Financial Supervision Sector Supervisory Data Center FFAACCTTBBOOOOKK The Philippine Banking System 2017 VOLUME I TABLE OF CONTENTS (2017 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 (2008 – 2017) …………………………………………… II. 1 b. Number of Offices by Type and Location (as of 31 December 2017) ……………………………. II. 2 c. Number of Automated Teller Machines (2008 – 2017) ………………………………………………. II. 4 d. Changes in the Philippine Banking Network (for the year 2017) …………………………………… II. 5 2. Balance Sheet (2013 – 2017) 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 2017) Universal, Commercial and Thrift Banks ………………………...…………………………………………… .. II. 16 a. Universal and Commercial Banks ………………………………………………………………………… II. 18 b. Thrift Banks …………………………………………………………………………………………………….. II. 48 4. Income Statement (2013 – 2017) The Philippine Banking System ………………. ………………………………………………………………… II. 76 a. Universal and Commercial Banks ………………………………………………………………………... II. 77 i. Classified by Nature of Operations a. Universal Banks …………………………………………………………………………………... II. 78 b. Commercial Banks ……………………………………………………………………………… II. 79 ii. Classified by Ownership a. Private Domestic Banks ………………………………………………………………………... II. 80 b. Government Banks ……………………………………………………………………………... II. 81 c. Foreign Bank Branches ………………………………………………………………………… II. 82 d. Foreign Bank Subsidiaries ……………………………………………………………………… II. 83 b. Thrift Banks ……………………………………………………………………………………………………. II. 84 c. Rural and Cooperative Banks …………………………………………………………………………….. II. 85 5. Summary Report on Compliance with Agri-Agra Reform Credit (2013 – 2017) The Philippine Banking Sy stem ………………. ………………………………………………………………… II. 86 a. Universal and Commercial Banks ………………………………………………………………………... II. 87 b. Thrift Banks ……………………………………………………………………………………………………. II. 88 c. Rural and Cooperative Banks …………………………………………………………………………… .. II. 89 TABLE OF CONTENTS (2017 Fact Book – Vol. 1) 6. Summary Report on Compliance with Small and Medium Enterprise Credit (2013-2017) The Philippine Banking System ………………..………………………………………………………………… II. 90 a. Universal and Commercial Banks ... ……………………………………………………………………... II. 91 b. Thrift Banks ……………………………………………………………………………………………………. II. 92 c. Rural and Cooperative Banks ……………………………………………………………………………. II. 93 7. Philippine Foreign Currency Deposit System Balance Sheet (2013-2017) The Philippine Banking System ………………..………………………………………………………………… II. 94 a. Universal and Commercial Banks ………………………………………………………………………... II. 95 b. Thrift Banks …………………………………………………………………………………………………….. II. 96 8. Trust and Fund Management Operations (2015-2017) The Philippine Banking System ………………...……………………………….……………………………….. II. 97 a. Universal and Commercial Banks ………………………………………………………………………... II. 98 b. Thrift Banks …………………………………………………………………………………………………….. II. 99 Part III. Directory of the Philippine Banking System 1. Directory of Head Offices of the Banking System (as of December 31, 2017) a. Universal and Commercial Banks …………………… .………………………………………………….. III. 1 b. Thrift Banks …… .…………………………………….………………………………………………………… III. 2 c. Rural and Cooperative Banks …………………………..………………………………………………… III. 3 2. Overseas Offices of Universal and Commercial Banks (as of December 31, 2017) …………………. III. 20 3. Offshore Banking Units (as of December 31, 2017) ………………………………………………………… III. 22 4. Banking Industry Associations (as of December 31, 2017) ………………………………………………… III. 23 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 11,793 587 11,157 49 Increase/(Decrease) 2017 2016 Amount Percent (%) B. Balance Sheet Accounts (in P Billion) Total Assets 15,166 13,591 1,575 11.59 Cash and Due from banks 2,713 2,766 (52) (1.89) Financial Assets, gross (net of amortization) 2,915 2,595 319 12.30 Accumulated Market Gains/Losses (10) (6) (4) 78.56 Allowance for Credit Losses 24 25 (1) (5.37) Financial Assets, net 2,881 2,565 316 12.33 Loans, gross 2/ 8,866 7,612 1,253 16.47 Allowance for probable losses 184 173 11 6.61 Loans, net (inclusive of Interbank Loans) 8,681 7,439 1,242 16.70 Equity Investments, gross 254 241 13 5.39 Allowance for probable losses 1 2 (1) (50.00) Equity Investments, net 254 239 14 6.02 Real and Other