January 04, 2017

BDO retains #1 spot as the largest bank in the Philippines

  • HOME
  • Blog
  • BDO retains #1 spot as the largest bank in the Philippines
  • Bangko Sentral ng Pilipinas (BSP) has released the latest data that shows the ranking as to Total Assets for Universal and Commercial Bank Group, and BDO Unibank Inc. topped the list.

    smic_bdo_article-image

    BDO UNIBANK. Still PH’s biggest bank. Image grabbed from SM Investments

    The data shown by BSP as of September 30, 2016 has Henry Sy’s BDO Unibank Inc. as rank number one, currently with P2,092,685.54 (million pesos) total assets, retaining its spot in the previous data released last March 31, 2016.

    bdo

    BSP LIST. The top 10 banks as to total assets. Data by Bangko Sentral ng Pilipinas

    BDO Unibank, is a member of the SM Group which is one of the country’s most successful conglomerates. The bank also offers services such as lending, deposit-taking, foreign exchange, credit cards,and investment banking among others.

    Placing on the second spot is Metrobank, with P1,398,305.31 total assets, followed by Land Bank of the Philippines with P1,335,098.49.

    For the fourth spot, Ayala Corporation-owned Bank of the Philippine Islands (BPI) posted P1,310,656.25, and Security Bank Corporation at the fifth spot with P680,724.30.

    The last five on the top 10 list includes Philippine National Bank (PNB) with P677,733.07, Development Bank of the Philippines (DBP) with P492,453.29, China Banking Corporation with P488,012.59, Rizal Commercial Banking Corporation with P415,035.50, and lastly, Union Bank of the Philippines with P410,563.48.

    Source: Bangko Sentral ng Pilipinas, Inquirer Business

               
               
    Recent Comments

    …….

    ★★★★★
    9 months ago
    What do you think about this article?
    ★★ ★★★ ★★★★ ★★★★★

    *

    You might also like...
    Celebrate your graduation at Kitsho!
    February 25, 2018
    Eat Sustainably, Eat Sensibly at Market Café
    February 25, 2018
    Native AD
    5 IG-worthy Restaurants and Bars in Metro Manila
    February 24, 2018
    Filipino-American writer wins top award for children’s novel
    February 24, 2018
    MMDA announces road closures for 32nd People Power Anniversary on Sunday
    February 23, 2018