10 Biggest Commercial Bank in Phillippines

Name
of Bank

Asset
s

Marke
t
Share

Loans

Marke
t
Share

Depos
its

Marke
t
Share

Capit
al

Marke
t
Share

BDO

1,102.
5
959.3

15.7%

668.7

21.3%

857.2

16.8%

95.5

12.8%

13.7%

459.8

14.7%

682.5

13.4%

111.0

14.9%

835.9
640.3

11.9%
9.1%

445.0
238.3

14.2%
7.6%

682.2
507.3

13.4%
10.0%

85.2
71.8

11.4%
9.6%

350.1
340.8
316.7
269.1

5.0%
4.9%
4.5%
3.8%

166.0
112.9
113.2
85.1

5.3%
3.6%
3.6%
2.7%

256.8
158.6
237.1
206.8

5.0%
3.1%
4.7%
4.1%

42.3
41.8
35.7
39.4

5.7%
5.6%
4.8%
5.3%

266.7

3.8%

111.8

3.6%

142.0

2.8%

8.0

1.1%

263.1

3.7%

149.1

4.8%

216.4

4.2%

36.0

4.8%

7,026.
1

100%

3,136.
7

100.0
%

5,092.
5

100.0
%

745.5

100.0
%

Metrob
ank
BPI
LandBa
nk
RCBC
DBP
PNB
Union
Bank
Citi
Bank
China
Bank
ALL
BANKS

Role of BSP
The BSPs primary objective is to maintain price stability conducive to a balanced
and sustainable economic growth. The BSP also aims to promote and preserve
monetary stability and the convertibility of the national currency.
Responsibilities
The BSP provides policy directions in the areas of money, banking and credit. It
supervises operations of banks and exercises regulatory powers over non-bank
financial institutions with quasi-banking functions.
Under the New Central Bank Act, the BSP performs the following functions, all of
which relate to its status as the Republics central monetary authority.
Liquidity Management.
The BSP formulates and implements monetary policy aimed at influencing money
supply consistent with its primary objective to maintain price stability.
Currency issue.
The BSP has the exclusive power to issue the national currency. All notes and coins
issued by the BSP are fully guaranteed by the Government and are considered legal
tender for all private and public debts.
Lender of last resort.
The BSP extends discounts, loans and advances to banking institutions for liquidity
purposes.
Financial Supervision.
The BSP supervises banks and exercises regulatory powers over non-bank
institutions performing quasi-banking functions.
Management of foreign currency reserves.
The BSP seeks to maintain sufficient international reserves to meet any foreseeable
net demands for foreign currencies in order to preserve the international stability
and convertibility of the Philippine peso.
Determination of exchange rate policy.
The BSP determines the exchange rate policy of the Philippines. Currently, the BSP
adheres to a market-oriented foreign exchange rate policy such that the role of
Bangko Sentral is principally to ensure orderly conditions in the market.
Other activities.

The BSP functions as the banker, financial advisor and official depository of the
Government, its political subdivisions and instrumentalities and government-owned
and -controlled corporations.

Fiscal policy refers to the measures employed by governments to stabilize the

economy, specifically by manipulating the levels and allocations of taxes and
government expenditures. Fiscal measures are frequently used in tandem with
monetary policy to achieve certain goals. In the Philippines, this is characterized by
continuous and increasing levels of debt and budget deficits, though there have
been improvements in the last few years.

The Philippine governments main source of revenue are taxes, with some non-tax
revenue also being collected. To finance fiscal deficit and debt, the Philippines relies
on both domestic and external sources.

Monetary policy is the monitoring and control of money supply by a central bank,
such as the Federal Reserve Board in the United States of America, and the Bangko
Sentral ng Pilipinas in the Philippines. This is used by the government to be able to
control inflation, and stabilize currency. Monetary Policy is considered to be one of
the two ways that the government can influence the economy the other one being
Fiscal Policy (which makes use of government spending, and taxes). Monetary Policy
is generally the process by which the central bank, or government controls the
supply and availability of money, the cost of money, and the rate of interest.

Financial institution is an institution that provides financial services for its clients or
members. Probably the greatest important financial service provided by financial
institutions is acting as financial intermediaries. Most financial institutions are
regulated by the government.
Three major types of financial institutions:
Depositary Institutions: Deposit-taking institutions that accept and manage
deposits and make loans, including banks, building societies, credit unions, trust
companies, and mortgage loan companies
Contractual Institutions: Insurance companies and pension funds; and
Investment Institutions: Investment Banks, underwriters, brokerage firms.