Financial Supervision Sector Department of Supervisory Analytics FFAACCTTBBOOOOKK The Philippine Banking Sys em 2018 VOLUME I TABLE OF CONTENTS (2018 Fact Book – Volume 1) Part I. Highlights on the Philippine Banking System ………………………………………………………………………. I. 1 Part II. Ind stry Profile of the Philippine Banking System 1. Physical Network a. Num er of Offices y Type of Bank Group (2009 – 2018) …………………………………………… II. 1 . Num er of Offices y Type and Location (as of 31 Decem er 2018) ……………………………. II. 2 c. Num er of ,utomated Teller -achines (2009 – 2018) ………………………………………………. II. d. Chan0es in the Philippine Bankin0 Network (for the year 2018) …………………………………… II. 1 2. Balance 2heet (2013 – 2018) The Philippine Bankin0 2ystem ……………….…………………………………………………………………. II. 7 a. 5niversal and Commercial Banks ………………………………………………………………………... II. 8 i. Classified y Nature of Operation a. 5niversal Banks …………………………………………………………………………………… II. 9 . Commercial Banks ……………………………………………………………………………… II. 10 ii. Classified y Ownership a. Private Domestic Banks ………………………………………………………………………… II. 11 . Government Banks ……………………………………………………………………………… II. 12 c. Forei0n Bank Branches …………………………………………………………………………. II. 13 d. Forei0n Bank 2u sidiaries ………………………………………………………………………. II. 13 . Thrift Banks …………………………………………………………………………………………………….. II. 1. c. Rural and Cooperative Banks …………………………………………………………………………….. II. 11 3. Pu lished Balance 2heet (as of 31 Decem er 2018) 5niversal, Commercial and Thrift Banks ………………………...…………………………………………….. II. 17 a. 5niversal and Commercial Banks ………………………………………………………………………… II. 19 . Thrift Banks …………………………………………………………………………………………………….. II. 39 3. Income 2tatement (2013 – 2018) The Philippine Bankin0 2ystem ………………. ………………………………………………………………… II. 77 a. 5niversal and Commercial Banks ………………………………………………………………………... II. 78 i. Classified y Nature of Operations a. 5niversal Banks …………………………………………………………………………………... II. 79 . Commercial Banks ……………………………………………………………………………… II. 80 ii. Classified y Ownership a. Private Domestic Banks ………………………………………………………………………... II. 81 . Government Banks ……………………………………………………………………………... II. 82 c. Forei0n Bank Branches ………………………………………………………………………… II. 83 d. Forei0n Bank 2u sidiaries ……………………………………………………………………… II. 83 . Thrift Banks ……………………………………………………………………………………………………. II. 8. c. Rural and Cooperative Banks …………………………………………………………………………….. II. 81 .. 2ummary Report on Compliance with ,0ri9,0ra Reform Credit (2013 – 2018) The Philippine Bankin0 2ystem ………………. ………………………………………………………………… II. 87 a. 5niversal and Commercial Banks ………………………………………………………………………... II. 88 . Thrift Banks ……………………………………………………………………………………………………. II. 89 c. Rural and Cooperative Banks …………………………………………………………………………….. II. 90 TABLE OF CONTENTS (2018 Fact Book – Vol. 1) 1. 2ummary Report on Compliance with 2mall and -edium Enterprise Credit (201392018) The Philippine Bankin0 2ystem ………………..………………………………………………………………… II. 91 a. 5niversal and Commercial Banks ...……………………………………………………………………... II. 92 . Thrift Banks ……………………………………………………………………………………………………. II. 93 c. Rural and Cooperative Banks ……………………………………………………………………………. II. 93 7. Philippine Forei0n Currency Deposit 2ystem Balance 2heet (201392018) The Philippine Bankin0 2ystem ………………..