3.12.2013

Smaller Savings Banks in Philippines, Assets June 2012

By Nora

Here's a ranking of the smaller savings banks in the Philippines -- those that had less than 1 Billion Pesos in Total Assets as of June 2012, based on banks' financial statements published on the Bangko Sentral ng Pilipinas website.

RANK     SAVINGS BANK                     ASSETS     RANK
                                                               in MILLION   Dec
                                                                    PESOS      2011

40.   Card SME Bank, A Thrift Bank               816            41
41.   Farmers Savings and Loan Bank            657            40
42.   University Savings Bank                         645            39
43.   Opportunity Kauswagan Bank,
       A Microfinance Thrift Bank                     457            42
44.   Village Bank, A Thrift Bank                   425             43
45.   Cordillera Savings Bank                         392             44
46.   Bataan Development Bank                     336             46
47.   Iloilo City Development Bank                 316             45
48.   Bataan Savings
       and Loan Bank                                        263            49
49.   Life Savings Bank                                   246            51
50.   Pampanga Development Bank                   246         48
51.   Business and Consumers Bank
       A Development Bank                              245            50
52.   Lemery Savings and Loan Bank              196            53
53.   Metro Cebu Public Savings Bank            191           52
54.   Tower Development Bank                       186           54
55.   Maritime Savings Bank                            177           56
56.   Pacific Ace Savings Bank                        173           55
57.   Sun Savings Bank                                    141           61
58.   Progress Savings and Loan Bank             135           57
59.   Malasiqui Progressive Savings
       and Loan Bank                                         131          58
60.   Pride Star Development Bank                  117          59
61.   Dungganon Bank, A Microfinance
       Thrift Bank                                                111          64
62.   Microfinance Maximum
     Savings Bank                                              110           62  
63.   Sampaguita Savings Bank                        109          60
64.   Quezon Coconut Producers
       Savings and Loan Bank                              99          63
65.   Silangan Savings and Loan Bank               86            -
66.   Northpoint Development Bank                   52           65


Click this to see the Top 39 savings banks based on assets as of June 2012

Note:

Liberty Savings Bank, located in Bulacan, which was previously 47th in assets as of December 2011, changed to a rural bank named Liberty Bank, A Rural Bank in April 2012.

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