3.12.2015

Top 38 Savings Banks in the Philippines, Sep 2014

By Nora
Here are the Top Savings Banks in the Philippines, based on Total Assets as of September 2014, with data sourced from the BSP website.

RANK    BANKASSETSRANK
SEPBILLION    JUNE
2014PESOS2014
 1.  BPI Family210.8761
 2.  PSBank150.1282
 3.  RCBC Savings 73.8343
 4.  Philippine Business 53.4654
 5.  City Savings 51.6646
 6.  Planters Development 49.0135
 7.  Sterling Bank 33.2327
 8.  HSBC Savings 26.4168
 9.  China Bank Savings 20.0569
10.  Allied Savings 15.51210
11.  UCPB Savings 13.18311
12.  BPI Direct Savings 12.65112
13.  First Consolidated 11.78014
14.  Security Bank Savings 11.48913
15.  PR Savings 10.11915
16.  Philippine Postal  8.93617
17.  Producers Savings  8.14516
18.  Equicom Savings  6.85620
19.  1st Valley Bank  6.76619
20.  Malayan Bank Savings  6.66518
21.  Wealth Development  5.79722
22.  Luzon Development  4.39923
23.  Citystate Savings  3.78324
24.  United Overseas  3.09225
25.  Legazpi Savings 2.76127
26.  Penbank  2.63026
27.  Enterprise Bank  2.14828
28.  Queen City Development  1.74329
29.  ComSavings Bank  1.59530
30.  Optimum Development  1.56131
31.  CARD SME Bank  1.48932
32.  Hiyas Banking  1.37033
33.  Bank One Savings  1.31134
34.  Century Savings  1.26236
35.  Tong Yang Savings  1.18339
36.  Dumaguete City Development      1.15437
37.  Isla Bank  1.15338


NOTES:

1. BPI Globe Banko is one of these top 38 thrift banks, but its financial report as of September 2014 is not yet on the BSP website.
It ranked No. 35 in June 2014, with total assets of 1.235 billion

2.  Citibank Savings, which ranked No. 21 in June 2014 with total assets of 5.815 billion, was acquired by BDO in 2014 from Citigroup. It will be renamed Banco De Oro Savings Bank

3. Real Bank ranked No, 18 in March 2014 with total assets of 7,654 billion. Its financial reports for June and September 2014 are not yet available on the BSP website.  Real Bank signed a deal to be acquired by BDO in June 2014. See Bank Mergers in 2014

4. Legazpi Savings Bank is now a wholly owned subsidiary of Robinsons Bank. Robinsons Bank completed its acquisition of Legazpi Savings Bank in December 2012.

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