The two biggest universal/commercial banks in the Philippines — BDO and Metrobank — based on total assets as of December 2013, are now trillionaire banks.

BDO first surpassed the one-trillion-peso-asset mark in June 2011 — more than 2 years before Metrobank did in September 2013.

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

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

(Top Commercial and Universal Banks)

RANKBANKASSETS inRANK
DEC 2013 BILLION PESOS   SEP 2013
1BDO1,629.8531
2METROBANK1,132.0352
3BPI  965.6203
4LANDBANK  841.8534
5PNB  573.2385
6DBP  436.4266
7CHINABANK  396.0587
8RCBC  366.4528
9UNION BANK  364.2339
10SECURITY BANK  339.94010
11CITIBANK 272.16311
12UCBP  265.21312
13HSBC  194.68513
14EASTWEST  140.25414
15PHILTRUST  121.28215
16BANCOM  118.11116
17AUB  105.07018
No. 18 to No. 32
18STANDARD CHARTERED 75.54617
19DEUTSCHE BANK 74.21519
20MAYBANK 73.79220
21PBCOM 64.88021
22VETERANS 55.39722
23ANZ 60.26923
24BANK of TOKYO 53.96524
25ROBINSONS BANK 43.26627
26JP MORGAN CHASE  40.86325
27BDO PRIVATE 40.31728
28MIZUHO 33.07629
29ING BANK 30.27126
30CHINATRUST 28.04530
31BANK OF AMERICA 21.29931
32KOREA EXCHANGE 10.73232
No. 33 to No. 36
33MEGA ICB 10.04333
34BANK OF CHINA 10.02034
35BANGKOK BANK  7.97435
36AL-AMANAH  0.67936

Notes:
1. All the Top 16 banks maintained their past quarter’s rankings.

2. Standard Chartered Bank moved down from No. 17 to No. 18.
AUB moved up and replaced Standard at No. 17.

3. Metrobank first surpassed the one-trillion-asset mark in the quarter ended September 2013.

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

5. 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

6. Allied Savings Bank, the thrift subsidiary of Allied Bank, is now the thrift
subsidiary of Philippine National Bank (PNB).

7. Robinsons Bank moved up from No. 27 to No. 25

See bank rankings one year later:
Top Commercial/Universal Banks in the Philippines, based on total assets as of December 2014.

Biggest universal/commercial banks in the Philippines

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