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List of largest banks in the Philippines

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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

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2023

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Rank Bank name Assets (millions of PHP) Asset change Rank change
1 BDO Unibank, Inc. 4,375,916.74 Increase Steady
2 Metropolitan Bank and Trust Company (Metrobank) 3,271,008.11 Increase Increase
3 Land Bank of the Philippines (LBP) 3,268,437.36 Increase Decrease
4 Bank of the Philippine Islands (BPI) 3,033,330.88 Increase Steady
5 China Banking Corporation (Chinabank) 1,627,194.58 Increase Steady
6 Rizal Commercial Banking Corporation (RCBC) 1,284,475.02 Increase Steady
7 Philippine National Bank (PNB) 1,193,674.90 Increase Steady
8 Security Bank Corporation (Security Bank) 1,069,477.38 Increase Increase
9 Union Bank of the Philippines (Unionbank) 983,205.26 Increase Steady
10 Development Bank of the Philippines (DBP) 973,928.71 Decrease Decrease
11 East West Banking Corporation (EastWest Bank) 453,875.71 Increase Steady
12 Asia United Bank Corporation (AUB) 341,726.71 Increase Steady
13 Citibank Philippines 290,927.94 Decrease Steady
14 Hongkong & Shanghai Banking Corporation (HSBC) 255,787.58 Increase Increase
15 Bank of Commerce (BankCom) 230,346.51 Increase Decrease
16 Philippine Trust Company (Philtrust Bank) 178,863.72 Increase Increase
17 Philippine Bank of Communications (PBCom) 146,098.41 Increase Increase
18 MUFG Bank Limited 119,510.29 Increase Increase
19 Maybank Philippines, Inc. 104,612.71 Increase Increase
20 Standard Chartered Bank Philippines (SCB PH) 103,676.29 Increase Decrease
21 Mizuho Bank Limited - Manila Branch 98,204.93 Increase Decrease
22 CTBC (Philippines) Corporation 81,041.05 Increase Increase
23 JPMorgan Chase Bank National Association 70,015.34 Increase Increase
24 Philippine Veterans Bank 67,907.60 Increase Increase
25 Bank of China (Hongkong) - Manila Branch 59,570.08 Increase Increase
26 Deutsche Bank AG 55,429.23 Decrease Steady
27 Sumitomo Mitsui Banking Corporation - Manila Branch 51,512.01 Increase Increase
28 CIMB Bank Philippines, Inc. 40,908.24 Increase Increase
29 Australia and New Zealand Banking Group Limited (ANZ) 33,839.74 Decrease Steady
30 BDO Private Bank 31,704.69 Decrease Steady
31 Bank of America N.A. 30,770.19 Decrease Decrease
32 Keb Hana Bank - Manila Branch 26,647.15 Increase Increase
33 ING Bank N.V. 25,251.10 Increase Increase
34 Mega International Commercial Bank Co. Limited 13,154.98 Increase Increase
35 Bangkok Bank Public Co. Limited 12,175.07 Increase Increase
36 Industrial and Commercial Bank of China - Manila Branch 9,960.93 Steady Steady
37 Shinhan Bank - Manila Branch 9,940.30 Steady Steady
38 Industrial Bank of Korea - Manila Branch 7,938.79 Steady Steady
39 Hua Nan Commercial Bank Ltd - Manila Branch 7,584.20 Decrease Increase
40 Cathay United Bank Co. Limited - Manila Branch 6,856.52 Increase Increase
41 Chang Hwa Commercial Bank Limited - Manila Branch 5,736.29 Increase Increase
42 United Overseas Bank Limited - Manila Branch 5,453.36 Increase Increase
43 First Commercial Bank (Taiwan) Limited - Manila Branch [zh] 3,221.73 Decrease Increase
44 Al-Amanah Islamic Investment Bank of the Philippines 787.39 Increase Increase

Thrift banks

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2022

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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

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2022

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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

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2023

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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

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References

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  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.
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