10.23.2011

Number of Bank Accounts, Bank Deposits and Offices in Metro Manila

By Nora
Which is the richest city in Metro Manila?

What would be our basis? Could be tax revenues, number of big buildings, land area, population, salaries of city officials? We could also use bank accounts, bank deposits and bank branches as basis. Certainly, banks locate their offices where they can make money.

The following data is sourced from the Philippine Deposit Insurance Corp. (PDIC) reports, which are also based on financial reports submitted by banks.

Cities with the Highest Amount of Bank Deposits
As of December 31, 2010 (rounded off)

City

Amount of Bank Deposits in Pesos
Makati1.32 trillion
Manila603.43 billion
Quezon City    521.21 billion
Pasig 250.56 billion
Mandaluyong155.72 billion
Pasay 103.32 billion
San Juan89.25 billion
Taguig 88.53 billion
Paranaque85.57 billion
Kaloocan80.93 billion
Muntinlupa62.96 billion
Las Pinas32.46 billion
Valenzuela31.55 billion
Marikina29.26 billion
Malabon 21.16 billion
Navotas8.83 billion
Pateros2.80 billion

Cities with the Highest Number of Bank Accounts
As of December 31, 2010

City



Number of Bank Accounts
Makati6,838,913
Mandaluyong2,803,277
Quezon City    2,696,172
Manila2,168,332
Pasig825,913
Paranaque571,583
Pasay414,539
Muntinlupa386,554
Kaloocan384,456
Las Pinas301,294
San Juan 283,946
Marikina283,677
Taguig272,787
Valenzuela208,014
Malabon130,871
Navotas58,144
Pateros37,638

Cities with the Highest Number of Bank Offices
As of December 31, 2010

City


Number of Bank Offices
Quezon City    653
Manila567
Makati418
Pasig181
Paranaque142
Mandaluyong109
Kaloocan100
Muntinlupa98
San Juan89
Pasay 82
Taguig82
Las Pinas76
Marikina 73
Valenzuela64
Malabon 43
Navotas20
Pateros 11

* Bank offices include bank headquarters, branches, and branch outlets.

Note: If this post based on PDIC figures has differences with reports from other agencies, these could be traced to some figures based on the next most recent reports in cases of banks delayed in submitting reports.

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