The Philippine Banking System

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The Philippine Banking System Supervision and Examination Sector Supervisory Data Center FFAACCTTBBOOOOKK The Philippine Banking System TABLE OF CONTENTS (2013 Fact Book – Volume 1) Part I. Highlights on the Philippine Banking System ……………………………………………………………….…………. I. 1 Part II. Industry Profile of the Philippine Banking System 1. Physical Network a. Number of Offices by Type of Bank Group (2005 – 2013) ………..……….…………………………… II. 1 b. Number of Offices by Type and Location (as of 31 December 2013) ..………………………….. II. 2 c. Number of Automated Teller Machines (2005 – 2013) …………………………………………….... II. 4 d. Changes in the Philippine Banking Network (for the year 2013) …………………………………. … II. 5 2. Balance Sheet (2010 – 2013) The Philippine Banking System ……………….……………………………………………...……………………. II. 6 a. Universal and Commercial Banks ………………………………………………………………………......... II. 7 i. Classified by Nature of Operation a. Universal Banks ………………………………………………………………………………… II. 8 b. Commercial Banks ……………………………………………………………………………… II. 9 ii. Classified by Ownership a. Private Domestic Banks ………………………………………………………………………… II . 10 b. Government Banks ……………………………………………………………………………… II. 11 c. Foreign Bank Branches …………………………………………………………………………. II. 12 d. Foreign Bank Subsidiaries ………………………………………………………………………. II. 13 b. Thrift Banks …………………………………………………………………………………………………….. II. 14 c. Rural and Cooperative Banks …………………………………………………………………………….. II. 15 3. Published Balance Sheet (as of 31 December 2013) Universal, Commercial and Thrift Banks ………………………...…………………………………………….. II. 16 a. Universal and Commercial Banks ………………………………………………………………………… II. 17 b. Thrift Banks …………………………………………………………………………………………………….. II. 30 4. Income Statement (2010 – 2013) The Philippine Banking System ………………. ………………………………………………………………… II. 48 a. Universal and Commercial Banks ……………………………………………………………………... II. 49 b. i. Classified by Nature of Operations a. Universal Banks ………………………………………………..……………………………... II. 50 b. Commercial Banks ……………………………………………………………………………… II. 51 ii. Classified by Ownership a. Private Domestic Banks ………………………………………………………………………... II. 52 b. Government Banks ……………………………………………………………………………... II. 53 c. Foreign Bank Branches ………………………………………………………………………… II. 54 d. Foreign Bank Subsidiaries ……………………………………………………………………… II. 55 b. Thrift Banks ……………………………………………………………………………………………………. II. 56 c. Rural and Cooperative Banks …………………………………………………………………………….. II. 57 5. Summary Report on Compliance with Agri-Agra Reform Credit (2009 – 2013) The Philippine Banking System ………………. ………………………………………………………………… II. 58 a. Universal and Commercial Banks ………………………………………………………………………... II. 59 b. Thrift Banks ……………………………………………………………………………………………………. II. 60 c. Rural and Cooperative Banks …………………………………………………………………………….. II. 61 TABLE OF CONTENTS (2013 Fact Book – Vol. 1) 6. Summary Report on Compliance with Small and Medium Enterprise Credit (2010-2014) The Philippine Banking System ………………..…………………………………………………………………. II. 62 a. Universal and Commercial Banks ...……………………………………………………………………... II. 63 b. Thrift Banks ……………………………………………………………………………………………………. II. 64 c. Rural and Cooperative Banks ……………………………………………………………………………. II. 65 7. Philippine Foreign Currency Deposit System Balance Sheet (2010-2013) The Philippine Banking System ………………..…………………………………………………………………. II. 66 a. Universal and Commercial Banks ………………………………………………………………………... II. 67 b. Thrift Banks …………………………………………………………………………………………………….. II. 68 8. Trust and Fund Management Operations (2012-2013) The Philippine Banking System ………………...……………………………….……………………………….. II. 69 a. Universal and Commercial Banks ………………………………………………………………………... II. 70 b. Thrift Banks …………………………………………………………………………………………………….. II. 71 Part III. Directory of the Philippine Banking System 1. Directory of Head Offices of the Banking System (as of December 31, 2013) a. Universal and Commercial Banks …………………….……………………………………………….... III. 1 b. Thrift Banks …….… ………………………………….…………………………………………… ….. ……… III. 2 c. Rural and Cooperative Banks …………………………..