total Assets 124.9 134.8 152.0 166.1 180.1 Cash and Due from Banks 9.1 13.3 20.6 28.0 28.3 Loans, gross (exclusive of IBL) 104.4 109.9 120.1 126.0 137.9 Allowance for Probable Losses 7.5 9.0 12.6 13.0 16.0 Loans, net (exclusive of IBL) 96.9 100.9 107.6 113.0 121.9 Investment, gross 14.5 14.4 13.3 14.4 18.8 ROPA, net 0.2 0.2 0.2 0.2 0.1 Other Assets 4.2 5.9 10.3 10.5 10.9 Total Liabilities 27.3 31.3 37.1 43.7 49.3 Deposits 22.9 25.7 29.5 33.6 38.4 Bills Payable 0.9 1.7 2.7 3.9 4.0 Other Liabilities 3.6 3.9 4.9 6.2 6.9 Total Capital Accounts 97.5 103.5 114.9 122.4 130.8

0.0 Less than P50 million Figures may not add up due to rounding-off

Supervision and Examination Sector 65 Second Semester 2016

Appendix 31. Non-Stock Savings and Loan Associations (NSSLAs) Selected Performance Indicators

2012 2013 2014 2015 2016 Growth Rates Income Statement Total Operating Income 17.4 % (27.5%) 22.7 % 2.5 % 2.9 % Net Interest Income 16.6 % (35.6%) 28.0 % 6.1 % 3.7 % Non-interest Income 21.3 % 10.2 % 2.0 % (15.4%) (2.2%) Operating Expenses (16.7%) (9.9%) 53.2 % (13.9%) 8.2 % Bad Debts/Provisions for Probable Losses 8.0 % 4.3 % 195.9 % (43.0%) (15.6%) Other Operating Expenses (20.7%) (13.1%) 10.4 % 9.6 % 18.1 % Net Operating Income 26.2 % (30.5%) 13.7 % 9.0 % 1.3 % Extraordinary Credits/(Charges) (52.2%) 42.9 % 76.4 % 9.2 % 1.7 % Net Income Before Tax 34.0 % (33.1%) 10.2 % 8.9 % 1.2 % Provisions for Income Tax - --- - Net Income After Tax (NIAT) 34.0 % (33.1%) 10.2 % 8.8 % 1.2 % Balance Sheet Total Assets 10.9 % 8.0 % 16.9 % 9.3 % 8.4 % Cash and Due from Banks (2.8%) 46.6 % 44.7 % 35.6 % 1.2 % Interbank Loans Receivable (IBL) Loans, gross 14.2 % 5.3 % 17.2 % 4.9 % 9.5 % Allowance for Probable Losses 5.2 % 20.4 % 78.1 % 3.3 % 23.3 % Loans, net 14.9 % 4.1 % 12.7 % 5.1 % 7.9 % Investments, net 4.4 % (0.7%) 5.0 % 8.1 % 30.9 % ROPA, net (9.6%) 32.1 % 94.9 % 15.7 % (52.7%) Other Assets (12.9%) 41.8 % 36.5 % 2.2 % 3.8 % Total Liabilities 13.2 % 14.6 % 18.8 % 17.6 % 13.0 % Deposits 12.9 % 12.3 % 26.3 % 13.9 % 14.3 % Bills Payable 146.9 % 96.7 % (18.8%) 44.0 % 3.0 % Other Liabilities 1.7 % 9.2 % 7.6 % 25.4 % 11.8 % Total Capital Accounts 10.3 % 6.1 % 16.2 % 6.6 % 6.8 % Selected Ratios Profitability Cost-to-Income 1/ 12.0 % 14.4 % 15.7 % 16.8 % 19.3 % Return on Assets (ROA) 12.7 % 7.6 % 9.7 % 9.6 % 8.9 % Return on Equity (ROE) 16.3 % 9.8% 12.7% 12.9% 12.2% Liquidity Cash and Due from Banks to Deposits 39.8 % 51.9 % 69.9 % 83.2 % 73.7 % Liquid Assets to Deposits 2/ 103.3 % 108.1 % 115.1 % 126.1 % 122.7 % Loans, gross to Deposits 455.9 % 427.4 % 407.2 % 374.9 % 358.9 % Asset Quality Non-performing Loans (NPL) 9.4 % 10.8 % 11.0 % 9.9 % 10.2 % NPL Coverage 76.0 % 76.0 % 95.2 % 103.7 % 113.1 % Non-performing Assets (NPA) to Gross Assets 7.6 % 8.4 % 8.1 % 7.1 % 7.3 % NPA Coverage 74.6 % 74.5 % 93.9 % 102.0 % 112.3 % Capital Adequacy Total Capital Accounts to Total Assets 78.1 % 76.8 % 75.6 % 73.7 % 72.6 % Paid-in Capital to Total Capital Accounts 85.9 % 84.5 % 80.3 % 80.0 % 79.6 % Business Mix Total Investments (gross) to Total Assets 11.6 % 10.7 % 8.8 % 8.7 % 10.5 % Total Loans (gross) to Total Assets 83.6 % 81.5 % 79.0 % 75.8 % 76.6 %

1/ Cost-to-Income Ratio refers to operating expenses, exclusive of bad 2/ Liquid Assets refers to Cash and Due from Banks plus Investments,ne Figures may not add up due to rounding-off

66 66 !#$-$$'3.#04'1-07$/-*'!7$1#4#*-.+#,2 66 Appendix 32. Non-Stock Savings and Loan Associations (NSSLAs) Profitability Indicators

Levels (P Billion) 2012 2013 2014 2015 2016

Total Operating Income 18.3 13.3 21.5 22.1 22.7 Net Interest Income 15.1 9.7 17.9 19.0 19.7 Interest Income 16.1 10.9 19.2 20.6 21.4 Interest Expenses 1.0 1.1 1.3 1.6 1.7 Non-interest Income 3.2 3.6 3.6 3.1 3.0 Fee-based Income 2.7 3.1 3.1 2.4 2.2 Trading Income 0.0 0.0 0.0 0.0 0.0 Trust department income 0.0 0.0 0.0 0.0 0.0 Other Income 0.6 0.5 0.6 0.7 0.8 Operating Expenses 2.7 2.4 6.1 5.3 5.7 Bad Debts/Provisions for Probable Losses 0.5 0.5 2.7 1.6 1.3 Other Operating Expenses 2.2 1.9 3.4 3.7 4.4 Net Operating Income 15.7 10.9 15.4 16.8 17.0 Extraordinary Credits/(Charges) (0.5) (0.8) (1.3) (1.4) (1.4) Net Income Before Tax 15.1 10.1 14.1 15.4 15.6 Provisions for Income Tax 0.0 0.0 0.0 0.0 0.0 Net Income After Tax (NIAT) 15.1 10.1 14.1 15.4 15.6 Growth Rates Total Operating Income 17.4 % (27.5 %) 22.7 % 2.5 % 2.9 % Net Interest Income 16.6 % (35.6 %) 28.0 % 6.1 % 3.7 % Interest Income 16.4 % (32.5 %) 27.2 % 7.2 % 3.9 % Interest Expenses 13.8 % 12.9 % 17.1 % 22.5 % 6.3 % Non-interest Income 21.3 % 10.2 % 2.0 % (15.4 %) (2.2 %) Fee-based Income 21.9 % 14.5 % (0.7 %) (22.9 %) (4.5 %) Trading Income ---- - Trust department income ---- - Other Income 18.5 % (10.7 %) 18.7 % 24.0 % 5.1 % Operating Expenses (16.7 %) (9.9 %) 53.2 % (13.9 %) 8.2 % Bad Debts/Provisions for Probable Losses 8.0 % 4.3 % 195.9 % (43.0 %) (15.6 %) Other Operating Expenses (20.7 %) (13.1 %) 10.4 % 9.6 % 18.1 % Net Operating Income 26.2 % (30.5 %) 13.7 % 9.0 % 1.3 % Extraordinary Credits/(Charges) (52.2 %) 42.9 % 76.4 % 9.2 % 1.7 % Net Income Before Tax 34.0 % (33.1 %) 10.2 % 8.9 % 1.2 % Provisions for Income Tax ---- - Net Income After Tax (NIAT) 34.0 % (33.1 %) 10.2 % 8.8 % 1.2 % Selected Ratios Cost-to-Income 1/ 12.0 % 14.4 % 15.7 % 16.8 % 19.3 % Return on Assets (ROA) 2/ 12.7 % 7.6 % 9.7 % 9.6 % 8.9 % Return on Equity (ROE) 2/ 16.3 % 9.8 % 12.7 % 12.9 % 12.2 %

1/ Cost-to-Income Ratio refers to operating expenses, exclusive of bad debts and provisions to total operating income 2/ ROA and ROE refer to the ratio of annualized NIAT to average assets and capital, respectively. 0.0 Less than P50 million Figures may not add up due to rounding-off

Supervision and Examination Sector 67 Second Semester 2016

Appendix 33. Non-Stock Savings and Loan Associations (NSSLAs) Asset Quality Indicators

Levels (P Billion) 2012 2013 2014 2015 2016 Total Assets 124.9 134.8 152.0 166.1 180.1 Gross Assets 1/ 132.4 143.8 164.5 179.1 196.1 Total Loan Portfolio (TLP) 104.4 109.9 120.1 126.0 137.9 TLP, exclusive of IBL 104.4 109.9 120.1 126.0 137.9 TLP, net (exclusive of IBL) 96.9 100.9 107.6 113.0 121.9 Non-performing Loans (NPL) 9.8 11.8 13.2 12.5 14.1 Loan Loss Reserves (LLR) 7.5 9.0 12.6 13.0 16.0 ROPA, gross 0.2 0.2 0.2 0.2 0.1 Non-Performing Assets (NPAs) 2/ 10.0 12.1 13.4 12.7 14.2 Allowance for Probable Losses on NPAs 7.5 9.0 12.6 13.0 16.0 Growth Rates Total Assets 10.9 % 8.0 % 16.9 % 9.3 % 8.4 % Gross Assets 1/ 10.6 % 8.7 % 20.0 % 8.8 % 9.5 % TLP 14.2 % 5.3 % 17.2 % 4.9 % 9.5 % TLP (exclusive of IBL) 14.2 % 5.3 % 17.2 % 4.9 % 9.5 % TLP, net (exclusive of IBL) 14.9 % 4.1 % 12.7 % 5.1 % 7.9 % NPL 4.7 % 20.4 % (4.9 %) (5.2 %) 13.1 % LLR 5.2 % 20.4 % 78.1 % 3.3 % 23.3 % ROPA, gross (9.6 %) 32.1 % 94.9 % 15.7 % (52.7 %) NPAs 2/ 4.4 % 20.6 % (4.3 %) (4.9 %) 12.0 % Allowance for Probable Losses on NPAs 5.2 % 20.4 % 78.1 % 3.3 % 23.3 % Selected Ratios LLR to TLP 7.2 % 8.2 % 10.4 % 10.3 % 11.6 % NPL Ratio (inclusive of IBL) 9.4 % 10.8 % 11.0 % 9.9 % 10.2 % NPL Ratio (exclusive of IBL) 9.4 % 10.8 % 11.0 % 9.9 % 10.2 % NPL Coverage 3/ 76.0 % 76.0 % 95.2 % 103.7 % 113.1 % NPA to Gross Assets 7.6 % 8.4 % 8.1 % 7.1 % 7.3 % NPA Coverage 4/ 74.6 % 74.5 % 93.9 % 102.0 % 112.3 %

1/ Gross Assets refer to Total Assets, net of reserves plus Loan Loss Reserves (LLR) plus provision for ROPA 2/ NPA refers to NPLs plus ROPA, gross 3/ NPL Coverage refers to the ratio of LLR to NPL 4/ NPA Coverage refers to the ratio of LLR (for Loans and ROPA) to NPAs … less than P 50 million

68 68 !#$-$$'3.#04'1-07$/-*'!7$1#4#*-.+#,2 68 Appendix 34 PHYSICAL COMPOSITION Financial Institutions Under BSP Supervision/ Regulation As of Semesters-Ended Indicated

DECEMBER 2015 JUNE 2016 DECEMBER 2016

TYPE OF FINANCIAL INSTITUTIONS (FIs) HEAD OTHER HEAD OTHER HEAD OTHER TOTAL TOTAL TOTAL OFFICE OFFICES OFFICE OFFICES OFFICE OFFICES

BSP SUPERVISED/REGULATED FIs 1/ 28,374 6,482 21,892 27,561 6,201 21,360 28,297 6,157 22,140

I. BANKS 2/ 10,756 632 10,124 10,936 618 10,318 11,178 602 10,576

A. Universal and Commercial Banks 6,060 40 6,020 6,133 41 6,092 6,237 42 6,195 Universal Banks 5,540 21 5,519 5,616 21 5,595 5,709 21 5,688 Private Domestic Banks 5,001 12 4,989 5,073 12 5,061 5,138 12 5,126 Government Banks 524 3 521 528 3 525 559 3 556 Branches of Foreign Banks 15 6 9 15 6 9 12 6 6

Commercial Banks 520 19 501 517 20 497 528 21 507 Private Domestic Banks 399 5 394 397 5 392 407 5 402 Subsidiaries of Foreign Banks 103 2 101 104 2 102 104 2 102 Branches of Foreign Banks 18 12 6 16 13 3 17 14 3

B. Thrift Banks 2,086 68 2,018 2,124 64 2,060 2,176 60 2,116 Financial Institution-Linked Banks 974 18 956 991 16 975 1,000 14 986 Domestic Bank-Controlled 939 13 926 957 12 945 971 11 960 Foreign Bank-Controlled 13 3 10 12 2 10 29 3 26 Domestic NBFI-Controlled 21 1 20 21 1 20 Foreign NBFI-Controlled 1 1 1 1

