These are the largest banks in the Philippines ranked by total assets as published by Bangko Sentral ng Pilipinas (BSP).^[1][2][3]

Universal and commercial banks

2023

Rank	Bank name	Assets (millions of PHP)	Asset change	Rank change
1	BDO Unibank, Inc. (BDO)	3,924,462.61
2	Land Bank of the Philippines (LBP)	3,137,088.11
3	Bank of the Philippine Islands (BPI)	2,601,977.76
4	Metropolitan Bank and Trust Company (Metrobank)	2,581,746.19
5	China Banking Corporation (Chinabank)	1,309,659.31
6	Rizal Commercial Banking Corporation (RCBC)	1,181,580.78
7	Philippine National Bank (PNB)	1,166,556.44
8	Development Bank of the Philippines (DBP)	1,042,129.41
9	Union Bank of the Philippines (Unionbank)	961,584.41
10	Security Bank Corporation (Security Bank)	878,563.32
11	East West Banking Corporation (EastWest Bank)	403,810.69
12	Asia United Bank Corporation (AUB)	336,454.99
13	Citibank Philippines	334,018.44
14	Bank of Commerce (BankCom)	216,443.44
15	Hongkong & Shanghai Banking Corporation (HSBC)	202,746.43
16	Robinsons Bank Corporation (Robinsons Bank)	183,252.69
17	Philippine Trust Company (Philtrust Bank)	169,278.03
18	Philippine Bank of Communications (PBCom)	127,225.34
19	Standard Chartered Bank Philippines (SCB PH)	99,359.91
20	Mizuho Bank Limited - Manila Branch	97,035.90
21	MUFG Bank Limited	93,602.05
22	Maybank Philippines, Inc.	88,842.66
23	CTBC (Philippines) Corporation	69,560.64
24	JPMorgan Chase Bank National Association	60,002.14
25	Philippine Veterans Bank	59,654.52
26	Deutsche Bank AG	57,724.45
27	Bank of China (Hongkong) - Manila Branch	53,371.25
28	Sumitomo Mitsui Banking Corporation - Manila Branch	40,372.32
29	Australia and New Zealand Banking Group Limited (ANZ)	39,795.29
30	BDO Private Bank	37,167.17
31	CIMB Bank Philippines, Inc.	30,257.18
32	Bank of America N.A.	26,072.06
33	Keb Hana Bank - Manila Branch	22,240.37
34	ING Bank N.V.	19,127.06
35	Mega International Commercial Bank Co. Limited	12,822.52
36	Industrial and Commercial Bank of China Limited - Manila Branch	11,156.15
37	Bangkok Bank Public Co. Limited	9,852.53
38	Shinhan Bank - Manila Branch	9,667.11
39	Industrial Bank of Korea Manila Branch	8,357.43
40	Hua Nan Commercial Bank Limited - Manila Branch	7,806.86
41	Cathay United Bank Co. Limited - Manila Branch	6,084.48
42	Chang Hwa Commercial Bank Limited - Manila Branch	5,223.04
43	United Overseas Bank Limited - Manila Branch	4,801.52
44	First Commercial Bank (Taiwan) Limited - Manila Branch	3,311.34
45	Al-Amanah Islamic Investment Bank of the Philippines	691.00

Thrift banks

2022

Rank	Bank name	Assets (millions of PHP)	Asset change	Rank change
1	Philippine Savings Bank (PSBank)	263,376.95
2	Philippine Business Bank, Inc. (PBB)	136,292.65
3	City Savings Bank, Inc. (CSB)	130,306.59
4	China Bank Savings, Inc. (CBS)	124,918.50
5	Bank of Makati, Inc. (BMI)	49,884.64
6	Sterling Bank of Asia, Inc.	40,316.55
7	Producers Savings Bank Corporation (Producers Bank)	32,617.10
8	First Consolidated Bank, Inc. (FCB)	24,143.29
9	BPI Direct BanKo, Inc. (BanKo)	22,419.25
10	UCPB Savings Bank	16,783.41
11	HSBC Savings Bank (Philippines) Inc.	15,320.99
12	Wealth Development Bank Corporation	12,255.28
13	1st Valley Bank, Inc.	10,986.96
14	Malayan Savings Bank, Inc.	10,369.20
15	CARD SME Bank, Inc.	8,479.46
16	Luzon Development Bank	6,417.25
17	Citystate Savings Bank, Inc.	4,888.74
18	Legazpi Savings Bank, Inc.	4,887.16
19	AllBank, Inc.	4,779.25
20	Overseas Filipino Bank	4,501.13
21	Bangko Kabayan, Inc.	3,619.43
22	Queen City Development Bank (QueenBank)	3,120.09
23	Sun Savings Bank, Inc.	3,039.11
24	Yuanta Savings Bank Philippines, Inc.	2,520.47
25	Penbank, Inc.	2,498.85
26	Century Savings Bank Corporation	1,959.16
27	Bank One Savings Corporation	1,938.87
28	Dumaguete City Development Bank, Inc.	1,177.74
29	Rizal MicroBank, Inc.	1,684.22
30	Isla Bank, Inc.	1,425.42
31	Hiyas Banking Corporation	1,401.79
32	LOLC Bank Philippines, Inc.	1,235.63
33	Makiling Development Bank Corporation	1,045.07
34	NorthPoint Development Bank, Inc.	1,034.82
35	Pacific Ace Savings Bank, Inc.	990.04
36	University Savings Bank, Inc.	824.19
37	Pampanga Development Bank	687.60
38	Bataan Development Bank	537.71
39	Cordillera Savings Bank, Inc.	467.87
40	Life Savings Bank, Inc.	334.33
41	Phil Star Development Bank, Inc.	237.98
42	Lemery Savings and Loan Bank, Inc.	231.54
43	Quezon Coconut Bank, Inc.	86.40

Rural and cooperative banks

2022

Rank	Bank name	Assets (millions of PHP)	Asset change	Rank change
1	BDO Network Bank, Inc.	87,679.80
2	EastWest Rural Bank, Inc. (EWRB)	24,282.73
3	CARD Bank, Inc.	22,272.76
4	Seabank Philippines, Inc.	12,237.80
5	Tonik Digital Bank, Inc.	10,579.10
6	Guagua Rural Bank, Inc.	7,596.00
7	Cebuana Lhuillier Rural Bank, Inc.	6,297.43
8	CARD MRI Rizal Bank, Inc.	6,175.85
9	First Isabela Cooperative Bank (FICO Bank)	5,513.43
10	Bank of Florida (BOF, Inc.)	4,726.23

See also

• List of banks in the Philippines
• List of largest banks in Southeast Asia
• Review of top banks in the Philippines

References