………………………………………………… III. 4 2. Overseas Offices of Universal and Commercial Banks (as of December 31, 2013) …………………. III. 21 3. Offsh ore Banking Units (as of December 31, 2013) ………………………………………………………… III. 19 4. Banking Industry Associations (as of December 31, 2013) ………………………………………………… III. 20 Part I Highlights on the Philippine Banking System HIGHLIGHTS ON THE PHILIPPINE BANKING SYSTEM Domestic Offices Overseas Offices Total of Philippine Head Offices Other Offices Banks 1/ A. Number of Banking Offices (as of December 2013) 9,935 673 9,211 51 Increase/(Decrease) 2013 2012 Amount Percent (%) B. Balance Sheet Accounts (in P Billion) Total Assets 9,971 8,050 1,921 23.86 Cash and Due from banks 2,553 1,459 1,094 75.00 Financial Assets, gross (net of amortization) 2,007 1,819 188 10.32 Accumulated Market Gains/Losses (9) 55 (64) (117.10) Allowance for Credit Losses 26 26 0 (0.76) Financial Assets, net 1,971 1,849 122 6.62 Loans, gross 2/ 4,897 4,229 668 15.79 Allowance for probable losses 161 157 4 2.47 Loans, net (inclusive of Interbank Loans) 4,736 4,072 664 16.31 Equity Investments, gross 182 166 16 9.78 Allowance for probable losses 2 2 0 (15.24) Equity Investments, net 181 164 17 10.09 Real and Other Properties Acquired, net 110 116 (6) (5.58) Other assets 420 389 31 7.97 Total Liabilities and Capital Accounts 9,971 8,050 1,921 23.86 Total Liabilities 8,845 6,998 1,847 26.39 Financial Liabilities Held for Trading 41 53 (12) (23.04) Financial Liabilities Designated at Fair Value through Profit or Loss 0 6 (6) (100.00) Deposit Liabilities 7,609 5,754 1,855 32.24 Bills Payable 502 427 75 17.66 Special Financing 0 0 0 Unsecured Subordinated Debt 63 113 (50) (44.39) Redeemable Preferred Shares 0 0 0 Other liabilities 630 645 (15) (2.36) Capital Accounts 1,126 1,051 75 7.12 Capital Stock 542 465 77 16.61 Assigned Capital 27 27 0 0.85 Net Due to Head Office 95 95 0 0.33 Other Equity Instruments 28 31 (3) (10.99) Deposit for Stock Subscription 2 Retained Earnings & Undivided Profits 3/ 431 433 (2) (0.43) C. Income Statement Accounts (in P Billion) Net Profit or Loss 145 122 23 18.56 Total Operating Income 450 402 48 11.94 Net Interest Income 275 248 27 10.87 Interest Income 367 359 8 2.15 Less: Interest Expense 91 111 (20) (17.63) Provision for Losses on Accrued Interest 0 0 0 Income from Financial Assets Non-Interest Income 175 154 21 13.64 Non Interest Expense 275 256 19 7.24 Losses/Recoveries on Financial Assets (29) (21) (8) 38.81 Net Profit Before Share in the Profit/(Loss) of 147 125 22 17.25 Unconsolidated Subsidiaries, Associates and Joint Ventures Accounted for Using the Equity Method Share in the Profit/(Loss) of Unconsolidated Subsidiaries, 27 16 11 66.27 Associates and Joint Ventures Accounted for Using the Equity Method Total Profit/Loss Before Tax and Before Minority Interest 173 141 32 22.82 Income Tax Expense 29 20 9 42.62 Total Profit/Loss After Tax and Before Minority Interest 145 122 23 18.56 D. Selected Ratios (%) Return on Average Assets 1.61 1.58 Return on Average Equity 13.29 12.36 1/ Excluding Offshore Banking Units and Representative Offices of Foreign Banks 2/ Gross, net of amortization 3/ Inclusive of Other Comprehensive Income, Appraisal Increment Reserve and Stock Dividend Distributable Details may not add up to totals due to rounding-off Source: Supervisory Data Center, Supervision and Examination Sector Part II Industry Profile of the Philippine Banking System Table 1.a NUMBER OF OFFICES BY TYPE OF BANK GROUP 2004 - 2013 Type of Bank 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 Philippine Banking System 7,640 7,708 7,900 8,070 8,448 8,620 8,877 9,050 9,410 9,935 Head Offices 893 879 862 847 818 785 758 726 696 673 Branches/ Other Offices 6,747 6,829 7,038 7,223 7,630 7,835 8,119 8,324 8714 9262 I. Universal and Commercial Banks 4,352 4,347 4,347 4,311 4,447 4,520 4,681 4,857 5,145 5,461 Head Offices 42 41 39 38 38 38 38 38 37 36 Branches/ Other Offices 4,310 4,306 4,308 4,273 4,409 4,482 4,643 4,819 5108 5425 A. Universal Banks 3,717 3,712 3,840 3,834 3,952 4,009 4,121 4,207 4,622 5,010 Head Offices 18 17 17 17 17 18 19 20 21 21 Branches/ Other Offices 3,699 3,695 3,823 3,817 3,935 3,991 4,102 4,187 4601 4989 Private Domestic Banks 3,286 3,277 3,406 3,395 3,512 3,569 3,674 3,743 4,147 4,523 Head Offices 12 11 11 11 11 11 11 11 12 12 Branches/ Other Offices 3,274 3,266 3,395 3,384 3,501 3,558 3,663 3,732 4,135 4,511 Foreign Bank Branches 12 12 12 15 15 16 17 17 17 17 Head Offices 3 3 3 3 3 4 5 6 6 6 Branches/ Other Offices 9 9 9 12 12 12 12 11 11 11 Government Banks 419 423 422 424 425 424 430 447 458 470 Head Offices 3 3 3 3 3 3 3 3 3 3 Branches/ Other Offices 416 420 419 421 422 421 427 444 455 467 B . Commercial Banks 635 635 507 477 495 511 560 650 523 451 Head Offices 24 24 22 21 21 20 19 18 16 15 Branches/ Other Offices 611 611 485 456 474 491 541 632 507 436 Private Domestic Banks 477 487 424 391 410 427 472 561 432 337 Head Offices 9 9 8 7 7 7 8 8 6 5 Branches/ Other Offices 468 478 416 384 403 420 464 553 426 332 Foreign Bank Subsidiaries 142 132 67 70 69 69 74 76 78 100 Head Offices 4 4 3 3 3 3 2 2 2 2 Branches/ Other Offices 138 128 64 67 66 66 72 74 76 98 Foreign Bank Branches 16 16 16 16 16 15 14 13 13 14 Head Offices 11 11 11 11 11 10 9 8 8 8 Branches/ Other Offices 5 5 5 5 5 5 5 5 5 6 II. Thrift Banks 1,280 1,293 1,323 1,345 1,327 1,333 1,418 1,491 1,619 1,828 Head Offices 87 84 84 82 77 73 73 71 70 71 Branches/ Other Offices 1,193 1,209 1,239 1,263 1,250 1,260 1,345 1,420 1,549 1,757 III.
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