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 17 October 2017, there were 36 universal and commercial banks, 57 savings banks, 492 rural banks, 40 credit unions and 6,267 non-banks with quasi-banking functions, all licensed by the Bangko Sentral ng Pilipinas 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 and Loan Association, Inc., which is exclusive to active servicemen and retirees of the armed forces in the Philippines.

List

Universal and commercial banks

Source: Bangko Sentral ng Pilipinas

Savings banks

The banks listed above are those with the biggest assets in the Philippine Banking Industry as of September 30, 2017.

Rural and cooperative banks

The rural and cooperative banks listed above are the updated list from the Bangko Sentral ng Pilipinas as of September 2017. The largest rural bank in the Philippines in terms of assets is BDO Network Bank.

Defunct or merged banks