6.04.2012

Best Banks in the Philippines, by Deposits Dec 2011

By Nora

According to depositors as of December 2011, here are the best banks in the Philippines. Deposits mean votes towards banks. Sabi ng depositor, "Sa banko na ito, dito ko ilagay ang pera ko."

Depositors have various reasons in choosing a bank in which to deposit their money:
- It's one of the biggest banks
- It's near my house, my work or my business
- It offers higher time deposit rates
- It has a lot of ATMs. It's everywhere
- It's in the mall where I usually go, and it's even open on weekends and holidays
- It has remittance partners in the country where I work
- It's recommended by my friend or relative
- It's where my payroll account is
- It has an instant-credit ATM deposit system
- I've heard it gives out scholarships and manages social programs
- Etc.

Here are the 37 Commercial/Universal Banks in the Philippines, ranked based on Total Deposits as of December 2011, as published on the BSP website.

Rank       Bank                         Deposits       Rank     Rank
                                                    Billion         Mar       Dec
                                                                       2011        2010

1   BDO                                    837.008             1             1
2   METROBANK                     581.636             2            3
3   BPI                                       544.480             3            2
4   LANDBANK                        507.311             4            4
5   PNB                                     238.070             5            5
6   CHINABANK                       211.973           7             6
7   UNION BANK                      206.770             6            7
8   RCBC                                   204.040             8            8
9   UCBP                                   160.960             9            9
10 DBP                                      158.370            12          11
11 CITIBANK                             141.962           11           12
12 ALLIED BANK                      135.663           10           10
13 SECURITY BANK                 120.008           13           13
14 PHILTRUST                            87.595          15            16
15 HSBC                                      82.908          16            14
16 EASTWEST                            75.693           17           17
17 BANCOM                               71.808           14           15
18 VETERANS                             44.753          18           18
19 AUB                                        38.082           20           19
20 STANDARD CHTRD               31.229          19            20
21 MAYBANK                              29.680
22 BANK OF TOKYO                  28.540
23 PBCOM                                  27.818
24 MIZUHO MANILA                  25.624
25 ROBINSONS                         25.188
26 ANZ                                        22.032
27 BDO PRIVATE BANK            21.288
28 JP MORGAN CHASE           19.535
29 DEUTSCHE BANK               17.919
30 CHINATRUST                      17.281
31 BANK OF AMERICA           11.634
32 KOREA EXCHANGE             4.448
33 BANK OF CHINA MLA          4.407
34 MEGA INTERNATIONAL      1.716
35 BANGKOK BANK MLA         1.680
36 ING BANK                              0.659
37 AL-AMANAH ISLAMIC          0.237


Top 20 Banks in the Philippines Based on Deposits Dec 2010
Top Banks by Deposits, March 2011
Richest Cities in Metro Manila, Based on Bank Deposit Accounts as of June 2011
Number of Bank Accounts, Bank Deposits and Offices in Metro Manila
Top 10 Banks in the Philippines based on Assets, Deposits and Capital, Sep 2010

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