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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). Historical assets are retrieved from the Published Balance Sheets/Statements of Condition submitted by the banks to BSP. Overall Philippine banks Universal and commercial banks September 2020 2018 2017 Thrift banks 2019 2018 2017 See also * List of banks in the Philippines * List of largest banks in Southeast Asia Review of top banks in the Philippines References https://www.bsp.gov.ph/Statistics/Financial%20Statements/Commercial/assets.aspx {{Asia topic, List of banks in Philippines Philippines Banks A bank is a financial institution that accepts deposits from the public and creates a demand deposit while simultaneously making loans. Lending activities can be directly performed by the bank or indirectly through capital markets. Becaus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippines
The Philippines (; fil, Pilipinas, links=no), officially the Republic of the Philippines ( fil, Republika ng Pilipinas, links=no), * bik, Republika kan Filipinas * ceb, Republika sa Pilipinas * cbk, República de Filipinas * hil, Republika sang Filipinas * ibg, Republika nat Filipinas * ilo, Republika ti Filipinas * ivv, Republika nu Filipinas * pam, Republika ning Filipinas * krj, Republika kang Pilipinas * mdh, Republika nu Pilipinas * mrw, Republika a Pilipinas * pag, Republika na Filipinas * xsb, Republika nin Pilipinas * sgd, Republika nan Pilipinas * tgl, Republika ng Pilipinas * tsg, Republika sin Pilipinas * war, Republika han Pilipinas * yka, Republika si Pilipinas In the recognized optional languages of the Philippines: * es, República de las Filipinas * ar, جمهورية الفلبين, Jumhūriyyat al-Filibbīn is an archipelagic country in Southeast Asia. It is situated in the western Pacific Ocean and consists of around 7,641 islands t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Commerce
Bank of Commerce, commonly known as BankCom, is a universal bank in the Philippines and is licensed by the Bangko Sentral ng Pilipinas (BSP). Bank of Commerce is an affiliate of San Miguel Corporation (SMC). Bank of Commerce has a network of 140 Branches and 260 Automated Teller Machines (ATMs) located nationwide, as of December 31, 2020. History BankCom has been operating since 1963 and traces its origins to Overseas Bank of Manila with headquarters in Binondo, Manila. The bank has since evolved through different phases of growth. In 1980, Overseas Bank of Manila changed its name to Commercial Bank of Manila (ComBank). The following year, the Government Service Insurance System (GSIS) acquired ComBank. In 1984, ComBank acquired Royal Savings Bank. Bank of Boston, one of the oldest and leading banks in the United States together with a local investment group acquired ComBank in 1988. The bank was then renamed Boston Bank of the Philippines. In November 1991, the bank changed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Maybank
Malayan Banking Berhad (doing business as Maybank) is a Malaysian universal bank, with key operating "home markets" of Malaysia, Singapore, and Indonesia. According to the 2020 Brand Finance report, Maybank is Malaysia's most valuable bank brand, the fourth top brand in amongst the Asean countries, and ranked 70th in the world’s most valuable bank brands. Background Maybank is Malaysia's largest bank by market capitalisation and total assets and one of the largest banks in Southeast Asia, with total assets exceeding US$203 billion and having a net profit of US$1.98 billion for 2019. Maybank is also ranked 106th in The Banker's 2020 Top 1000 World Banks (as at July 2020) and is ranked 349th in the Forbes Global 2000 Leading Companies (as at May 2020). Maybank is the largest public listed company on Bursa Malaysia, the Malaysian stock exchange, with a market capitalisation of US$23.7 billion as of 31 December 2019. Maybank's Islamic banking arm, Maybank Islamic, is the la ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Hongkong And Shanghai Banking Corporation
The Hongkong and Shanghai Banking Corporation Limited (), commonly known as HSBC (), was the parent entity of the multinational HSBC banking group until 1991, and is now its Hong Kong-based Asia-Pacific subsidiary. The largest bank in Hong Kong, HSBC operates branches and offices throughout the Indo-Pacific region and in other countries around the world. It is also one of the three commercial banks licensed by the Hong Kong Monetary Authority to issue banknotes for the Hong Kong dollar. The Hongkong and Shanghai Bank was established in British Hong Kong in 1865 and was incorporated as The Hongkong and Shanghai Banking Corporation in 1866, and has been based in Hong Kong (although now as a subsidiary) ever since. It was "The Hongkong and Shanghai Banking Corporation Limited" in 1989. It is the founding member of the HSBC group of banks and companies, and, since 1990, is the namesake and one of the leading subsidiaries of the London-based HSBC Holdings PLC. The company's busi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Citibank Philippines
Citibank Philippines is the Philippines branch of Citibank. In July 1902, the International Banking Corporation, a predecessor to Citibank, opened its first branch in Manila. Currently, it is the largest commercial bank in the Philippines. One of its largest investments in the country is the site building in Bonifacio Global City, Taguig. Citigroup Philippines has 4,200 employees and 3 branches in Metro Manila and Metro Cebu. History In 2008, Citibank began offering mobile phone banking. Two-way SMS is Citibank’s latest mobile phone-based service. It allows cardholders to send Citi a text message inquiring about their available credit balance, amount due and payment due date. It also allows users to order food, flowers, mobile recharges through and can order prepaid Internet load (from Blast) SMS. Cardholders can also pay their bills for Globe postpaid plans. Citibank are the first to offer this service on a credit card. Citibank Philippines also provides its clients with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Security Bank
Security Bank Corporation (SBC) is a universal bank in the Philippines. It was established on June 18, 1951, as Security Bank and Trust Company and was the first private and Filipino-controlled bank of the post-World War II period. Security Bank was publicly listed with the Philippine Stock Exchange in 1995 (). The Bank's major businesses include retail, commercial and corporate banking, and financial markets. It offers a wide range of services, including financing and leasing, foreign exchange and stock brokerage, investment banking, and asset management through its subsidiaries. In 2014, Security Bank embarked on a rebranding campaign called "BetterBanking" to further strengthen market appreciation of its retail banking business, which complements its wholesale banking business. In January 2016, The Bank of Tokyo-Mitsubishi UFJ, Japan's largest bank, acquired a 20% minority stake of Security Bank for a deal worth . As of 2021, Security Bank has a total network of 313 branc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
