Top 39 Savings Banks in the Philippines, Assets March 2012

Here are the Top 39 Savings Banks in the Philippines, based on Total Assets as of March 2012. Data is sourced from balance sheets published by the Bangko Sentral ng Pilipinas (BSP).

39 out of 69 savings banks in the Philippines surpassed the one-billion mark in total assets as of March 2012.

Rank      Savings Bank Assets Previous
in BILLION  Rank
Pesos
 1. BPI Family Savings Bank 141.014 1
 2. Philippine Savings Bank
     (PSBank) 116.799 2
 3. RCBC Savings Bank 59.348 3
 4. Planters Development Bank 53.998 4
 5. Philippine Business Bank 27.832 7
 6. Sterling Bank of Asia 27.624 5
 7. HSBC Savings Bank (Phils) 26.726 6
 8. City Savings Bank 15.757 8
 9. Citibank Savings 12.230 9
10. The Real Bank 10.054 10
11. First Consolidated Bank 9.148 11
12. BPI Direct Savings Bank 8.468 12
13. Philippine Resources Savings
     Banking Corp. (PR Savings Bank) 8.101 *
14. China Savings Bank 7.169 16
15. Philippine Postal Savings Bank 7.040 15
16. UCPB Savings Bank 7.033 13
17. Malayan Bank Savings
      & Mortgage Bank 5.981 17
18. Premiere Development Bank 5.460 18
19. Equicom Savings Bank 4.559 19
20. Producers Savings Bank 4.548 14
21. Allied Savings Bank 3.963 20
22. Luzon Development Bank 2.698 23
23. Wealth Bank
      A Development Bank 2.598 24
24. BPI Globe Banko Savings Bank     2.426 25
25. Citystate Savings Bank 2.416 22
26. United Overseas Bank Phils 2.006 21
27. Legazpi Savings Bank 1.979 27
28. GSIS Family Bank 1.956 26
29. Penbank Inc. 1.947 28
30. Queen City Development Bank 1.592 30
31. BDO Elite Savings Bank 1.521 29
32. Tong Yang Savings Bank 1.372 31
33. Hiyas Banking Corp. 1.231 32
34. Optimum Development Bank 1.220 36
35. World Partners Bank 1.218 37
36. Century Savings Bank 1.102 34
37. Bank One Savings and Trust 1.089 35
38. Isla Bank, A Thrift Bank 1.076 33
39. Dumaguete City Development Bank 1.071 38

* Philippine Resources Savings Banking Corp (PR Savings Bank), formerly Philippine Rural Banking Corp. (PR Bank), started operating as a savings bank or thrift bank in November 2011. It entered the March 2012 savings bank asset chart as 13th biggest in total assets with 77 offices. It’s based in Cauayan City, Isabela and headed by its CEO and President Roberto P. Alingog. It’s a member of the Chamber of Thrift Banks.

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