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Rank Bank name Assets (millions of PHP) Asset change Rank change 1 BDO Unibank, Inc. 4,508,065.88: 2 Land Bank of the Philippines (LBP) 3,325,085.09
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, [1] there were 45 universal and commercial banks, [2] 44 savings banks, [3] 400 rural and cooperative banks, [4] 40 credit unions and 6,267 non-banks with quasi-banking functions, all licensed by the Bangko Sentral ...
' Central Bank of the Philippines '; commonly abbreviated as BSP in both Filipino and English) is the central bank of the Philippines. It was established on January 3, 1949, and then re-established on July 3, 1993 pursuant to the provision of Republic Act 7653 or the New Central Bank Act of 1993 [ 2 ] as amended by Republic Act 11211 or the New ...
Rank Forbes 2000 rank Name Headquarters Revenue (billions US$) Profit (billions US$) Assets (billions US$) Value (billions US$) Industry 1 806 SM Investments: Mandaluyong 10.3 1.4 28.4 18.6 Conglomerate 2 880 Banco de Oro: Mandaluyong 6.1 1.3 81.4 12.7 Banking 3 1,137 Top Frontier Investment Holdings: Mandaluyong 26.0 0.0 47.1 0.6 Conglomerate ...
It is among the very few banks that was granted a full-branch commercial banking license in 1997 and is operating until this day. [2] In 2013, AUB joined the league of Philippine banks that have become publicly listed and acquired universal banking status. [3] As of 2022, AUB is the thirteenth largest bank in the Philippines in terms of assets. [4]
Digital banks in the Philippines are a new formal category of banks which were only approved by the Bangko Sentral ng Pilipinas (BSP), the country's central bank, in 2020. [1] The first such banks launched in the Philippines were Tonik, Overseas Filipino Bank, and UnionDigital of UnionBank of the Philippines. Several more banks were approved by ...
Rank Bank name Country Total assets (US$ billion) 1 DBS Bank Singapore 509.1 2 OCBC Bank Singapore 402.2 3 United Overseas Bank Singapore 340.7 4 Maybank Malaysia 213.2 5
Bank of Commerce (PSE: BNCOM), commonly known as BankCom, is a universal bank in the Philippines and licensed by the Bangko Sentral ng Pilipinas (BSP). [1] BankCom is the banking arm of diversified conglomerate San Miguel Corporation (SMC) .