Research and Markets: The Philippines Commercial Banking Report Provides Independent...

Thu Jul 3, 2008 8:02pm EDT

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Research and Markets: The Philippines Commercial Banking Report Provides Independent Forecasts and Competitive Intelligence on Philippines' Commercial Banking Industry

DUBLIN, Ireland--(Business Wire)--
Research and Markets
(http://www.researchandmarkets.com/research/7c19ef/philippines_commer)
has announced the addition of the "Philippines Commercial Banking
Report Q2 2008" report to their offering.

In absolute terms, the Philippines' banking sector grew little
through the year to June 30 2007. In local currency terms, total
assets, total loans and total deposits increased by 10%, 8% and 14%
respectively. The loan/deposit and loan/asset ratio's fell, while the
loan/GDP ratio rose. Of the 59 countries surveyed the Philippines
ranks 49th in terms of local currency asset growth, 55th in terms of
local currency loan growth and 38th in terms of local currency deposit
growth. All three of these rankings are relatively low. The
Philippines' rankings in terms of its loan/deposit, loan/asset and
loan/GDP ratios are 52nd, 44th and 44th, respectively. In a country
with per capita GDP of just US$1,640, deposits per capita are as high
as US$1,017.

In Q108, we envisaged that total assets, total loans and total
deposits would rise by 8%, 2% and 8% annually through the 2007-2012
forecast period. Now, and using an improved forecasting method, we are
looking for slightly higher growth rates of 10%, 10% and 12%
respectively. Since Q108, we have calculated, on a consistent basis, a
Commercial Bank Business Environment Rating (CBBER) for each of the 59
countries surveyed. The CBBER includes an assessment of the limits of
potential returns: it does this by taking into account the size,
growth potential and bancassurance potential of the banking sector, as
well as aspects of the economy in 2007. The CBBER also depends on an
assessment of the risks to the realisation of potential returns: this
reflects BMI's assessments of overall country risk, together with the
regulatory and competitive environment.

The Philippines' CBBER is 49.1. In the context of Asia Pacific,
this means that the Philippines is not an attractive country; its
CBBERs is the third lowest after Bangladesh and Sri Lanka. The ratings
score for the market structure - the most important component of the
assessment of the limits to potential returns - is just 41.3; in the
region, only Bangladesh has a lower rating.

Key Topics Covered:

Executive Summary

Key Issues

International Context

Per-Capita Deposits

Macroeconomic Trends And Developments

Industry Forecast Sce

Comment On Developments In 2007

Banks' Bond Portfolios

Competitive Landscape And Protagonists

For more information visit
http://www.researchandmarkets.com/research/7c19ef/philippines_commer

Research and Markets
Laura Wood, Senior Manager
Fax from USA: 646-607-1907
Fax from rest of the world: +353-1-481-1716
press@researchandmarkets.com