Saturday 19 January
Apr 26, 2016 @ 8:49

BDO still the biggest bank; Metrobank 2nd


DO Unibank Inc., controlled by retail tycoon Henry Sy, remains the country?s biggest universal and commercial bank in terms of assets, capital, loans and deposits as of end-2015.

Data from Bangko Sentral ng Pilipinas showed BDO had total assets of P1.943 trillion as of Dec. 31 last year. It was followed by Metropolitan Bank & Trust Co. at P1.461 trillion, and the Ayala-led Bank of the Philippine Islands with P1.241 trillion.

Other banks in the top 10 are Land Bank of the Philippines, P1.197 trillion; Philippine National Bank, P628.970 billion; Security Bank Corp., P532.984 billion; Development Bank of the Philippines, P508.463 billion; China Banking Corp., P454.852 billion; Rizal Commercial Banking Corp., P432 billion; and Union Bank of the Philippines, P375.940 billion.

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