Non-Linked 1,112 50 1,062 1,133 48 1,085 1,176 46 1,130

C. Rural and Cooperative Banks 2,610 524 2,086 2,679 513 2,166 2,765 500 2,265 Rural Banks 2,068 487 1,581 2,082 476 1,606 2,079 463 1,616 Microfinance-oriented Rural Banks 395 8 387 444 8 436 532 8 524 Cooperative Banks 147 29 118 153 29 124 154 29 125

II. NON-BANK FINANCIAL INSTITUTIONS (NBFIs) 17,614 5,846 11,768 16,622 5,580 11,042 17,116 5,552 11,564

A. With Quasi-Banking Function 83 10 73 91 10 81 100 9 91 Investment Houses 5 4 1 5 4 1 4 3 1 Financing Companies 77 5 72 85 5 80 95 5 90 Other Non-Bank with QBF Function 1 1 1 1 1 1

B. Without Quasi-Banking Functions 3/ 17,531 5,836 11,695 16,531 5,570 10,961 17,016 5,543 11,473 Investment Houses 20 11 9 21 12 9 21 12 9 Financing Companies 33 17 16 33 17 16 34 17 17 Investment Companies 2 2 2 2 1 1 Securities Dealers/Brokers 13 13 13 13 12 12 Lending Investors 1 1 1 1 1 1 Pawnshops 17,238 5,698 11,540 16,237 5,432 10,805 16,723 5,407 11,316 Government Non-Bank Financial Institutions 2 2 2 2 2 2 Non-Stock Savings and Loan Associations 200 70 130 200 69 131 199 68 131 Credit Card Companies 3 3 3 3 3 3 Electronic Money Issuer - Others 4 4 4 4 4 4 Remittance Agent 1 1 1 1 1 1 Credit Granting Entities 9 9 9 9 9 9 AAB - Forex Corporations 5 5 5 5 5 5 Trust Corporation - - 1 1

III. OFFSHORE BANKING UNITS (OBUs) 4 4 3 3 3 3

1/ Excludes Foreign Banks' Representative Offices (ROs) in the Philippines

2/ Includes ROs abroad of domestic banks 3/ Except for pawnshops, one government non-bank financial institution and non-stock savings and loan associations, all NBFIs without quasi-banking functions include subsidiaries/affiliates of banks/quasi-banks pursuant to Section 130 of R.A. No. 7653 and non-subsidiary/affiliate investment houses with trust/IMA licenses.

Source : Supervisory Data Center, Supervision and Examination Sector Supervision and Examination Sector 69 Second Semester 2016 4.039 0.001 0.174 9.641 0.115 0.092 0.023 0.004 0.004 0.004 0.000 1.072 0.028 5.492 0.001 6.222 0.154 0.151 6.857 52.137 12.187 14.887 41.122 12.571 11.742 25.680 39.323 148.308 148.193 103.030 117.513 148.312 206.540 206.539 167.216 End-Sep '16 End-Sep

- -

- - - - -

- -

------0.001 0.099 0.143 4.324 0.075 0.025 0.004 0.004 0.004 0.000 0.759 0.016 5.344 0.019 6.365 0.157 0.158 7.480 0.105 RURAL AND COOPERATIVE BANKS COOPERATIVE AND RURAL 91.555 43.339 47.990 11.500 10.042 13.424 11.656 11.745 24.041 36.456 139.322 139.318 139.219 112.220 195.319 195.318 158.862 End-Sep '15 End-Sep End-Jun'16 205.908 205.907 167.363 38.544 0.001 148.573 148.568 148.464 0.181 4.800 53.505 11.853 9.810 14.649 - - 102.447 41.216 115.910 - 0.000 1.078 12.064 - 0.081 0.024 0.004 0.004 0.004 ------0.001 5.766 0.154 - 11.294 0.022 5.505 - 0.151 7.190 - 25.402 2.129 0.065 0.165 2.836 0.100 4.362 3.000 0.298 2.538 1.362 0.009 1.320 0.033 9.484 6.608 0.075 4.329 0.721 19.825 43.849 75.282 56.048 65.697 21.781 34.168 29.113 15.226 32.281 67.354 159.362 101.020 872.869 868.507 812.458 250.504 486.671 751.359 941.657 135.887 1,077.544 1,077.544 End-Dec '16 End-Dec

- -

THRIFTBANKS

- -

- - - - 1.288 0.002 0.320 3.408 0.688 2.595 0.126 1.774 4.752 5.182 0.009 1.731 0.034 2.001 6.602 0.068 0.732 52.622 97.847 19.612 40.734 70.216 20.495 31.806 51.162 31.180 16.327 12.784 30.945 72.197 430.557 169.851 797.607 792.425 739.803 239.030 665.847 995.178 995.178 867.067 128.111 End-Dec '15End-Dec End-Jun'16 1,022.665 1,022.665 894.600 128.065 - 52.672 102.331 19.496 41.111 71.057 447.723 151.923 818.494 765.822 247.042 1.588 58.795 - 822.933 0.066 706.215 1.878 21.676 30.813 - - 0.183 2.996 0.333 2.531 0.132 1.443 4.439 27.296 13.269 10.231 - 0.372 0.009 1.400 0.034 3.424 6.605 - 36.980 67.392 0.721 - 2.244 3.164 0.083 0.000 61.690 36.037 12.000 50.950 83.144 36.926 19.351 15.330 46.218 32.359 10.696 64.629 82.921 87.825 41.585 237.155 431.475 131.037 600.899 840.256 802.891 660.846 295.458 300.676 666.692 630.118 1,461.455 1,694.097 2,553.675 2,447.121 9,482.804 9,399.660 7,705.563 2,163.160 3,949.910 6,570.613 1,372.427 hilippines (LBP), and Al Amanah Islamic Bank 12,301.727 12,301.727 10,929.301 1/ 2/ 2/ 1/ End-Dec '16 End-Dec

1.948 0.001 7.313 4.300 0.000 1.933 63.483 28.226 48.499 23.695 47.713 71.437 22.938 13.677 25.408 18.791 62.494 80.605 37.640 222.474 405.587 114.938 522.913 706.969 684.194 106.997 583.321 236.629 282.265 643.301 573.373 UNIVERSAL & COMMERCIAL BANKS BANKS COMMERCIAL & UNIVERSAL 1,884.566 3,411.875 1,373.414 1,438.877 2,252.205 2,360.984 8,295.107 8,223.670 6,784.793 5,590.445 9,656.952 1,238.226 10,895.179 10,895.178 t t Bank of the Philippines (DBP), Land Bank of the P End-Dec '15End-Dec End-Jun'16 9,960.130 11,317.190 11,317.190 1,357.060 62.455 2,032.925 3,576.148 1,330.221 1,546.097 110.512 7,049.806 35.878 231.288 413.134 - 2,381.542 2,419.165 8,681.089 8,595.903 47.386 12.000 593.445 2.076 777.102 718.952 - 15.267 50.043 85.186 37.800 20.457 5,809.605 82.888 3.729 0.000 554.005 246.230 251.886 - 0.105 25.460 18.197 55.784 606.270 627.183 83.005 41.426 2.409 3.172 0.186 0.872 p/ 91.156 36.103 51.049 87.510 39.930 19.649 17.872 47.580 15.909 33.679 10.729 80.335 89.683 87.825 41.585 131.038 239.458 490.211 862.129 837.082 679.167 701.702 316.176 305.005 705.829 723.152 2,765.173 2,560.328 8,666.214 2,242.482 4,303.445 1,989.249 1,750.261 7,439.485 1,547.637 10,416.474 10,503.985 13,585.811 13,585.810 12,038.173 End-Dec '16 '16 End-Dec

- 1/ hes of foreign banks d subsidiaries, and 3 government banks: Developmen ALL BANKS BANKS ALL

- -

- - - 9.912 2.073 0.001 2.017 93.137 76.623 27.139 18.824 29.206 81.643 80.605 114.939 223.905 459.745 727.539 716.025 626.246 585.732 669.611 681.727 2,470.331 9,155.413 1,847.310 6,368.512 1,402.794 10,682.881 12,085.676 12,085.675 End-Dec '15 * '15 End-Dec End-Jun'16 11,022.093 12,545.763 12,545.762 1,523.668 1,598.873 2,108.783 3,925.637 110.512 1,819.160 2,533.349 233.057 468.895 2,586.971 35.944 9,652.595 7,964.092 91.761 9,562.965 - 798.858 749.789 40.801 48.829 50.226 20.789 89.630 17.803 2.209 - 592.596 6,631.730 0.499 26.860 18.231 89.646 0.872 265.004 255.311 664.304 14.956 3.738 71.781 - 719.977 650.440 41.426 83.005 andSector Examination al Increment Reserve 5/ 6 ONDITION rom rom Head Office" with "Due to Head Office" of branc sal banking license, other foreign bank branches an C

4/ YSTEM S TATEMENTOF 3/ S Demand and NOW and Demand SavingsTime LTNCD 1,959.107 3,742.460 Demand and NOW and Demand Savings Time LTNCD NOW and Demand Savings Time LTNCD 48.034 14.365 Demand and NOW and Demand Savings Time LTNCD 4.309 Foreign Currency Foreign 1,491.597 PesoLiabilities 7,663.815 PesoLiabilities Currency Foreign 26.350 50.273 ANKING ANKING B Residents Non-Residents Interbank Loans Payable Loans Interbank DepositsSubstitutes Other Others 258.300 284.285 BSP Selected Accounts Accounts Selected Financial Liabilities Held for Trading for Held Liabilities Financial DFVPL Liabilities Financial 28.228 Instruments Equity Other Profits Undivided & Earnings Retained Deposit LiabilitiesDeposit 9,232.036 Unsecured Subordinated Debt Subordinated Unsecured Shares Preferred Redeemable 113.755 0.889 Bills Payable Bills Other Liabilities Other Stock Capital AssignedCapital Earnings AgsAccum & / Br HO, to Due Net 37.640 ROPA (net) ROPA Cash and Due from Banks from Due Cashand Assets (net) Financial (net) Portfolio Loan Investments Equity (net) Assets Other Liabilities 2,470.046 Capital Accounts Capital Data for R/CBs as of end-September 2015

Total adjustedassets to net off the account "Due F Inclusive of branches of foreign banks with univer Inclusive of Interbank Loans Receivable Inclusive of Deposits for Stock Subscription Inclusive of ComprehensiveOther Income and Apprais Preliminary; Data for R/CBs as of end-September 201 OMPARATIVE HILIPPINE HILIPPINE / / / / / / * C 1 2 3 4 5 p P Appendix35 Indicated Periods-Ended of As Pesos) Billion in (Amounts ASSETS CAPITAL AND LIABILITIES Source Supervisory: Supervision Data Center, Note: Note: “0.000” denotes a value below 0.0005 Figures may not add up due to rounding-off

70 70 !#$-$$'3.#04'1-07$/-*'!7$1#4#*-.+#,2 70 0.222 0.009 0.529 0.925 0.647 3.335 0.158 0.909 5.276 3.497 1.757 4.260 0.021 0.656

39.267 End-Dec '16 End-Dec

0.006

- -

- - - 0.026 4.730 1.206 1.071 0.832 0.704 0.165 0.006 0.006 1.103 5.937 0.997 0.710 37.687 End-Dec '15End-Dec '16 End-Jun 0.642 5.417 - 7.095 41.478 0.795 0.161 3.948 - 1.470 0.475 0.875 - 0.788 - - 6.220

0.005 8.611 1.449 19.475 79.507 14.272 27.652 46.591 246.861 154.184 466.442 538.179 274.513 1,036.309 1,325.695 1,006.069 2,376.276 2,803.744 End-Dec '16 End-Dec

- 4.473 10.851 74.832 15.235 28.169 28.574 401.978 446.989 955.266 216.325 129.492 848.968 244.494 1,617.748 UNIVERSALCOMMERCIAL and BANKS THRIFTBANKS 2,577.487 2,519.615 End-Dec '15End-Dec '16 End-Jun 142.054 - 922.261 2,829.258 2,676.696 281.383 23.239 - 409.175 70.074 513.087 1,036.889 - 7.203 12.862 250.811 1,785.167 30.573 35.879 1.470 8.611 19.697 80.036 14.272 27.661 46.749 469.939 539.936 247.509 155.093 275.169 1,037.234 1,329.029 1,011.345 2,380.536 2,843.011 End-Dec '16 End-Dec

- TOTAL

904 .877 - - - 4.473 15.235 28.580 406.709 956.098 448.196 217.029 130.595 854.905 245.203 End-Dec '15End-Dec '16 End-Jun - 142.696 927.679 2,836.353 2,718.173 282.178 23.400 70.550 413.122 1,037.764 - 7.203 514.556 12.862 1,791.386 30.579 251.599 35.885

lone and Embedded) Examination Sector YSTEM S CCOUNTS A ANKING B Selected Accounts Accounts Selected Domestic Commercial Letters of Credit Outstanding Credit of Letters Commercial Domestic 10 Underwritten Accounts Unsold Underwritten Accounts Foreign Commercial Letters of Credit Outstanding Credit of Letters Commercial Foreign 75. Committed Credit Lines for CPs Issued CPs for Lines Credit Committed Others Contracts Rate Interest Derivatives Credit LCs - Confirmed - LCs Lines Card Credit Foreign Exchange ContractsForeign 1,617.913 Outstanding Guarantees Issued Guarantees Outstanding 28.174 Stand-by Letters of Credit of Letters Stand-by Shipside Bonds/Airway Bills Shipside Equity Contracts

