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] Historical assets are retrieved from the Published Balance Sheets/Statements of Condition submitted by the banks to BSP.[3][4]

Overall Philippine banks

Rank	Bank name	Assets (millions of PHP)	Asset change	Rank change
1	Banco de Oro	3,069,394.98	3.46%
2	Metropolitan Bank and Trust Company	2,116,897.17	6.20%
3	Land Bank of the Philippines*	2,033,417.30	3.66%
4	Bank of the Philippine Islands + BPI Family Savings Bank	1,912,624.66	3.79%
5	Philippine National Bank	1,067,676.31	3.58%
6	China Banking Corporation	866,900.13	1.00%
7	Security Bank Corporation	788,233.37	1.85%
8	Development Bank of the Philippines*	761,498.56	8.70%
9	Rizal Commercial Banking Corporation	762,310.50	14.56%
10	Union Bank of the Philippines	706,866.96	14.49%
11	EastWest Bank	382,512.53	5.12%
12	United Coconut Planters Bank*	335,180.83	4.29%
14	Asia United Bank	260,477.63	2.10%
15	PSBank	224,108.13	5.35%
16	Philtrust Bank	160,574.03	0.92%
17	Bank of Commerce	144,805.37	3.11%
18	Robinsons Bank	128,138.28	19.05%	1
19	Philippine Business Bank	113,977.87	20.46%	2
20	Philippine Bank of Communications	104,738.73	7.94%
21	China Bank Savings	96,766.09	9.48%
22	City Savings Bank	76,795.22
23	Philippine Veterans Bank	59,082.07	4.95%	2
24	PNB Savings Bank	59,871.27	3.16%
25	Sterling Bank of Asia	43,984.46	6.27%
26	Bank of Makati	40,158.21	17.26%
27	Producers Bank	25,452.26	38.42%	2
28	UCPB Savings Bank	20,977.08	13.21%	1
29	First Consolidated Bank	19,283.19	4.87%	1
30	BPI Direct Savings Bank	17,834.07	14.30%

Universal and commercial banks

September 2020

Rank	Bank name	Assets (millions of PHP)	Asset change	Rank change
1	Banco de Oro	3,185,977.27
2	Land Bank of the Philippines	2,257,545.02
3	Bank of the Philippine Islands + BPI Family Savings Bank	1,884,542.40 + 305,576.75 = 2,190,119.15
4	Metropolitan Bank and Trust Company	2,088,307.51
5	Philippine National Bank	1,025,161.82
6	Development Bank of the Philippines	944,711.93
7	China Banking Corporation	926,024.26
8	Rizal Commercial Banking Corporation	724,017.03
9	Union Bank of the Philippines	674,155.33
10	Security Bank	648,112.62
11	EastWest Bank	380,728.28
12	United Coconut Planters Bank	335,180.83
13	Citibank Philippines	327,736.64
14	Asia United Bank	260,477.63	2.10%
15	The Hongkong and Shanghai Banking Corporation	177,209.09	7.91%
16	Philtrust Bank	160,574.03	0.92%
17	Bank of Commerce	144,805.37	3.11%
18	Robinsons Bank	128,138.28	19.05%	1
19	Maybank	105,055.75	5.22%	1
20	Philippine Bank of Communications	104,738.73	7.94%
21	MUFG Bank	74,078.62	2.71%	1
22	Mizuho Bank	71,133.29	6.69%	1
23	Philippine Veterans Bank	59,082.07	4.95%	2
24	Standard Chartered	57,817.03	2.09%	1
25	Australia and New Zealand Banking Group	57,282.75	26.84%	3
26	CTBC Bank	56,584.33	3.04%	2
27	Deutsche Bank	48,000.05	6.85%	1
28	JPMorgan Chase	42,963.49	11.85%	1
29	Sumitomo Mitsui Banking Corporation	35,882.44	2.93%	1
30	BDO Private Bank	34,903.89	18.46%	1
31	Bank of China	33,385.97	3.74%
32	Bank of America	24,377.07	21.08%	1
33	ING Group	21,975.61	2.01%	1
34	Mega International Commercial Bank	17,855.24	14.00%
35	Hana Financial Group	15,859.15	10.79%
36	Bangkok Bank	10,142.80	3.28%
37	Industrial Bank of Korea	7,055.67	2.08%	1
38	Cathay United Bank	6,755.13	6.28%	1
39	Industrial and Commercial Bank of China	6,652.89	21.01%
40	Shinhan Bank	5,486.80	4.56%
41	United Overseas Bank	4,561.15	4.04%
42	Chang Hwa Bank	4,134.62	0.97%
43	CIMB	3,871.43	7.49%
44	Hua Nan Commercial Bank	3,157.45	0.84%
45	First Commercial Bank (Taiwan)	3,126.68	6.00%
46	Al-Amanah Islamic Bank	700.17	1.37%

