Here are the top commercial/universal banks in the Philippines, based on total assets as of September 2014.
There are now three trillionaire Philippine banks -- BDO, Metrobank and BPI.
BPI joined BDO and Metrobank in their 3-member-only trillionaire club in June 2014.
Landbank will most likely be the next trillionaire.
BDO first surpassed the one-trillion-peso-asset mark in June 2011 -- more than 2 years before Metrobank did in September 2013.
And Metrobank surpassed the one-trillion-peso-asset mark 9 months before BPI did in June 2014.
PNB moved up to No. 5, behind LandBank, in the first quarter of 2013, after completing its merger with sister company Allied Bank in February 2013.
TOP 17 Banks -- Banks with Over One Hundred Billion in Total Assets
|SEP 2014||BILLION PESOS||JUNE 2014|
|No. 18 to No. 33|
|22||JP MORGAN CHASE||65.355||23|
|23||BANK of TOKYO||58.747||25|
|31||BANK OF CHINA||14.557||32|
|32||BANK OF AMERICA||13.803||31|
|No. 34 to No. 36|
Top banks in the Philippines, by assets as of September 2014