8.04.2014

40 Top Savings Banks in the Philippines, by Assets, Mar 2014

By Nora
Here are the 40 top savings banks in the Philippines, based on total assets as of March 2014, sourced from data published by the Bangko Sentral ng Pilipinas on its website.

Only these 40 savings banks out of 69 savings banks or thrift banks surpassed the one-billion-peso mark in total assets as of March 2014.

RANK    BANKASSETSRANK
MARBILLION    DEC
2014PESOS2013
 1.  BPI Family206.6391
 2.  PSBank139.9152
 3.  RCBC Savings 68.8083
 4.  Planters Development 50.0244
 5.  Philippine Business 49.1285
 6.  City Savings 34.6196
 7.  HSBC Savings 27.2247
 8.  Sterling Bank 26.9548
 9.  China Bank Savings 19.0969
10.  Allied Savings 14.93812
11.  UCPB Savings 12.65610
12.  BPI Direct Savings 12.37011
13.  Security Bank Savings 11.14514
14.  First Consolidated 10.62413
15.  PR Savings  9.64216
16.  Producers Savings  8.05517
17.  Philippine Postal  7.74919
18.  Real Bank  7.65418
19.  Malayan Bank Savings  7.04420
20.  1st Valley Bank  6.82522
21.  Citibank Savings  6.66615
22.  Equicom Savings  6.46121
23.  Wealth Development  5.16623
24.  Luzon Development  4.02224
25.  Citystate Savings  3.64225
26.  United Overseas  2.57731
27.  Legazpi Savings Bank  2.47523
28.  Penbank  2.30927
29.  Enterprise Bank  2.10228
30.  Queen City Development  1.74630
31.  ComSavings Bank  1.70829
32.  Optimum Development  1.42932
33.  BPI Globe Banko  1.38926
34.  Hiyas Banking  1.35134
35.  Bank One Savings  1.29235
36.  CARD SME Bank  1.25037
37.  Dumaguete City Development      1.20136
38.  Century Savings  1.15938
39.  Tong Yang Savings  1.11739
40.  Isla Bank  1.05640

Ranking of Smaller Savings Banks, by Assets, March 2014

NOTES:
. 1st Valley Bank upgraded from rural bank to thrift bank on August 1, 2013,
   following its acquisition of Community Rural Bank of Clarin (Misamis Occidental) Inc.
   It ranked 22nd in total assets among all savings banks in December 2013, with an asset total of 6.265 billion pesos.
   It moved up to No. 20, posting an asset total of 6.825 billion pesos, in the January to March 2014 quarter.

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