Top Banks in the Philippines, all types ranked together

Updated July 1, 2020

Here are the top banks in the Philippines

(universal/commercial, thrift and rural banks ranked together), based on total assets as of December 2019, as published online by the Bangko Sentral ng Pilipinas.

Top banks in the Philippines


This ranking includes all types of banks — commercial/universal, savings or thrift banks and rural banks, based on Total Assets as of December 2019.

The FIVE BIGGEST BANKS  are still BDO, Metrobank, Landbank, BPI and PNB, the only TRILLIONAIRE banks.
PNB reached the trillionaire level on its June 2019 quarterly financial report.

BDO is No. 1 in assets, deposits, capital and net loans.

Two thrift banks — BPI Family and  PSBank — are in the Top 20.

Two rural banks — One Network Bank and East West Rural Bank are in the Top 41.

RANK BANK ASSETS in TRILLION / BILLION PESOS

TOP 10 BANKS in the Philippines

1 BDO 3.069 T
2 METROBANK 2.117 T
3 LANDBANK 2.033 T
4 BPI 1.913 T
5 PNB 1.068 T
6 CHINABANK   866.900 B
7 SECURITY BANK   788.233 B
8 RCBC   762.310 B
9 DBP   761.499 B
10 UNION BANK   706.867 B

RANK 11th to 20th

11 EASTWEST   382.512 B
12 UCPB   335.181 B
13 CITIBANK   327.737 B
14 BPI
FAMILY
  284.213 B
15 AUB   260.478 B
16 PSBANK   224.108 B
17 HSBC   177.209 B
18 PHILTRUST   160.574 B
19 BANKCOM   144.805 B
20 ROBINSONS     128.138 B

RANK 21st to 30th

21 PHILIPPINE BUSINESS  113.978 B
22 MAYBANK  105.056 B
23 PBCOM  104.739 B
24 CHINA BANK SAVINGS  102.836 B
25 CITY SAVINGS  76.795 B
26 MUFG BANK  74.079 B
27 MIZUHO  71.133 B
28 PNB SAVINGS  59.871 B
29 VETERANS  59.082 B
30 STANDARD CHARTERED  57.817 B

RANK 31st to 50th

31 ANZ Banking 57.283 B
32 CTBC PHILS 56.584 B
33 DEUTSCHE BANK 48.000 B
34 STERLING BANK 43.984 B
35 JP MORGAN CHASE 42.963 B
36 BANK OF MAKATI 40.158 B
37 SUMITOMO MITSUI 35.882 B
38 BDO PRIVATE 34.903 B
39 BANK OF CHINA 33.386 B
40 BDO NETWORK BANK 32.564 B
41 EAST WEST RURAL 28.908 B
42 PRODUCERS SAVINGS 25.452 B
43 BANK OF AMERICA 24.377 B
41 ING BANK 21.976 B
44 UCPB SAVINGS 20.977 B
45 FIRST CONSOLIDATED   19.283 B
47 CARD BANK 18.250 B
48 MEGA INTERNATIONAL 17.855 B
47 BPI DIRECT BANKO 17.834 B
49 KEB HANA BANK 15.859 B
50 WEALTH DEVELOPMENT 14.534 B

Type of Banks Above:
Black — Commercial/Universal Banks
Blue — Savings or Thrift Banks
Red — Rural Banks

TOP 5 Banks in the Philippines Based on Deposits, Capital and Net Loans, as of December 2019

Based on Deposits:
1. BDO
2. Landbank
3. Metrobank
4. BPI
5. PNB

Based on Capital:
1. BDO
2. Metrobank
3. BPI
4. Landbank
5. PNB

Based on Net Loans;
1. BDO
2. BPI
3. Metrobank
4. Landbank
5. PNB

Based on Return on Equity (ROE):
The above biggest banks are not the top banks in terms of ROE.
Based on ROE:
BDO is No. 13
Metrobank is No. 18
Landbank is No. 12
BPI is No. 15
PNB is No. 24

ROE is calculated by dividing net income by shareholders’ equity.

ROE indicates how effectively a business is using equity (the money contributed by its stockholders) and cumulative retained profits to produce income.

ROE measures a company’s ability to turn equity capital into net profit.

ROE is also called Return on Net Assets.

The top banks in the Philippines, based on ROE, as of December 2019 are:

1. Citibank
2. Veterans
3. UCPB
4. JP Morgan
5. HSBC
6. Union Bank
7. BDO Private Bank
8. AUB
9. Deutsche Bank
10. Bank of America

Is it good for account owners (but not shareholders) that their banks are not high in the ROE rankings? Does this mean that they’re also balancing their commitment to customers (account owners that are not shareholders) and their commitment to shareholders?

PREVIOUS RANKING:
TOP BANKS in the Philippines based on assets as of December 2017
1  BDO — 2,484.621
2  METROBANK — 1,627.441
3  BPI — 1,541.031
4  LANDBANK — 1,479.365
5  SECURITY BANK — 796.957
6  PNB — 758.919
7  CHINABANK — 607.575
8  DBP — 557.459
9  UNION BANK — 488.052
10  RCBC — 420.354
11  CITIBANK — 304.840
12  UCBP — 308.271
13  EASTWEST — 296.525
14  BPI FAMILY — 265.012
15  PSBANK — 221.291
16  AUB — 195.193
17  HSBC — 175.590
18  PHILTRUST — 156.820
19  BCOMMERCE — 123.924
20  RCBC SAVINGS — 110.291
21  MAYBANK — 106.349
22  ROBINSONS BANK — 94.412
23  PBCOM — 89.683
24  CHINA BANK SAVINGS — 87.605
25  PHILIPPINE BUSINESS — 80.380
26  MIZUHO — 76.483
27  CITY SAVINGS — 71.701
28  DEUTSCHE BANK — 65.753
29  BANK of TOKYO — 64.543
30  STANDARD CHARTERED — 63.792
31  BDO PRIVATE — 60.640
32  VETERANS — 50.136
33  ANZ — 47.289
34  PNB SAVINGS — 46.973
35  CTBC PHILS — 41.041
36  JP MORGAN CHASE — 38.855
37  STERLING BANK — 36.266
38  BANK OF MAKATI — 29.312
39  ONE NETWORK BANK — 28.150
40  SUMITOMO MITSUI — 25.454
41  EAST WEST RURAL — 22.608
42  BANK OF AMERICA — 21.223
43  ING BANK — 19.503
44  UCPB SAVINGS — 18.185
45  FIRST CONSOLIDATED — 16.155
46  HSBC SAVINGS — 16.020
47  BPI DIRECT BANKO — 14.995
48  MEGA ICB — 14.760
49  BANK OF CHINA — 14.384
50  PRODUCERS SAVINGS — 13.382

US Dollar Accounts with Low Maintaining Balances 
Biggest Bank Failures in the Philippines

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