Central Bank of the Philippines sets 2025 annual supervision fee rates with May 31 payment deadline and capped SBLAF discount

The Central Bank of the Philippines (Bangko Sentral ng Pilipinas, BSP) issued supervisory guidelines on how it will compute and collect 2025 Annual Supervision Fees (ASF) from all banks and non-banks with quasi-banking functions, with payment due by 31 May. The ASF is calculated from the prior year’s Average Assessable Assets (AAA) and applies a regulatory incentive that can reduce fees for early adoption of the Standard Business Loan Application Form. Assessment rates are set at 1/28 of 1% for universal and commercial banks, digital banks, thrift banks, and non-banks with quasi-banking functions, and 1/40 of 1% for rural and cooperative banks. “Total Assessable Assets” generally starts from reported end-of-period total assets and deducts cash on hand, amounts due from banks (including the BSP and banks abroad), and investments in national government securities, then adds assets under management of the trust department; AAA is derived from supervisory reports submitted to the BSP. The SBLAF incentive reduces ASF for each of 2024 and 2025 by 20% of the assessed ASF or PHP 2.0 million, whichever is lower, and the computation also accommodates mergers, consolidations, upgrades or downgrades, amended reports, and adjustments for over- or under-collection of the previous year’s ASF. BSP’s Department of Supervisory Analytics will send billing notices in April 2025 and will debit the ASF from each institution’s demand deposit account with the BSP on the date specified in the notice. Institutions can challenge billing exceptions within 10 working days of receiving the notice; late or unsupported exceptions are only considered in the immediately succeeding year’s ASF computation.