Philippine Financial Institutions
FINANCIAL INSTITUTIONS
* Regarded as the suppliers of financial resources. * Enormous capital structure compared to other institutions (Educational and Religious) * Funds that they supply to the different markets do not originate totally from them but some come from the public source. * Their vast activities interlinked with the activities of other business organizations. * They are part of different aspects of the use and need of Financial Resources.
INSTITUTIONS IN THE PHILIPPINE FINANCIAL SYSTEM
(As classified by The Bangko Sentral ng Pilipinas)
I. Bank Financial Institutions II. Non-bank Financial Intermediaries III. Non-bank Thrift Institutions
I. CLASSIFICATION OF BANK FINANCIAL INSTITUTIONS AND THEIR MINIMUM CAPITALIZATION as of January 1, 1995
(Privately owned Institutions)
1. Commercial Banks * A "commercial bank" is what is commonly referred to as simply a "bank." The term "commercial" is used to distinguish it from an "investment bank," * Can supply almost one-half of the total financial resources in the Philippines.
a. Universal commercial bank P2.5 Billion * A universal bank participates in many kinds of banking activities and is both a commercial bank and an investment bank.[1] * full-service financial firms, although there can also be full-service investment banks which provide asset management, trading, and underwriting. * Universal banking can not only manage personal accounts for customers but also underwrite corporate dealings, provide investment services, and act as a stockbroker.
b. Non-universal commercial bank P1.5 Billion
Examples of Universal and Commercial Banks
AL−AMANAH ISLAMIC INV BNK OF THE PH ALLIED BANKING CORP
ANZ BANKING GROUP LTD ASIA UNITED BANK CORPORATION
BANGKOK BANK PUBLIC CO LTD BANK OF AMERICA N.A.
BANK OF CHINA LIMITED−MANILA BRANCH BANK OF COMMERCE
BANK OF THE PHIL ISLANDS BDO PRIVATE BANK, INC.
BDO UNIBANK INC CHINA BANKING CORP
* Regarded as the suppliers of financial resources. * Enormous capital structure compared to other institutions (Educational and Religious) * Funds that they supply to the different markets do not originate totally from them but some come from the public source. * Their vast activities interlinked with the activities of other business organizations. * They are part of different aspects of the use and need of Financial Resources.
INSTITUTIONS IN THE PHILIPPINE FINANCIAL SYSTEM
(As classified by The Bangko Sentral ng Pilipinas)
I. Bank Financial Institutions II. Non-bank Financial Intermediaries III. Non-bank Thrift Institutions
I. CLASSIFICATION OF BANK FINANCIAL INSTITUTIONS AND THEIR MINIMUM CAPITALIZATION as of January 1, 1995
(Privately owned Institutions)
1. Commercial Banks * A "commercial bank" is what is commonly referred to as simply a "bank." The term "commercial" is used to distinguish it from an "investment bank," * Can supply almost one-half of the total financial resources in the Philippines.
a. Universal commercial bank P2.5 Billion * A universal bank participates in many kinds of banking activities and is both a commercial bank and an investment bank.[1] * full-service financial firms, although there can also be full-service investment banks which provide asset management, trading, and underwriting. * Universal banking can not only manage personal accounts for customers but also underwrite corporate dealings, provide investment services, and act as a stockbroker.
b. Non-universal commercial bank P1.5 Billion
Examples of Universal and Commercial Banks
AL−AMANAH ISLAMIC INV BNK OF THE PH ALLIED BANKING CORP
ANZ BANKING GROUP LTD ASIA UNITED BANK CORPORATION
BANGKOK BANK PUBLIC CO LTD BANK OF AMERICA N.A.
BANK OF CHINA LIMITED−MANILA BRANCH BANK OF COMMERCE
BANK OF THE PHIL ISLANDS BDO PRIVATE BANK, INC.
BDO UNIBANK INC CHINA BANKING CORP