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