Best Banks in the Philippines 2013

BY FEHL

The following are the lists of best banks in the Philippines for 2013. The lists include the best commercial banks as to assets, deposits, capital, and loans. It would be great to have savings and investments with them. If you are still a student and you are looking for the best bank to work for, they are also recommended.

Taken from their published balance sheets, I have summed up the useful values and amounts associated with their assets, capital, loans and deposits. Notice that I listed the official data for December 2012. I will add the data for December 2013 once it’s available. It’s expected to be available after the last quarter of 2013 so stay tuned. I will also put the difference between the 2012 and 2013 so we could know the changes and so that we can compare the 2-year ratio and whether they have increased or decreased.

I consider the following as the best bank of the Philippines to be banking with this 2013 because of impressive growth last 2012. The top 3 are always BDO (Banco de Oro), Metrobank, and BPI (Bank of the Philippine Islands). It’s obvious why BDO came up to the rank number 1 because it started the bank operations for the weekends and because every SM mall has BDO. I can say BDO, Metrobank and BPI are also the best banks in terms of investment. Euromoney cited Metrobank as the best bank in the country for the past few years. Let’s see this 2013 if PNB would climb up since it acquired Allied Bank on February.

The data below are based from their December 2012 published balance sheets. I will add the data for 2013 once available.

Top 10 Best Bank in the Philippines as to Assets

1. BDO
2. Metrobank
3. BPI
4. Landbank
5. RCBC
6. DBP
7. PNB
8. Chinabank
9. Unionbank
10. Security Bank

Top 10 Best Bank in the Philippines as to Deposits

1. BDO
2. BPI
3. Metrobank
4. Landbank
5. Chinabank
6. RCBC
7. PNB
8. Unionbank
9. DBP
10. UCPB

Top 10 Best Bank in the Philippines as to Loans

1. BDO
2. BPI
3. Metrobank
4. Landbank
5. Chinabank
6. RCBC
7. PNB
8. Security Bank
9. DBP
10. Unionbank

 **This Loans Report excludes Interbank Loans Receivables and Net of General Loans Loss Provisions

Top 10 Best Bank in the Philippines as to Capital

1. BDO
2. Metrobank
3. BPI
4. Landbank
5. Unionbank
6. DBP
7. RCBC
8. Chinabank
9. Security Bank
10. PNB

What about you, where do you put your savings, deposits and investments? Who do you count on when you need loans? Share about your favorite bank by commenting.