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 (2014 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 – 2014) …………………………………………… II. 1 b. Number of Offices by Type and Location (as of 31 December 2014) ……………………………. II. 2 c. Number of Automated Teller Machines (2005 – 2014) ………………………………………………. II. 5 d. Changes in the Philippine Banking Network (for the year 2014) …………………………………… II. 6 2. Balance Sheet (2010 – 2014) The Philippine Banking System ……………….…………………………………………………………………. II. 7 a. Universal and Commercial Banks ………………………………………………………………………... II. 8 i. Classified by Nature of Operation a. Universal Banks …………………………………………………………………………………… II. 9 b. Commercial Banks ……………………………………………………………………………… II. 10 ii. Classified by Ownership a. Private Domestic Banks ………………………………………………………………………… II. 11 b. Government Banks ……………………………………………………………………………… II. 12 c. Foreign Bank Branches …………………………………………………………………………. II. 13 d. Foreign Bank Subsidiaries ………………………………………………………………………. II. 14 b. Thrift Banks …………………………………………………………………………………………………….. II. 15 c. Rural and Cooperative Banks …………………………………………………………………………….. II. 16 3. Published Balance Sheet (as of 31 December 2014) Universal, Commercial and Thrift Banks ………………………...…………………………………………… .. II. 17 a. Universal and Commercial Banks ………………………………………………………………………… II. 19 b. Thrift Banks …………………………………………………………………………………………………….. II. 43 4. Income Statement (2010 – 2014) The Philippine Banking System ………………. ………………………………………………………………… II. 79 a. Universal and Commercial Banks ………………………………………………………………………... II. 80 i. Classified by Nature of Operations a. Universal Banks …………………………………………………………………………………... II. 81 b. Commercial Banks ……………………………………………………………………………… II. 82 ii. Classified by Ownership a. Private Domestic Banks ………………………………………………………………………... II. 83 b. Government Banks ……………………………………………………………………………... II. 84 c. Foreign Bank Branches ………………………………………………………………………… II. 85 d. Foreign Bank Subsidiaries ……………………………………………………………………… II. 86 b. Thrift Banks ……………………………………………………………………………………………………. II. 87 c. Rural and Cooperative Banks …………………………………………………………………………….. II. 88 5. Summary Report on Compliance with Agri-Agra Reform Credit (2009 – 2014) The Philippine Banking Sy stem ………………. ………………………………………………………………… II. 89 a. Universal and Commercial Banks ………………………………………………………………………... II. 90 b. Thrift Banks ……………………………………………………………………………………………………. II. 91 c. Rural and Cooperative Banks …………………………………………………………………………… .. II. 92 TABLE OF CONTENTS (2014 Fact Book – Vol. 1) 6. Summary Report on Compliance with Small and Medium Enterprise Credit (2010-2014) The Philippine Banking System ………………..………………………………………………………………… II. 93 a. Universal and Commercial Banks ... ……………………………………………………………………... II. 94 b. Thrift Banks ……………………………………………………………………………………………………. II. 95 c. Rural and Cooperative Banks ……………………………………………………………………………. II. 96 7. Philippine Foreign Currency Deposit System Balance Sheet (2010-2014) The Philippine Banking System ………………..………………………………………………………………… II. 97 a. Universal and Commercial Banks ………………………………………………………………………... II. 98 b. Thrift Banks …………………………………………………………………………………………………….. II. 99 8. Trust and Fund Management Operations (2012-2014) The Philippine Banking System ………………...……………………………….……………………………….. II. 100 a. Universal and Commercial Banks ………………………………………………………………………... II. 101 b. Thrift Banks …………………………………………………………………………………………………….. II. 102 Part III. Directory of the Philippine Banking System 1. Directory of Head Offices of the Banking System (as of December 31, 2014) 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, 2014) …………………. III. 21 3. Offshore Banking Units (as of December 31, 2014) ………………………………………………………… III. 19 4. Banking Industry Associations (as of December 31, 2014) ………………………………………………… 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 10,361 648 9,667 46 Increase/(Decrease) 2014 2013 Amount Percent (%) B. Balance Sheet Accounts (in P Billion) Total Assets 11,169 9,971 1,198 12.02 Cash and Due from banks 2,479 2,553 (74) (2.91) Financial Assets, gross (net of amortization) 2,273 2,007 266 13.26 Accumulated Market Gains/Losses 18 (9) 28 (296.44) Allowance for Credit Losses 24 26 (1) (5.13) Financial Assets, net 2,267 1,971 295 14.98 Loans, gross 2/ 5,832 4,897 935 19.10 Allowance for probable losses 162 161 1 0.43 Loans, net (inclusive of Interbank Loans) 5,671 4,736 935 19.74 Equity Investments, gross 204 182 21 11.70 Allowance for probable losses 2 2 0 25.43 Equity