Notional Amounts of HeldDerivatives For Trading (Stand-A ONTINGENT ONTINGENT HILIPPINE * C P Appendix 36 Appendix AsSemesters-Ended of Indicated Pesos) (AmountsBillion in TRADE-RELATED ACCOUNTS COMMITMENTS DERIVATIVES INSTRUMENTS * 2,578.484 TRUST DEPARTMENTTRUST ACCOUNTS 2,557.302 BANK GUARANTEES Figures may not add up due to rounding-off

Source : Supervisory Data Center, Supervision and Supervision and Examination Sector 71 Second Semester 2016 ------

0.376 0.560 0.462 5.014 0.114 4.818 0.008 2.100 7.963 4.623 0.466 4.941 0.001 4.488 0.452 4.941 4.941 22.688 83.951 79.724 18.173 113.049 117.991 113.050 117.991 113.050 End-Dec'16

- -

0.407

------

0.262 0.034 1.024 3.043 0.008 5.392 0.004 1.135 8.678 4.489 0.449 0.001 5.404 5.404 5.404 5.404 21.611 82.762 76.353 17.631 108.734 114.139 114.139 108.736 108.736 End-Dec'15 '16 End-Jun 113.412 108.189 108.189 113.412 5.223

5.223 1.098 - 15.397 0.035 108.187 86.009 - - - - - 1.486 4.164 0.119 5.018 0.086 1.865 8.512

73.753 4.818 0.475 18.764 - - 0.002 - - 5.223 4.815 ------

0.536 0.274 2.589 8.504 3.103 0.112 1.019 0.023 4.993 2.770 0.715 6.001 2.206 0.438 1.152 0.000 0.003 0.875 0.001 0.066 0.210 1.153 1.153 23.108 37.675 20.990 39.267 38.113 39.267 38.113 End-Dec'16

- - -

- - - -

BANKS NBFIs

------

2.337 2.319 0.274 5.397 6.089 0.037 1.020 0.023 7.401 2.843 0.591 5.403 2.072 0.552 1.079 0.000 0.002 0.001 0.030 0.752 0.295 1.080 1.080 20.191 36.055 17.746 37.687 36.607 37.687 36.607 End-Dec'15 '16 End-Jun 41.546 41.546 40.456 40.456 1.090

1.090 2.378 0.274 - 23.905 6.564 1.019 - - 2.929 - 39.935 4.405 0.049 0.023 5.338 - -

2.592 0.737 - 7.887 2.458 20.923 0.521 - - - 1.089 - - 0.000 0.003 0.001 0.806 0.051 - - - 0.230 ------

0.092 1.062 0.008 0.099 1.402 5.551 1.966 0.008 40.850 78.497 80.233 42.189 53.489 78.386 41.213 36.987 147.605 284.396 635.366 200.007 766.648 355.565 108.490 473.387 285.011 207.201 282.442 245.114 105.900 323.499 323.499 1,293.438 2,196.400 2,803.744 2,480.245 2,803.744 2,480.245 End-Dec'16

- -

------

0.148 1.005 0.006 4.580 0.155 3.424 5.472 2.001 0.065 85.123 42.426 73.261 42.573 32.979 44.700 35.577 89.289 114.717 378.172 453.214 173.804 620.916 346.632 108.682 433.958 299.400 189.327 264.464 207.956 252.656 252.656 1,193.160 1,999.071 2,519.615 2,266.959 2,519.615 2,266.959 End-Dec'15 '16 End-Jun 2,676.696 2,404.489 2,676.696 272.207 2,404.489

272.207 113.383 0.147 78.421 1,299.602 1.005 0.006 14.903 423.664 451.056 184.248 - 38.216 72.044 699.630 2,131.526 - -

366.158 112.104 454.842 305.008 - 0.106 1.674 193.677 271.288 - 222.326 46.219 - - 5.318 1.824 0.008 33.872 49.881 38.066 97.019 ------

0.092 1.062 0.008 0.099 1.402 5.554 1.966 0.008 79.331 66.641 42.220 80.460 57.977 41.731 37.862 78.387 148.518 287.446 648.883 205.844 773.741 366.297 113.829 559.112 287.683 246.364 282.882 251.207 106.110 329.593 329.593 1,400.496 2,347.124 2,961.002 2,961.002 2,631.408 2,631.408 End-Dec'16

- -

ALLBANKS/NBFIs UNIVERSALBANKSAND COMMERCIAL THRIFT ------

CCOUNTABILITIES 0.148 1.005 0.006 4.607 0.155 3.424 5.475 2.001 0.065 66.356 85.431 73.306 44.701 47.976 35.606 33.731 89.583 A 117.316 384.593 462.345 180.215 629.451 358.152 113.762 301.922 515.714 265.017 224.704 214.439 259.140 259.140 1,296.113 2,143.860 2,671.442 2,671.442 2,412.302 2,412.302 End-Dec'15 '16 End-Jun 2,831.653 2,831.653

278.520 2,553.133 2,553.133 278.520 116.859 0.147 -

- - 56.542 78.730 429.556 461.783 190.285 72.212 706.833 377.263 2,279.648 1,409.516 1.005 0.006 15.012 307.941 536.482 117.659 - 271.811 - 233.364 0.106 - - 1.674 228.638 49.882 51.034 - 5.320 38.524 34.678 1.824 0.008 97.249 (NBFIs) SSETS AND SSETS A NSTITUTIONS I n andSector nExamination PERATIONS - PERATIONS O INANCIAL F ANK B ON- ANAGEMENT ANAGEMENT N M and Selected Accounts Accounts Selected UND ANKS F B UITF Benefit Employee Pre-Need Pre-Need Accounts Others-Institutional Personal Trust Personal Fund Pension Personal Fund Retirement Personal Accounts Others-Individual UITF Employee Benefit Employee Pre-Need Fund Retirement Personal Accounts Others-Individual Others-Institutional Accounts Others-Institutional Trust Personal Fund Pension Personal HILIPPINE HILIPPINE RUSTAND ROPA (net) ROPA assets Other Loans, net net Loans, (net) Investments Equity Cash and Due from banks from Due and Cash Banks in Deposits net Assets, Financial banks from Due and Cash Banks in Deposits net Assets, Financial net Loans, (net) Investments Equity (net) ROPA assets Other Wealth/Asset/Fund Management Accounts (Trust) Management Wealth/Asset/Fund Other Fiduciary Services Fiduciary Other Advisory/Consultancy Trust Purpose Special Accountabilities FCDU/EFCDU Wealth/Asset/Fund Management Accounts (Trust) Management Wealth/Asset/Fund Services Fiduciary Other Advisory/Consultancy Trust Purpose Special denotesvalue a below“0.000” Note: 0.0005 Figuresaddmaynot uprounding-off due to As of Semesters-Ended Indicated Semesters-Ended of As Appendix 37 Appendix Assets PesoRegular / Assets FCDU/EFCDU Accountabilities PesoRegular / T P Pesos) Billion in (Amounts TOTAL ASSETS TOTAL TOTAL ACCOUNTABILITIES TOTAL SourceSupervisory : Supervisio Data Center,

72 72 !#$-$$'3.#04'1-07$/-*'!7$1#4#*-.+#,2 72 ------

0.768 0.603 0.017 0.015 1.402 1.402 1.402 1.402 1.402 End-Dec'16

- -

L PURPOSE

------

2.377 1.009 0.016 0.014 0.008 3.424 3.424 3.424 3.424 3.424 End-Dec'15 '16 End-Jun - - 0.760 - - 0.883 ------0.017 - - 0.015 - -

- - 1.674 1.674 - -

- - - 1.674 1.674 ------1.674 ------

End-Dec'16

------

End-Dec'15 '16 End-Jun ------

------

0.308 0.139 4.788 0.057 16.883 65.232 23.340 38.025 78.387 61.433 40.324 78.387 78.387 110.741 282.882 282.882 282.882 361.269 361.269 End-Dec'16 - - -

- -

- - -

- -

- - -

- -

------

0.308 0.552 0.132 8.013 0.060 18.560 65.430 81.828 25.458 44.701 70.357 39.021 44.701 44.701 265.017 265.017 309.718 309.718 265.017 End-Dec'15 '16 End-Jun 0.308 15.300 - 65.335 72.692 23.549 ------10.902 49.882 78.390 - 48.840 0.132 -

6.188 - - 271.811 271.811 321.693 49.882 - - 321.693 - 271.811 - - 0.059 - - 49.882 ------

6.641 0.456 5.287 0.774 0.811 0.923 0.001 0.008 0.219 0.002 51.487 18.108 31.845 41.827 53.591 50.173 50.173 50.173 532.447 138.411 637.189 832.832 245.982 832.832 832.832 883.005 883.005 End-Dec'16

- - -

- -

- - -

AGENCY OTHER FIDUCIARY ADVISORY AND CONSULTANCY SPECIA

------

0.467 6.398 0.769 0.815 0.874 0.055 0.006 0.050 0.296 0.002 50.897 10.311 16.075 27.719 32.132 52.068 44.091 44.091 44.091 478.320 132.947 564.286 755.099 223.896 755.099 755.099 799.191 799.191 End-Dec'15 '16 End-Jun 42.190 7.691 0.858 17.396 - 8.275 505.225 30.227 - 0.820 38.466 54.726 0.997 - 0.874 -

126.932 793.493 0.000 793.493 - 47.857 - 841.350 841.350 - 47.857 0.006 615.188 232.546 - 0.050 793.493 - - 47.857 - - - - 0.232 - - 0.002 ------

3.421 9.886 0.000 0.034 0.000 0.381 0.099 5.335 1.966 0.006 14.079 13.642 56.936 57.977 19.754 31.887 26.664 106.110 113.018 282.658 449.025 140.677 773.741 312.706 287.683 722.966 201.034 201.034 201.034 1,514.292 1,514.292 1,514.292 1,715.326 1,715.326 End-Dec'16

- -

------

3.286 7.887 0.038 0.000 0.000 0.807 0.155 5.179 2.001 0.063 12.774 19.534 44.436 47.976 17.656 28.081 37.394 89.583 376.517 259.027 122.625 629.451 306.084 112.947 301.922 692.789 170.347 170.347 170.347 1,388.761 1,388.761 1,388.761 1,559.108 1,559.108 End-Dec'15 '16 End-Jun 13.284 12.537 49.221 51.034 3.290 17.282 35.009 8.297 31.257 97.249 - 256.447 128.270 1,486.155 - 423.368 1,486.155

706.833 322.537 116.663 1,666.936 1,666.936 - 307.941 745.472 180.781 1,486.155 0.038 0.000 0.000 0.818 - - - 180.781 180.781 0.106 - - 5.088 1.824 - - 0.006 ------0.008 0.092 1.062 0.099 1.402 5.554 1.966 0.008 66.641 79.331 80.460 42.220 57.977 41.731 37.862 78.387 148.518 205.844 287.446 648.883 773.741 366.297 113.829 559.112 287.683 106.110 246.364 282.882 251.207 329.593 329.593 1,400.496 2,347.124 2,631.408 2,631.408 2,961.002 2,961.002 End-Dec'16

TOTAL TRUST TRUST CCOUNTABILITIES - A ------4.607 0.148 1.005 0.006 0.155 3.424 5.475 2.001 0.065 66.356 85.431 73.306 47.976 35.606 89.583 44.701 33.731 117.316 462.345 180.215 384.593 629.451 358.152 113.762 515.714 301.922 265.017 224.704 214.439 259.140 259.140 1,296.113 2,143.860 2,412.302 2,412.302 2,671.442 2,671.442 End-Dec'15 '16 End-Jun 116.859 461.783 56.542 78.730 190.285 429.556 706.833 377.263 72.212 2,553.133 2,553.133 117.659 536.482 - 307.941 1,409.516 2,831.653 2,831.653 278.520 15.012 - 2,279.648 233.364 0.147 1.005 0.006 - 271.811 51.034 - 228.638 38.524 278.520 0.106 97.249 1.674 34.678 49.882 5.320 - 1.824 - - 0.008 (NBFIs) SSETS AND AND SSETS A NSTITUTIONS I and Examination Sector Examination and PERATIONS - - PERATIONS O INANCIAL F ANK B ON- ANAGEMENT ANAGEMENT N M and and SelectedAccounts UND ANKS F B UITF Benefit Employee Pre-Need Pre-Need Accounts Others-Institutional Personal Trust Personal Fund Pension Personal Retirement Fund Personal Others-Individual Accounts Others-Individual UITF Benefit Employee Pre-Need Others-Institutional Accounts Others-Institutional Trust Personal Fund Pension Personal Personal Retirement Fund Personal Accounts Others-Individual HILIPPINE RUST AND ROPA (net) ROPA assets Other Deposits in Banks in Deposits net Assets, Financial netLoans, Investments (net) Equity (net) ROPA assets Other net Assets, Financial netLoans, Investments (net) Equity Cash and Due from banks from Due and Cash banks from Due and Cash Banks in Deposits Wealth/Asset/Fund Management Accounts (Trust) Wealth/Asset/Fund Other Fiduciary Services Fiduciary Other Advisory/Consultancy Special Purpose Trust Purpose Special FCDU/EFCDU Accountabilities FCDU/EFCDU Management Accounts (Trust) Wealth/Asset/Fund Other Fiduciary Services Fiduciary Other Advisory/Consultancy 0.0005 below denotes“0.000”Note:value a rounding-off todue up add not may Figures Special Purpose Trust Purpose Special Peso / Regular Assets Assets FCDU/EFCDU Peso / Regular Accountabilities T P Appendix 38 Indicated ofAs Semesters-Ended Billion Pesos) in (Amounts TOTAL ASSETS TOTAL ACCOUNTABILITIES TOTAL Source : Supervisory Data Center, Data Supervision Supervisory : Source Supervision and Examination Sector 73 Second Semester 2016 0.019 0.301 0.001 0.108 0.081 0.004 0.001 0.006 0.302 0.219 0.083 End-Dec'16

