9.16.2012

Top 39 Savings Banks in the Philippines, Assets March 2012

By Nora
Here are the Top 39 Savings Banks in the Philippines, based on Total Assets as of March 2012. Data is sourced from balance sheets published by the Bangko Sentral ng Pilipinas (BSP).

39 out of 69 savings banks in the Philippines surpassed the one-billion mark in total assets as of March 2012.

Rank      Savings BankAssetsPrevious
in BILLION Rank
Pesos
 1. BPI Family Savings Bank141.0141
 2. Philippine Savings Bank
     (PSBank)116.7992
 3. RCBC Savings Bank59.3483
 4. Planters Development Bank53.9984
 5. Philippine Business Bank27.8327
 6. Sterling Bank of Asia27.6245
 7. HSBC Savings Bank (Phils)26.7266
 8. City Savings Bank15.7578
 9. Citibank Savings12.2309
10. The Real Bank10.05410
11. First Consolidated Bank9.14811
12. BPI Direct Savings Bank8.46812
13. Philippine Resources Savings
     Banking Corp. (PR Savings Bank)8.101*
14. China Savings Bank7.16916
15. Philippine Postal Savings Bank7.04015
16. UCPB Savings Bank7.03313
17. Malayan Bank Savings
      & Mortgage Bank5.98117
18. Premiere Development Bank5.46018
19. Equicom Savings Bank4.55919
20. Producers Savings Bank4.54814
21. Allied Savings Bank3.96320
22. Luzon Development Bank2.69823
23. Wealth Bank
      A Development Bank2.59824
24. BPI Globe Banko Savings Bank    2.42625
25. Citystate Savings Bank2.41622
26. United Overseas Bank Phils2.00621
27. Legazpi Savings Bank 1.97927
28. GSIS Family Bank1.95626
29. Penbank Inc.1.94728
30. Queen City Development Bank1.59230
31. BDO Elite Savings Bank1.52129
32. Tong Yang Savings Bank1.37231
33. Hiyas Banking Corp.1.23132
34. Optimum Development Bank1.22036
35. World Partners Bank1.21837
36. Century Savings Bank1.10234
37. Bank One Savings and Trust1.08935
38. Isla Bank, A Thrift Bank1.07633
39. Dumaguete City Development Bank1.07138


* Philippine Resources Savings Banking Corp (PR Savings Bank), formerly Philippine Rural Banking Corp. (PR Bank), started operating as a savings bank or thrift bank in November 2011. It entered the March 2012 savings bank asset chart as 13th biggest in total assets with 77 offices. It's based in Cauayan City, Isabela and headed by its CEO and President Roberto P. Alingog. It's a member of the Chamber of Thrift Banks.

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