2018

Rank	Bank name	Assets (millions of PHP)	Asset change	Rank change
1	Banco de Oro	2,893,588.31	29.41%
2	Metropolitan Bank and Trust Company	1,890,784.49	10.58%
3	Land Bank of the Philippines	1,876,258.34	16.18%	1
4	Bank of the Philippine Islands	1,819,437.10	11.19%	1
5	Philippine National Bank	909,670.29	16.66%
6	China Banking Corporation	773,479.07	16.15%	1
7	Security Bank Corporation	770,019.87	1.89%	1
8	Development Bank of the Philippines	669,441.76	12.12%
9	Union Bank of the Philippines	597,885.35	22.44%
10	Rizal Commercial Banking Corporation	517,780.13	16.79%
11	EastWest Bank	346,199.94	14.96%	1
12	Citibank Philippines	307,913.82	5.73%	1
13	Asia United Bank	234,778.48	19.19%	1
14	The Hongkong and Shanghai Banking Corporation	160,514.46	1.00%	1
15	Philtrust Bank	153,694.00	0.42%	1
16	Bank of Commerce	151,420.14	9.33%	1
17	Maybank	125,339.94	14.78%	1
18	Robinsons Bank	119,603.25	16.00%	1
19	Philippine Bank of Communications	104,625.28	8.57%	1
20	MUFG Bank	74,107.20	13.44%	2
21	Mizuho Bank	71,258.46	10.14%
22	Australia and New Zealand Banking Group	62,037.03	73.86%	7
23	Standard Chartered	56,624.29	8.44%	1
24	CTBC Bank	54,274.53	35.55%	3
25	BDO Private Bank	48,846.62	24.26%	2
26	Deutsche Bank	46,411.41	7.84%	1
27	JPMorgan Chase	45,246.78	21.53%	1
28	Sumitomo Mitsui Banking Corporation	40,027.54	56.70%	2
29	ING Group	24,149.40	23.94%	2
30	Bank of China	23,309.63	63.44%	3
31	Bank of America	17,606.70	2.76%	1
32	Mega International Commercial Bank	16,217.79	21.73%	2
33	Hana Financial Group	11,945.99	31.57%	2
34	Bangkok Bank	10,073.36	49.05%	2
35	Cathay United Bank	7,786.83	105.87%	4
36	Shinhan Bank	5,257.94	67.55%	4
37	Industrial Bank of Korea	4,275.57	8.00%
38	United Overseas Bank	3,994.99	3.20%
39	CIMB	2,539.07
40	Chang Hwa Bank	2,536.41
41	First Commercial Bank (Taiwan)	2,463.38	20.34%	1
42	Hua Nan Commercial Bank	2,205.22	2.58%	1
43	Al-Amanah Islamic Bank	797.26	7.41%

