Here are some top banks in the Philippines:
Top Commercial Banks:
- BDO Unibank: Largest bank in the Philippines with assets totaling PHP 4.6 trillion
- Metro Politan Bank and Trust Company: Second-largest bank with a strong reputation and wide network of branches
- Land Bank of the Philippines : Government-owned bank focused on agricultural and rural development with assets totaling PHP 3.3 trillion
- Bank of the Philippines Island: Oldest bank in Southeast Asia with assets worth PHP 2.9 trillion
- Security Bank Corporation: Known for corporate and retail banking with assets worth PHP 1.5 trillion
Other Notable Banks:
- Digital Banks:
- Maya Bank: Offers features like airtime top-ups, money transfers, and cashless payments
- GoTyme Bank: Fastest-growing bank with 3.7 million customers and assets worth PHP 700 billion
- Tonik Digital Bank: Offers customizable mobile app with multiple stash accounts and time deposit accounts
- UnionDigital Bank: Part of UnionBank, offering digital banking services
- Universal Banks:
- Union Bank of the Philippines: Offers accounts, cards, and services for personal and business customers
- East West Banking Corporation: Subsidiary of Filinvest, offering various financial services
- Rizal Commercial Banking Corporation (RCBC): Known for innovative and tech-forward approach
Government-Owned Banks:
- Development Bank of the Philippines (DBP): Focuses on development banking, financing agricultural and industrial enterprises
- Land Bank of the Philippines (LBP): Main government bank supporting agricultural and rural development ¹ ²