Central Bank of the Philippines outlines 2026 annual supervision fee computation and requires payment by 31 May

The Central Bank of the Philippines issued a supervisory memorandum setting the guidelines for computing and collecting 2026 Annual Supervision Fees from banks, non-banks with quasi-banking functions and non-bank financial institutions with trust authority, with payment due by 31 May. Fees are calculated as the prior year’s Average Assessable Assets multiplied by Monetary Board-approved rates: 1/28 of 1% for universal and commercial banks, digital banks, thrift banks, non-banks with quasi-banking functions and non-bank financial institutions with trust authority, and 1/40 of 1% for rural and cooperative banks. For banks and non-banks with quasi-banking functions, “Total Assessable Assets” are balance-sheet total assets net of specified deductions including cash on hand, amounts due from banks (including the central bank and banks abroad) and investments in national government securities, plus assets under management of the trust department. For non-bank financial institutions with trust authority, assessable assets are based on trust assets under management excluding securities held under custodianship. The framework also covers treatment of mergers, consolidations and changes in institutional classification during the year, and provides for adjustments to the 2026 fee for any over- or underpayment arising from recomputation of the prior year’s fee. The BSP Department of Supervisory Analytics will issue billing notices in April 2026 specifying the computed amount due, coverage period, payment mode and payable date. Institutions are asked to submit any billing exceptions, with supporting documents, within ten working days of receiving the notice, with late or unsubstantiated exceptions deferred to the following year’s computation.