11.11.2013

20 Biggest Banks in the Philippines, by Assets June 2013

By Nora
Below is a list of the Biggest Banks in the Philippines based on total assets as of June 2013.

Since BDO surpassed the one-trillion-peso-asset mark in June 2011, it is still the only Philippine bank with more than one trillion pesos in total assets.

PNB broke into the Top 5 list in the first quarter of this year after finalizing its merger with its sister company Allied Bank in February 2013.

RANK  BANKASSETS in RANK
JUNE 2013BILLION PESOS   MAR 2013
1 BDO1,307.1911
2 METROBANK  992.4752
3 BPI  808.7593
4 LANDBANK  681.1374
5 PNB  540.0335
6 DBP  349.5156
7CHINABANK  330.4827
8 RCBC  316.5958
9UNION BANK  313.6409
10SECURITY BANK  285.49310
11CITIBANK  255.95411
12 UCBP  230.51112
13 HSBC  177.32713
14 EASTWEST  124.72614
15 PHILTRUST    117.36415
16 BANCOM  108.27816
17 AUB     79.21619
18 STANDARD CHARTERED        75.42317
19 DEUTSCHE BANK    65.66420
20 MAYBANK     65.03521
No. 21 to No. 32
21 JP MORGAN CHASE    59.69918
22 VETERANS     57.68622
23 ANZ                                              53.82023
24 PBCOM     50.85424
25 BANK of TOKYO    50.10425
26ROBINSONS BANK    42.48827
27ING BANK    33.84628
28MIZUHO    32.18826
29CHINATRUST    26.65729
30BDO PRIVATE    25.75630
31BANK OF AMERICA    16.13031
32KOREA EXCHANGE    10.69232
No. 33 to No. 36
33BANK OF CHINA     9.26234
34MEGA ICB     9.05333
35BANGKOK BANK     5.87835
36AL-AMANAH     0.66836
 
Notes: 
PNB was No. 6 based on total assets in the 2nd, 3rd and 4th quarters of 2013. After acquiring Allied Bank in February 2013, it moved up by one rank.

Allied Bank's thrift subsidiary Allied Savings Bank is still named Allied Savings Bank in BSP's list of thrift banks.

The 3 government banks are:
.  Landbank
.  DBP
.  Al-Amanah  (the only Philippine bank authorized to offer Islamic banking; operating as subsidiary of DBP)

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