2017

Rank	Bank name	Assets (millions of PHP)
1	Banco de Oro	2,235,927.06
2	Metropolitan Bank and Trust Company	1,709,895.23
3	Bank of the Philippine Islands	1,636,388.14
4	Land Bank of the Philippines	1,615,001.42
5	Philippine National Bank	779,794.70
6	Security Bank Corporation	755,769.44
7	China Banking Corporation	665,934.50
8	Development Bank of the Philippines	597,052.81
9	Union Bank of the Philippines	488,308.87
10	Rizal Commercial Banking Corporation	443,325.68
11	United Coconut Planters Bank	308,866.91
12	EastWest Bank	301,154.86
13	Citibank Philippines	291,236.44
14	Asia United Bank	196,979.19
15	The Hongkong and Shanghai Banking Corporation	162,128.51
16	Philtrust Bank	154,347.70
17	Bank of Commerce	138,499.77
18	Maybank	109,201.76
19	Robinsons Bank	103,105.53
20	Philippine Bank of Communications	96,369.98
21	Mizuho Bank	79,302.33
22	MUFG Bank	65,326.03
23	BDO Private Bank	64,495.10
24	Standard Chartered	61,843.33
25	Deutsche Bank	50,361.44
26	Philippine Veterans Bank	49,639.56
27	CTBC Bank	40,041.08
29	Australia and New Zealand Banking Group	35,681.16
28	JPMorgan Chase	37,232.04
30	Sumitomo Mitsui Banking Corporation	25,543.92
31	ING Group	19,485.38
33	Bank of China	14,262.24
32	Bank of America	17,133.29
34	Mega International Commercial Bank	13,322.55
35	Hana Financial Group	9,079.44
36	Bangkok Bank	6,758.29
39	Cathay United Bank	3,782.33
37	Industrial Bank of Korea	3,958.77
38	United Overseas Bank	3,871.09
40	Shinhan Bank	3,138.10
41	Hua Nan Commercial Bank	2,149.74
42	First Commercial Bank (Taiwan)	2,047.02
43	Al-Amanah Islamic Bank	742.26

Thrift banks

2019

Rank	Bank name	Assets (millions of PHP)	Asset change	Rank change
1	BPI Family Savings Bank	284,212.91	4.68%
2	PSBank	224,108.13	5.35%
3	Philippine Business Bank	113,977.87	20.46%	2
4	China Bank Savings	102,836.11	6.27%
5	City Savings Bank	76,795.22
6	PNB Savings Bank	59,871.27	3.16%
7	Sterling Bank of Asia	43,984.46	6.27%
8	Bank of Makati	40,158.21	17.26%
9	Producers Bank	25,452.26	38.42%	2
10	UCPB Savings Bank	20,977.08	13.21%	1
11	First Consolidated Bank	19,283.19	4.87%	1
12	BPI Direct Savings Bank	17,834.07	14.30%
13	Wealth Development Bank	14,534.09	44.10%	2
14	HSBC Savings Bank	13,885.45	2.35%	1
15	Malayan Savings Bank	10,626.97	22.31%	2
16	Equicom Savings Bank	9,269.58	9.39%	2
17	1st Valley Bank	9,207.61	2.10%	1
18	CARD SME Bank	7,873.44	16.77%	1
19	Luzon Development Bank	6,090.06	11.82%	1
20	AllBank	5,724.44	75.95%	2
21	Overseas Filipino Bank	5,368.98
22	Citystate Savings Bank	5,724.44	49.17%	1
23	Yuanta Savings Bank	3,963.84	47.39%	2
24	Bangko Kabayan	3,247.28	4.62%	1
25	Legazpi Savings Bank	2,721.96	20.44%	2
26	Penbank	2,719.00	0.02%	2
27	Queen City Development Bank	2,376.76	5.31%	1
28	Enterprise Bank	2,253.92	1.85%	2
29	Sun Savings Bank	2,082.49	34.34%	2
30	Rizal MicroBank	1,818.48	16.04%	1
31	Bank One	1,591.27	2.08%	1
32	Dumaguete City Development Bank	1,489.38	7.04%	3
33	Hiyas Baking Corporation	1,441.15	0.83%	1
34	Century Savings Bank	1,428.32	2.58%	2
35	Isla Bank	1,388.94	3.65%	2
36	Makiling Development Bank Corporation	1,092.59
37	University Savings Bank	1,013.33	1.20%	1
38	NorthPoint Development Ban	833.16	19.93%
39	Farmers Savings and Loan Bank	788.10	4.28%	2
40	Inter-Asia Development Bank	616.49	79.60%	5
41	Pampanga Development Bank	590.18	12.82%	2
42	Pacific Ace Savings Bank	487.66	23.65%	1
43	Bataan Savings and Loan Bank	466.26	7.52%	1
44	Cordillera Savings Bank	448.94	3.29%	3
45	Life Savings Bank	313.62	8.36%	1
46	Lemery Savings and Loan Bank	234.54	0.92%	1
47	Phil Star Development Bank	233.91	46.48%	1
48	Maritime Savings Bank	158.19	4.96%	1
49	Quezon Coconut Bank	89.11	3.14%	1

