Top 10 Banks in The Philippines ([2024)

Here’s a look at the top 10 Banks in the Philippines, based on factors like assets, market capitalization, branch network, and reputation:

1. BDO Unibank

   • Largest bank in the Philippines in terms of total assets.
   • Extensive branch network and ATM coverage nationwide.
   • Wide range of financial products and services for both individuals and businesses.

2. Metropolitan Bank and Trust Company (Metrobank)

   • One of the oldest and largest banks in the country.
   • Strong reputation for corporate banking and foreign exchange services.
   • Expanding digital banking presence.

3. Bank of the Philippine Islands (BPI)

   • The oldest bank in the Philippines and Southeast Asia.
   • Extensive range of products and services catering to various market segments.
   • Focus on innovation and digital banking solutions.

4. Land Bank of the Philippines (Landbank)

   • Government-owned bank with a mandate to serve the agriculture sector and rural communities.
   • Growing network of branches and ATMs nationwide.
   • Offers subsidized loans and financial services to farmers and small businesses.

5. Security Bank Corporation

   • Known for its excellent customer service and innovative products.
   • Strong focus on retail banking and small and medium enterprises (SMEs).
   • Growing its digital banking capabilities.

6. China Banking Corporation (Chinabank)

   • One of the leading commercial banks with a sizable corporate banking portfolio.
   • Good reputation for trade financing and treasury services.
   • Expanding its retail banking segment.

7. Rizal Commercial Banking Corporation (RCBC)

   • Offers a diverse range of financial products and services.
   • Focuses on consumer banking, SMEs, and corporate banking.
   • Actively developing its digital banking platforms.

8. Philippine National Bank (PNB)

   • Government-owned bank with a long history.
   • Provides banking services to government agencies, local government units, and government-owned and controlled corporations (GOCCs).
   • Also serves individual and corporate clients.

9. Union Bank of the Philippines (UnionBank)

   • Known as a leader in digital banking and innovation.
   • Offers a unique range of digital products and services.
   • Growing its customer base through its user-friendly platforms.

10. Development Bank of the Philippines (DBP)

• Government-owned bank with a focus on infrastructure development and financing.
• Provides loans to various industries including energy, transportation, and water.
• Also offers retail banking services.

Please Note: The ranking of banks can fluctuate over time based on economic indicators and market performance. It’s always a good idea to research based on your specific financial needs