Top Rural Banks in the Philippines

Updated June 21, 2021

Here are the 40 TOP RURAL BANKS in the Philippines, 

based on TOTAL ASSETS, as of December 2020, as published by the BSP on its website bsp.gov.ph.

rural banks palms

Notable changes:
Cebuana Lhuillier RB moved up from #13 to #6, from 3B to 4.62B in total assets
Agribusiness Rural Bank moved up from #14 to #11, from 2.94B to 3.55B
Coop Bank of Cotabato moved up from #20 to #16, from 2.16B to 2.51B
TRBank moved up to #17, to 2.44B
Mt Carmel Rural Bank moved to #29 to 1.39B
One Unified Rural Bank of Cavite is ranked #31 to 1.34B (see merger details below)

Here are the 40 Billionaire Rural Banks!

RANKRURAL BANKTOTAL
ASSETS   
DEC BILLION PESOS
2020  
 
1BDO Network Bank40.76
2East West Rural Bank28.26
3Card Bank18.95
4Card MRI Rizal Bank6.40
5Guagua Rural Bank6.10
6Cebuana Lhuillier RB4.62
7FicoBank4.33
8BOF Inc. Rural Bank 4.03
9GM Bank of Luzon3.92
10Quezon Capital RB3.85
11Agribusiness Rural Bank3.55
12Metro South Coop Bank3.52
13Rang-ay Bank3.42
14RB of Angeles2.97
15Country Builders Bank2.88
16Coop Bank of Cotabato2.51
17TRBank2.44
18Cantilan Bank2.34
19Summit Bank2.31
20Marayo Bank2.24
21Bangko Mabuhay1.99
22Ilocos Consolidated1.99
23RB of Porac1.97
24Mindanao Consolidated1.89
25New RB of San Leonardo1.74
26Camalig Bank1.67
27Consolidated Cooperative1.42
28RB of Cauayan1.40
29Mt Carmel Rural Bank1.39
30MVSM Bank1.36
31One Unified Rural Bank of Cavite1.34
32RB of Barili (Cebu)1.30
33Zambales Rural Bank1.20
34Aspac Rural Bank1.14
35RB of Central Pangasinan1.14
36RB of Digos1.11
37Coop Bank of Benguet1.04
38Gateway 1.04
39Lifebank 1.01
40First Imperial Business Bank1.00

What happened to rural banks no longer in the Top Rural Banks list?

16Katipunan Bank2.39 21PBCom Rural Bank2.15 31Imus Rural Bank1.28 37Coop Bank of Palawan1.04 Coop Bank of Palawan moved down from #37 to #57, to 1.04B to 772M
One Unified Rural Bank of Cavite Inc. (OUR Bank) resulted from the mergers of Rural Bank of General Trias Inc., Rural Bank of Maragondon Inc., Bangko Noveleta Inc. A Rural Bank and Sto. Nino Rural Bank of Ternate, Cavite. Consolidation was registered with the SEC on December 12, 2019. OUR Bank started as a consolidated rural bank on July 1, 2020. BSP Circular Letter No. CL-2020-031
PBCom (previously #21) has been acquired by Producers Savings Bank Corp., with the merger taking effect on April 15, 2021, according to BSP Circular Letter No. CL-2021-040
Katipunan Bank (previously #16) has merged with Rural Bank of Siocon (Zamboanga del Norte) Inc. into a new rural bank named Katipunan Banking Corp. (A Rural Bank)
*FICOBank means First Isabela Coop Bank
*TRBank means Tanay Rural Bank
*Summit Bank is Rural Bank of Tublay
—————————————-

Here are the 39 TOP RURAL BANKS in the Philippines, 

based on TOTAL ASSETS, as of December 2019, as published by the BSP on its website bsp.gov.ph.

rural banks palms

Here are the 39 Billionaire Rural Banks!

