Philippine Banking System - Bangko Sentral Ng Pilipinas · Status Report on the Philippine Financial System Second Semester 2011 Oce of Supervisory Policy Development, Supervision

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Philippine Banking System

Overview

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Status Report on the Philippine Financial System

Second Semester 2011

9O�ce of Supervisory Policy Development, Supervision and Examination Sector

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Selected Contingent Accounts

Trade-Related Contingent Accounts

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Bank Guarantees

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Commitments

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Derivatives

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Most of bank guarantees were accounted for by universal

and commercial banks which continued to hold

the lion’s share of bank guarantees


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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

As of end-December 2011,bank commitments declined by 12.6 percent (P107.1 billion) to P741.6 billion from

last year’s P848.8 billion as the industry tightened credit standards on

corporate lendings


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Documents

Philippine Banking System - Bangko Sentral Ng Pilipinas · Status Report on the Philippine Financial System Second Semester 2011 Oce of Supervisory Policy Development, Supervision