Types of Philippine Banks Closed Down from 2000 to 2017

Which bank will be the first one to be closed down by the BSP in 2018?

Or will 2018 be a rare year? With no bank failing this year.

Let’s look back and see which year saw the most number of banks that failed:

NUMBER OF CLOSED BANKS by YEAR

 

YEAR RURAL COOPERATIVE THRIFT COMMERCIAL TOTAL
BANKS BANKS BANKS UNIVERSAL
2017 6 1 7
2016 20 3* 23
2015 14 14
2014 13 1 1 15
2013 17 1 18
2012 22 1 1 24
2011 25 4 29
2010 21 3 1 25
2009 27 2 2 31
2008 22 2 2 24
2007 15 2 17
2006 10 1 11
2005 8 2 10
2004 2 2 4
2003 7 2 9
2002 9 1 2 12
2001 15 4 19
2000 19 3 1 23
1999

*One thrift bank was not closed down. It voluntarily surrendered its thrift banking license.

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