Top Savings Banks in the Philippines by March 2011 Assets

Here are the top savings banks in the Philippines based on total assets as of March 2011, published by the Bangko Sentral ng Pilipinas on its website.

Rank  Savings Bank Assets in Billion Pesos
As of Dec 2010 as of March 2011
1. BPI Family Savings Bank 138.696 126.472
2. Philippine Savings Bank (PSBank) 103.419 103.696
3. RCBC Savings Bank 57.816 52.894
4. Planters Development Bank 50.755 51.803
5. HSBC Savings Bank (Phils) 25.390 26.514
6. Sterling Bank of Asia 23.675 24.133
7. Philippine Business Bank 22.153 23.170
8. Robinsons Savings Bank 21.854 23.069
9. The Real Bank 11.881 10.795
10. Citibank Savings 7.003 9.942
11. City Savings Bank 8.994 9.377
12. First Consolidated Bank 7.322 7.060
13. BPI Direct Savings Bank 5.889 6.288
14. UCPB Savings Bank 6.168 6.094
15. Malayan Bank Savings & Mortgage Bank   5.968   5.706
16. China Savings Bank 5.103 5.512
17. Premiere Development Bank 5.455 5.255
18. Philippine Postal Savings Bank 5.317 5.184
19. Producers Savings Bank 5.788 4.576
20. Equicom Savings Bank 3.998 4.091
21. Allied Savings Bank 3.488 4.065
22. Citystate Savings Bank 2.475 3.496
23. GSIS Family Bank 3.575 2.582
24. Luzon Development Bank 2.485 2.479
25. United Overseas Bank Phils 2.439 2.287
26. Wealth Bank A Development Bank 2.060 2.029
27. Legaspi Savings Bank 1.912 1.907
28 Penbank Inc. 1.628
29. BDO Elite Savings Bank 1.474 1.482
30. Queen City Development Bank 1.439 1.462
31. World Partners Bank 1.334 1.354
32. Tong Yang Savings Bank 1.246 1.334
33. BPI Globe Banko Savings Bank 1.132 1.293
34. Dumaguete City Development Bank 1.079 1.240
35. Hiyas Savings and Loan Bank 1.238 1.216
36. Optimum Development Bank 1.157 1.131
37. Isla Bank 1.062 1.095
38. Century Savings Bank 1.061 1.074
39. Bank One Savings 1.121 1.070

*** Penbank, Inc. A Private Development Bank was formerly Peninsula Rural Bank, Inc.

*** LBC Development Bank, ranked 13th as of December 2010, with total assets of 6.391 billion pesos as of December 2010, was closed by the Bangko Sentral ng Pilipinas on September 9, 2011. Its return on equity as of December 2010 was 0.47 percent and its ratio of non-performing loans to total loan portfolio was 27.29 percent.

***The savings banks that had blank March 2011 financial sheets on the BSP website were the following:

Silangan Savings and Loan Bank, Inc., a one-office bank in Silang, Cavite, has had no financial reports on the BSP website since December 2009, and possibly earlier. (I researched only up to Dec 2009)

Inter-Asia Development Bank, a two-office bank in Tagaytay City, had total assets of 88.419 million pesos and a return on equity of -25.19 percent as of December 2010.

Related Articles:
Top Savings Banks in the Philippines by Assets December 2010
Top Savings Banks in the Philippines by ROE December 2010 
Top 20 Banks in the Philippines by Assets March 2011

Leave a Reply

Your email address will not be published. Required fields are marked *

BanksPhilippines © 2018 Frontier Theme