Philippine Banking System: H+F1A-/12C 2D-I2 F6

Philippine Banking System
Overview
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Status Report on the Philippine Financial System

Second Semester 2011
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22

Selected Contingent
Accounts
Trade-Related Contingent
Accounts
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Most of bank guarantees

were accounted for by universal
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which continued to hold
the lions share
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23
Universal and Commercial Banks

Overview
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Bank Guarantees
U'(" /(()" ;.%" %+-W" 1%.&(3H./" +/-&%$2(/&-" -$3'" *-"
>*/W" F$*%*/&((-" %.-(" )$%+/F" 89::" ./" &'(" >*3W" .;"
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F$*%*/&((-" )$%+/F" &'(" <(*%V" 1%+G*&(" ).2(-H3"
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&.&*,">*/W"F$*%*/&((-"*&"MNE "1(%3(/&"-'*%("@$1";%.2"
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The need for risk protection

instruments such as
bank guarantees
rose during 2011 on the back
of prevailing uncertainties
in market transactions
Y.-&".;"&'("$-(%-".;"&'("+/)$-&%<Z-">*/W"F$*%*/&((-"
D(%("%(-+)(/&-"*33.$/H/F";.%"O!E9"1(%3(/&".%"6:9MEP"
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%(-+)(/&-E
Bank Commitments
]-" .;" (/)[^(3(2>(%" 89::V" >*/W" 3.22+&2(/&-"
)(3,+/()" ><" :8EM" 1(%3(/&" @6:9NE:" >+,,+./L" &." 6N :EM"
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As of end-December 2011,bank
;%.2" XOE8" 1(%3(/&" @6XME9" >+,,+./L" ,*-&" <(*%E" U'("
commitments
declined by 12.6 percent
%(2*+/+/F" :9E:" 1(%3(/&" .%" 6::EP" >+,,+./" @;%.2" :9EX"
(P107.1
billion)
to P741.6 billion from
1(%3(/&" .%" 6:9E!" >+,,+./L" 3./-+-&()" .;" .$&-&*/)+/F"
last years P848.8 billion as the industry
F$*%*/&((-"+--$()E
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tightened credit standards on

corporate lendings
41
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Derivatives
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42

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Philippine Banking System

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