………………………………………………………………… II. 9. a. 5niversal and Commercial Banks ………………………………………………………………………... II. 91 . Thrift Banks …………………………………………………………………………………………………….. II. 97 8. Trust and Fund -ana0ement Operations (201192018) The Philippine Bankin0 2ystem ………………...……………………………….……………………………….. II. 98 a. 5niversal and Commercial Banks ………………………………………………………………………... II. 99 . Thrift Banks …………………………………………………………………………………………………….. II. 100 Part III. Directory of the Philippine Banking System 1. Directory of Head Offices of the Bankin0 2ystem (as of Decem er 31, 2018) a. 5niversal and Commercial Banks …………………….………………………………………………….. III. 1 . Thrift Banks …….…………………………………….………………………………………………………… III. 2 c. Rural and Cooperative Banks …………………………..………………………………………………… III. 3 2. Overseas Offices of 5niversal and Commercial Banks (as of Decem er 31, 2018) …………………. III. 20 3. Offshore Bankin0 5nits (as of Decem er 31, 2018) ………………………………………………………… III. 22 3. Bankin0 Industry ,ssociations (as of Decem er 31, 2018) ………………………………………………… III. 23 Part I Highlights on the Philippine Banking System HIGHLIGH1S ON 1HE PHILIPPINE BANKING SYSTEM Domestic Offices Overseas Offices 1otal of Philippine Head Offices Other Offices Banks 1/ A. Number of Banking Offices 12,364 571 11,745 48 Increase/(Decrease) 2018 2017 Amount Percent (%) B. Balance Sheet Accounts (in P Billion) 1otal Assets 16,916 15,166 1,750 11.54 Cash and Due from anks 2,605 2,713 (108) (3.99) Financial Assets, gross (net of amortization) 3,464 2,915 550 18.86 Accumulated Market Gains/Losses (12) (10) (2) 24.76 Allowance for Credit Losses 18 24 (6) (25.03) Financial Assets, net 3,434 2,881 553 19.20 Loans, gross 2/ 10,078 8,866 1,212 13.67 Allowance for probable losses 187 184 3 1.56 Loans, net (inclusive of Inter ank Loans) 9,891 8,681 1,209 13.93 E,uity .nvestments, gross 298 254 44 17.38 Allowance for probable losses 1 1 (0) (21.11) Equity Investments, net 297 254 43 17.13 .eal and Other Properties Ac,uired, net 97 92 4 4.84 Other assets 592 544 48 8.78 1otal Lia ilities and Capital Accounts 16,916 15,166 1,750 11.54 1otal Lia ilities 14,848 13,409 1,439 10.73 Financial Liabilities 0eld for 1rading 40 33 7 22.80 Financial Liabilities 2esignated at Fair 3alue through 5rofit or Loss 0 0 0 2eposit Liabilities 12,764 11,727 1,037 8.84 6ills 5ayable 936 787 149 18.90 Special Financing 0 0 (0) (87.61) 8nsecured Subordinated 2ebt 87 87 (0) (0.06) Redeemable 5referred Shares 1 1 (0) (0.92) Other liabilities 1,893 775 1,119 144.38 Capital Accounts 2,068 1,757 311 17.72 Capital Stock 964 811 153 18.93 Assigned Capital 112 90 22 24.65 Other E,uity .nstruments 12 12 0 0.00 Retained Earnings ; 8ndivided 5rofits 3/ 941 799 142 17.82 Accumulated Earnings 39 46 (7) (14.40) C. Income Statement Accounts (in P Billion) Net Profit or Loss 180 168 12 6.93 1otal Operating Income 668 591 77 13.09 Net Interest Income 516 447 68 15.24 .nterest .ncome 708 575 133 23.21 Less: .nterest Expense 191 127 64 50.61 5rovision for Losses on Accrued .nterest 1 0 1 254.98 .ncome from Financial Assets Non Interest Expense 432 378 54 14.31 Losses/Recoveries on