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Item Restricted The impact of the discount and interest rate policies of the central bank of the Philippines on the development of the rural banking system: 1953-1975(1981-03-13) Dakila, Francisco G. Jr.Item Restricted Sectoral allocation of credit by the offshore banking system in the Philippines(1982-04) Quizon, Jose Emmanuel Barrientos; Fabella, RaulItem Restricted The Philippine offshore banking system(1985-10) Tolentino, Eric L.; Herrin, AlejandroItem Restricted Commercial banks: interpretation of foreign exchange transaction after 1983 crisis(1986-03) Antonio, Lynette Caridad F.; San Miguel, Marites P.; Montes, Manuel F.Item Restricted Branch banking and economies of scale: a study of the commercial banking system(1986-03-19) Cruz, Rosanna Aileen C.; Manaloto, Josefina; Alonzo, RupertoItem Restricted The Philippine offshore banking system(1980-03) Nitorreda, Jose Cesar S.; Nitorreda, Jose CesarItem Restricted Causes of past due obligations: a survey among the top ten commercial banks(1985-10) Garcia, Russell C.; Tensuan, Ana MarieThis paper will examine the most prevalent contributory factors to the high incidence of past due loans in the commercial banking industry. These factors, covering a broad range of internal as well as external conditions in the operation of a business enterprise, were derived and formulated based on interviews with credit officers as well as on economic indicators supplied by both government and independent sources. These external (macro) and internal (micro) factors were then arranged and compiled in a survey questionnaire and sent to ten (10) respondent commercial banks. Each respondent was asked to rank the factors according to a given scale and based on these weighted rankings, the most prevalent and critical contributory factors to the high incidence of past due obligations emerged, rooted on the studied perceptions of individuals extremely knowledgeable in this field. The results were then analyzed, covering the main eight (8) industry categories used in the study to further reinforce their contributory effects to the postulated problem. Based on the analysis, recommendations were made in the hope that the alarming incidence of past due obligations can be contained, if not minimized through the cooperation of both the public and private sectors.Item Restricted Is the Philippine commercial banking system competitive?(2002-10) Garcia, Kristine Gay O.; Remulla, Giselle B.; Reside, RenatoItem Restricted An econometric analysis of the non-performing loans in the Philippine banking system and its sensitivity to leading economic indicators and to type of loans(2002-03) Ramos, Errol John A.; Alburo, FlorianThe paper examines the performance of the Philippine banking system and its level of non-performing loans during a five-year period (1997-2001). It pays particular attention to the sensitivity of Gross Domestic Product (GDP), Peso/Dollar Exchange rate and domestic interest rates to an increase in the level of non-performing loans. Furthermore, it also illustrates how an increase in non- performing loans affects the respective outstanding loans of the different industries of the economy. This paper argues that the level of non-performing loans is rising steadily from 1997-2001. Using multiple regression, it shows that NPL ratio is negatively correlated to GDP and positively correlated to the Peso depreciation and surprisingly, negatively correlated to the domestic interest rate. Furthermore, among industries, if NPL ratio increases, Electricity, Gas and Water, Community, Social and Personal Services and Transportation, Storage and Communication find it more difficult to pay back loans on time.Item Restricted Shift from gross receipts taxation to value added taxation on banks(2003-10) Arenas, John Rex V.; Baun, Princess Charm T.; Alonzo, RupertoA well-functioning financial sector is a critical factor to a modem economic system. In most countries, banking activities are subject to general taxation. Bank taxation is in many respects similar to taxation of other business sectors. Nevertheless, the tax authorities often treat banking services differently. On one end, these entities enjoy a favorable tax treatment. For instance, most financial services, or bank services in particular, are exempt from Value-Added Tax (VAT). In. the Philippines, banks are subject to income taxes, percentage taxes, withholding taxes, documentary stamps tax, and, until recently, the Gross Receipts Tax (GRT). Pursuant to the Republic Act 8424 or the National Internal Revenue Code (NIRC) of 1997, the GRT was replaced by a new tax scheme, the Value-Added Tax (VAT). The working hypothesis of the researchers is that the imposition of VAT on banks would yield lower revenues to the government and that GRT can be considered as amore equitable tax system than VAT, with regard to horizontal and vertical equity. This study examines the possible effects of the shift in taxation system whether VAT on financial services will contribute to the general welfare, revenue collections that will help remedy the widening government budget deficit, the banking and financial institutions industry, and the consumers. In computing for the net revenue yield brought about by each taxation system, the researchers used the data from the Bureau of Internal Revenue (BIR) which shows the net collections of both VAT and GRT for the first semester of year 2002 for GRT and first semester of year 2003 for VAT. VAT is anĀ· alternative tax to the GRT and should therefore be easier to implement. But, this study believes that VAT entails harder implementation. In principle, it is possible to measure value-added in the banking sector by adding profits, wages, rent, and interest, or alternatively, by taking the difference between investment income and the cost of funds (interest expense plus the cost of equity financing) and other costs of the bank. The application of the invoice system, however, requires that the VAT liability be attributed to each transaction. This is not possible in the banking sector because most financial services provided