List of largest banks in the Philippines

These are the largest banks in the Philippines ranked by total assets as published by Bangko Sentral ng Pilipinas (BSP).[1][2][3]

Universal and commercial banks edit

2023 edit

Rank Bank name Assets (millions of PHP) Asset change Rank change
1 Banco de Oro (BDO Unibank) 4,106,716.07    
2 Land Bank of the Philippines (LBP) 3,079,379.17    
3 Metropolitan Bank and Trust Company (Metrobank) 2,835,755.68    
4 Bank of the Philippine Islands (BPI) 2,678,580.37    
5 China Banking Corporation (Chinabank) 1,309,659.31    
6 Rizal Commercial Banking Corporation (RCBC) 1,252,212.41    
7 Philippine National Bank (PNB) 1,166,556.44    
8 Development Bank of the Philippines (DBP) 1,042,129.41    
9 Union Bank of the Philippines (Unionbank) 961,584.41    
10 Security Bank Corporation (Security Bank) 878,563.32    
11 East West Banking Corporation (EastWest Bank) 403,810.69    
12 Asia United Bank Corporation (AUB) 336,454.99    
13 Citibank Philippines 334,018.44    
14 Bank of Commerce (BankCom) 216,443.44    
15 Hongkong & Shanghai Banking Corporation (HSBC) 202,746.43    
16 Robinsons Bank Corporation (Robinsons Bank) 183,252.69    
17 Philippine Trust Company (Philtrust Bank) 169,278.03    
18 Philippine Bank of Communications (PBCom)]] 127,225.34    
19 Standard Chartered Bank Philippines (SCB PH) 99,359.91    
20 Mizuho Bank Limited - Manila Branch 97,035.90    
21 MUFG Bank Limited 93,602.05    
22 Maybank Philippines, Inc. 88,842.66    
23 CTBC (Philippines) Corporation 69,560.64    
24 JPMorgan Chase Bank National Association 60,002.14    
25 Philippine Veterans Bank 59,654.52    
26 Deutsche Bank AG 57,724.45    
27 Bank of America N.A. 53,371.25    
28 Sumitomo Mitsui Banking Corporation - Manila Branch 40,372.32    
29 Australia and New Zealand Banking Group Limited (ANZ) 39,795.29    
30 BDO Private Bank 37,167.17    
31 CIMB Bank Philippines, Inc. 30,257.18    
32 Bank of China (Hongkong) - Manila Branch 26,072.06    
33 Keb Hana Bank - Manila Branch 22,240.37    
34 ING Bank N.V. 19,127.06    
35 Mega International Commercial Bank Co. Limited 12,822.52    
36 American Express Company - Manila Branch 11,156.15    
37 Bangkok Bank Public Co. Limited 9,852.53    
38 Barclays Bank plc - Manila Branch 9,667.11    
39 ABN Amro Manila Branch 8,357.43    
40 Hua Nan Commercial Bank Limited - Manila Branch 7,806.86    
41 Cathay United Bank Co. Limited - Manila Branch 6,084.48    
42 Chang Hwa Commercial Bank Limited - Manila Branch 5,223.04    
43 United Overseas Bank Limited - Manila Branch 4,801.52    
44 First Commercial Bank (Taiwan) Limited - Manila Branch [zh] 3,311.34    
45 Al-Amanah Islamic Investment Bank of the Philippines 691.00    

