Top Savings Banks in the Philippines by Deposits March 2011

Saang savings bank kayo nagde-deposit? O sa commercial/universal banks lang kayo?

Here are the top savings banks in the Philippines based on total deposits as of March 2011, as sourced from reports of the Bangko Sentral ng Pilipinas (BSP) on its website.

RANK   SAVINGS BANK DEPOSITS in BILLION PESOS
1. BPI Family Savings Bank 109.219
2. Philippine Savings Bank (PSBank) 89.804
3. RCBC Savings Bank 44.288
4. Planters Development Bank 40.042
5. HSBC Savings Bank (Phils) 22.615
6. Sterling Bank of Asia 21.668
7. Robinsons Savings Bank 19.736
8. Philippine Business Bank 18.387
9. Citibank Savings 9.571
10. The Real Bank 9.564
11. BPI Direct Savings Bank 5.639
12. City Savings Bank 5.575
13. First Consolidated Bank 4.495
14. Philippine Postal Savings Bank 4.428
15. Malayan Bank Savings & Mortgage Bank      4.418
16. Premiere Development Bank 4.284
17. UCPB Savings Bank 4.077
18. Equicom Savings Bank 3.608
19. BDO Elite Savings Bank 3.489
20. Allied Savings Bank 3.031
21. China Savings Bank 2.598
22. Producers Savings Bank 2.329
23. Luzon Development Bank 1.964
24. GSIS Family Bank 1.854
25. Legaspi Savings Bank 1.761
26. Wealth Bank A Development Bank 1.581
27. Citystate Savings Bank 1.538
28. United Overseas Bank Phils 1.380
29. World Partners Bank 1.158
30. Hiyas Savings and Loan Bank 1.056
31. Dumaguete City Development Bank 1.033

In its March 2011 financial report, closed bank LBC Development Bank reported that it had 5.758 billion pesos in total deposits.

The March 2011 balance sheet pages of these banks are empty:

– Asiatrust Development Bank (for sale, major shareholders are the Asian Development Bank (ADB) and the Social Security System (SSS))
– Express Savings Bank (closed on July 7, 2011)
– Silangan Savings and Loan Bank Inc. (Silang, Cavite)
– Inter-Asia Development Bank (Tagaytay City)

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