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.
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