2018

Rank	Bank name	Assets (millions of PHP)	Asset change	Rank change
1	BPI Family Savings Bank	271,517.55	1.86%
2	PSBank	236,775.26	6.66%
3	RCBC Savings Bank	139,915.71	18.75%
4	Chinabank Savings	96,766.09	9.48%
5	Philippine Business Bank	94,616.77	8.27%
6	PNB Savings Bank	61,823.33	20.38%	1
7	Sterling Bank of Asia	41,389.33	4.23%	1
8	Bank of Makati	34,247.87	12.65%	1
9	UCPB Savings Bank	18,528.74	0.27%	1
10	First Consolidated Bank	18,388.09	2.23%	1
11	Producers Bank	18,387.25	15.66%	1
12	BPI Direct Savings Bank	15,602.81	3.81%	2
13	HSBC Savings Bank	13,567.22	11.69%
14	PR Savings Bank Philippines	10,158.40	21.99%	1
15	Wealth Development Bank	10,086.39	15.01%	2
16	1st Valley Bank	9,018.30	26.50%	4
17	Malayan Savings Bank	8,688.55	8.98%	2
18	Equicom Savings Bank	8,474.06	2.37%
19	CARD SME Bank	6,742.91	34.27%	3
20	Luzon Development Bank	5,446.45	3.07%	1
21	Citystate Savings Bank	3,837.45	7.59%	2
22	AllBank	3,253.49	10.46%	2
23	Bangko Kabayan	3,103.96	8.64%	2
24	Penbank	2,718.58	4.25%	2
25	Yuanta Savings Bank	2,689.42	7.21%	2
26	Enterprise Bank	2,296.33	4.60%	3
27	Legazpi Savings Bank	2,260.05	7.82%	1
28	Queen City Development Bank	2,257.02	0.32%	2
29	Merchants Savings and Loan Association	1,567.09	7.28%	4
30	Bank One	1,558.89	8.23%	1
31	Sun Savings Bank	1,550.21	26.09%	6
32	Century Savings Bank	1,466.11	10.69%
33	Isla Bank	1,441.49	9.65%	3
34	Hiyas Baking Corporation	1,429.27	0.05%
35	Dumaguete City Development Bank	1,391.44	1.37%
36	University Savings Bank	1,025.64	9.58%	2
37	Farmers Savings and Loan Bank	823.32	41.75%	3
38	NorthPoint Development Ban	694.71	2.13%	1
39	Pampanga Development Bank	523.11	7.98%	3
40	Metro Cebu Public Savings Bank	514.50	125.72%	10
41	Cordillera Savings Bank	434.65	5.64%	4
42	Bataan Savings and Loan Bank	433.63	4.85%	2
43	Pacific Ace Savings Bank	394.40	58.64%	6
44	Business and Consumers Bank	343.59	4.19%	2
45	Inter-Asia Development Bank	343.26	7.59%	2
46	Life Savings Bank	289.43	5.88%	2
47	Lemery Savings and Loan Bank	236.71	4.11%	4
48	Phil Star Development Bank	159.69	4.95%	4
49	Maritime Savings Bank	150.72	8.11%	4
50	Quezon Coconut Bank	92.00	14.00%	5

