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Land Bank of the Philippines (LBP) 3,268,437.36: 4 Bank of the Philippine Islands (BPI) 3,033,330.88: 5 China Banking Corporation (Chinabank) 1,627,194.58: 6 Rizal Commercial Banking Corporation (RCBC) 1,284,475.02: 7 Philippine National Bank (PNB) 1,193,674.90: 8 Security Bank Corporation (Security Bank) 1,069,477.38: 9 Union Bank of the ...
Top 10 Best Banks in the Philippines According to Bangko Sentral Ng Pilipinas. The Central Bank of the Philippines, or the Bangko Sentral ng Pilipinas (BSP), is the governing body that has been authorized by law through the provisions of the General Banking Act of 2000 1, to regulate all banks in the Philippines.These include all universal or commercial banks that offer the broadest range of ...
The Philippines has a comprehensive banking system encompassing various types of banks, from large universal banks to small rural banks and even non-banks.As of September 30, 2022, [1] there were 45 universal and commercial banks, [2] 44 savings banks, [3] 400 rural and cooperative banks, [4] 40 credit unions and 6,267 non-banks with quasi-banking functions, all licensed by the Bangko Sentral ...
Below is the list of the top banks in the Philippines, ranked by deposits (deposit liabilities) – as of March 31, 2023, via The Banko Sentral ng Pilipinas 1 (amounts in Million Pesos). BDO UNIBANK INC. MUFG BANK, LTD. Related: Complete List of Bank Codes (BRSTN) & SWIFT Codes (BIC) of Philippine Banks.
As of March 2023, there are 7 TRILLIONAIRE BANKS in the Philippines — BDO, Landbank, BPI, Metrobank, ChinaBank, RCBC and PNB. DBP lost its trillionaire status in 2023, as its assets fell from 1.18 T to just 975.84 B in its March 2023 report. RCBC entered the trillionaire group in September 2022. DBP entered the trillionaire group in March ...
The Metropolitan Bank and Trust Company, commonly known as Metrobank, is another of the Philippines' big banks. It was established in 1962 and is partly public-owned. Metrobank offers a range of savings, checking and time deposit accounts, including AccountOne. This is an interest-earning account with a debit card.
The top 10 banks in the Philippines (in order of size), are as follows. BDO Unibank Incorporated. Metropolitan Bank & Trust Company. Philippine National Bank. Land Bank of the Philippines. Rizal Commercial Banking Corporation. China Banking Corporation. East West Banking Corporation. Bank of the Philippine Islands.
CIMB Bank is the 31st largest lender in the Philippines in terms of assets at P30.26 billion as of end-2022, while PNB is the seventh largest bank with total resources amounting to P1.17 trillion.
P3,270,171,630,280.18. 9. Metropolitan Bank & Trust (Metrobank) P3,057,147,730,887.12. Aboitiz-owned UBP came in as the second top bank in the list. It was followed by digital banks Maya, OFBank ...
The Philippines banking system is comprehensive and encompasses different types of banks. These banks range from large banks, small banks, savings banks, rural banks, thrift banks, and digital banks – under the regulation and supervision of the Bangko Sentral ng Pilipinas (BSP). Based on the BSP circular, under the General Banking Act of 2000, the… Read More »List Of Banks In The Philippines