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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 September 30, 2022, there were 45 universal and commercial banks, 44 savings banks, 400 rural and cooperative banks, 40 credit unions and 6,267 non-banks with quasi-banking functions, all licensed by the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) under the General Banking Act of 2000.

On top of regular banking services offered by universal, commercial, thrift and rural banks, there are savings and loan associations which are mainly based in communities and among retirees in the armed forces and the police organization and other employees of the government of the Philippines. Prominent among these small savings services is the Armed Forces and Police Savings & Loan Association, Inc. (AFPSLAI), which is exclusive to active servicemen and retirees of the armed forces in the Philippines.

List

Universal and commercial banks

  • The forty-five banks listed above are those with the biggest assets in the Philippine banking industry, listed at the BSP website as of September 30, 2022. The largest of these is BDO Unibank and the smallest is Al-Amanah Islamic Bank.

Source: Bangko Sentral ng Pilipinas

Savings Banks

  • These are the forty-four (44) savings and thrift banks in the Philippines as of September 30, 2022, listed in the official website of the Bangko Sentral ng Pilipinas (BSP).

Rural and cooperative banks

  • The rural and cooperative banks listed above are the updated list from the official website of the Bangko Sentral ng Pilipinas (BSP) as of September 30, 2022. The largest rural bank in the Philippines in terms of assets is BDO Network Bank.

Digital banks

Defunct or merged banks

Largest banks

References

External links