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 Bank | Assets | Previous |
in BILLION | Rank | |
Pesos | ||
1. BPI Family Savings Bank | 141.014 | 1 |
2. Philippine Savings Bank | ||
(PSBank) | 116.799 | 2 |
3. RCBC Savings Bank | 59.348 | 3 |
4. Planters Development Bank | 53.998 | 4 |
5. Philippine Business Bank | 27.832 | 7 |
6. Sterling Bank of Asia | 27.624 | 5 |
7. HSBC Savings Bank (Phils) | 26.726 | 6 |
8. City Savings Bank | 15.757 | 8 |
9. Citibank Savings | 12.230 | 9 |
10. The Real Bank | 10.054 | 10 |
11. First Consolidated Bank | 9.148 | 11 |
12. BPI Direct Savings Bank | 8.468 | 12 |
13. Philippine Resources Savings | ||
Banking Corp. (PR Savings Bank) | 8.101 | * |
14. China Savings Bank | 7.169 | 16 |
15. Philippine Postal Savings Bank | 7.040 | 15 |
16. UCPB Savings Bank | 7.033 | 13 |
17. Malayan Bank Savings | ||
& Mortgage Bank | 5.981 | 17 |
18. Premiere Development Bank | 5.460 | 18 |
19. Equicom Savings Bank | 4.559 | 19 |
20. Producers Savings Bank | 4.548 | 14 |
21. Allied Savings Bank | 3.963 | 20 |
22. Luzon Development Bank | 2.698 | 23 |
23. Wealth Bank | ||
A Development Bank | 2.598 | 24 |
24. BPI Globe Banko Savings Bank | 2.426 | 25 |
25. Citystate Savings Bank | 2.416 | 22 |
26. United Overseas Bank Phils | 2.006 | 21 |
27. Legazpi Savings Bank | 1.979 | 27 |
28. GSIS Family Bank | 1.956 | 26 |
29. Penbank Inc. | 1.947 | 28 |
30. Queen City Development Bank | 1.592 | 30 |
31. BDO Elite Savings Bank | 1.521 | 29 |
32. Tong Yang Savings Bank | 1.372 | 31 |
33. Hiyas Banking Corp. | 1.231 | 32 |
34. Optimum Development Bank | 1.220 | 36 |
35. World Partners Bank | 1.218 | 37 |
36. Century Savings Bank | 1.102 | 34 |
37. Bank One Savings and Trust | 1.089 | 35 |
38. Isla Bank, A Thrift Bank | 1.076 | 33 |
39. Dumaguete City Development Bank | 1.071 | 38 |
* 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.