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[edit]

2023[edit]

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

Thrift banks[edit]

2022[edit]

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[edit]

2022[edit]

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[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.
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