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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)-July 4, 2008 - 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
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