Investments, net 201 181 21 11.57 Real and Other Properties Acquired, net 97 110 (13) (11.48) Other assets 454 420 34 8.15 Total Liabilities and Capital Accounts 11,169 9,971 1,198 12.02 Total Liabilities 9,803 8,845 958 10.83 Financial Liabilities Held for Trading 56 41 15 37.76 Financial Liabilities Designated at Fair Value through Profit or Loss 0 0 0 Deposit Liabilities 8,525 7,609 916 12.03 Bills Payable 518 502 15 3.04 Special Financing 0 0 (0) (47.41) Unsecured Subordinated Debt 110 63 47 74.97 Redeemable Preferred Shares 1 0 1 192.38 Other liabilities 593 630 (36) (5.77) Capital Accounts 1,366 1,126 240 21.36 Capital Stock 611 542 68 12.60 Assigned Capital 60 27 33 121.37 Net Due to Head Office 140 95 45 46.92 Other Equity Instruments 28 28 0 1.00 Deposit for Stock Subscription 2 2 (0) (16.95) Retained Earnings & Undivided Profits 3/ 525 431 94 21.79 C. Income Statement Accounts (in P Billion) Net Profit or Loss 136 145 (9) (6.28) Total Operating Income 467 450 17 3.78 Net Interest Income 321 275 46 16.90 Interest Income 412 367 45 12.27 Less: Interest Expense 90 91 (2) (1.71) Provision for Losses on Accrued Interest 0 0 0 28.98 Income from Financial Assets Non Interest Expense 293 275 18 6.67 Losses/Recoveries on Financial Assets (26) (29) 3 (11.82) Net Profit Before Share in the Profit/(Loss) of 149 147 2 1.32 Unconsolidated Subsidiaries, Associates and Joint Ventures Accounted for Using the Equity Method Share in the Profit/(Loss) of Unconsolidated Subsidiaries, 17 27 (10) (37.85) Associates and Joint Ventures Accounted for Using the Equity Method Total Profit/Loss Before Tax and Before Minority Interest 165 173 (8) (4.69) Income Tax Expense 29 29 1 3.33 Total Profit/Loss After Tax and Before Minority Interest 136 145 (9) (6.28) D. Selected Ratios (%) Return on Average Assets 1.28 1.61 Return on Average Equity 10.88 13.29 1/ Excluding Offshore Banking Units and Representative Offices of Foreign Banks 2/ Inclusive of unamortized discount/premium and 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 I.1 Part II Industry Profile of the Philippine Banking System Table 1.a NUMBER OF OFFICES BY TYPE OF BANK GROUP 2005 - 2014 Type of Bank 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 Banking System 7,708 7,900 8,070 8,448 8,620 8,877 9,050 9,410 9,935 10,361 Head Offices 879 862 847 818 785 758 726 696 673 648 Branches/ Other Offices 6,829 7,038 7,223 7,630 7,835 8,119 8,324 8,714 9,262 9,713 I. Universal and Commercial Banks 4,347 4,347 4,311 4,447 4,520 4,681 4,857 5,145 5,461 5,833 Head Offices 41 39 38 38 38 38 38 37 36 36 Branches/ Other Offices 4,306 4,308 4,273 4,409 4,482 4,643 4,819 5,108 5,425 5,797 A. Universal Banks 3,712 3,840 3,834 3,952 4,009 4,121 4,207 4,622 5,010 5,336 Head Offices 17 17 17 17 18 19 20 21 21 21 Branches/ Other Offices 3,695 3,823 3,817 3,935 3,991 4,102 4,187 4,601 4,989 5,315 Private Domestic Banks 3,277 3,406 3,395 3,512 3,569 3,674 3,743 4,147 4,523 4,827 Head Offices 11 11 11 11 11 11 11 12 12 12 Branches/ Other Offices 3,266 3,395 3,384 3,501 3,558 3,663 3,732 4,135 4,511 4,815 Foreign Bank Branches 12 12 15 15 16 17 17 17 17 17 Head Offices 3333456666 Branches/ Other Offices 9 9 12 12 12 12 11 11 11 11 Government Banks 423 422 424 425 424 430 447 458 470 492 Head Offices 3333333333 Branches/ Other Offices 420 419 421 422 421 427 444 455 467 489 B . Commercial Banks 635 507 477 495 511 560 650 523 451 497 Head Offices 24 22 21 21 20 19 18 16 15 15 Branches/ Other Offices 611 485 456 474 491 541 632 507 436 482 Private Domestic Banks 487 424 391 410 427 472 561 432 337 373 Head Offices 9877788655 Branches/ Other Offices 478 416 384 403 420 464 553 426 332 368 Foreign Bank Subsidiaries 132 67 70 69 69 74 76 78 100 103 Head Offices 4333322222 Branches/ Other Offices 128 64 67 66 66 72 74 76 98 101 Foreign Bank Branches 16 16 16 16 15 14 13 13 14 21 Head Offices 11 11 11 11 10 9 8 8 8 8 Branches/ Other Offices 5 5 5 5 5 5 5 5 613 II. Thrift Banks 1,293 1,323 1,345 1,327 1,333 1,418 1,491 1,619 1,828 1,920 Head Offices 84 84 82 77 73 73 71 70 71 69 Branches/ Other Offices 1,209 1,239 1,263 1,250 1,260 1,345 1,420 1,549 1,757 1,851 III. Rural and Cooperative Banks 2,068 2,230 2,414 2,674 2,767 2,778 2,702 2,646 2,646 2,608 Head Offices 754 739 727 703 674 647 617 589 566 543 Branches/ Other Offices 1,314 1,491 1,687 1,971 2,093 2,131 2,085 2,057 2,080 2,065 Source: Supervisory Data Center, Supervision and Examination Sector II.
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