Top 38 Savings Banks in the Philippines, Sep 2014

Here are the Top Savings Banks in the Philippines, based on Total Assets as of September 2014, with data sourced from the BSP website.

RANK    BANK ASSETS RANK
SEP BILLION     JUNE
2014 PESOS 2014
 1.  BPI Family 210.876 1
 2.  PSBank 150.128 2
 3.  RCBC Savings  73.834 3
 4.  Philippine Business  53.465 4
 5.  City Savings  51.664 6
 6.  Planters Development  49.013 5
 7.  Sterling Bank  33.232 7
 8.  HSBC Savings  26.416 8
 9.  China Bank Savings  20.056 9
10.  Allied Savings  15.512 10
11.  UCPB Savings  13.183 11
12.  BPI Direct Savings  12.651 12
13.  First Consolidated  11.780 14
14.  Security Bank Savings  11.489 13
15.  PR Savings  10.119 15
16.  Philippine Postal   8.936 17
17.  Producers Savings   8.145 16
18.  Equicom Savings   6.856 20
19.  1st Valley Bank   6.766 19
20.  Malayan Bank Savings   6.665 18
21.  Wealth Development   5.797 22
22.  Luzon Development   4.399 23
23.  Citystate Savings   3.783 24
24.  United Overseas   3.092 25
25.  Legazpi Savings  2.761 27
26.  Penbank   2.630 26
27.  Enterprise Bank   2.148 28
28.  Queen City Development   1.743 29
29.  ComSavings Bank   1.595 30
30.  Optimum Development   1.561 31
31.  CARD SME Bank   1.489 32
32.  Hiyas Banking   1.370 33
33.  Bank One Savings   1.311 34
34.  Century Savings   1.262 36
35.  Tong Yang Savings   1.183 39
36.  Dumaguete City Development       1.154 37
37.  Isla Bank   1.153 38

NOTES:

1. BPI Globe Banko is one of these top 38 thrift banks, but its financial report as of September 2014 is not yet on the BSP website.
It ranked No. 35 in June 2014, with total assets of 1.235 billion

2.  Citibank Savings, which ranked No. 21 in June 2014 with total assets of 5.815 billion, was acquired by BDO in 2014 from Citigroup. It will be renamed Banco De Oro Savings Bank

3. Real Bank ranked No, 18 in March 2014 with total assets of 7,654 billion. Its financial reports for June and September 2014 are not yet available on the BSP website.  Real Bank signed a deal to be acquired by BDO in June 2014. See Bank Mergers in 2014


4. Legazpi Savings Bank is now a wholly owned subsidiary of Robinsons Bank. Robinsons Bank completed its acquisition of Legazpi Savings Bank in December 2012.

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