# List of largest banks in the Philippines

These are the largest banks in the Philippines ranked by total assets as published by Bangko Sentral ng Pilipinas (BSP).

## Universal and commercial banks
### As of 30 June 2024

| Rank | Bank name | Assets (millions of PHP) |
| 1 | BDO, Inc. | 4,508,065.88 |
| 2 | Land Bank of the Philippines (LBP) | 3,325,085.09 |
| 3 | Metropolitan Bank and Trust Company (Metrobank) | 3,096,992.46 |
| 4 | Bank of the Philippine Islands (BPI) | 3,090,565.38 |
| 5 | China Banking Corporation (Chinabank) | 1,678,975.53 |
| 6 | Rizal Commercial Banking Corporation (RCBC) | 1,382,041.51 |
| 7 | Philippine National Bank (PNB) | 1,254,974.36 |
| 8 | Security Bank Corporation (Security Bank) | 1,189,460.23 |
| 9 | Union Bank of the Philippines (Unionbank) | 975,009.45 |
| 10 | Development Bank of the Philippines (DBP) | 971,535.85 |
| 11 | East West Banking Corporation (EastWest Bank) | 468,225.98 |
| 12 | Citibank Philippines | 375,941.33 |
| 13 | Asia United Bank Corporation (AUB) | 344,142.34 |
| 14 | Hongkong & Shanghai Banking Corporation (HSBC) | 268,267.33 |
| 15 | Bank of Commerce (BankCom) | 229,169.59 |
| 16 | Philippine Trust Company (Philtrust Bank) | 180,468.08 |
| 17 | Philippine Bank of Communications (PBCom) | 150,778.08 |
| 18 | MUFG Bank Limited | 109,879.07 |
| 19 | Standard Chartered Bank Philippines (SCB PH) | 106,714.72 |
| 20 | Maybank Philippines, Inc. | 105,181.13 |
| 21 | Mizuho Bank Limited - Manila Branch | 96,711.58 |
| 22 | CTBC (Philippines) Corporation | 85,814.75 |
| 23 | JPMorgan Chase Bank National Association | 73,007.38 |
| 24 | Philippine Veterans Bank | 68,866.73 |
| 25 | Bank of China (Hongkong) - Manila Branch | 56,841.30 |
| 26 | Deutsche Bank AG | 54,962.77 |
| 27 | Sumitomo Mitsui Banking Corporation - Manila Branch | 49,171.15 |
| 28 | CIMB Bank Philippines, Inc. | 43,023.67 |
| 29 | ING Bank N.V. | 41,127.85 |
| 30 | Australia and New Zealand Banking Group Limited (ANZ) | 40,671.53 |
| 31 | BDO Private Bank | 36,854.17 |
| 32 | Bank of America N.A. | 32,361.79 |
| 33 | Keb Hana Bank - Manila Branch | 26,764.89 |
| 34 | Bangkok Bank Public Co. Limited | 11,486.72 |
| 35 | Mega International Commercial Bank Co. Limited | 10,908.41 |
| 36 | Shinhan Bank - Manila Branch | 9,494.70 |
| 37 | Industrial and Commercial Bank of China - Manila Branch | 8,793.79 |
| 38 | Hua Nan Commercial Bank Ltd - Manila Branch | 8,670.80 |
| 39 | Industrial Bank of Korea - Manila Branch | 7,946.65 |
| 40 | Cathay United Bank Co. Limited - Manila Branch | 6,961.75 |
| 41 | Chang Hwa Commercial Bank Limited - Manila Branch | 6,237.62 |
| 42 | United Overseas Bank Limited - Manila Branch | 5,152.83 |
| 43 | First Commercial Bank (Taiwan) Limited - Manila Branch [zh] | 3,295.65 |
| 44 | Al-Amanah Islamic Investment Bank of the Philippines | 956.80 |

## Thrift banks
### 2022

| Rank | Bank name | Assets (millions of PHP) |
| 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) |
| 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 |

## Digital banks
### 2023

| Rank | Bank name | Assets (millions of PHP) |
| 1 | Maya Bank, Inc. | 28,080.81 |
| 2 | UnionDigital Bank | 22,472.87 |
| 3 | Gotyme Bank Corporation | 16,803.12 |
| 4 | Tonik Digital Bank, Inc. | 9,742.99 |
| 5 | Unobank, Inc. | 6,828.63 |
| 6 | Overseas Filipino Bank Inc A Digital Bank of Landbank | 4,761.72 |