Properties Acquired, net 92 91 1 0.93 Other assets 544 490 54 10.94 Total Liabilities and Capital Accounts 15,166 13,591 1,575 11.59 Total Liabilities 13,409 12,043 1,366 11.34 Financial Liabilities Held for Trading 33 36 (4) (9.88) Financial Liabilities Designated at Fair Value through Profit or Loss 0 0 0 Deposit Liabilities 11,727 10,507 1,220 11.62 Bills Payable 787 704 83 11.84 Special Financing 0 67 (67) (99.92) Unsecured Subordinated Debt 87 90 (3) (3.01) Redeemable Preferred Shares 1 1 0 2.71 Other liabilities 775 705 70 9.89 Capital Accounts 1,757 1,548 209 13.48 Capital Stock 811 724 87 11.99 Assigned Capital 90 88 2 2.39 Other Equity Instruments 12 12 (0) (0.05) Deposit for Stock Subscription 4 2 2 153.19 Retained Earnings & Undivided Profits 3/ 797 683 114 16.69 Accumulated Earnings 42 46 (4) (9.13) C. Income Statement Accounts (in P Billion) Net Profit or Loss 168 154 14 8.92 Total Operating Income 591 535 56 10.42 Net Interest Income 447 386 61 15.92 Interest Income 575 498 77 15.37 Less: Interest Expense 127 112 15 13.42 Provision for Losses on Accrued Interest 0 0 0 47.14 Income from Financial Assets Non Interest Expense 378 341 37 10.80 Losses/Recoveries on Financial Assets (34) (30) (4) 12.35 Net Profit Before Share in the Profit/(Loss) of 179 164 15 9.27 Unconsolidated Subsidiaries, Associates and Joint Ventures Accounted for Using the Equity Method Share in the Profit/(Loss) of Unconsolidated Subsidiaries, 28 22 6 24.81 Associates and Joint Ventures Accounted for Using the Equity Method Total Profit/Loss Before Tax and Before Minority Interest 207 186 21 11.14 Income Tax Expense 39 32 7 21.92 Total Profit/Loss After Tax and Before Minority Interest 168 154 14 8.92 D. Selected Ratios (%) Return on Average Assets 1 1 Return on Average Equity 10 10 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, Stock Dividend Distributable & Deposit for Stock Subscription Details may not add up to totals due to rounding-off Source: Supervisory Data Center, Financial Supervision Sector I.1 Part II Industry Profile of the Philippine Banking System Table 1.a NUMBER OF OFFICES BY TYPE OF BANK GROUP 2008 - 2017 Type of Bank 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 Banking System 8,448 8,620 8,877 9,050 9,410 9,935 10,361 10,756 11,178 11,793 Head Offices 818 785 758 726 696 673 648 632 602 587 Branches/ Other Offices 7,630 7,835 8,119 8,324 8,714 9,262 9,713 10,124 10,576 11,206 I. Universal and Commercial Banks 4,447 4,520 4,681 4,857 5,145 5,461 5,833 6,060 6,237 6,483 Head Offices 38 38 38 38 37 36 36 40 42 43 Branches/ Other Offices 4,409 4,482 4,643 4,819 5,108 5,425 5,797 6,020 6,195 6,440 A. Universal Banks 3,952 4,009 4,121 4,207 4,622 5,010 5,336 5,540 5,709 5,935 Head Offices 17 18 19 20 21 21 21 21 21 21 Branches/ Other Offices 3,935 3,991 4,102 4,187 4,601 4,989 5,315 5,519 5,688 5,914 Private Domestic Banks 3,512 3,569 3,674 3,743 4,147 4,523 4,827 5,001 5,138 5,331 Head Offices 11 11 11 11 12 12 12 12 12 12 Branches/ Other Offices 3,501 3,558 3,663 3,732 4,135 4,511 4,815 4,989 5,126 5,319 Foreign Bank Branches 15 16 17 17 17 17 17 15 12 12 Head Offices 3 4 5 6 6 6 6 6 6 6 Branches/ Other Offices 12 12 12 11 11 11 11 9 6 6 Government Banks 425 424 430 447 458 470 492 524 559 592 Head Offices 3 3 3 3 3 3 3 3 3 3 Branches/ Other Offices 422 421 427 444 455 467 489 521 556 589 B . Commercial Banks 495 511 560 650 523 451 497 520 528 548 Head Offices 21 20 19 18 16 15 15 19 21 22 Branches/ Other Offices 474 491 541 632 507 436 482 501 507 526 Private Domestic Banks 410 427 472 561 432 337 373 399 407 423 Head Offices 7 7 8 8 6 5 5 5 5 5 Branches/ Other Offices 403 420 464 553 426 332 368 394 402 418 Foreign Bank Subsidiaries 69 69 74 76 78 100 103 103 104 105 Head Offices 3 3 2 2 2 2 2 2 2 2 Branches/ Other Offices 66 66 72 74 76 98 101 101 102 103 Foreign Bank Branches 16 15 14 13 13 14 21 18 17 20 Head Offices 11 10 9 8 8 8 8 12 14 15 Branches/ Other Offices 5 5 5 5 5 6 13 6 3 5 II. Thrift Banks 1,327 1,333 1,418 1,491 1,619 1,828 1,920 2,086 2,176 2,417 Head Offices 77 73 73 71 70 71 69 68 60 55 Branches/ Other Offices 1,250 1,260 1,345 1,420 1,549 1,757 1,851 2,018 2,116 2,362 III.