The largest banks in the Philippines, according to the central bank of the Philippines.
The Philippine banking industry is dominated by five large companies: BDO Unibank, Land Bank of the Philippines, Metrobank, Bank of the Philippine Islands (BPI), and Philippine National Bank (PNB). The five banks together account for almost two-thirds of the country’s total banking assets.
Banco de Oro (BDO) is the largest bank in terms of total assets and deposits. It has a market share of more than 18% in both categories. Landbank is the second largest, with a market share of about 13%. Metrobank follows with a market share of about 11%. BPI comes in fourth with a market share of about 11%. Philippine National Bank is fifth, with a market share of about 6%.
Largest Banks in the Philippines 2022
We have completed the list of the largest banks in the Philippines so that you can review their products, services, and financial assets.
Source: Data extracted from Bangko Sentral ng Pilipinas (Central Bank of the Philippines).
Date: As of January 1, 2022
Type of banks: Universal and commercial bank group.
Currency: Amounts in in million Philippine pesos.
|1||BDO Unibank, Inc.(Banco de Oro or BDO)||3,484,525.19||http://www.bdo.com.ph/|
|2||Land Bank of the Philippines||2,586,099.11||https://www.landbank.com/|
|3||The Metropolitan Bank and Trust Company (Metrobank)||2,179,339.00||https://www.metrobank.com.ph/|
|4||Bank of the Philippine Islands (BPI)||2,102,113.77||https://www.bpi.com.ph/|
|5||Philippine National Bank (PNB)||1,199,907.60||https://www.pnb.com.ph/|
|6||Development Bank of the Philippines (DBP)||1,158,101.94||https://www.dbp.ph/|
|7||China Banking Corporation (CBC)||1,024,695.41||https://www.chinabank.ph/|
|8||Rizal Commercial Banking Corporation (RCBC)||955,027.46||https://www.rcbc.com/|
|9||Union Bank of the Philippines (UnionBank)||725,532.77||https://unionbankph.com/|
|10||Security Bank Corporation (Security Bank Philippines)||700,525.17||https://www.securitybank.com/|
|13||United Coconut Planters Bank (UCPB)||319,293.64||https://www.ucpb.com/|
|14||Asia United Bank (AUB)||314,834.04||https://www.aub.com.ph/|
|15||Bank of Commerce||199,284.56||https://www.bankcom.com.ph/|
|16||Hongkong and Shanghai Banking Corporation Limited (HSBC)||198,844.92||https://www.hsbc.com.ph/|
|17||Robinsons Bank Corporation (Rbank)||176,933.56||https://www.robinsonsbank.com.ph/|
|18||Philippine Trust Company (Philtrust Bank)||172,272.75||https://philtrustbank.com/|
|19||Philippine Bank of Communications (PBCOM)||111,667.36||http://www.pbcom.com.ph/|
|20||Maybank Philippines, Incorporated||102,117.27||https://www.maybank.com.ph/|
|21||MUFG Bank, Ltd||84,020.48||https://www.bk.mufg.jp/global/|
|22||Standard Chartered Bank||81,274.50||https://www.sc.com/ph/|
|23||Mizuho Asia Pacific – Manila Branch||78,060.91||https://www.mizuhogroup.com/|
|24||Bank of China (Hong Kong) Limited – Manila Branch||57,966.81||https://www.bankofchina.com.ph/|
|25||CTBC Bank (Philippines) Corp||52,796.14||https://www.ctbcbank.com.ph/|
|26||Philippine Veterans Bank||52,139.37||https://www.veteransbank.com.ph/|
|27||JPMorgan Chase Bank, NA – Manila Branch||50,336.90||https://www.jpmorgan.com/|
|28||Deutsche Bank AG||50,032.78||https://country.db.com/philippines/|
|29||Australia and New Zealand Banking Group Limited (ANZ)||46,173.11||https://www.anz.com/|
|30||Sumitomo Mitsui Banking Corporation (SMBC)||43,837.34||https://www.smbc.co.jp/asia/philippines/|
|31||BDO Private Bank||38,004.00||https://www.bdo.com.ph/|
|32||ING Bank N.V. (ING Philippines)||31,463.93||https://ing.com.ph/|
|33||Bank of America N.A.||25,277.35||https://www.bankofamerica.com/|
|34||CIMB Bank Philippines||20,688.72||https://www.cimbbank.com.ph/|
|35||KEB Hana Bank Manila Branch||17,508.17||https://global.1qbank.com/|
|36||Mega International Commercial Bank Co Ltd||13,950.80||https://www.megabank.com.tw/|
|37||Bangkok Bank Public Co. Ltd.||11,210.43||https://www.bangkokbank.com/|
|38||Industrial and Commercial Bank of China (ICBC) Manila Branch||9,785.15||http://www.icbcmanila.com.cn/|
|39||Industrial Bank of Korea Manila Branch||8,112.70||https://global.ibk.co.kr/|
|40||SHINHAN BANK – MANILA BRANCH||7,106.15||https://www.shinhan.com/en/|
|41||Cathay United Bank Manila Branch||6,185.23||https://www.cathaybk.com.tw/|
|42||Hua Nan Commercial Bank Philippine (HNCB Manila Branch)||6,079.64||https://www.hncb.com.tw/|
|43||Chang Hwa Commercial Bank Ltd., Manila Branch||5,570.09||https://www.bankchb.com/|
|44||United Overseas Bank Limited, Manila Branch (UOB)||4,963.43||https://www.uobgroup.com/|
|45||First Commercial Bank Ltd Manila Branch (FCB)||3,473.59||https://www.firstbank.com.tw/|
|46||Al Amanah Islamic Investment Bank of the Philippines (AAIIBP)||842.03||https://amanahbank.gov.ph/|
Click here to view the services and products of the largest banks in the Philippines.
You may also like to read the complete list of banks in the Philippines.