Top 20 Banks in the Philippines, by Assets as of March 2011

8.07.2011

Here is a list of the TOP 20 Banks in the Philippines (Commercial and Universal Banks) based on total assets as of MARCH 2011. Data is sourced from the Bangko Sentral ng Pilipinas.

RANK   BANK ASSETS in PREVIOUS
BILLION PESOSRANK
1 Banco de Oro Unibank Inc. BDO 938.3231
2 Metropolitan Bank and Trust Co. METROBANK   778.2733
3 Bank of the Philippine Islands BPI 622.9472
4 Land Bank of the Philippines LANDBANK 604.1284
5 Philippine National Bank PNB 304.701 5
6 Development Bank of the Philippines DBP 296.2976
7 Rizal Commercial Banking Corp. RCBC 262.1937
8 Union Bank of the Philippines UNION BANK 244.8799
9 China Banking Corp CHINABANK 232.3638
10 Citibank NA CITIBANK 202.62410
11 Security Bank Corp. SECURITY BANK183.55012
12 United Coconut Planters Bank UCBP 174.86711
13 Allied Banking Corp ALLIED BANK 160.77514
14 Hongkong & Shanghai Banking Corp HSBC 138.97813
15 Bank of Commerce BANCOM 102.26515
16 Philippine Trust Co PHILTRUST  96.38316
17 East West Banking Corp EASTWEST  75.65217
18 Standard Chartered Bank STANDARD  75.64418
19 Philippine Veterans Bank VETERANS  54.87819
20 Asia United Bank Corp. 48.94121

Twelve of the Top 20 banks decreased in total assets as of March 2011. The banks that increased their assets in the first quarter of 2011 were the following banks:

  • Metrobank
  • Landbank
  • Philippine National Bank
  • Security Bank
  • Allied Bank
  • Philippine Trust Co.
  • Standard Chartered Bank
  • Asia United Bank

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