0.323 0.000 0.100 0.019 0.071 0.002 0.001 0.012 0.323 0.205 0.118 End-Dec '15End-Dec '16 End-Jun 0.151 0.049 0.010 0.000 0.000 0.038 0.003 0.002 0.151 0.101 0.050 0.109 0.000 0.045 0.003 0.010 0.002 0.006 0.004 0.109 0.070 0.038 End-Dec'16

THRIFT BANKS NBFIs 0.106 0.039 0.001 0.000 0.012 0.003 0.008 0.002 0.106 0.065 0.041 End-Dec '15End-Dec '16 End-Jun 0.055 0.022 0.001 0.000 0.005 0.001 0.003 0.001 0.055 0.034 0.021 9.179 0.137 1.724 0.583 0.469 0.407 0.509 0.301 9.316 3.993 5.323 End-Dec'16

BANKS

9.173 0.185 1.683 0.585 0.393 0.415 0.435 0.260 9.358 3.770 5.589 UNIVERSAL AND COMMERCIAL End-Dec '15End-Dec '16 End-Jun 4.517 0.071 0.826 0.287 0.221 0.199 0.237 0.144 4.588 1.913 2.675 9.589 0.138 1.877 0.605 0.560 0.413 0.517 0.311 9.727 4.282 5.444 End-Dec'16

XPENSES E (NBFIs)

NCOME AND AND NCOME I ALL ALL BANKS/NBFIs 9.601 0.185 1.822 0.605 0.476 0.419 0.444 0.274 9.787 4.040 5.747 ExaminationSector NSTITUTIONS I End-Dec '15End-Dec '16 End-Jun 4.724 0.071 0.897 0.298 0.264 0.203 0.240 0.147 4.794 2.049 2.745 PERATIONS - PERATIONS O INANCIAL F ANK B ON- ANAGEMENT N M and and UND UND ANKS F B Selected Selected Accounts HILIPPINE RUST AND RUST Fees and Commissions Feesand Income Other Benefits Compensation/Fringe Licenses and Taxes Expenses Administrative Other Depreciation/Amortization denotes below0.0005 avalue “0.000” Note: maynot Figures add up due to rounding-off Allocated Indirect Expenses Indirect Allocated Expenses Other T P Appendix 39 For the Period-Ended Indicated Period-Ended the For Pesos) Billion in (Amounts TRUST INCOME TRUST TRUST EXPENSES TRUST OPERATING INCOME / (LOSS) (LOSS) / INCOME OPERATING SourceSupervisory : Center, Data Supervision and

74 74 !#$-$$'3.#04'1-07$/-*'!7$1#4#*-.+#,2 74 1.4 7.6 - - 0.004 0.001 1.033 2.960 1.813 2.834 2.960 4.971 3.993 0.000 3.993 3.151 0.004 17.785 12.814 13.145 15.650 Jan-Sep '16 Jan-Sep

(0.648)

1.6 1.7 8.5 9.0 - 0.003 0.018 0.756 2.591 1.703 2.995 2.591 4.370 3.347 0.000 3.347 2.659 0.004 16.295 11.925 12.295 14.938 RURAL AND COOPERATIVE BANKS COOPERATIVE AND RURAL Jan-Sep '15 Jan-Sep '16 Jan-Jun 0.002 11.668 - 0.109 0.671 1.908 1.198 8.443 8.813 1.913 1.908 10.465 (0.276) 3.225 2.579 0.000 - 2.579 2.021 0.004 1.4 10.7 - 0.154 0.186 3.374 3.636 0.027 0.125 8.901 0.527 66.931 13.889 53.686 17.021 42.903 13.889 70.893 13.245 17.138 17.263 Jan-Dec'16 manah Islamic Bank

(0.653)

(6.890)

THRIFT BANKS THRIFT 1.3 1.3 10.0 10.1 - 0.186 0.125 3.206 3.506 0.026 0.067 8.118 (0.026) 60.931 11.786 49.120 40.672 15.860 11.786 65.105 11.811 14.925 14.992 Jan-Dec'15 '16 Jan-Jun 0.075 - 32.318 0.085 1.938 6.759 1.424 26.012 20.696 8.477 6.759 34.574 (2.934) 6.306 8.688 0.019 0.009 8.697 4.006 0.782 1.2 10.5 - 6.727 0.068 4.088 1/ 27.020 44.002 91.030 22.233 62.610 11.430 443.735 136.956 314.878 279.866 136.956 405.975 128.857 141.743 163.976 ilippines (DBP), Land Bank of the Philippines (LBP), and Al A Jan-Dec'16

(5.334)

(22.127)

1.1 1.2 9.8 9.8 - 0.185 3.859 4.416 7.180 25.205 37.864 83.221 17.641 59.083 396.280 120.275 283.878 252.584 120.275 367.284 112.402 127.839 145.480 UNIVERSAL & COMMERCIAL BANKS BANKS COMMERCIAL UNIVERSAL& Jan-Dec'15 '16 Jan-Jun 218.280 - 0.068 12.809 70.524 23.880 153.092 136.913 44.943 70.524 198.103 (9.493) 65.187 71.874 2.109 11.459 83.333 29.482 8.532 1.185 p/ 1.2 , and government 3 banks: Development Bank of the Ph 10.5 - 0.255 4.115 6.884 31.427 49.452 22.359 74.662 11.960 528.452 153.805 381.378 335.914 110.885 153.805 492.518 147.074 162.873 185.232 Jan-Dec '16 Jan-Dec'16

(15.856)

ALL BANKS ALL

(29.665)

1.2 1.2 9.8 9.8 - 0.328 XPENSES 17.708 473.505 134.652 146.112 163.820 E Jan-Dec '15 * Jan-Dec'15 '16 Jan-Jun 262.265 - 0.263 15.417 79.192 26.502 187.547 166.422 55.333 79.192 243.143 (12.703) 74.718 83.141 2.128 11.468 94.609 35.508 9.318 1.262 nking license, other foreign bank branches and subsidiaries and Examination Sector Examination and NCOME AND NCOME I YSTEM S TATEMENT OF OF TATEMENT S ANKING ANKING B Provision for Losses Provision Accrued on Interest Other Income/(Loss) Other 43.073 Less:Expenses Interest 102.076 Interest Income Interest 447.326 Dividend Income Dividend 3.886 Fee-basedIncome 69.860 Trading Income/(Loss) Trading 4.394 Foreign Exchange Income/(Loss) Exchange Foreign 7.369 Returnon (%) Assets Returnon (%) Equity Selected AccountsSelected Minority Interest in Profit/(Loss) of in Interest Minority Subsidiaries IncomeExpense Tax 29.168 Net Interest Income Interest Net 344.923 Non-interest Income Non-interest 128.582 OMPARATIVE Profitability Profitability

Data for R/CBs for Jan-Sep '15 Inclusive of branches of foreign banks with universal ba DataPreliminary; for R/CBs Jan-Sep '16 HILIPPINE HILIPPINE / / * C P Appendix Appendix 40 For the Period-Ended Indicated Period-Ended the For Billion Pesos) in (Amounts Operating Income Operating of Profit/(Loss) the in Share Before Profit Net and Associates Subsidiaries, Unconsolidated Equity the Using for Accounted Ventures Joint Method Unconsolidated of Profit/(Loss) the in Share Ventures Joint and Associates Subsidiaries, Method Equity the Using for Accounted Tax Before Before Profit/Loss and Total Interest Minority Tax After Minority Before and Profit/Loss Total Interest NET PROFIT/(LOSS) NET 134.652 Non-Interest Expenses Non-Interest 305.550 Losses/Recoveries on Financial Assets Financial on Losses/Recoveries (21.843) Note: “0.000” denotesNote: “0.000” a value below 0.0005 Figures may not add up due to rounding-off 1 p

Data Center,Supervision Supervisory : Source Supervision and Examination Sector 75 Second Semester 2016 p/ 4.6% 6.9% 9.4% 1.8% 9.6% 1.9% 8.2% 4.0% 4.4% 11.5% 28.9% 74.9% 35.2% 43.4% 86.3% 11.2% 11.2% 73.0% 11.0% 48.2% 11.0% 18.2% 19.0% 16.8% End-Dec'16 rds.Whilemajor threerisks the (credit, 5.1%6.7%9.3% 4.7% 1.6% 6.8% 8.5% 9.3% 1.8% 9.5% 1.9%7.6%4.9% 2.7% 8.1% 4.4% 4.8%9.4% 4.5% 10.9% 11.8% 11.5% 26.7%75.7% 28.3% 75.6% 34.4%42.7%87.1% 36.0% 44.0% 11.5% 84.9% 11.5%65.7%11.6% 11.5% 42.5% 11.5% 70.3% 19.1% 11.1% 46.5% 18.7%18.5% 18.7% 18.7% 18.5% RURAL AND COOPERATIVE BANKS COOPERATIVE AND RURAL End-Sep'15 End-Jun'16 p/ 7.4% 2.0% 5.4% 5.6% 1.4% 0.6% 3.4% 4.7% 2.2% 4.7% 5.3% 2.0% 7.6% 19.8% 63.6% 10.7% 18.3% 29.8% 89.1% 73.0% 54.3% 24.0% 12.6% 16.8% End-Dec'16 ationqualifyingof capital under Basel the III standa THRIFT BANKS THRIFT orbencyfeaturescapitalof instruments. 7.4%2.0%5.3%5.5% 7.4% 2.0% 1.3% 5.3% 5.6% 1.3% 7.7% 8.0% 0.6%3.3%4.5%2.1%4.5% 0.6% 3.5% 5.1% 4.9% 2.4% 2.1% 5.0% 5.5% 2.1% 10.0% 10.1% 19.4%65.9% 19.2% 65.2% 21.3%33.6%86.4% 18.5% 30.9% 88.9% 73.9%52.5%21.5% 70.8% 53.0% 12.9%19.8% 23.8% 12.5% 19.7% End-Dec'15 End-Jun'16 a/ 3.8% 0.9% 2.8% 2.9% 1.2% 0.5% 2.0% 1.4% 0.3% 1.4% 1.4% 0.6% 2.8% 29.0% 63.0% 10.5% 26.9% 52.7% 70.7% 93.9% 32.8% 11.2% 15.4% 144.7% End-Dec'16 No. 781 dated 13 Januaryproviding dated13 No. 2013 781 newcomput the recognition ascapital including required the loss abs 3.8%1.0%2.9%2.9% 3.9% 1.0% 1.1% 2.9% 9.8% 3.0% 1.2% 9.8% 0.5%2.3%1.6%0.4%1.6% 0.5% 2.2% 1.6% 1.7% 0.5% 0.7% 1.6% 3.2% 1.6% 0.7% 3.2% 28.4%63.6% 27.5% 63.9% 27.2%55.6%69.0% 27.4% 55.3% 68.4% 89.3%31.3% 88.1% 11.4%14.9% 32.8% 12.0% 15.4% 141.1% 133.1% UNIVERSAL & COMMERCIAL BANKS COMMERCIAL &UNIVERSAL End-Dec'15 End-Jun'16 p/ 4.2% 1.0% 3.1% 3.2% 1.2% 3.5% 0.5% 2.3% 1.9% 0.6% 2.0% 1.8% 0.8% 10.5% 27.9% 63.6% 26.3% 50.7% 72.5% 80.4% 29.1% 11.4% 15.6% 119.4% capital adequacy framework October 2012 effective 01 January 01 effective 2013. 2012 October s unders Basel the IIIissued BSP framework, the Circular End-Dec'16 alinassets equity securities). alwasstrengthened through eligibility the criteria for ALL BANKS ALL 4.2% 4.3% 9.8% 9.8% 1.1%3.2% 1.1% 3.2% 3.3% 3.3% 1.2% 1.2% 0.5%2.5%2.1%0.6%2.2% 0.5% 2.4% 2.0% 2.2% 0.8% 0.9% 2.2% 4.0% 2.0% 0.9% 4.0% 64.5% 64.7% 27.1% 26.5% 15.2% 15.6% 53.5% 53.1% 11.6% 12.1% 26.8%70.7% 26.8% 70.4% 77.1%27.5% 76.2% 29.1% 118.0% 111.8% xaminationSector End-Dec*'15 End-Jun'16 et yield et and funding cost. ares. rybanks and quasi-banks based onBasel III risk-based averageinterest-bearing liabilities. tionasprescribed under CircularBSP dated16 No. 772 e assets andassets e capital, respectively. 5/ t expensestotaloperating to t income. income to averageincometo earning assets. lculationrisk-basedof capital,qualifying the capit Financial amortizationof net financiof Assets, (net ome to averageto ome earning assets. risk-weightedimplementationassets.With the reform the of 10/ 12/