First Consolidated Bank
The First Consolidated Bank, also known by its initials FCB, is a private, independent development savings bank organized in 1982 in the province of Bohol in the Philippines by a group of Filipino business people. It operates out of Tagbilaran City, and has 79 branches in different parts of the country. History First Consolidated Bank was established in 1982 as a result of the consolidation of 14 independent rural banks in the province of Bohol. The consolidation of these rural banks, the first in Philippine banking history, resulted in the conversion of these rural banks into branches of First Consolidated. In 1993, FCB started expanding into many parts of the Visayas, Mindanao, and Luzon. The bank has 130 banking offices & and promotional centers nationwide (as of January 2019). In December 1996, the Securities and Exchange Commission approved the bank's amendment to operate as a private development bank in accordance with Republic Act No. 7906, otherwise known as the ''Thrif ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Producers Savings Bank Corporation
Producers Savings Banking Corporation, or simply Producers Bank, started operations on November 27, 1995 in San Jose City, Nueva Ecija. As of May 2022, Producers Bank has a total of two hundred fifty three (253) operating branches nationwide. It offers (I) deposit products such as savings account, ATM account, checking account, time deposit account, and foreign currency deposit unit (FCDU) account, (II) loan products like business loan, mortgage loan, agri/crop loan, auto loan and Teacher's Salary loan and (III) money transfer service via Western Union. Producers Bank envisions itself to be the number one (1) partner bank of entrepreneurs and farmers in producing more wealth for the country. References {{reflist See also * Banco Dipolog Banks of the Philippines Banks established in 1995 Companies based in Pasig ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Of Makati
Bank of Makati, (A Savings Bank) Inc. or BMI is a thrift bank established in 1956. It was founded as a rural bank prior to its approval by the Bangko Sentral ng Pilipinas to operate as a thrift bank on April 28, 2015; it officially became a savings bank. History The Bank of Makati was established on September 22, 1956, as the "Rural Bank of Makati, Inc." along J.P. Rizal in the then-town of Makati, Rizal. In October 2001, the banking company underwent a change in ownership as well as some reforms. In November 2005, the name of the company was officially changed to "Bank of Makati (A Rural Bank), Inc.". In 2006, the banking company was included in the list of Top 1000 Corporations in the Philippines. According to the Business World Corporate Profile 2008, the Bank of Makati is the biggest rural bank in the country with total assets worth and a net worth of more than exceeding the worth of some savings banks. The Bank of Company underwent a re-branding in 2009 and adopted a n ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sterling Bank Of Asia
Sterling Bank of Asia is a savings bank in the Philippines principally owned by the JTKC Group of Companies, Surewell Equities, and Star Equities engaged in diverse industries ranging from logistics to finance, real estate, manufacturing, hotel and resort properties. It was established on 30 March 2007 in response to the Philippine government's mandate to create specialized financial institutions that would support the development and growth of the small and medium enterprise sector. As of 2022, it is the sixth largest thrift bank in the Philippines in terms of total assets. It started to operate with seven branches in 2007 prior to its acquisition of Centennial Savings Bank in 2009. As of today, it has forty eight branches all throughout the country. See also *BancNet *List of banks in the Philippines The Philippines has a comprehensive banking system encompassing various types of banks, from large universal banks to small rural banks and even non-banks. As of October 17, 20 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippine Veterans Bank
Philippine Veterans Bank, also known as PVB and Veterans Bank, is a commercial bank in the Philippines. The bank is owned by Philippine World War II war veterans and their families and caters to both corporate and retail financial markets. As part of its charter, PVB allocates 20% of its annual net income for the benefit of its shareholders. History The concept of a bank for veterans of World War II was conceived in 1956, when a war reparations agreement was signed between Japan and the Philippines. The agreement provided for twenty million dollars in cash, five million pesos in capital and ten million dollars in services. Under Republic Act No. 1789, better known as the Reparations Act, the cash reparations were set aside into a special trust fund for the use of World War II veterans and their families. There were plans to split the funds evenly among all veterans, but legislators say that it is in the higher interest that the funds be invested in a bank that would service thei ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
City Savings Bank
City Savings Bank, commonly known as CitySavings, is a thrift bank subsidiary of Union Bank of the Philippines The Union Bank of the Philippines, Inc., more commonly known as UnionBank, is one of the universal banks in the Philippines and the ninth largest bank in the country by assets. UnionBank is a joint consortium among the Aboitiz Group, Insular ... and established in 1965, founded in Cebu City and also member of the Aboitiz Group of Companies. City Savings is regulated by the Bangko Sentral ng Pilipinas. Its corporate office is located at the UnionBank Plaza, Meralco Avenue corner Sapphire and Onyx Streets, Ortigas Center, Pasig, Metro Manila. History CitySavings was incorporated by Don Ramon Aboitiz and Teotimo Abellana in 1965 at Cebu City, Philippines as Cebu City Savings and Loan Association (CCSLA). After 11 years, the bank expanded to the nearby city of Tagbilaran, Bohol. In 2013, City Savings was acquired by UnionBank and became its subsidiary. They then e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
