Top Banks in the Philippines, by Assets, March 2014

8.03.2024


There are now two trillionaire Philippine banks -- BDO and Metrobank.

BDO first surpassed the one-trillion-peso-asset mark in June 2011 -- more than 2 years before Metrobank did in September 2013.

PNB got into the Top 5 list in the first quarter of 2013 after completing its merger with sister company Allied Bank in February 2013.

TOP 17 Banks -- with Over One Hundred Billion in Total Assets



RANK  BANKASSETS in RANK
MAR 2014BILLION PESOS   DEC 2013
1 BDO1,601.9221
2 METROBANK1,151.5062
3 BPI   994.5273
4 LANDBANK   873.7354
5 PNB   565.8555
6 DBP   424.0396
7 CHINABANK   387.8607
8 UNION BANK   374.2839
9 SECURITY BANK   368.09510
10 RCBC   354.7798
11CITIBANK   278.77611
12 UCBP   265.50312
13 HSBC   203.76913
14 EASTWEST   148.94914
15 PHILTRUST     122.20815
16 BANCOM   119.81016
17 AUB    110.45117
No. 18 to No. 34
18 DEUTSCHE BANK 83.82119
19 STANDARD CHARTERED     79.57218
20 MAYBANK  71.34720
21PBCOM  58.66421
22 BANK of TOKYO 58.30124
23 VETERANS  58.00322
24 ANZ 56.55223
25 JP MORGAN CHASE 52.52126
26ROBINSONS BANK 46.43325
27BDO PRIVATE 37.44827
28ING BANK 35.58329
29MIZUHO 33.28928
30CTBC 26.83630
31BANK OF AMERICA 19.75131
32KOREA EXCHANGE 11.35432
33MEGA ICB 11.03533
34BANK OF CHINA 10.66834
No. 35 to No. 36
35BANGKOK BANK  6.95235
36AL-AMANAH  0.65236


Notes:

1.  Of the Top 17 banks, 3 banks changed places -- Nos. 8, 9 and 10; the 14 others retained their rankings.

2.  BDO's total assets decreased from 1,629.853 to 1,601.922 billion but it retained its No. 1 ranking in total assets.

3.  RCBC fell from No. 8 to No. 10, with assets falling from 366.452 to 354.779 billion.

4.  Metrobank first surpassed the one-trillion-asset mark in the 3rd quarter last year (July to September 2013).

5.  CTBC Bank (Philippines) Corp. has been the new name of Chinatrust (Philippines) Commercial Bank Corporation since November 2013. Its parent holding company, CTBC Financial Holding Co., Ltd. (formerly Chinatrust Financial Holding Co. Ltd.) is the most awarded bank in Taiwan and one of the 200 biggest banks in the world based on capital.

6.  PNB was No. 6 based on total assets in the 2nd, 3rd and 4th quarters of 2012.
After acquiring Allied Bank in February 2013, it moved up to No. 5

7.  Allied Savings Bank, the thrift subsidiary of Allied Bank, is now the thrift subsidiary of PNB.

8.  Bank of Tokyo moved up from No. 24 to No. 22.

9.  The upgrade of Asia United Bank Corp. from a commercial bank to a universal bank was approved by the BSP on February 28, 2013 and was announced by the BSP on January 3, 2014.

 
 
 
 
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