11/ YSTEM S 8/ 7/ 7/ 4/ 1/ 6/ 3/ ANKING ANKING 2/ B 9/ Selected Selected Ratios Earning Asset Yield Asset Yield Earning Cost Funding InterestSpread Interest Net Margin Income Operating Total to Income Non-Interest Cost-to-Income Assets on (ROA) Return (ROE) Equity on Return Deposits Banksto from Due Cashand Assets Deposits to Liquid Deposits gross to Loans, (TLP) Portfolio Loan Total to Loans Restructured LossesTLP to Credit (ACL) for Allowance TLP to (NPL) Loans GrossNon-Performing TLP to NPL Net IBL of net Ratio NPL GrossCoverageNPL) to (ACL NPL Assets GrossAssets to (NPA) Non-Performing NPA) to NPA on Coverage (Allowance NPA GrossAssets to ROPA Ratio Coverage Ratio ROPA DistressedAssets Assets Total to Accounts Capital Total (Solo) Ratio Adequacy Capital HILIPPINE HILIPPINE Selected Performance Indicators P Appendix 41 As of Periods-Ended Indicated Periods-Ended Asof Percent) in (Ratios Profitability Liquidity Quality Asset Adequacy Capital 10/ Totalcapital 10/ accounts includes redeemable preferred sh forCARUniversal 12/ and Commercial Banks and subsidia asend-SeptemberforofR/CBsData 2015 * p/Preliminary; asend-SeptemberforofR/CBsData 2016 a/dataCARU/KBsof asend-Septemberof 2016 1/ Earning 1/ ratioYield the incAssetinterestof refersto Funding 2/ ratio the expensesinterestofrefersto Costto SpreadInterestdifference 3/ the refersbetweenearningto ass MarginInterestratio interest Net the net of refersto 4/ Non-Interest 5/ incomeincludes dividends income. ratioCost-to-IncomeRatio the non-interesof6/ refers to ratiosprofit averagthe net ofto to refer and ROA ROE 7/ Liquid 8/ Cashto referandAssetsBanksfrom plusDue ratio the qualifyingofto Refers 11/ capital totalto 9/ Ratios are9/ computedin accordance definiNPL with the market and market operational risks) arestill covered ca by the Source Supervisory : Center, Data Supervision andE

76 76 !#$-$$'3.#04'1-07$/-*'!7$1#4#*-.+#,2 76 HEAD OTHER 2016 OFFICE OFFICES 11 1 1 0 0 1111 1 1 1 1 0 0 0 0 3 1 2 1371 11 11 11 11 0 11 2 11 6 11 0 11 0 11 0 11 0 1 0 1 0 1 0 1 0 0 0 0 9 1 8 17 1 16 28 20 8 2480 1 1 23 79 161 25 136 133 5 128 TOTAL 2015 1 1 0 11 1 1 0 0 3 1 2 1 1 0 TOTAL 2014 HEAD OTHER HEAD OTHER OFFICE OFFICES OFFICE OFFICES 71 1 1 61 0 7 1 1 1 0 1 6 1 0 1 19 1 0 1 0 8 1 9 1 1 0 8 6 1 5 4 1 3 1 1 0 1 1 0 1 1 0 1 1 0 111 1 1 12 01 0 0 1 1 1 1 1 1 1 0 1 1 2 0 1 0 0 1 1 1 0 1 1 0 1 1 0 1 1 0 1 1 0 13 1 12 6 1 5 38 14 24 33 18 15 79 1 78 79 1 78 24 1 23 24 1 23 151 18 133 149 23 126 113 4 109 116 5 111 TOTAL 2/ UBSIDIARIES S 2/ BK) BK) orate Bank) Bank) orate 1/ 2/ 2/ 1/ 1/ RANCHES AND AND RANCHES B 1/ 1/ 1/ ANK ANK 1/ 3/ 3/ B 1/ 1/ ination Sector ination 3/ 1/ 3/ 3/ 1/ 1/ 1/ 3/ OREIGN 2/ F 1/ Type ofBank Foreign Type 1/ 2/ NDICATED I 1/ FFICES OF FFICES O EARS-ENDED Y Bank of America, N.A. America, of Bank N.A. Citibank, Corp.Ltd. Banking Shanghai and Hongkong The Bank Chartered Standard Ltd. Group, Banking Zealand New and Australia Co., Ltd. Public Bank Bangkok Ltd. Tokyo-Mitsubishi, of Bank The Association National Bank ChaseJP Morgan AG Bank Deutsche Corp Mizuho (formerly Branch Manila - Ltd. Bank, Mizuho Co.Ltd. Bank Commercial Int'l Mega Branch Manila - Bank KEBHana Groep Nederlanden Internationale INGN.V. Bank (formerly Branch Manila - Ltd. China of Bank Branch Manila Corp.- Banking Mitsui Sumitomo Branch Manila - Bank Shinhan Branch Manila - Co.Ltd. CathayUnited Branch Manila - Korea of Bank Industrial Branch Manila - Limited Bank Overseas United Branch Manila - Limited Bank Commercial First Corp. CTBC(Philippines) Bank MaybankPhils.,Inc. Philippines Bank Overseas United Inc.(Phils.), Bank Savings HSBC Inc. Philippines Bank Savings Yuanta Bank Development Wealth UMBER OF UMBER S OFS 1 2 3 4 5 6 7 8 9 2 3 4 5 6 1 1/2/license banking commercial With 3/license banking universal With license banking thrift With 10 11 12 13 14 15 16 17 18 19 20 A N Appendix 42 Appendix FOREIGN BANK OFFICES FOREIGN BANK A.Branches Bank Foreign B.Subsidiaries Bank Foreign Source: Supervisory Data Center, Supervision and Exam Center,and Data Supervision Supervisory Source:

Supervision and Examination Sector 77 Second Semester 2016 R R R R R R R 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 !!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!! '''''''''''''''' '''''''''''''''' !!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!! 8 3%GC1R1:`1VC' !!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!!! ! !!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!! '''''''''''''''' '''''''''''''''' !!!!!!!!!!!!!!!! Q`'5Q`V1$J'7:J@C R R R R 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 8 !!!!!!!!!!!!!!!!!!! ! 8 !!!!!!!!!!!!!!!!!!! ! 8 !!!!!!!!!!!!!!!!!!!!!!! ! R !!!!!!!!!!!!!!!!!!!!!!! ! R !!!!!!!!!!!!!!!!!!! ! 8 !!!!!!!!!!!!!!!!!!!!!!! ! 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82 82 !#$-$$'3.#04'1-07$/-*'!7$1#4#*-.+#,2 82 Directory of Philippine Bank Head Offices As of 31 December 2016

A. UNIVERSAL AND COMMERCIAL BANKS (U/KBs) UNIVERSAL BANKS

PRIVATE DOMESTIC BANKS 1. Asia United Bank Corporation JN Bldg. Joy Nastalg Center, 17 ADB Avenue, Ortigas Center, Pasig City 2. BDO Unibank, Inc. BDO Corporate Center, 7899 Makati Avenue, Makati City 3. Bank of the Philippine Islands BPI Bldg., Ayala Avenue cor. Paseo de Roxas, Makati City 0720 4. China Banking Corporation 8745 Paseo de Roxas cor. Villar Street, Makati City 1226 5. East West Banking Corporation The Beaufort, 5th Avenue Corner 23rd Street, Fort Bonifacio Global City, Taguig City 6. Metropolitan Bank & Trust Company Metrobank Plaza, Sen. Gil J. Puyat Avenue, Urdaneta Village, Makati City 1200 7. Philippine National Bank PNB Financial Center, Pres. Diosdado Macapagal Blvd., Pasay City 1305 8. Philippine Trust Company Philtrust Bank Bldg., 1000 United Nations Ave., cor. San Marcelino St., Paco, Manila 1004 9. Rizal Commercial Banking Corporation 46/ F Yuchengco Tower, RCBC Plaza, 6819 Ayala Ave., Makati City 0727 10. Security Bank Corporation Security Bank Centre, 6776 Ayala Avenue, Makati City 0719 11. Union Bank of the Philippines Union Bank Plaza, Meralco Avenue cor. Onyx & Sapphire Roads, Pasig City 1605 12. United Coconut Planters Bank UCPB Bldg., 7907 Makati Ave., Makati City 0728

GOVERNMENT BANKS 1. Al-Amanah Islamic Investment Bank of the Philippines PHIDCO A. Building Veterans Avenue, Zamboanga City 2.Development Bank of the Philippines Sen. Gil. J. Puyat Avenue corner Makati Avenue Makati City 3.Land Bank of the Philippines LandBank Plaza Bldg., 1598 M. H. Del Pilar cor. Dr. J. Quintos Sts., Malate, Manila 1004

BRANCHES OF FOREIGN BANKS 1. ANZ Banking Group Ltd 9/F Metrobank Card Corp. Center, 6778 Ayala Avenue, Makati City 2. Deutsche Bank AG 26 / F Ayala Tower One, Ayala Triangle, Makati City 1274 3. Mizuho Bank Ltd. -Manila Branch 25th Floor, The Zuellig Building, Makati Avenue corner Paseo de Roxas, 1225 Makati City 4. The Hongkong & Shanghai Banking Corporation HSBC Centre, 3058 Fifth Avenue West, Bonifacio Global City, Taguig City 1634 5. ING Bank N.V. 20th Floor Tower One, Ayala Triangle, Ayala Avenue, Makati City 1226 6. Standard Chartered Bank The Sky Plaza Bldg., 6788 Ayala Ave., Makati City 1226 COMMERCIAL BANKS

PRIVATE DOMESTIC BANKS 1. Bank of Commerce San Miguel Properties Centre (SMPC), No. 7 Saint Francis Street, Mandaluyong City 1550 2. BDO Private Bank, Inc. BDO Private Bank 2nd Floor, BDO Equitable Tower, 8751 Paseo De Roxas, Makati City 3. Philippine Bank of Communications 5/F PBCom Tower, 6795 Ayala Avenue, Makati City 1200 4. Philippine Veterans Bank PVB Bldg. 101 V. A. Rufino cor. Dela Rosa Sts., Legaspi Village, Makati City 1229 5. Robinsons Bank Corporation 17/F Galleria Corporate Center, EDSA corner Ortigas Avenue, 1110 Quezon City

SUBSIDIARIES OF FOREIGN BANKS 1. CTBC Bank (Philippines) Corporation 16th to 19th Floors, Fort Legend Towers, 31st Street cor. 3rd Ave., Bonifacio Global City, Taguig City 2. Maybank Philippines, Inc. Maybank Corporate Centre 7th Avenue Corner 28th Street, Bonifacio High Street Central, Bonifacio Global City, Taguig City 1634 Metro Manila

BRANCHES OF FOREIGN BANKS 1. Bangkok Bank Public Co Ltd 10/F The Enterprise Center, Tower 2, 6766 Ayala Avenue, Makati City 2. Bank of America, N.A. 27/F Philamlife Tower, 8767 Paseo de Roxas, Makati City 1226 3. Bank of China Limited-Manila Branch 36/F Philamlife Tower, 8767 Paseo de Roxas, Makati City 1226 4. Citibank, N.A. 9/F Citibank Tower, 8741 Paseo de Roxas St., Makati City 1226 5. First Commercial Bank Limited - Manila Branch 20/F, Tower 6789 Ayala Avenue, Makati City 1223 6. JP Morgan Chase Bank, N.A. 31/F Philamlife Tower, 8767 Paseo de Roxas, Makati City 1226 7. Korea Exchange Bank 21/F Zuellig Building, Makati Avenue corner Paseo de Roxas Street, Makati City 8. Mega International Commercial Bank Co., Ltd. 3/F Pacific Star Bldg., Sen. Gil Puyat Ave., Makati City 9. The Bank of Tokyo-Mitsubishi UFJ Ltd. 15/F Makati Sky Plaza Building 6788 Ayala Avenue, Makati City 1226 10. Sumitomo Mitsui Banking Corporation - Manila Branch 21/F, Tower One & Exchange Plaza, Ayala Triangle, Ayala Avenue, Makati City 11. Shinhan Bank - Manila Branch 21/F, Units 1 and 2 RCBC Savings Bank Corporate Center, 25th and 26th Streets, Bonifacio Global City, Taguig City 12. Cathay United Bank Co. Ltd. - Manila Branch Unit 1, 15/F, Tower 6789, 6789 Ayala Avenue, 1226 Makati City 13. Industrial Bank of Korea Manila Branch 8/F One World Place, 32nd Street, Bonifacio Global City, Taguig City Philippines 1630 14. United Overseas Bank Limited - Manila Branch 17/F, Pacific Star Building, Sen. Gil Puyat corner Makati Avenue, Makati City 1200

Source : Supervisory Data Center, Supervision and Examination Sector 82 Supervision and Examination Sector 83 Second Semester 2016

B. THRIFT BANKS (TBs)

SUBSIDIARIES/AFFILIATES OF OTHER BANKS/NBFIs

1. BPI Direct BanKO, Inc. A Savings Bank 8th Floor BPI Card Center, 8753 Paseo de Roxas, Makati City 1226 2. BPI Family Savings Bank BPI FSB Center, Paseo de Roxas cor. dela Rosa Sts., Makati City 3. China Bank Savings, Inc. VGP Center Bldg., 6772 Ayala Avenue, 1226 Makati City 4. City Savings Bank City Savings Bank Financial Plaza cor. Osmena Boulevard. and P. Burgos St., 6000 Cebu City 5. HSBC Savings Bank (Phils), Inc. G / F Peninsula Court, 8735 Paseo de Roxas cor. Makati Ave., Makati City 6. Legazpi Savings Bank, Inc. Rizal Street, Sagpon, Albay District, Legazpi City 7. Merchants Savings and Loan Association, Inc. EDES 2 Bldg., J. P. Laurel (Acacia Section) cor. Villa Abrille, Davao City 8. Philippine Savings Bank PSBank Center, 777 Paseo de Roxas cor. Sedeno St., Makati City 9. PNB Savings Bank 11/F Allied Bank Center, 6754 Ayala Ave., Makati City 10. RCBC Savings Bank, Inc. RCBC Savings Bank Corporate Center, 26th and 25th Streets, Bonifacio Global City, Taguig City 1634 11. Security Bank Savings Corporation Security Bank Savings Centre 6797 Ayala Ave. corner Rufino Street, Makati City 12. Yuanta Savings Bank Philippines, Inc. G/F Chatham House Condominium, 116 Valero cor. Herrera Sts. , Salcedo Village, 1227 Makati City 13. UCPB Savings Bank 18/F UCPB Bldg., Makati Avenue, Makati City 0728 14. Wealth Development Bank Corporation Taft Financial Center, Cardinal Rosales Ave., Cebu Business Park, Cebu City 6000