RANK RURAL BANK TOTAL
ASSETS   
DEC   BILLION PESOS
2019    
 
1 BDO Network Bank 32.56
2 East West Rural Bank 29.91
3 Card Bank 18.25
4 Guagua Rural Bank 5.70
5 Card MRI Rizal Bank 5.16
6 FicoBank 4.35
7 Metro South Coop Bank 4.22
8 GM Bank of Luzon 4.17
9 BOF Inc. Rural Bank  3.79
10 RB of Angeles 3.66
11 Quezon Capital RB 3.57
12 Rang-ay Bank 3.16
13 Cebuana Lhuillier RB 3.00
14 Agribusiness Rural Bank 2.94
15 Country Builders Bank 2.92
16 Katipunan Bank 2.39
17 Cantilan Bank 2.38
18 Marayo Bank 2.37
19 Summit Bank 2.23
20 Coop Bank of Cotabato 2.16
21 PBCom Rural Bank 2.15
22 Bangko Mabuhay 2.07
23 RB of Porac 2.04
24 Ilocos Consolidated 1.75
25 Mindanao Consolidated 1.72
26 Camalig Bank 1.71
27 New RB of San Leonardo 1.66
28 Consolidated Cooperative 1.55
29 RB of Cauayan 1.34
30 MVSM Bank 1.33
31 Imus Rural Bank 1.28
32 Zambales Rural Bank 1.22
33 RB of Barili (Cebu) 1.21
34 Aspac Rural Bank 1.19
35 RB of Central Pangasinan 1.09
36 RB of Digos 1.08
37 Coop Bank of Palawan 1.04
38 Lifebank 1.03
39 Gateway 1.01

———- Ranking as of JUNE 2018

RANK RURAL BANK TOTAL
ASSETS   
JUNE   BILLION PESOS
2018    
 
1 One Network Bank 27.15
2 East West Rural Bank 19.07
3 Card Bank 13.51
4 Guagua Rural Bank 4.85
5 First Isabela Coop Bank 4.08
6 GM Bank of Luzon 3.66
7 Quezon Capital Rural Bank 3.53
8 Metro South Coop Bank 3.27
9 BOF Inc. A Rural Bank 3.17
10 Rizal Bank 2.99
11 Rang-ay Bank 2.92
12 Country Builders Bank 2.88
13 AMA Rural Bank of Mandaluyong 2.62
14 Banco Dipolog 2.49
15 Katipunan Bank 2.46
16 Cantilan Bank 2.40
17 RB of Angeles 2.11
18 Summit Bank 2.10
19 Insular Savers Bank 1.97
20 Bangko Mabuhay 1.80
21 Coop Bank of Cotabato 1.79
22 Marayo Bank 1.74
23 Mindanao Consolidated 1.52
24 Ilocos Consolidated 1.44
25 RB of Cauayan 1.35
26 New RB of San Leonardo (NE) 1.34
27 RB of Pandi (Bulacan) 1.31
28 Camalig Bank 1.25
29 MVSM Bank 1.23
30 Imus Rural Bank 1.18
31 Consolidated Cooperative Bank 1.17
32 RB of Barili (Cebu) 1.14
33 Zambales Rural Bank 1.14
34 Aspac Rural Bank 1.05
35 Peoples Bank of Caraga 1.04
36 RB of Central Pangasinan 1.02
37 PlanBank (Rural Bank of Canlubang Planters) 1.00
38 PlanBank (Rural Bank of Canlubang Planters) 1.00

———————————————————–

Below charts are previous rankings

Here are the 35 Billionaire Rural Banks!

35 TOP RURAL BANKS in the Philippines 
Based on TOTAL ASSETS, as of March 2018, published by the BSP on its website bsp.gov.ph.

RANK RURAL BANK TOTAL
ASSETS   
MAR   BILLION PESOS
2018    
 
1 One Network Bank 27.22
2 East West Rural Bank 20.11
3 Card Bank 12.86
4 Guagua Rural Bank 4.70
5 First Isabela Coop Bank 4.09
6 GM Bank of Luzon 3.69
7 BOF Inc. A Rural Bank 3.20
8 Metro South Coop Bank 3.10
9 Country Builders Bank 2.82
10 Rang-ay Bank 2.80
11 Rizal Bank 2.67
12 Katipunan Bank 2.50
13 Cantilan Bank 2.34
14 Banco Dipolog 2.26
15 RB of Angeles 2.20
16 Summit Bank 2.03
17 Insular Savers Bank 1.75
18 Bangko Mabuhay 1.73
19 Coop Bank of Cotabato 1.67
20 Marayo Bank 1.66
21 Mindanao Consolidated 1.58
22 Ilocos Consolidated 1.42
23 RB of Cauayan 1.37
24 New RB of San Leonardo (NE) 1.35
25 RB of Pandi (Bulacan) 1.24
26 MVSM Bank 1.19
27 Peoples Bank of Caraga 1.19
28 Camalig Bank 1.17
29 Imus Rural Bank 1.12
30 Consolidated Cooperative Bank 1.12
31 RB of Barili (Cebu) 1.11
32 Aspac Rural Bank 1.02
33 Bankways 1.01
34 RB of Central Pangasinan 1.00
35 PlanBank (Canlubang Planters) 1.00


