Here are the TOP 17 SAVINGS BANKS in the Philippines,
based on Total Assets as of December 2015.
Ranking of Smaller Savings Banks (With Less Than 10 Billion Pesos)
No, 39 to No.
Notes:
-- PNB Savings Bank is formerly Allied Savings Bank.
-- Security Bank Savings, formerly Premiere Development Bank, was acquired by its parent Security Bank in 2015.
-- Bank of Makati, formerly the No. 1 rural bank in the country,
started operating as a thrift bank in April 2015.
-- TongYang Savings Bank moved up by 9 levels, from No. 35 to No.26, over the quarter.
TongYang Savings, formerly Orion Savings Bank, was acquired by Taiwanese bank
Yuanta Commercial Bank. Yuanta was the fifth foreign bank that invested in the Philippines following the enactment of the banking liberalization law in 2014.
based on Total Assets as of December 2015.
RANK | BANK | ASSETS | RANK |
DECEMBER | BILLION | SEPTEMBER | |
2015 | PESOS | 2015 | |
1. | BPI Family | 266.379 | 1 |
2. | PSBank | 168.181 | 2 |
3. | RCBC Savings | 92.809 | 3 |
4. | Philippine Business | 65.890 | 4 |
5. | City Savings | 65.258 | 5 |
6. | Planters Development | 49.883 | 6 |
7. | Sterling Bank | 30.734 | 7 |
8. | Bank of Makati | 27.916 | 8 |
9. | China Bank Savings | 27.253 | 10 |
10. | HSBC Savings | 22.947 | 9 |
11. | PNB Savings | 22.667 | 11 |
12. | First Consolidated | 14.860 | 13 |
13. | UCPB Savings | 14.787 | 12 |
14. | BPI Direct Savings | 13.791 | 14 |
15. | Philippine Postal | 12.074 | 16 |
16. | PR Savings | 11.358 | 15 |
17. | Producers Savings | 10.596 | 17 |
No. 18 to | |||
No. 38 | |||
18. | Equicom Savings | 7.676 | 19 |
19. | Wealth Development | 7.245 | 20 |
20. | Malayan Bank Savings | 7.045 | 18 |
21. | 1st Valley Bank | 6.919 | 21 |
22. | Luzon Development | 5.553 | 22 |
23. | Citystate Savings | 4.959 | 23 |
24. | Penbank | 2.852 | 24 |
25. | CARD SME Bank | 2.377 | 28 |
26. | TongYang Savings | 2.100 | 35 |
27. | Enterprise Bank | 2.055 | 26 |
28. | United Overseas | 2.011 | 25 |
29. | Legazpi Savings | 1.947 | 27 |
30. | Queen City Development | 1.888 | 29 |
31. | Optimum Development | 1.607 | 30 |
32. | ComSavings Bank | 1.573 | 31 |
33. | Bank One Savings | 1.469 | 34 |
34. | Hiyas Banking | 1.465 | 32 |
35. | Century Savings | 1.416 | 33 |
36. | Dumaguete City Development | 1.272 | 37 |
37. | Isla Bank | 1.268 | 36 |
38 | Merchants Savings and Loan Assn | 1,019 | 41 |
Ranking of Smaller Savings Banks (With Less Than 10 Billion Pesos)
No, 39 to No.
Notes:
-- PNB Savings Bank is formerly Allied Savings Bank.
-- Security Bank Savings, formerly Premiere Development Bank, was acquired by its parent Security Bank in 2015.
-- Bank of Makati, formerly the No. 1 rural bank in the country,
started operating as a thrift bank in April 2015.
-- TongYang Savings Bank moved up by 9 levels, from No. 35 to No.26, over the quarter.
TongYang Savings, formerly Orion Savings Bank, was acquired by Taiwanese bank
Yuanta Commercial Bank. Yuanta was the fifth foreign bank that invested in the Philippines following the enactment of the banking liberalization law in 2014.