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1、1■Introduction:Inthemoderneconomy,financeisthecoreofeconomysystem,andthebankingsectorasafinancialintermediaryisthemaincenterofthefinance.Sineethefinancialreformfrom1990sinPhilippines,thebankingsectoradoptedanumberofreformmeasuressuchasderegulationandinternationalizati
2、onofbankmarket.Theliberalizationofmarketaccessregulationinducedthebanksmorecompetitiveandefficient.Inthe20thcentury,Philippineseconomywasexperiencingsmoothandrobustgrowthuntilthefinancialcrisisattheendof2008.Becauseoftheoutbreakoffinancialcrisis,theeconomicgrowthofPhi
3、lippinessufferedsignificantinfluence,whichwas1.1%in2009.AsdrivingfactorofPhilippineseconomicgrowth,bankingalsowasseverelyaffectedbythiscri引s.Beforeandafterthecrisis,manyperformaneeassessmentshavechangedinPhilippinesbankingsectors.AftertheAsianfinancialcrisisin1997,Phi
4、lippinesbanksztotalloanshadexhibitedasteadyincreased,andthisgrowingtendencywasbrokenbecauseofthefinancialcrisisin2008.Thereisanapparentdeclineintheprofitabilityofbanking(ROAA,ROAE)in2008,whichare0.68and6.76,respectively.Itworthnotingthatthenon-performingloansrateconti
5、nuedtodecline,evenin2008,itwas5.5%whichwassignificantlylowerthan7.23%in2007.Duringtheperiodofcrisisin2008,thetotalloansandprofitabilityofPhilippinesbanksexperieneedabriefdeclineandthen「eturnedtonormality.Ontheotherhand,theoperationalriskofbankstendedtocontinuouslydecr
6、easeafterthecrisis.ltisreasonabletosupposethatthefinancialcrisiswouldhavesomeimpactsonthedeterminantsofbanksprofitabilityinPhilippines.Therefore,thispaperaimstoanalyzetheunderlyinginternalandexternaldeterminantsthatinflueneeprofitsofbanks,andhelpregulatoryauthoritiest
7、omakeplanningandpolicyafterthefinancialcrisis.Thispaperisstructuredasfollows.Thenextsectionprovidesthepreviousliteratures,followedbyasectiondescribethedataandmethodology.Resultssectionpresentstheempiricalfindingsandconclusionandpolicysuggestiontoauthoritiesarediscusse
8、dinthelastsection.2.Literaturereview:Uptodate,therearelimitedstudiesthatexaminethedeterminantsofbankperformaneeinPhilippines