Here’s a list of the 37 Top Savings Banks in the Philippines, ranked by Total Assets as of December 2011, based on banks’ financial statements published by the Bangko Sentral ng Pilipinas on its website.
RANK SAVINGS BANK ASSETS PREVIOUS
in BILLION RANK
PESOS
1. BPI Family Savings Bank 147.630 1
2. Philippine Savings Bank (PSBank) 119.520 2
3. RCBC Savings Bank 63.516 3
4. Planters Development Bank 54.800 4
5. Sterling Bank of Asia 26.805 6
6. HSBC Savings Bank (Phils) 26.081 5
7. Philippine Business Bank 26.029 7
8. City Savings Bank 12.942 10
9. Citibank Savings 11.829 8
10. The Real Bank 11.188 9
11. First Consolidated Bank 9.280 11
12. BPI Direct Savings Bank 7.873 12
13. UCPB Savings Bank 6.704 13
14. Producers Savings Bank 6.648 19
15. Philippine Postal Savings Bank 6.015 15
16. China Savings Bank 5.961 17
17. Malayan Bank Savings
& Mortgage Bank 5.889 14
18. Premiere Development Bank 5.053 16
19. Equicom Savings Bank 4.623 18
20. Allied Savings Bank 3.942 20
21. United Overseas Bank Phils 2.996 25
22. Citystate Savings Bank 2.681 23
23. Luzon Development Bank 2.594 22
24. Wealth Bank A Development Bank 2.352 24
25. BPI Globe Banko Savings Bank 2.270 26
26. GSIS Family Bank 2.096 21
27. Legazpi Savings Bank 1.971
28. Penbank Inc. 1.615 27
29. BDO Elite Savings Bank 1.511 29
30. Queen City Development Bank 1.500 28
31. Tong Yang Savings Bank 1.371 30
32. Hiyas Banking , A Thrift Bank 1.218
33. Isla Bank, A Thrift Bank 1.083
34. Century Savings Bank 1.080
35. Bank One Savings and Trust 1.053
36. Optimum Development Bank 1.045
37. World Partners 1.019
From No. 38 to No. 66
The Top Jumpers:
Increase in Rank:
Producers Savings Bank — from 19th to 14th
United Overseas Bank — from 25th to 21st
City Savings Bank — from 10th to 8th
Legazpi Savings Bank — to 27th
Increase in Assets:
Producers Savings Bank 64.1 %
BPI Globe Banko Savings Bank 19.0 %
City Savings Bank 18.4 %
China Savings Bank 18.0 %
First Consolidated Bank 15.6 %
BPI Family Bank 12.9 %
BPI Direct Savings Bank 12.1 %
Philippine Postal Savings Bank 11.1 %
RCBC Savings Bank 10.7 %
Citystate Savings Bank 10.4 %
Savings Banks That Increased Their Assets Over the Quarter:
BPI Family Savings Bank — from 130.765 to 147.630
Philippine Savings Bank (PSBank) — from 115.452 to 119.520
RCBC Savings Bank — from 57.364 to 63.516
Planters Development Bank — from 53.129 to 54.800
Sterling Bank of Asia — from 25.957 to 26.805
Philippine Business Bank — from 24.146 to 26.029
City Savings Bank — from 10.933 to 12.942
First Consolidated Bank — from 8.024 to 9.280
BPI Direct Savings Bank — from 7.025 to 7.873
UCPB Savings Bank — from 6.350 to 6.704
Malayan Bank Savings
& Mortgage Bank — from 5.866 to 5.889
Philippine Postal Savings Bank — from 5.414 to 6.015
China Savings Bank — from 5.051 to 5.961
Equicom Savings Bank — from 4.503 to 4.623
Producers Savings Bank — from 4.052 to 6.648
Allied Savings Bank — from 3.765 to 3.942
Luzon Development Bank — from 2.540 to 2.594
Citystate Savings Bank — from 2.429 to 2.681
Wealth Bank A Development Bank — from 2.301 to 2.352
United Overseas Bank Phils — from 2.007 to 2.996
BPI Globe Banko Savings Bank — from 1.907 to 2.270
Penbank Inc. — from 1.523 to 1.615
BDO Elite Savings Bank — from 1.501 to 1.511
Savings Banks That Dropped in Assets Over the Quarter:
HSBC Savings Bank (Phils) — from 28.159 to 26.081
Citibank Savings — from 12.051 to 11.829
The Real Bank — from 11.438 to 11.188
Premiere Development Bank — from 5.255 to 5.053
GSIS Family Bank — from 2.735 to 2.096
Queen City Development Bank — from 1.505 to 1.500
Tong Yang Savings Bank — from 1.418 to 1.371
Asiatrust Bank and Asia United Bank (AUB): The banking assets and liabilities of Asiatrust Bank will be acquired by Asia United Bank (AUB). The transaction was announced in February 2012, approved by AUB stockholders in April 2012, and expected to be completed by July 1, 2012. The 28 branches of AsiaTrust will become branches of Asia United Bank. The deal excluded the trust business of Asiatrust.
Top 30 Savings Banks in the Philippines, by Assets as of September 2011
Top Savings Banks in the Philippines, Based on ROE Dec 2010