STAND-ALONE THRIFT BANKS 1. 1st Valley Bank, Inc. (A Development Bank) Vamenta Blvd., corner Lirio St., Carmen, 9000 Cagayan de Oro City 2. Bank of Makati (A Savings Bank), Inc. 44 Sen. Gil J. Puyat Ave., Bgy. San Isidro, Makati City 3. Bank One Savings and Trust Corporation 4201 R. Magsaysay Blvd., Sta. Mesa, Manila 1016 4. Bangko Kabayan, Inc. (A Private Development Bank) Santiago St., Poblacion, Ibaan, Batangas 5. Bataan Development Bank Aguirre St., Balanga. 2100 Bataan 6. Bataan Savings and Loan Bank 33 Rizal St., Dinalupihan, Bataan 2110 7. Business And Consumers Bank (A Development Bank) BCB Building, Simon Ledesma St., Jaro, Iloilo City 8. Card SME Bank, Inc., A Thrift Bank 120 M. Paulino St. Corner Burgos st., San Pablo City, Laguna 9. Century Savings Bank Corporation 232 Shaw Blvd. cor. Oranbo Drive, 1601 Pasig City 10. Citystate Savings Bank, Inc. Citystate Center Building, 709 Shaw Blvd., Oranbo, Pasig City 1600 11. Cordillera Savings Bank, Inc. Dumlao Blvd., Bayombong, 3700 Nueva Vizcaya 12. Dumaguete City Development Bank, Inc. Dr. Vicente Locsin cor. Cervantes Sts., Dumaguete City 13. Dungganon Bank, Inc. (A Microfinance Thrift Bank), Inc. NWTF Bldg., 102 San Sebastian St., Bacolod City, Negros Occidental 14. Enterprise Bank, Inc. (A Thrift Bank) National Highway, Poblacion, Lianga, Surigao Del Sur 8307 15. Equicom Savings Bank, Inc. 6th Floor ODC International Plaza Building, 219 Salcedo Street, Legaspi Village, Makati City 16. Farmers Savings and Loan Bank, Inc. McArthur Highway, Wakas, Bocaue, Bulacan 17. First Consolidated Bank, Inc. (A Private Development Bank) No. 0982 C.P. Garcia North Avenue, Taloto, Tagbilaran City 18. Hiyas Banking Corporation Gov. Fortunato F. Halili Ave., Bagbaguin, Sta. Maria, Bulacan 19. Inter-Asia Development Bank J.P. Rizal Avenue corner Mahogany Market Street , 4120 Tagaytay City 20. Isla Bank (A Thrift Bank), Inc. G/F & 2/F Glass Tower, 115 C. Palanca, Jr. St., Legaspi Village 1229 Makati City 21. Lemery Savings and Loan Bank, Inc. 105 Ilustre Avenue, Lemery, Batangas 22. Life Savings Bank, Inc. Units 13-14 Marieta Arcade, Marcos Highway corner A. Tuazon, Cainta, Rizal 23. Luzon Development Bank Mezzanine Floor, Checkpoint Mall, Paciano Rizal, Calamba City, Laguna 24. Malasiqui Progressive Savings and Loan Bank, Inc. Quezon Blvd. Extension, Malasiqui, 2421 Pangasinan 25. Malayan Bank Savings and Mortgage Bank Majalco Bldg., cor. Benavidez & Trasierra Sts., Legaspi Village, Makati City 1229 26. Maritime Savings Bank Corporation Gen. E. Aguinaldo Highway, Bacoor, 4102 Cavite 27. Metro-Cebu Public Savings Bank 2/F Sia Bldg., N. Bacalso Avenue, Barangay Duljo Fatima, Cebu City 6000 28. Microfinance Maximum Savings Bank, Inc. No. 54 Oppax Bldg., Barangay Sabang, Puerto Galera, 5203 Oriental Mindoro 29. Northpoint Development Bank, Inc. 33 Mabini St., Brgy. Sto. Niño, San Pedro, Laguna 30. Optimum Development Bank, Inc. Polar Center EDSA, EDSA Cor. Cornell St., Brgy. Wack Wack, Mandaluyong City 31. Pacific Ace Savings Bank Retail I Time Square Complex, Subic Bay Freeport Zone, Olongapo City 32. Pampanga Development Bank McArthur Highway, Dolores, San Fernando City, 2000 Pampanga 33. Penbank Inc (A PDB) (Formerly: Peninsula Rural Bank, Inc.) 3/F Penbank Centre, Santiago Blvd., Gen. Santos City, South Cotabato 9500 34. Phil Star Development Bank, Inc. Alpha Hotel, Tolentino Road, Kumintang Ibaba, Batangas City 35. Philippine Business Bank, Inc., A Savings Bank 350 Rizal Ave. Ext. cor. 8th Ave., Grace Park, 1403 Caloocan City 36. Philippine Postal Savings Bank, Inc. PostalBank Centre, Liwasang Bonifacio, Manila 1000 37. Philippine Resources Savings Banking Corporation Alingog Center, Rizal cor Canciller Ave., Cauayan City, Isabela (PR Savings Bank) 38. Producers Savings Bank Corporation 17F AIC Burgundy Empire Tower, ADB Avenue corner Sapphire St., Ortigas Center, 1605 Pasig City 39. Queen City Development Bank or Queenbank A Thrift Bank Queenbank Financial Center, Sky City Tower, Mapa St., Iloilo City 5000 40. Quezon Coconut Bank, Inc. (A Thrift Bank) Cor. Gov. Guinto & Enriquez Sts., Lucena City 41. Sterling Bank of Asia, Inc. (A Savings Bank) Sterling Bank Corporate Center, Greenhills, San Juan City 42. Sun Savings Bank, Inc. Ground Floor, Jesever Building, Fuente Osmeña Circle, Osmeña Boulevard, Cebu City 43. The Palawan Bank (Palawan DB), Inc. 167 Rizal Ave., Puerto Princesa City, 5300 Palawan 44. University Savings Bank, Inc. 1497 Dapitan cor. Alfredo St., Sampaloc, Manila 45. Village Bank, Inc. (A Thrift Bank) Centro I, Orani, Bataan 46. World Partners Bank (A Thrift Bank) No. 74 A. Mabini St., Poblacion, San Pedro, Laguna

84 84 !#$-$$'3.#04'1-07$/-*'!7$1#4#*-.+#,2 84 C. RURAL AND COOPERATIVE BANKS

NCR - METRO MANILA

1. 1st Macro Bank, Inc. (A Rural Bank) 11. MVSM Bank (A Rural Bank Since 1953), Inc. 2. Ama Rural Bank of Mandaluyong, Inc. 12. Network Consolidated Cooperative Bank 3. Baclaran Rural Bank, Inc. 13. Rodriguez Rural Bank Inc 4. Banco Alabang, Inc. (A Rural Bank) 14. Rural Bank of Caloocan, Inc. 5. Bangko Pasig (Rural Bank) 15. Rural Bank of San Pascual (Obando Bulacan), Inc. 6. Country Builders Bank Inc (A Rural Bank) 16. San Francisco Del Monte Rural Bank, Inc. 7. East West Rural Bank, Inc. 17. Second Rural Bank of Valenzuela (Metro Manila), Inc. 8. Enterprise Capital Bank Inc(Taguig Rural Bank) 18. Smart Bank (A Rural Bank), Inc. 9. Insular Savers Bank, Inc. (A Rural Bank) 19. Tanay Rural Bank Inc. 10. Metro South Cooperative Bank

REGION I - ILOCOS

ILOCOS NORTE PANGASINAN 1. Cooperative Bank of Ilocos Norte 1. ASENSO Rural Bank of Bautista, Inc. 2. Rural Bank of Batac, Inc. 2. Banco Sual (A Rural Bank), Inc. 3. Bangko Pangasinan - A Rural Bank, Inc. ILOCOS SUR 4. BHF Rural Bank, Inc. 1. Cordillera Bank, Inc. (A Rural Bank) 5. CSFirst Bank, Inc. -A Rural Bank 2. Ilocos Sur Cooperative Bank 6. Kaluyagan Rural Bank, Inc. 3. Rural Bank of Cabugao (Ilocos Sur), Inc. 7. Pangasinan Bank (A Rural Bank), Inc. 4. Rural Bank of Galimuyod (Ilocos Sur), Inc. 8. Rural Bank of Alaminos (Pangasinan), Inc. 5. Rural Bank of Salcedo (Ilocos Sur), Inc. 9. Rural Bank of Anda (Pangasinan), Inc. 6. Rural Bank of Sta. Maria (Ilocos Sur), Inc. 10. Rural Bank of Balungao (Pangasinan), Inc. 7. Sadiri Rural Bank (San Juan Ilocos Sur), Inc. 11. Rural Bank of Bayambang (Pangasinan), Inc. 8. Vigan Banco Rural, Incorporada 12. Rural Bank of Bolinao, Inc. 13. Rural Bank of Central Pangasinan (Bayambang), Inc. 14. Rural Bank of Mangaldan, Inc. (Bangko Rural ng LA UNION Mangaldan, Inc.) 1. Bannawag Bank, Inc. (A Rural Bank) 15. Rural Bank of Pozorrubio, Inc. 2. Community Rural Bank of San Gabriel (La Union), Inc 16. Rural Bank of San Nicolas (Pangasinan), Inc.

3. Cooperative Bank of La Union 17. Rural Bank of San Quintin, Inc. 4. LUDB Bank, Inc. (A Rural Bank) 5. Rang-Ay Bank, Inc. (A Rural Bank) 6. Rural Bank of Agoo, Inc. 7. Rural Bank of Bacnotan, Inc. 8. Rural Bank of Bauang, Inc. 9. Rural Bank of Rosario (La Union), Inc. 10. Rural Bank of Sudipen (La Union), Inc.

Supervision and Examination Sector 85 Second Semester 2016

REGION II - CAGAYAN VALLEY

CAGAYAN NUEVA VIZCAYA 1. Cooperative Bank of Cagayan 1. Agribusiness Rural Bank, Inc. 2. Providence Rural Bank, Inc. 2. Cooperative Bank of Nueva Vizcaya 3. Rural Bank of Gattaran (Cagayan), Inc. 3. Rural Bank of Aritao, Inc. 4. Rural Bank of Sanchez Mira (Cagayan), Inc. 4. Rural Bank of Bagabag (N.V.), Inc. 5. Rural Bank of Bambang (Nueva Vizcaya), Inc. ISABELA 6. Rural Bank of Bayombong, Inc. 1. Common Wealth Rural Bank, Inc. 7. Rural Bank of Dupax (Nueva Vizcaya), Inc. 2. First Isabela Cooperative Bank, Inc. (Ficobank) 8. Rural Bank of Solano (Nueva Vizcaya), Inc. 3. Golden Rural Bank of the Phils. 9. Rural Bank of Villaverde (Nueva Vizcaya), Inc. 4. Mallig Plains Rural Bank (Isabela) , Inc. 10. Vizcaya Bank, A Rural Bank, Inc. 5. North Pacific Banking Corporation 6. Rural Bank of Alicia (Isabela), Inc. QUIRINO 7. Rural Bank of Cauayan, Inc. 1. Bangko Magsaysay (Isabela), Inc. - A Rural Bank 8. Rural Bank of Ramon (Isabela), Inc. 2. Rural Bank of Maddela (Quirino), Inc. 9. Rural Bank of San Agustin (Isabela), Inc. 10. Rural Bank of San Manuel (Isabela), Inc. 11. Rural Bank of San Mateo (Isabela), Inc. 12. Rural Bank of Tumauini, Inc. 13. United Consumers Rural Bank, Inc.

REGION III - CENTRAL LUZON

AURORA BULACAN 1. Aurorabank (A Microfinance-Oriented Rural Bank), Inc. 1. Agricom Rural Bank, Inc. 2. Cooperative Bank of Aurora 2. Baliuag Rural Bank, Inc. 3. Rural Bank of Casiguran (Aurora), Inc. 3. East Coast Rural Bank of Hagonoy, Inc. 4. Rural Bank of Maria Aurora (Aurora), Inc. 4. Emerald Rural Bank, Inc. 5. Gateway Rural Bank, Inc. BATAAN 6. Liberty Bank (A Rural Bank), Inc. 1. Balanga Rural Bank, Inc. 7. Meycauayan Second Rural Bank, Inc. 2. Bataan Cooperative Bank 8. Rural Bank of Angat (Bulacan), Inc. 3. Rural Bank of Abucay (Bataan), Inc. 9. Rural Bank of Bustos, Inc. 4. Rural Bank of Bagac Bataan, Inc. 10. Rural Bank of Doña Remedios Trinidad (Bulacan), Inc. 5. Rural Bank of Hermosa (Bataan), Inc. 11. Rural Bank of Malolos, Inc. 6. Rural Bank of Limay (Bataan), Inc. 12. Rural Bank of Pandi (Bulacan), Inc. 7. Rural Bank of Pilar (Bataan), Inc. 13. Rural Bank of Plaridel (Bulacan), Inc. 14. Rural Bank of San Rafael (Bulacan), Inc 15. Silahis Bank, Inc. (A Rural Bank) 16. Sta. Maria Rural Bank, Inc.

