Top Banks by Deposits March 2011

Where are you depositing your money? In a bank offering interest rates much higher than those offered by bigger banks? Or in a bank that has been stable through the years and that has survived the tumults of the financial world?

Based on total deposits as of March 31, 2011, these are the commercial and universal banks in the Philippines most favored and most trusted by depositors. Data is sourced from the Bangko Sentral ng Pilipinas.

RANK   BANK DEPOSITS in PREVIOUS
BILLION PESOS RANK
1 Banco de Oro Unibank Inc. BDO 730.125 1
2 Metropolitan Bank and Trust Co. METROBANK   622.444 3
3 Bank of the Philippine Islands BPI 488.602 2
4 Land Bank of the Philippines LANDBANK 480.927 4
5 Philippine National Bank PNB 232.747 5
6 Union Bank of the Philippines UNION BANK 195.451 7
7 China Banking Corp CHINABANK 192.599 6
8 Rizal Commercial Banking Corp. RCBC 170.949 8
9 United Coconut Planters Bank UCBP 144.535 9
10 Allied Banking Corp ALLIED BANK 132.005 10
11 Citibank NA CITIBANK 124.220 12
12 Development Bank of the Philippines DBP 123.579 11
13 Security Bank Corp. SECURITY BANK 106.340 13
14 Bank of Commerce BANCOM 83.645 15
15 Philippine Trust Co PHILTRUST  82.468 16
16 Hongkong & Shanghai Banking Corp HSBC 79.560 14
17 East West Banking Corp EASTWEST  57.504 17
18 Philippine Veterans Bank VETERANS  43.097 18
19 Standard Chartered Bank STANDARD  34.486 20
20 Asia United Bank Corp. 37.740 19

Related Articles:
Top 20 Banks in the Philippines Based on Deposits as of December 2010
Top 20 Banks in the Philippines, by Assets as of March 2011 

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