Rural Banks That Moved Up in Ranking from Sep 2017 to March 2018:

Country Builders — from No. 16 to No. 9
Rizal Bank — from 14 to 11
BOF — from 9 to 7
RB of Angeles — from 18 to 15
Insular Savers — from 22 to 17
Coop Bank of Cotabato — from 21 to 19
Imus Bank — from 31 to 29
Rang-ay Rural Bank — from 11 to 10
Banco Dipolog — from 15 to 14
Summit Bank — from 17 to 16
Bangko Mabuhay — from 19 to 18
Mindanao Consolidated — first-time appearance in the list
Ilocos Consolidated — first time appearance in the list
Peoples Bank of Caraga — first-time appearance in the list
MVSM Bank — from 27 to 26
Consolidated Cooperative — from 31 to 30
Aspac — from 33 to 32

34 TOP RURAL BANKS in the Philippines 
Based on TOTAL ASSETS, as of September 2017, published by the BSP on its website bsp.gov.ph.

RANK RURAL BANK TOTAL ASSETS    RANK
SEP   BILLION PESOS SEP
2017     2016
 
1 One Network Bank 28.15 1
2 East West Rural Bank 22.61 2
3 Card Bank 11.22 3
4 Guagua Rural Bank 4.50 4
5 First Isabela Coop Bank 3.90 5
6 GM Bank of Luzon 3.45 6
7 Quezon Capital RB 3.42 8
8 Metro South Coop Bank 3.02 10
9 BOF Inc. A Rural Bank 2.91 11
10 AMA Rural Bank of Mandaluyong 2.72 9
11 Rang-ay Bank 2.54 15
12 Katipunan Bank 2.48 13
13 Cantilan Bank 2.41 12
14 Rizal Bank 2.17 19
15 Banco Dipolog 2.14 14
16 Country Builders Bank 2.06 16
17 Summit Bank 1.88 17
18 RB of Angeles 1.76 30
19 Bangko Mabuhay 1.64 21
20 Marayo Bank 1.56 25
21 Coop Bank of Cotabato 1.53 22
22 Insular Savers Bank 1.50 18
23 RB of Cauayan 1.34 24
24 New RB of San Leonardo (NE) 1.23 41
25 RB of Pandi (Bulacan) 1.23 29
26 People’s RB (Gen Santos) 1.20
27 MVSM Bank 1.19 31
28 Camalig Bank 1.14 27
29 Consolidated Cooperative Bank 1.14 28
30 RB of Barili (Cebu) 1.12 34
31 Imus Rural Bank 1.09 36
32 Bankways 1.08 32
33 Aspac Rural Bank 1.05 35
34 PlanBank (Canlubang) 1.02 37

4 TOP RURAL BANKS based on all criteria: Assets, Deposits, Capital and Loans
as of September 2017

1 One Network Bank
2 East West Rural Bank
3 Card Bank
4 Guagua Rural Bank



5 RURAL BANKS
Five rural banks that were in the TOP 33 list in September 2016 are no longer in the TOP 33 list in September 2017.
Valiant Bank moved down from Rank 33 to Rank 40.
These 4 other banks below are missing from the entire BSP ranking as of September 2017. I can only guess that they were delayed in submitting their financial reports to the BSP.
Sep 2016 Rank 7   Agribusiness RB
Sep 2016 Rank 20  RB of Porac (Pampanga)
Sep 2016 Rank 23  Mt Carmel RB
Sep 2016 Rank 26  Peoples Bank of Caraga

BIGGEST JUMPS!
People’s Rural Bank (General Santos City) moved up from outside the Top 100 in September 2016 to Rank 26 in September 2017
New RB of San Leonardo (NE) moved up from Rank 41 to 24
RB of Angeles moved up from Rank 30 to 18
Rizal RB moved up from Rank 19 to 14
Marayo Bank moved up from Rank 25 to 20
Imus Rural Bank moved up from 36 to 31
Rang-ay RB moved up from Rank 15 to 11
RB of Pandi (Bulacan) moved up from 29 to 25
MVSM Bank moved up from Rank 31 to 27
RB of Barili (Cebu) moved up from 34 to 30

Related Posts:
Top Rural Banks by Assets as of September 2016
Top Rural Banks by Deposits as of September 2016

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