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PDIC and RBAP: Partnering for
Financial Inclusion
in the Digital Age
ROBERTO B. TAN President
Philippine Deposit Insurance Corporation
Levels Levels
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Deposit Insurance Fund
89
142
2013 2017 (June)
(in Billion PHP)
60%
Higher DIF promotes depositor confidence
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5,636
9,907
571
934
136
162
2013 2017 (June)
Deposits in the Banking System
6,343
11,003
(in Billion PHP)
76% KB
64% TB
19% RB
Deposits in banks continue to grow
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Deposit Accounts (in million)
33.0
41.4 5.1
6.6
5.4
7.4
2013 (June) 2017 (June)
29%
37%
26% KB
TB
RB
More depositors save in banks
43.5
55.4
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Number of Banking Units (including Head Office)
5,261
6,102
1,791
2,130
2,132
2,720
2013 2016
9,184
10,952
19%
28%
16% KB
TB
RB
Banks expand their branch network
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Number of Cities/Municipalities with / without banking presence
Source: Financial Inclusion in the Philippines Dashboard (BSP Website)
Despite branch expansion, some areas remained financially excluded
1,030
604
1,428
1,052
582
1,472
0
200
400
600
800
1,000
1,200
1,400
1,600
With banking presence Without banking presence With at least one access point
2013 1Q 2017
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Source: http://www.bsp.gov.ph/downloads/publications/2015/PhilippinesNSFIBooklet.pdf
Regions with low banking presence
• Autonomous Region in Muslim
Mindanao (ARMM)
• Cordillera Administrative Region
(CAR)
• Eastern Visayas
• Zamboanga Peninsula
• Occidental Mindoro,
• Oriental Mindoro
• Marinduque, Romblon, and
Palawan (MIMAROPA)
Reaching out through FinTech
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RB’s distinct advantage
Intimate knowledge of the communities you serve
Here to serve!
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Challenges to RBs
Disruptive
technology
Compliance
pressures
Aggressive
competition
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Opportunities for Partnership
Merge
Digitize
Engage
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Merge
Consolidate for strength and
increased viability
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http://www.pdic.gov.ph
facebook.com/OfficialPDIC twitter.com/OfficialPDIC
Digitize
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PDIC’s Public Assistance Center
a one-stop-shop for the
convenience of depositors,
borrowers and all stakeholders
• depositors filing a claim,
borrowers settling loans, creditors
following up claims against
closed banks
• prospective buyers of assets for
sale.
• Clients use an electronic queuing
system
• Priority lanes for senior citizens
and those requiring special
assistance
Digitize
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Digitize
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Engage
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PDIC’s “status”
17
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THANK YOU!
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PDIC and RBAP: Partnering for
Financial Inclusion
in the Digital Age
ROBERTO B. TAN President
Philippine Deposit Insurance Corporation