86 86 !#$-$$'3.#04'1-07$/-*'!7$1#4#*-.+#,2 86 NUEVA ECIJA TARLAC 1.Aliaga Farmers Rural Bank, Inc. 1.Advantage Bank Corporation (A Microfinance-Oriented Rural Bank) 2. Banco Rural de Gen. Tinio (BRGT), Inc. 2.Camiling Rural Bank, Inc. 3. Cabanatuan City Rural Bank, Inc. 3.Rural Bank of La Paz, Inc. 4. Citizen's Rural Bank (Cabiao), Inc. 4.Rural Bank of Pura, Inc. 5. Cuyapo Rural Bank, Inc. 5.Rural Bank of Sta. Ignacia, Inc. 6. Gm Bank of Luzon, Inc. (A Rural Bank) 6.Rural Bank of Sta Rosa De Lima (Paniqui Tarlac), Inc. 7. Key Rural Bank, Inc. 7. Rural Bank of Victoria, Inc. 8. Masagana Rural Bank (Gen. Natividad Nueva Ecija) 8. St Michael Rural Bank of Tarlac (Tarlac), Inc. 9. New Covenant Bank, Inc. (A Rural Bank) 10. New Rural Bank of San Leonardo (Nueva Ecija), Inc. 11. Rural Bank of Jaen, Inc. 12. Rural Bank of Lupao, Inc. 13. Rural Bank of Quezon (Nueva Ecija), Inc. 14. Rural Bank of Sto. Domingo (Nueva Ecija), Inc. 15. Rural Bank of Talugtug (NE), Inc. 16. Towncall Rural Bank, Inc.

PAMPANGA ZAMBALES 1. Bangko Nuestra Sra Del Pilar, Inc. A Rural Bank 1. Banko Zambaleño, Inc. (BZI) (A Rural Bank) 2. BOF, Inc. (A Rural Bank) 2.Bridgeway Rural Banking Corporation 3. Crown Bank, Inc. (A Rural Bank) 3.Community Rural Bank of San Felipe (Zambales), Inc. 4. Guagua Rural Bank, Inc. 4.Cooperative Bank of Zambales 5. Guagua Savers Bank (A Rural Bank), Inc. 5.Countryside Rural Bank of Palauig (Zambales), Inc. 6. Masantol Rural Bank, Inc. 6.Maharlika Rural Bank, Inc. 7. Rural Bank of Angeles, Inc. 7.Rural Bank of Cabangan (Zambales), Inc. 8. Rural Bank of Apalit, Inc. 8.Rural Bank of San Marcelino, Inc. 9. Rural Bank of Mabalacat, Inc. 9.Rural Bank of San Narciso, Inc. 10.Rural Bank of Mexico, Inc. 10.Zambales Rural Bank, Inc. 11. Rural Bank of Porac (Pampanga), Inc. 12. Rural Bank of San Luis (Pampanga), Inc. 13. Rural Bank of Sasmuan (Pampanga), Inc. 14. San Bartolome Rural Bank, Inc. 15. San Fernando Rural Bank, Inc. 16. Saviour Rural Bank, Inc. 17. Second Rural Bank of San Luis Pampanga, Inc.

Supervision and Examination Sector 87 Second Semester 2016

REGION IV-A (CALABARZON)

BATANGAS LAGUNA 1. 5 Speed Rural Bank, Inc. 1. Banco de Calamba, Inc. (A Rural Bank) 2.Batangas Rural Bank for Cooperative, Inc. 2.Banco Laguna, Inc. (A Rural Bank Since 1965) 3. Bolbok Rural Bank, Inc. 3. Biñan Rural Bank, Inc. 4. Caritas Banco ng Masa, Inc. (A Microfinance Oriented Rural Bank) 4. Card Bank, Inc. (A Microfinance Rural Bank) 5. Classic Rural Bank, Inc. 5. De La O Rural Bank, Inc. 6.Countryside Cooperative Rural Bank of Batangas 6.Entrepreneur Rural Bank, Inc. 7. Empire Rural Bank, Inc. 7. First United Farmers Rural Bank, Inc. 8. Limcoma Rural Bank, Inc. 8. Laguna Prestige Banking Corporation, (A Rural Bank) 9. Lipa Bank, Inc. (A Rural Bank) 9. Mount Makiling Rural Bank, Inc. 10. Malarayat Rural Bank, Inc. 10. Ormon Bank(Rural Bank of Mulanay(Quezon), Inc. 11. Mt. Carmel Rural Bank, Inc 11. Planbank Rural Bank of Canlubang Planters, Inc. 12. New Rural of Agoncillo, Inc. 12. Provident Rural Bank of Sta. Cruz (Laguna), Inc. 13. Progressive Rural Bank, Inc. 13. Rizal Bank Inc. A Microfinance-Oriented Rural Bank 14. Rural Bank of Alitagtag, Inc. 14. Rural Bank of Bay, Inc. 15. FBC First Bank of Calaca, Inc. 15. Rural Bank of Calauan, Inc. 16. Rural Bank of Cuenca, Inc. 16. Rural Bank of Cavinti (Laguna), Inc. 17. Rural Bank of Lemery, Inc. 17. Rural Bank of Luisiana (Laguna), Inc. 18.Rural Bank of Lipa City (Batangas), Inc. 18.Rural Bank of Lumban (Laguna), Inc. 19. Rural Bank of Padre Garcia, Inc. 19. Rural Bank of Mabitac (Laguna), Inc. 20.Rural Bank of San Luis (Batangas), Inc. 20.Rural Bank of Magdalena (Laguna), Inc. 21. Rural Bank of Taal, Inc. 21. Rural Bank of Marilag (Sta. Maria, Laguna), Inc. 22.Rural Bank of Talisay (Batangas), Inc. 22.Rural Bank of Nagcarlan, Inc. 23. Summit Rural Bank of Lipa City, Inc. 23. Rural Bank of Paete, Inc. 24.Sunrise Rural Bank (Rosario Batangas), Inc. 24.Rural Bank of Pangil (Laguna), Inc. 25. Utility Bank, Inc. (A Rural Bank) 25. Rural Bank of Rizal (Laguna), Inc. 26. Women's Rural Bank, Inc. 26. Rural Bank of San Lorenzo Ruiz (Siniloan) 27. Rural Bank of Seven Lakes (San Pablo City, Inc. CAVITE 28. Rural Bank of Sta. Rosa (Laguna), Inc. 1. Agricultural Bank of The Philippines, Inc. (A Rural Bank) 29.Turumba Rural Bank of Pakil, Inc. 2.Bangko Mabuhay (A Rural Bank), Inc. 30.Unilink Bank, Inc. ( A Rural Bank) 3. Bangko Noveleta, Inc. A Rural Bank 4. Cavite United Rural Bank Corporation QUEZON 5. Cebuana Lhuillier Rural Bank, Inc. 1. Cooperative Bank of Quezon Province 6.First Integrity Bank, Inc. (Rural Bank of Bailen) 2. Grand-Agri Rural Bank 7. Imus Rural Bank, Inc. 3. Mega Rural Bank (Lucena City), Inc. 8.Masuwerte Rural Bank of Bacoor (Cavite), Inc. 4.Quezon Capital Rural Bank, Inc. 9.Own Bank, The Rural Bank of Cavite City, Inc. 5.Rural Bank of Atimonan, Inc. 10. Rural Bank of General Trias, Inc. 6. Rural Bank of Candelaria, Inc. 11. Rural Bank of Maragondon, Inc. 7. Rural Bank of Dolores (Quezon), Inc. 12. Rural Bank of Naic, Inc. 8. Rural Bank of General Luna (Quezon), Inc. 13.Sto. Niño Rural Bank(Ternate Cavite), Inc. 9.Rural Bank of Infanta, Inc. 10. Rural Bank of Lucban (Quezon), Inc. RIZAL 11. Rural Bank of Mauban, Inc. 1. Binangonan Rural Bank, Inc. 12. Rural Bank of Pagbilao, Inc. 2. Filidian Rural Bank of Antipolo, Inc. 13. Rural Bank of Sampaloc (Quezon), Inc. 3.Innovative Bank, Inc., ( A Rural Bank) 14.Rural Bank of San Antonio (Quezon), Inc. 4. Rural Bank of Angono, Inc. 15. Tiaong Rural Bank, Inc. 5. Rural Bank of Antipolo, Inc. 16. United People's Rural Bank, Inc. 6. Rural Bank of Cardona (Rizal) , Inc. 17. Universal Rural Bank of Lopez (Quezon), Inc. 7. Rural Bank of Montalban, Inc.

88 88 !#$-$$'3.#04'1-07$/-*'!7$1#4#*-.+#,2 88 Region IV-B (MIMAROPA)

OCCIDENTAL MINDORO ORIENTAL MINDORO 1. Occidental Mindoro Cooperative Bank (OMCB) 1. Banco De Mindoro, Inc. (A Rural Bank) 2. Occidental Mindoro Rural Bank, Inc. 2. Bangko Rural ng San Teodoro, Inc. 3. Tamaraw Rural Bank, Inc. 3. First Mindoro Microfinance Rural Bank, Inc. 4. Oriental Tamaraw Rural Bank of Naujan (Or. Mdo.), Inc. ROMBLON 5. Rural Bank of Baco (Oriental Mindoro), Inc. 1. Community Rural Bank of Romblon, Inc. 6. Rural Bank of Bansud (Oriental Mindoro), Inc. 2. Rural Bank of Odiongan, Inc. 7. Rural Bank of Gloria (Or. Min.), Inc. 3. Rural Bank of Sta. Fe (Romblon), Inc. 8. Rural Bank of Pinamalayan, Inc. 9. Rural Bank of Pola (Oriental Mindoro), Inc. PALAWAN 10. Rural Bank of Puerto Galera (Oriental Mindoro) , Inc. 1. Cooperative Bank of Palawan 11. Rural Bank of Roxas (Oriental Mindoro), Inc. 2. Rural Bank of Brooke's Point (Palawan), Inc. 12. Rural Bank of Socorro (Oriental Mindoro), Inc. 3. Rural Bank of Cuyo (Palawan), Inc. 13. The Country Bank Rural Bank of Bongabong Or. Mindoro, Inc.

CORDILLERA ADMINISTRATIVE REGION (CAR)

ABRA IFUGAO 1. Rural Bank of Bucay (Abra), Inc. 1. Lagawe Highlands Rural Bank, Inc.

APAYAO KALINGA 1. Rural Bank of Luna (Kalinga-Apayao), Inc. 1. Rural Bank of Rizal (Kalinga-Apayao), Inc. 2. Rural Bank of Tabuk (Kalinga_Apayao), Inc. BENGUET 1. Banco Bakun, Inc. (A Rural Bank) MOUNTAIN PROVINCE 2. Benguet Center Bank, Inc. A Rural Bank 1. Cooperative Bank of Mt. Province 3. Cooperative Bank of Benguet (CBB) 2. Rural Bank of Bontoc (Mountain Province), Inc. 4. Diamond Rural Bank, Inc. 3. Rural Bank of Sagada (Mountain Province), Inc. 5. Highland Rural Bank, Inc. 6. Rural Bank of Baguio, Inc. 7. Rural Bank of Itogon (Benguet), Inc. 8. Summit Bank (Rural Bank of Tublay, Inc.)

Supervision and Examination Sector 89 Second Semester 2016

REGION V - BICOL

CAMARINES NORTE ALBAY 1. Banco San Vicente, Inc. (A Rural Bank) 1. Banco Santiago de Libon, Inc. 2. Rural Bank of Capalonga (Camarines Norte), Inc. 2. Cagsawa Rural Bank, Inc. 3. Rural Bank of Jose Panganiban (Camarines Norte), Inc. 3. Camalig Bank, Inc. A Rural Bank 4. Rural Bank of Paracale (Camarines Norte), Inc. 4. Rural Bank of Guinobatan, Inc. 5. Rural Bank of Sta. Elena (Cams Norte), Inc.