Thrift banks edit

2022 edit

Rank Bank name Assets (millions of PHP) Asset change Rank change
1 Philippine Savings Bank (PSBank) 263,376.95    
2 Philippine Business Bank, Inc. (PBB) 136,292.65    
3 City Savings Bank, Inc. (CSB) 130,306.59    
4 China Bank Savings, Inc. (CBS) 124,918.50    
5 Bank of Makati, Inc. (BMI) 49,884.64    
6 Sterling Bank of Asia, Inc. 40,316.55    
7 Producers Savings Bank Corporation (Producers Bank) 32,617.10    
8 First Consolidated Bank, Inc. (FCB) 24,143.29    
9 BPI Direct BanKo, Inc. (BanKo) 22,419.25    
10 UCPB Savings Bank 16,783.41    
11 HSBC Savings Bank (Philippines) Inc. 15,320.99    
12 Wealth Development Bank Corporation 12,255.28    
13 1st Valley Bank, Inc. 10,986.96    
14 Malayan Savings Bank, Inc. 10,369.20    
15 CARD SME Bank, Inc. 8,479.46    
16 Luzon Development Bank 6,417.25    
17 Citystate Savings Bank, Inc. 4,888.74    
18 Legazpi Savings Bank, Inc. 4,887.16    
19 AllBank, Inc. 4,779.25    
20 Overseas Filipino Bank 4,501.13    
21 Bangko Kabayan, Inc. 3,619.43    
22 Queen City Development Bank (QueenBank) 3,120.09    
23 Sun Savings Bank, Inc. 3,039.11    
24 Yuanta Savings Bank Philippines, Inc. 2,520.47    
25 Penbank, Inc. 2,498.85    
26 Century Savings Bank Corporation 1,959.16    
27 Bank One Savings Corporation 1,938.87    
28 Dumaguete City Development Bank, Inc. 1,177.74    
29 Rizal MicroBank, Inc. 1,684.22    
30 Isla Bank, Inc. 1,425.42    
31 Hiyas Banking Corporation 1,401.79    
32 LOLC Bank Philippines, Inc. 1,235.63    
33 Makiling Development Bank Corporation 1,045.07    
34 NorthPoint Development Bank, Inc. 1,034.82    
35 Pacific Ace Savings Bank, Inc. 990.04    
36 University Savings Bank, Inc. 824.19    
37 Pampanga Development Bank 687.60    
38 Bataan Development Bank 537.71    
39 Cordillera Savings Bank, Inc. 467.87    
40 Life Savings Bank, Inc. 334.33    
41 Phil Star Development Bank, Inc. 237.98    
42 Lemery Savings and Loan Bank, Inc. 231.54    
43 Quezon Coconut Bank, Inc. 86.40    

Rural and cooperative banks edit

2022 edit

Rank Bank name Assets (millions of PHP) Asset change Rank change
1 BDO Network Bank, Inc. 87,679.80    
2 EastWest Rural Bank, Inc. (EWRB) 24,282.73    
3 CARD Bank, Inc. 22,272.76    
4 Seabank Philippines, Inc. 12,237.80    
5 Tonik Digital Bank, Inc. 10,579.10    
6 Guagua Rural Bank, Inc. 7,596.00    
7 Cebuana Lhuillier Rural Bank, Inc. 6,297.43    
8 CARD MRI Rizal Bank, Inc. 6,175.85    
9 First Isabela Cooperative Bank (FICO Bank) 5,513.43    
10 Bank of Florida (BOF, Inc.) 4,726.23    

Digital banks edit

2023 edit

Rank Bank name Assets (millions of PHP)
1 Maya Bank, Inc. 28,080.81 [4]
2 UnionDigital Bank 22,472.87 [5]
3 Gotyme Bank Corporation 16,803.12 [6]
4 Tonik Digital Bank, Inc. 9,742.99 [7]
5 Unobank, Inc. 6,828.63 [8]
6 Overseas Filipino Bank Inc A Digital Bank of Landbank 4,761.72 [9]

See also edit


References edit

  1. ^ "BSP Universal & Commercial Banks - Ranking in terms of assets in 2022". BSP. bsp.gov.ph. Retrieved September 30, 2022.
  2. ^ "BSP Thrift banks-Ranking in terms of assets in 2022". BSP. bsp.gov.ph. Retrieved September 30, 2022.
  3. ^ "BSP Rural & Cooperative Banks - Ranking in terms of assets in 2022". BSP. bsp.gov.ph. Retrieved September 30, 2022.
  4. ^ "MAYA BANK INC Published Balance Sheet As of 31 December 2023". BSP. bsp.gov.ph. Retrieved April 28, 2024.
  5. ^ "UNION DIGITAL BANK Published Balance Sheet As of 31 December 2023". BSP. bsp.gov.ph. Retrieved April 28, 2024.
  6. ^ "GOTYME BANK CORPORATION Published Balance Sheet As of 31 December 2023". BSP. bsp.gov.ph. Retrieved April 28, 2024.
  7. ^ "GOTYME BANK CORPORATION Published Balance Sheet As of 31 December 2023". BSP. bsp.gov.ph. Retrieved April 28, 2024.
  8. ^ "UNOBANK INC Published Balance Sheet As of 31 December 2023". BSP. bsp.gov.ph. Retrieved April 28, 2024.
  9. ^ "OVERSEAS FILIPINO BANK INC A DIGITAL BANK OF LANDBANK Published Balance Sheet As of 31 December 2023". BSP. bsp.gov.ph. Retrieved April 28, 2024.