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

As of 30 June 2024

Rank Bank name Assets (millions of PHP) Asset change Rank change
1 BDO Unibank, Inc. 4,508,065.88 Increase Steady
2 Land Bank of the Philippines (LBP) 3,325,085.09 Increase Increase
3 Metropolitan Bank and Trust Company (Metrobank) 3,096,992.46 Decrease Decrease
4 Bank of the Philippine Islands (BPI) 3,090,565.38 Increase Steady
5 China Banking Corporation (Chinabank) 1,678,975.53 Increase Steady
6 Rizal Commercial Banking Corporation (RCBC) 1,382,041.51 Increase Steady
7 Philippine National Bank (PNB) 1,254,974.36 Increase Steady
8 Security Bank Corporation (Security Bank) 1,189,460.23 Increase Steady
9 Union Bank of the Philippines (Unionbank) 975,009.45 Decrease Steady
10 Development Bank of the Philippines (DBP) 971,535.85 Decrease Steady
11 East West Banking Corporation (EastWest Bank) 468,225.98 Increase Steady
12 Citibank Philippines 375,941.33 Increase Increase
13 Asia United Bank Corporation (AUB) 344,142.34 Increase Decrease
14 Hongkong & Shanghai Banking Corporation (HSBC) 268,267.33 Increase Steady
15 Bank of Commerce (BankCom) 229,169.59 Decrease Steady
16 Philippine Trust Company (Philtrust Bank) 180,468.08 Increase Steady
17 Philippine Bank of Communications (PBCom) 150,778.08 Increase Steady
18 MUFG Bank Limited 109,879.07 Decrease Steady
19 Standard Chartered Bank Philippines (SCB PH) 106,714.72 Increase Increase
20 Maybank Philippines, Inc. 105,181.13 Increase Decrease
21 Mizuho Bank Limited - Manila Branch 96,711.58 Decrease Steady
22 CTBC (Philippines) Corporation 85,814.75 Increase Steady
23 JPMorgan Chase Bank National Association 73,007.38 Increase Steady
24 Philippine Veterans Bank 68,866.73 Increase Steady
25 Bank of China (Hongkong) - Manila Branch 56,841.30 Decrease Steady
26 Deutsche Bank AG 54,962.77 Decrease Steady
27 Sumitomo Mitsui Banking Corporation - Manila Branch 49,171.15 Decrease Steady
28 CIMB Bank Philippines, Inc. 43,023.67 Increase Steady
29 ING Bank N.V. 41,127.85 Increase Increase
30 Australia and New Zealand Banking Group Limited (ANZ) 40,671.53 Increase Decrease
31 BDO Private Bank 36,854.17 Increase Decrease
32 Bank of America N.A. 32,361.79 Increase Decrease
33 Keb Hana Bank - Manila Branch 26,764.89 Increase Decrease
34 Bangkok Bank Public Co. Limited 11,486.72 Decrease Increase
35 Mega International Commercial Bank Co. Limited 10,908.41 Decrease Decrease
36 Shinhan Bank - Manila Branch 9,494.70 Decrease Increase
37 Industrial and Commercial Bank of China - Manila Branch 8,793.79 Decrease Decrease
38 Hua Nan Commercial Bank Ltd - Manila Branch 8,670.80 Increase Increase
39 Industrial Bank of Korea - Manila Branch 7,946.65 Increase Decrease
40 Cathay United Bank Co. Limited - Manila Branch 6,961.75 Increase Steady
41 Chang Hwa Commercial Bank Limited - Manila Branch 6,237.62 Increase Steady
42 United Overseas Bank Limited - Manila Branch 5,152.83 Decrease Steady
43 First Commercial Bank (Taiwan) Limited - Manila Branch [zh] 3,295.65 Increase Steady
44 Al-Amanah Islamic Investment Bank of the Philippines 956.80 Increase Steady

Thrift banks

2022

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

Rural and cooperative banks

2022

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

Digital banks

2023

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


References

  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.