2.20.2016

Ranking of Smaller Savings Banks, by Assets, Sep 2015

By Nora
Here's a ranking of the smaller savings banks in the Philippines, based on assets as of September 2015. These are banks with less than 1 billion in total assets.

The ranking for the bigger savings banks is here:
No. 1 to No. 38
Top Savings Banks, by Assets, September 2015

The following banks are savings banks with less than 1 billion in total assets as of September 2015.

RANK          BANKASSETSRANK
SEPTEMBERin MILLIONSEPTEMBER
2015PESOS2014
39University Savings Bank860.4841
40BPI Globe Banko859.51_
41Merchants Savings and Loan Assn773.3839
42Farmers Savings and Loan Bank613.0642
43Sun Savings Bank600.0643
44Northpoint Development Bank548.2046
45Village Bank520.2944
46Opportunity Kauswagan Bank460.8845
47Tower Development Bank449.9451
48Palawan Bank408.3947
49Cordillera Savings Bank387.1748
50Bataan Development Bank365.7549
51Pampanga Development Bank351.4950
52Business and Consumers Bank291.9952
53Life Savings Bank266.0353
54Bataan Savings and Loan Bank249.3054
55Metro Cebu Public Savings Bank222.6155
56Lemery Savings and Loan Bank208.5256
57Dungganon Bank207.0560
58Inter-Asia Development Bank205.6659
59Pacific Ace Savings Bank195.3257
60Maritime Savings Bank166.7358
61Malasiqui Progressive Savings121.2763

  and Loan Bank
62Phil Star Development Bank119.8062
63Microfinance Maximum Savings Bank    119.26_
64MBank Philippines116.56_
65Quezon Coconut Bank105.6164
66Progress Savings and Loan Bank 89.8561
67Sampaguita Savings Bank 75.3865


NOTES: 

  No. 40   BPI Globe Banko was not ranked in the Sep 2014 ranking.
  
  No. 62   Phil Star Development Bank was ranked the same in the September 2014 asset ranking under its previous name Pride Star Development Bank. Change of name was authorized by the BSP on February 26, 2014 and was approved by the SEC in July 2014.


 No. 63  Microfinance Maximum Savings Bank was not ranked in the Sep 2014 ranking

 No. 64  MBank Philippines 
first appeared on the March 2015 asset ranking.
              MBank started its operations as a microfinance-oriented thrift bank on October 16, 2013.

 BDO Elite Savings Bank was No. 40 in the September 2014 asset ranking. Its request for the cancellation of its banking and trust licenses was approved by the BSP in August 2015.

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