The Central Bank of the Philippines (Bangko Sentral ng Pilipinas) issued supervisory guidance on the computation, billing and payment of 2026 Annual Supervision Fees (ASF) for Non-Stock Savings and Loans Associations (NSSLAs) and Trust Corporations (TCs) under Section 28 of the New Central Bank Act, as amended. For NSSLAs, the ASF is set at 1/65 of 1% of the prior year’s Average Assessable Assets (AAA) or the maximum amount for the relevant AAA band, whichever is lower, with caps ranging from PHP 10,000 (AAA up to PHP 100 million, also the stated minimum) to PHP 500,000 (AAA above PHP 1.0 billion). For TCs, the ASF is 0.01% of the average monthly balance of assets under management (AUM) for the first three years of operations and 0.02% from the fourth year onward, with securities held under custodianship exempt from annual fees. The assessment base is derived from supervisory reports, and merger or consolidation scenarios require considering the pre-event assets or AUM of the entities involved when determining the AAA or AUM. The BSP Department of Supervisory Analytics will issue billing notices in April 2026 with the calculated ASF due, period covered, payment mode and the date the ASF becomes payable. NSSLAs and TCs have 10 working days from receipt of the billing notice to submit substantiated exceptions, with late or unsupported exceptions to be evaluated for the immediately succeeding year’s ASF computation.
Central Bank of the Philippines 2026-03-11
Central Bank of the Philippines sets 2026 annual supervision fee rates and billing process for NSSLAs and trust corporations
The Central Bank of the Philippines issued guidance on the 2026 Annual Supervision Fees for Non-Stock Savings and Loans Associations and Trust Corporations under the New Central Bank Act. NSSLAs will pay 1/65 of 1% of the prior year’s Average Assessable Assets, capped between PHP 10,000 and PHP 500,000, while TCs will pay 0.01% of assets under management for the first three years and 0.02% thereafter. Billing notices will be issued in April 2026, with a 10-day window for submitting exceptions.