2017

Rank	Bank name	Assets (millions of PHP)
1	BPI Family Savings Bank	266,571.15
2	PSBank	221,984.57
3	RCBC Savings Bank	117,827.29
4	Chinabank Savings	88,383.75
5	Philippine Business Bank	87,390.51
6	City Savings Bank	77,478.38
7	PNB Savings Bank	51,356.26
8	Sterling Bank of Asia	39,709.96
9	Bank of Makati	30,400.95
10	UCPB Savings Bank	18,479.38
11	First Consolidated Bank	17,987.80
12	Producers Bank	15,897.05
13	HSBC Savings Bank	15,362.65
14	BPI Direct Savings Bank	15,029.99
15	PR Savings Bank Philippines	13,021.97
16	Overseas Filipino Bank	9,144.48
17	Wealth Development Bank	8,770.01
18	Equicom Savings Bank	8,679.41
19	Malayan Savings Bank	7,972.68
20	1st Valley Bank	7,129.30
21	Luzon Development Bank	5,619.21
22	CARD SME Bank	5,021.98
23	Citystate Savings Bank	4,152.50
24	AllBank	2,945.46
25	Bangko Kabayan	2,857.20
26	Penbank	2,607.68
27	Yuanta Savings Bank	2,508.62
28	Legazpi Savings Bank	2,451.70
29	Enterprise Bank	2,407.13
30	Queen City Development Bank	2,264.19
31	Bank One	1,698.66
32	Century Savings Bank	1,641.62
33	Merchants Savings and Loan Association	1,460.75
34	Hiyas Baking Corporation	1,428.52
35	Dumaguete City Development Bank	1,410.76
36	Isla Bank	1,314.67
37	Sun Savings Bank	1,229.42
38	University Savings Bank	935.99
39	NorthPoint Development Ban	680.25
40	Farmers Savings and Loan Bank	580.81
41	The Palawan Bank	524.11
42	Pampanga Development Bank	484.43
43	Maxbank	451.76
44	Bataan Savings and Loan Bank	413.58
45	Cordillera Savings Bank	411.43
46	Business and Consumers Bank	329.78
47	Inter-Asia Development Bank	319.05
48	Life Savings Bank	273.35
49	Pacific Ace Savings Bank	248.62
50	Metro Cebu Public Savings Bank	227.94
51	Lemery Savings and Loan Bank	227.36
52	Phil Star Development Bank	152.16
53	Maritime Savings Bank	139.42
54	Malasiqui Progressive Bank	122.08
55	Quezon Coconut Bank	106.98

See also

• List of banks in the Philippines
• List of largest banks in Southeast Asia

References

1. "Universal and Commercial Bank Group Ranking as to Total Assets". Bangko Sentral ng Pilipinas. Bangko Sentral ng Pilipinas. Retrieved 29 September 2018.
2. "Ranking as to Total Assets Thrift Bank Group". Bangko Sentral ng Pilipinas. Bangko Sentral ng Pilipinas. Retrieved 14 January 2019.
3. "Banking Statistics - Published Balance Sheet/Statement of Condition - Universal/Commercial Banks". www.bsp.gov.ph. Bangko Sentral ng Pilipinas. Retrieved 30 September 2018.
4. "Banking Statistics - Published Balance Sheet/Statement of Condition - Thrift Banks". www.bsp.gov.ph. Retrieved 14 January 2019.