Type of Bank | No. |
Universal Banks | 18 |
Domestic | 12 |
Foreign Branches | 3 |
Government Banks | 3 |
Commercial Banks | 24 |
Domestic | 9 |
Foreign Bank Subsidiaries | 4 |
Foreign Branches | 11 |
Thrifts (Savings Banks) | 89 |
Rural Banks | 721 |
Cooperative Banks | 44 |
Quasi-Banks | 11 |
Total Banking Institutions | 907 |
The Bangko Sentral has declared an indefinite moratorium on the establishment of new banks in the Philippines effective August 16, 1999.
Type of Bank | ALL BANKS | % SHARE | Growth Rates | |||||||
June'03 | Mar'04 | June'04 | June'03 | Mar'04 | June'04 | QoQ | YoY | |||
PHP, Billions | ||||||||||
A. UNIVERSAL AND COMMERCIAL BANKS | 3,187.9 |
3,423.0 |
3,489.4 |
90.3 |
90.2 |
90.1 |
1.9 |
9.5 |
||
1. Universal Banks | 2,583.1 |
2,798.0 |
2,840.8 |
73.2 |
73.7 |
73.3 |
1.5 |
10.0 |
||
a. Private Domestic | 2,039.1 |
2,142.2 |
2,187.9 |
57.8 |
56.4 |
56.5 |
2.1 |
7.3 |
||
b. Government Banks | 421.7 |
440.1 |
440.7 |
11.9 |
11.6 |
11.4 |
0.1 |
4.5 |
||
c. Foreign Banks | 122.4 |
215.7 |
212.2 |
3.5 |
5.7 |
5.5 |
(1.6) |
73.4 |
||
2. Commercial Banks | 604.8 |
625.0 |
648.6 |
17.1 |
16.5 |
16.7 |
3.8 |
7.2 |
||
a. Private Domestic | 244.5 |
277.7 |
287.2 |
6.9 |
7.3 |
7.4 |
3.4 |
17.5 |
||
b. Foreign | 360.4 |
347.3 |
361.4 |
10.2 |
9.1 |
9.3 |
4.0 |
0.3 |
||
B. THRIFT BANKS | 257.0 |
280.1 |
288.9 |
7.3 |
7.4 |
7.5 |
3.1 |
12.4 |
||
C. RURAL AND COOPERATIVE BANKS | 84.9 |
93.1 |
95.1 |
2.4 |
2.5 |
2.5 |
2.1 |
12.1 |
||
1. Rural Banks | 79.3 |
87.3 |
89.1 |
2.2 |
2.3 |
2.3 |
2.0 |
12.3 |
||
2. Cooperative Banks | 5.6 |
5.8 |
6.0 |
0.2 |
0.2 |
0.2 |
3.7 |
8.3 |
||
ALL BANKS | 3,529.8 |
3,796.3 |
3,873.3 |
100.0 |
100.0 |
100.0 |
2.0 |
9.7 |
||
Domestic | 3,042.2 |
3,225.9 |
3,291.6 |
86.2 |
85.0 |
85.0 |
2.0 |
8.2 |
||
Foreign | 487.6 |
570.3 |
581.8 |
13.8 |
15.0 |
15.0 |
2.0 |
19.3 |