Financial Assets (32) (34) 2 (5.39) Net Profit Before Share in the Profit/(Loss) of 204 179 25 13.98 6nconsolidated Su sidiaries, Associates and Joint 8entures Accounted for 6sing the Equity 4ethod Share in the 5rofit/(Loss) of 8nconsolidated Subsidiaries, 23 28 (5) (19.28) Associates and Joint 3entures Accounted for 8sing the E,uity Metho 1otal Profit/Loss Before 1ax and Before 4inority Interest 226 207 20 9.49 .ncome 1ax Expense 47 39 8 20.63 1otal Profit/Loss After 1ax and Before 4inority Interest 180 168 12 6.93 D. Selected .atios (%) Return on Average Assets 1.12 1.17 Return on Average E,uity 9.40 10.17 1/ Excluding Offshore 6anking 8nits and Representative Offices of Foreign 6anks 2/ Inclusive of unamortized discount/premium and net of amortization 3/ Inclusive of Other Comprehensive Income, Appraisal Increment Reserve, Stock 2ividend 2istributable ; 2eposit for Stock Subscription 2etails may not add up to totals due to rounding-off Source: Department of Supervisory Analytics, Financial Supervision Sector ..1 Part II Industry Profile of the Philippine Banking System Table 1.a NUMBER OF OFFICES BY TYPE OF B NK GROUP 2009 - 2018 Type of Ban( 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Banking System 8,620 8,877 9,050 9,410 9,935 10,361 10,756 11,178 11,793 12,364 Head Offices 785 758 726 696 673 648 632 602 587 571 Branches/ Other Offices 7,835 8,119 8,324 8,714 9,262 9,713 10,124 10,576 11,206 11,793 I. Universal and Commercial Banks 4,520 4,681 4,857 5,145 5,461 5,833 6,060 6,237 6,483 6,642 Head Offices 38 38 38 37 36 36 40 42 43 45 Branches/ Other Offices 4,482 4,643 4,819 5,108 5,425 5,797 6,020 6,195 6,440 6,597 . Universal Banks 4,009 4,121 4,207 4,622 5,010 5,336 5,540 5,709 5,935 6,080 Head Offices 18 19 20 21 21 21 21 21 21 21 Branches/ Other Offices 3,991 4,102 4,187 4,601 4,989 5,315 5,519 5,688 5,914 6,059 Private 2omestic Banks 3,569 3,674 3,743 4,147 4,523 4,827 5,001 5,138 5,331 5,463 Head Offices 11 11 11 12 12 12 12 12 12 12 Branches/ Other Offices 3,558 3,663 3,732 4,135 4,511 4,815 4,989 5,126 5,319 5,451 Foreign Bank Branches 16 17 17 17 17 17 15 12 12 12 Head Offices 4 5 6 6 6 6 6 6 6 6 Branches/ Other Offices 12 12 11 11 11 11 9 6 6 6 Government Banks 424 430 447 458 470 492 524 559 592 605 Head Offices 3 3 3 3 3 3 3 3 3 3 Branches/ Other Offices 421 427 444 455 467 489 521 556 589 602 B . Commercial Banks 511 560 650 523 451 497 520 528 548 562 Head Offices 20 19 18 16 15 15 19 21 22 24 Branches/ Other Offices 491 541 632 507 436 482 501 507 526 538 Private 2omestic Banks 427 472 561 432 337 373 399 407 423 442 Head Offices 7 8 8 6 5 5 5 5 5 5 Branches/ Other Offices 420 464 553 426 332 368 394 402 418 437 Foreign Bank Subsidiaries 69 74 76 78 100 103 103 104 105 99 Head Offices 3 2 2 2 2 2 2 2 2 2 Branches/ Other Offices 66 72 74 76 98 101 101 102 103 97 Foreign Bank Branches 15 14 13 13 14 21 18 17 20 21 Head Offices 10 9 8 8 8 8 12 14 15 17 Branches/ Other Offices 5 5 5 5 6 13 6 3 5 4 II. Thrift Banks 1,333 1,418 1,491 1,619 1,828 1,920 2,086 2,176 2,417 2,657 Head Offices 73 73 71 70 71 69 68 60 55 54 Branches/ Other Offices 1,260 1,345 1,420 1,549 1,757 1,851 2,018 2,116 2,362 2,603 III.