CAMARINES SUR CATANDUANES 1. Bangko Rural ng Magarao (Camarines Sur), Inc. 1. ARDCIBank, Inc. A Rural Bank 2. Bangko Rural ng Pasacao (Cam Sur), Inc. 3. First Naga Bank, Inc. 4. Municipal Rural Bank of Libmanan (Cam Sur), Inc. MASBATE 5. Municipal Rural Bank of Nabua (Camarines Sur), Inc. 1. Rural Bank of San Jacinto (Masbate), Inc. 6. Rural Bank of Goa, Inc. 7. Rural Bank of Pamplona (Camarines Sur), Inc. 8. Rural Bank of Ragay (Camarines Sur), Inc. SORSOGON 9. Rural Bank of San Fernando (C S), Inc. 1. Rural Bank of Donsol (Sorsogon), Inc. 10. Rural Bank of San Jose (Camarines Sur), Inc. 2. Rural Bank of Irosin, Inc. 11. Rural Bank of Sipocot (Camarines Sur), Inc. 3. Rural Bank of Pilar (Sorsogon), Inc. 12. Rural Bank of Tigaon Camarines Sur, Inc. 13. Southeast Country Bank, Inc. (A Rural Bank)

REGION VI - WESTERN VISAYAS

AKLAN ILOILO 1. Rural Bank of Altavas (Aklan), Inc. 1. Anilao Bank (Rural Bank of Anilao (Iloilo), Inc. 2. Rural Bank of Banga (Aklan), Inc. 2. Bangko Buena Consolidated, Inc. (A Rural Bank) 3. Rural Bank of Ibajay, Inc. 3. First Midland Rural Bank, Inc. 4. Rural Bank of Makato (Aklan), Inc. 4. Janiuay Rural Bank, Inc. 5. Rural Bank of New Washington (Aklan), Inc. 5. Life Bank - Rural Bank of Maasin (Iloilo) 6. Opportunity Kauswagan Bank Inc (A Microfinance Rural Bank 7. Progressive Bank, Inc. (Progressive A Rural Bank Inc) 8. Racso's Bank, Inc. (A Rural Bank) CAPIZ 9. Rural Bank of Alimodian (Iloilo), Inc. 1. Farm Bank, Inc. (A Rural Bank) 10. Rural Bank of Barotac Nuevo, Inc. 2. Rural Bank of Cuartero (Capiz), Inc. 11. Rural Bank of Barotac Viejo (Iloilo), Inc. 3. Rural Bank of Jamindan (Capiz), Inc. 12. Rural Bank of Cabatuan (Iloilo), Inc. 4. Rural Bank of Mambusao, Inc. 13. Rural Bank of Calinog (Iloilo), Inc. 14. Rural Bank of Dumangas, Inc. GUIMARAS 15. Rural Bank of Iloilo City, Inc. 1. Banco de Arevalo, Inc. (A Rural Bank) 16. Rural Bank of Leganes (Iloilo), Inc. 17. Rural Bank of Miagao (Iloilo), Inc. 18. Rural Bank of Oton (Iloilo), Inc. ANTIQUE 19. Rural Bank of Pavia (Iloilo), Inc. 1. Rural Bank of Bugasong (Antique), Inc. 20. Rural Bank of Pototan, Inc. 2. Rural Bank of Sibalom (Antique), Inc. 21. Rural Bank of San Miguel (Iloilo), Inc. 3. Rural Bank of Tibiao (Antique), Inc. 22. Rural Bank of Sta. Barbara (Iloilo), Inc. 23. Rural Bank of Tigbauan (Iloilo), Inc. 24. Rural Bank of Zarraga (Iloilo), Inc. 25. RBG Imperial Bank, Inc. (A Rural Bank) 26. Valiant Bank, Inc. (A Rural Bank)

90 90 !#$-$$'3.#04'1-07$/-*'!7$1#4#*-.+#,2 90 REGION VII - CENTRAL VISAYAS

BOHOL SIQUIJOR 1. Cooperative Rural Bank of Bohol 1. Rural Bank of Larena (Siquijor), Inc. 2. Rural Bank of Loboc, Inc. 3. Rural Bank of Loon (Bohol), Inc.

CEBU 1. Aspac Rural Bank, Inc. 12. Philippine SME Bank, Inc., A Rural Bank 2. Banco Maximo, Inc. (A Rural Bank) 13. Rural Bank of Barili (Cebu), Inc. 3. Banco Rural De Isla Cordova (Cebu), Inc. 14. Rural Bank of Bogo (Cebu), Inc. 4. Bankways, Inc. (A Rural Bank) 15. Rural Bank of Madridejos (Cebu), Inc. 5. Community Rural Bank of Catmon (Cebu), Inc. 16. Rural Bank of Mandaue, Inc. 6. Community Rural Bank of Medellin (Cebu), Inc. 17. Rural Bank of Oslob (Cebu), Inc. 7. Cooperative Bank of Cebu 18. Rural Bank of Talisay (Cebu), Inc. 8. First Agro-Industrial Rural Bank, Inc. (FairBank) 19. RNG Coastal Bank, Inc. (A Rural Bank) 9. Frontier Rural Bank, Inc. 20. Rural Bank of Ronda, Inc. 10. Mactan Rural Bank (Lapu-Lapu City), Inc. 21. Sugbuanon Rural Bank, Inc. 11. National Teachers & Employees Cooperative Bank 22. Upland Rural Bank of Dalaguete (Cebu), Inc. REGION VIII - EASTERN VISAYAS

EASTERN SAMAR SOUTHERN LEYTE 1. Far Eastern Bank (A Rural Bank), Inc. 1. Rural Bank of Hinundayan (Southern Leyte), Inc. 2. Rural Bank of Guiuan (Eastern Samar), Inc. 2. Rural Bank of Malitbog (Southern Leyte), Inc. 3. Rural Bank of San Juan (So. Leyte), Inc. LEYTE 4. Rural Bank of Maasin (So. Leyte), Inc. 1. Bank of Ormoc, Inc. (A Rural Bank) 2. Rural Bank of Bato (Leyte), Inc. 3. Rural Bank of Dulag (Leyte), Inc. WESTERN SAMAR 4. Rural Bank of Hilongos,Inc. 1. Rural Bank of Basey (Samar), Inc. 5. Rural Bank of Hindang (Leyte), Inc. 2. Rural Bank of Calbayog City, Inc. 6. Rural Bank of Mahaplag (Leyte), Inc. 3. Rural Bank of Gandara (Samar), Inc. 7. Rural Bank of Matag-ob (Leyte), Inc. REGION NIR - NEGROS ISLAND REGION

NEGROS OCCIDENTAL NEGROS ORIENTAL 1. First Community Bank, Inc. (Rural Bank) 1. Cooperative Bank of Negros Oriental 2. First State Rural Bank, Inc. 2. Dumaguete Rural Bank, Inc. 3. Marayo Bank, Inc. (A Rural Bank) 3. Rural Bank of Amlan (Negros Oriental), Inc. 4. Negros Cooperative Bank 4. Rural Bank of Bacong (Negros Oriental), Inc. 5. Rural Bank of Bacolod City, Inc. 5. Rural Bank of Guihulngan (Negros Or.), Inc. 6. Rural Bank of Cadiz, Inc. 6. Rural Bank of Pamplona (Negros Or.), Inc. 7. Rural Bank of Escalante (Negros Occ.), Inc. 7. Rural Bank of Sibulan Negros Oriental, Inc. 8. Rural Bank of Ilog (Negros Occidental), Inc. 8. Rural Bank of Sta. Catalina Negros Oriental, Inc. 9. Rural Bank of Manapla (Neg Occ), Inc. 9. Rural Bank of Tanjay, Inc. 10. Rural Bank of Sagay, Inc. 10. SG Bank - A Rural Bank, Inc. 11. Rural Bank of Silay City, Inc. 12. Talisay Rural Bank, Inc

Supervision and Examination Sector 91 Second Semester 2016

REGION IX - ZAMBOANGA PENINSULA

ZAMBOANGA DEL NORTE 1. Banco Dipolog, Inc. A Rural Bank ZAMBOANGA DEL SUR 2. Community Rural Bank of Dapitan City, Inc. 1. Banco Cooperativa de Zamboanga 3. Katipunan Bank Inc. A Rural Bank 2. Rural Bank of Pagadian, Inc. 4. Rural Bank of Labason (Zamboanga Del Norte), Inc. 3. Rural Bank of Siocon (Zamboanga Del Norte), Inc. 5. Rural Bank of Liloy (Zamboanga Del Norte), Inc. 4. Salug Valley Rural Bank, Inc. 6. Rural Bank of Manukan (Zamboanga Del Norte), Inc. 5. Zamboanga City Rural Bank, Inc. 7. Rural Bank of Rizal (Zamboanga Del Norte) 8. Rural Bank of Salug (Zamboanga Del Norte), Inc. ZAMBOANGA SIBUGAY 9. Zamboanga del Norte Cooperative Bank 1. Rural Bank of Kabasalan (Zamboanga Del Sur), Inc.

REGION X - NORTHERN MINDANAO

BUKIDNON MISAMIS OCCIDENTAL 1. Bukidnon Bank, Inc. (A Rural Bank) 1. Misamis Bank, Inc. A Rural Bank 2. Bukidnon Cooperative Bank 2. Panguil Bay Rural Bank of Ozamiz, Inc. 3. D' Asian Hills Bank (A Rural Bank) 3. Rural Bank of Bonifacio (Misamis Occidental), Inc. 4. Malaybalay Rural Bank, Inc. 4. Rural Bank of Jimenez (Misamis Occidental), Inc. 5. Rural Bank of Kibawe (Bukidnon), Inc. 5. Rural Bank of Lopez Jaena (Misamis Occidental), Inc. 6. Rural Bank of Manolo Fortich Bukidnon, Inc. 6. Rural Bank of Pana-On (Mis Occ), Inc. 7. Bank of HOPE, Inc. (A Rural Bank) LANAO DEL NORTE 8. Rural Bank of Tangub (Mis Occ), Inc. 1. Rural Bank of Iligan City, Inc. 2. Rural Bank of Karomatan (Lanao del Norte), Inc. 3. Rural Bank of Maigo (Lanao Del Norte), Inc.

MISAMIS ORIENTAL 1. BINHI Rural Bank Inc. (Formerly: Rural Bank of Balingasag(Misamis 8. Rural Bank of Initao (Misamis Oriental), Inc. 2. Cooperative Bank of Misamis Oriental 9. Rural Bank of Medina (Misamis Oriental), Inc. 3. Naawan Community Rural Bank (Misamis Oriental), Inc. 10. RBT Bank, Inc. A Rural Bank 4. Palm Tree Bank, Inc. (A Rural Bank) 11. Secured Bank, Inc. (A Rural Bank) 5. Rural Bank of El Salvador (Misamis Oriental), Inc. 12. South Bank (A Rural Bank), Inc. 6. Rural Bank of Gingoog, Inc. 7. Rural Bank of Gitagum (Misamis Oriental), Inc.

REGION XI - DAVAO REGION

COMPOSTELA VALLEY PROVINCE DAVAO DEL SUR 1. Money Mall Rural Bank, Inc. 1. Consolidated Cooperative Bank 2. Rural Bank of Compostela (Davao del Norte), Inc. 2. One Network Bank, Inc. (A Rural Bank) 3. Rural Bank of Nabunturan (Davao del Norte), Inc. 3. Rural Bank of Digos, Inc.

DAVAO DEL NORTE DAVAO ORIENTAL 1. Century Rural Bank, Inc. 1. Baybank Inc. (A Rural Bank) 2. First Tagum Rural Bank, Inc. 2. Rural Bank of Mati, Inc. 3. Rural Bank of Kapalong (Davao), Inc.

92 92 !#$-$$'3.#04'1-07$/-*'!7$1#4#*-.+#,2 92 REGION XII - SOCCSKSARGEN

NORTH COTABATO 1. Cooperative Bank of Cotabato SOUTH COTABATO 2. Partner Rural Bank (Cotabato), Inc. 1. People's Rural Bank (Gen. Santos City), Inc. 3. Rural Bank of Midsayap, Inc. 2. Rural Bank of Norala (S. Cotabato), Inc. 3. Rural Bank of Polomolok (South Cotabato), Inc.

SARANGANI SULTAN KUDARAT 1. Rural Bank of Alabel (Sarangani), Inc. 1. Rural Bank of Lebak (Sultan Kudarat) , Inc. 2. Rural Bank of Kiamba (Sarangani), Inc. 2. Rural Bank of Pres. Quirino (Sultan Kudarat) , Inc.

AUTONOMOUS REGION IN MUSLIM MINDANAO (ARMM)

LANAO DEL SUR MAGUINDANAO 1. Bagong Bangko Rural ng Malabang (Lanao del Sur), Inc. 1. Rural Bank of Datu Paglas, Inc.

REGION XIII- CARAGA

AGUSAN DEL NORTE AGUSAN DEL SUR 1. Butuan City Rural Bank, Inc. 1. People's Bank of Caraga, Inc. (A Rural Bank) 2. Cooperative Bank of Agusan Norte-Butuan City

SURIGAO DEL SUR SURIGAO DEL NORTE 1. Bangko Carrascal, Inc. (A Rural Bank) 1. Rural Bank of Placer (Surigao Del Norte), Inc. 2. Cantilan Bank , Inc. (A Rural Bank) 3. Rural Bank of Lanuza (Surigao del Sur), Inc. DINAGAT ISLANDS 4. Rural Bank of Tandag (Surigao del Sur), Inc. 1. Rural Bank of Loreto (Surigao del Norte), Inc.

92 Supervision and Examination Sector 93 Second Semester 2016

DIRECTORY OF OFFSHORE BANKING UNITS As of 31 December 2016

1. BNP Paribas 32/F Philam 8767 Paseo de Roxas, Makati City 2. J P Morgan International Finance, Ltd 31/F Philam 8767 Paseo de Roxas, Makati City 3. Taiwan Cooperative Bank 26/F Citibank Tower 8741 Paseo de Roxas, Makati City

DIRECTORY OF NON-BANK FINANCIAL INSTITUTIONS WITH QUASI-BANKING FUNCTIONS As of 31 December 2016

INVESTMENT HOUSES (IHs)

1. BPI Capital Corporation 8/F Bank of P.I. Building, Ayala Avenue, Makati City 2. First Metro Investment Corporation 20/F GT Tower International, Ayala Avenue corner HV dela Costa, Makati City 3. RCBC Capital Corporation 7/F Yuchengco Tower, RCBC Plaza, 6819 Ayala Avenue, Makati City 0727

FINANCING COMPANIES (FCs)

1. Cebu International Finance Corporation 8/F CIFC Towers, J Luna Ave cor R Humabon St, NRA, Cebu City

2. RCBC Leasing & Finance Corporation 5/F Grepalife Building, 221 Sen Gil J Puyat Avenue, Makati City

3. Metrobank Card Corporation (A Finance Co.) 12/F, MCC Center 6778 Ayala Avenue, Makati City 4. Orix Metro Leasing and Finance Corporation 21/F GT Tower International, Ayala Avenue corner HV Dela Costa St., Salcedo Village, Makati City 5. Toyota Financial Services Philippines Corporation (TFSPH) 32/F GT Tower International, Ayala Avenue corner HV Dela Costa St., Salcedo Village, Makati City

OTHER NON-BANKS WITH QBF 1. Philippine Depository and Trust Corporation 37/F, Tower I, The Enterprise Center 6766 Ayala Avenue, Makati City

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