3.15.2017

Top Rural Banks in the Philippines, by Deposits, September 2016

By Nora

Finally, after a long time, the BSP has decided to publish the balance sheets of rural banks. I'm glad that when I checked my previous ranking of rural banks using data from various sources, I got most of the leading rural banks correct.

I heard an argument before that publishing rural banks' rankings will have a bad impact on rural banks, like maybe killing the smallest rural banks. On the contrary, ranking the top rural banks will inspire more competition, more efforts to be efficient and innovative, and hopefully lead to mergers and consolidations that will give rise to stronger rural banks.


Here are the Top Rural Banks in the Philippines, based on Total Deposits

as of September 2016, as published by the BSP on its website.

RANK   RURAL BANK TOTAL DEPOSITS
BILLION PESOS
 
1 One Network Bank 22.65
2 East West Rural Bank 9.77
3 Card Bank 5.67
4 Guagua Rural Bank 3.03
5 Quezon Capital RB 2.82
6 First Isabela Coop Bank 2.03
7 AMA Rural Bank of Mandaluyong 2.00
8 GM Bank of Luzon 1.93
9 BOF Inc. A Rural Bank 1.87
10 Banco Dipolog 1.85
11 Rang-ay Bank 1.73
12 Metro South Coop Bank 1.63
13 Country Builders Bank 1.56
14 Agribusiness Rural Bank 1.53
15 Cantilan Bank 1.52
16 Summit Bank 1.46
17 Bangko Mabuhay 1.19
18 RB of Porac (Pampanga) 1.15
19 Katipunan Bank 1.04
MILLION PESOS
20 MVSM Bank 970.19
21 RB of Cauayan 938.96
22 Insular Savers Bank 937.24
23 RB of Pandi (Bulacan) 915.92
24 Rizal Bank 876.11
25 Consolidated Cooperative Bank 874.46
26 Mt Carmel Rural Bank 852.73
27 Tanay RB 850.15
28 PlanBank 830.05
29 RB of central Pangasinan 817.32
30 Imus Rural Bank 793.28
31 RB of Magdalena (Laguna) 779.77
32 Aspac Rural Bank 773.17
33 Camalig Bank 769.99
34 RB of Angeles 738.93
35 Gateway Rural Bank 703.46
36 First Tagum Rural Bank 673.56
37 RB of Barili (Cebu) 653.29
38 1st Macro Bank 652.63
39 Mount Makiling Rural Bank 642.26
40 Coop Bank of Cotabato 641.09
41 Bankways Inc. (A Rural Bank) 629.87
42 Zambales Rural Bank 626.78
43 Marayo Bank Inc. (A Rural Bank) 606.49
44 Tiaong RB 605.96
45 Valiant Bank Inc. (A Rural Bank) 595.16
46 Cooperative Rural Bank of Misamis Oriental    583.79
47 Coop Bank of Benguet (CBB) 573.63
48 Highland Rural Bank 514.43
49 RB of Bambang (Nueva Vizcaya) 513.31
50 Lifebank - A Rural Bank 512.60
51 Malarayat RB 507.28
52 Coop Bank of Quezon Province 500.78

Top Rural Banks in the Philippines, by TOTAL ASSETS, as of September 2016


Complete Names of Banks with Longer Names:

One Network Bank Inc. (A Rural Bank)
Card Bank Inc. (A MF RB)
First Isabela Coob Bank Inc. (FicoBank)
GM Bank of Luzon Inc. (A Rural Bank)
Banco Dipolog Inc. (A Rural Bank)
Rang-ay Bank Inc. (A Rural Bank)
Country Builders Bank Inc. (A Rural Bank)
Cantilan Bank Inc. (A Rural Bank)
Summit Bank (RB of Tublay Inc.)
Bangko Mabuhay (A Rural Bank) Inc.
Katipunan Bank "A Rural Bank"
MVSM Bank (A Rural Bank Since 1953) Inc.
Insular Savers Bank Inc. (A Rural Bank)
Rizal Bank A Microfinance-Oriented Rural Bank
PlanBank "RB of canlubang Planters Inc"
RB of central Pangasinan (Bayambang) Inc.
Camalig Bank Inc. (A Rural Bank)
1st Macro Bank Inc. (A Rural Bank)

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