Top 30 Savings Banks in the Philippines, by Assets Sep 2011

Here are the Top 30 Savings Banks in the Philippines, based on Total Assets as of September 2011.

We did the ranking of thrift banks or savings banks, based on the banks’ balance sheets as of September 2011, published by the Bangko Sentral ng Pilipinas (BSP).

We can see from the ranking that the top 3 savings banks based on assets as of September 2011 are subsidiaries of the top commercial/universal banks in the Philippines.  BPI Family is a subsidiary of Bank of the Philippine Islands, PS Bank is a subsidiary of Metrobank, and RCBC Savings is a subsidiary of Rizal Commercial Banking Corp (RCBC). Several others in the list are also subsidiaries of commercial/universal banks.
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RANK SAVINGS BANK ASSETS
in BILLION Pesos
1. BPI Family Savings Bank 130.765
2. Philippine Savings Bank (PSBank) 115.452
3. RCBC Savings Bank 57.364
4. Planters Development Bank 53.129
5. HSBC Savings Bank (Phils) 28.159
6. Sterling Bank of Asia 25.957
7. Philippine Business Bank 24.146
8. Citibank Savings 12.051
9. The Real Bank 11.438
10. City Savings Bank 10.933
11. First Consolidated Bank 8.024
12. BPI Direct Savings Bank 7.025
13. UCPB Savings Bank 6.350
14. Malayan Bank Savings
& Mortgage Bank 5.866
15. Philippine Postal Savings Bank 5.414
16. Premiere Development Bank 5.255
17. China Savings Bank 5.051
18. Equicom Savings Bank 4.503
19. Producers Savings Bank 4.052
20. Allied Savings Bank 3.765
21. GSIS Family Bank 2.735
22. Luzon Development Bank 2.540
23. Citystate Savings Bank 2.429
24. Wealth Bank A Development Bank 2.301
25. United Overseas Bank Phils 2.007
26. BPI Globe Banko Savings Bank 1.907
27. Penbank Inc. 1.523
28. Queen City Development Bank 1.505
29. BDO Elite Savings Bank 1.501
30. Tong Yang Savings Bank 1.418

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