Biggest Commercial/Universal Banks in the Philippines, Sep 2013

Finally, Metrobank surpassed the one-trillion-peso asset mark!

And became one of the two biggest commercial/universal banks in the Philippines, based on total assets as of September 2013.

Now there are two trillionaire Philippine banks — BDO and Metrobank.

See Bank Lists and Rankings in the Philippines, from 2010 to 2020

When are BPI, Landbank and PNB are going to catch up?

BDO first surpassed the one-trillion-peso-asset mark back in June 2011 — more than 2 years before any other Philippine bank did.

PNB broke into the Top 5 list in the first quarter of 2013 after finalizing its merger with sister company Allied Bank in February 2013.

 TOP 17 — Banks with Over One Hundred Billion in Total Assets

RANK	BANK	ASSETS in	RANK
SEP 2013		BILLION PESOS	JUNE 2013
1	BDO	1,473.483	1
2	METROBANK	1,023.094	2
3	BPI	862.909	3
4	LANDBANK	731.878	4
5	PNB	568.158	5
6	DBP	393.001	6
7	CHINABANK	343.326	7
8	RCBC	329.509	8
9	UNION BANK	314.182	9
10	SECURITY BANK	269.345	10
11	CITIBANK	259.259	11
12	UCBP	248.299	12
13	HSBC	189.447	13
14	EASTWEST	121.177	14
15	PHILTRUST	119.460	15
16	BANCOM	113.853	16
17	STANDARD CHARTERED	109.791	18
No. 18 to No. 32
18	AUB	96.864	17
19	DEUTSCHE BANK	75.331	19
20	MAYBANK	66.955	20
21	PBCOM	59.981	24
22	VETERANS	54.142	22
23	ANZ	52.768	23
24	BANK of TOKYO	51.254	25
25	JP MORGAN CHASE	49.686	21
26	ING BANK	39.911	27
27	ROBINSONS BANK	39.180	26
28	BDO PRIVATE	35.121	30
29	MIZUHO	34.515	28
30	CHINATRUST	26.728	29
31	BANK OF AMERICA	17.160	31
32	KOREA EXCHANGE	11.486	32
No. 33 to No. 36
33	MEGA ICB	9.397	34
34	BANK OF CHINA	8.975	33
35	BANGKOK BANK	7.655	35
36	AL-AMANAH	0.664	36

Source of data:  bsp.gov.ph

Notes:

 1. Metrobank first surpassed the one-trillion-asset mark this quarter, September 2013.

 2. Chinatrust (Philippines) Commercial Bank Corporation changed its English corporate name to CTBC Bank (Philippines) Corp. (CTBC Bank) in November 2013. Its parent holding company, CTBC Financial Holding Co., Ltd. (formerly Chinatrust Financial Holding Co., Ltd.) is one of the 200 biggest banks in the world in terms of capital and the most awarded bank in Taiwan. CTBC Bank (Philippines) Corp. started in 1995.

3. PNB was No. 6 based on total assets in the 2nd, 3rd and 4th quarters of 2012. After acquiring Allied Bank in February 2013, it moved up to No. 5

4. Allied Bank’s thrift subsidiary Allied Savings Bank is still named Allied Savings Bank in BSP’s list of thrift banks.

Biggest Universal/Commercial Banks in the Philippines based on total assets as of December 2013.