List of banks in the Philippines

From Wikipedia, the free encyclopedia

The Philippines has a comprehensive banking system encompassing various types of banks, from large universal banks to small rural banks and even non-banks. At present, there are seventeen universal banks, 23 commercial banks, 84 thrift banks, 711 rural banks, 44 credit unions and twelve non-banks with quasi-banking functions, all licensed with the Bangko Sentral ng Pilipinas.

Contents 1 Commercial and universal banks 1.1 Powers of a commercial bank 1.1.1 List of local commercial banks 1.1.2 List of foreign banks with commercial banking operations 1.1.2.1 Branches 1.1.2.2 Subsidiaries 1.2 Powers of a universal bank 1.2.1 List of local universal banks 1.2.1.1 Government-owned 1.2.1.2 Privately owned 1.2.2 List of foreign banks with universal banking operations 2 Thrift banks 2.1 Powers of a thrift bank 2.1.1 List of local thrift banks 2.1.1.1 Government-owned 2.1.1.2 Privately owned 2.1.2 List of foreign banks with thrift banking operations 3 Cooperative and rural banks 3.1 List of cooperative banks 3.2 List of rural banks 3.2.1 Agusan del Norte 3.2.2 Agusan del Sur 3.2.3 Aklan 3.2.4 Albay 3.2.5 Bataan 3.2.6 Batangas 3.2.7 Benguet 3.2.8 Bukidnon 3.2.9 Bulacan 3.2.10 isabela cagayan 3.2.11 Camarines Sur 3.2.12 Camiguin 3.2.13 Capiz 3.2.14 Cavite 3.2.15 Cebu 3.2.16 Compostela Valley 3.2.17 Cotabato 3.2.18 Davao del Norte 3.2.19 Davao del Sur 3.2.20 Davao Oriental 3.2.21 Ifugao 3.2.22 Ilocos Norte 3.2.23 Ilocos Sur 3.2.24 Iloilo 3.2.25 Isabela 3.2.26 Laguna 3.2.27 Lanao del Norte 3.2.28 Lanao del Sur 3.2.29 La Union 3.2.30 Leyte 3.2.31 Maguindanao 3.2.32 Metro Manila 3.2.33 Misamis Occidental 3.2.34 Misamis Oriental 3.2.35 Negros Occidental 3.2.36 Negros Oriental 3.2.37 Nueva Ecija 3.2.38 Nueva Vizcaya 3.2.39 Oriental Mindoro 3.2.40 Pampanga 3.2.41 Pangasinan 3.2.42 Quezon 3.2.43 Rizal 3.2.44 Romblon 3.2.45 Sarangani 3.2.46 South Cotabato 3.2.47 Southern Leyte 3.2.48 Surigao del Sur 3.2.49 Tarlac 3.2.50 Zambales 3.2.51 Zamboanga del Norte 4 Defunct or merged banks

[edit] Commercial and universal banks

Commercial and universal banks under Republic Act No. 8791, also known as the General Banking Act of 2000, share roughly the same powers.

[edit] Powers of a commercial bank

In addition to having the powers of a thrift bank, a commercial bank has the power to accept drafts and issue letters of credit; discount and negotiate promissory notes, drafts, bills of exchange, and other evidences of debt; accept or create demand deposits; receive other types of deposits and deposit substitutes; buy and sell foreign exchange and gold or silver bullion; acquire marketable bonds and other debt securities; and extend credit.

[edit] List of local commercial banks

• Asia United Bank
• Bank of Commerce
• BDO Private Bank (subsidiary of Banco de Oro)
• East West Bank
• Export and Industry Bank
• Philippine Bank of Communications
• Philippine Veterans Bank
• Philtrust Bank

[edit] List of foreign banks with commercial banking operations

[edit] Branches

• Australia and New Zealand Banking Group (ANZ)
• Bangkok Bank
• Bank of America
• Bank of China
• Bank of Tokyo-Mitsubishi
• Citibank
• Deutsche Bank
• Industrial and Commercial Bank of China
• JPMorgan Chase & Co.
• Korea Exchange Bank
• Mizuho Corporate Bank
• Standard Chartered Bank

[edit] Subsidiaries

• ABN AMRO
• Chinatrust Commercial Bank
• Maybank

[edit] Powers of a universal bank

A universal bank has the same powers as a commercial bank with the following additional powers: the powers of an investment house as provided in existing laws and the power to invest in non-allied enterprises.

[edit] List of local universal banks

[edit] Government-owned

• Al-Amanah Islamic Investment Bank of the Philippines
• Development Bank of the Philippines
• Land Bank of the Philippines

[edit] Privately owned

• Allied Bank
• Banco de Oro
• Bank of the Philippine Islands
• Chinabank
• Metropolitan Bank and Trust Company
• Philippine National Bank
• Rizal Commercial Banking Corporation
• Security Bank
• Union Bank of the Philippines
• United Coconut Planters Bank

[edit] List of foreign banks with universal banking operations

• The Hongkong and Shanghai Banking Corporation
• ING Bank
• Standard Chartered Bank

[edit] Thrift banks

[edit] Powers of a thrift bank

A thrift bank has the power to accept savings and time deposits, act as a correspondent with other financial institutions and as a collecttion agent for government entities, issue mortgages, engage in real estate transactions and extend credit. In addition, thrift banks may also maintain checking accounts, act as a depository for government entities and local government units and engage in quasi-banking and money market operations subject to the approval of the Bangko Sentral.

[edit] List of local thrift banks

[edit] Government-owned

• Philippine Postal Savings Bank

[edit] Privately owned

• Accord Savings Bank
• Allied Savings Bank (subsidiary of Allied Bank)
• Anchor Savings Bank
• Area Development Bank
• Asiatrust Bank
• Banco Filipino
• Bank of Calape
• Bank of Cebu
• Bankwise
• Bataan Development Bank
• Bataan Savings and Loan Bank
• BPI Direct Savings Bank (subsidiary of Bank of the Philippine Islands)
• BPI Family Savings Bank (subsidiary of Bank of the Philippine Islands)
• Business and Consumers Bank
• Centennial Savings Bank
• Century Savings Bank
• City Savings Bank
• Citystate Savings Bank
• Cordillera Savings and Loan Bank
• Dumaguete City Development Bank
• Dungganon Bank
• EIB Savings Bank (subsidiary of Export and Industry Bank)
• Equitable Savings Bank (subsidiary of Banco de Oro)
• Express Savings Bank
• Farmers Savings and Loan Bank
• First Consolidated Bank
• GSIS Family Bank (subsidiary of the Government Service Insurance System)
• Hiyas Bank
• Iloilo City Development Bank
• Inter-Asia Development Bank
• ISLA Bank
• Kauswagan Bank
• Legazpi Savings and Loan Bank
• Lemery Savings and Loan Bank
• Liberty Savings and Loan Association
• Life Savings Bank
• Luzon Development Bank
• Malasiqui Progressive Savings and Loan Bank
• Malayan Bank
• Manilabank
• Merchants Savings and Loan Association
• Metro Cebu Public Savings Bank
• Micro Enterprise Bank
• Northpoint Development Bank
• Opportunity Microfinance Bank
• Optimum Development Bank
• Orion Bank
• Pacific Ace Savings Bank
• Palawan Development Bank
• Pampanga Development Bank
• Peñafrancia Savings and Loan Association
• Philam Savings Bank (subsidiary of Philam Life)
• Philippine Business Bank
• Philippine Savings Bank (Metrobank Group)
• Pilipinas Savings Bank
• Planters Development Bank
• Premiere Development Bank
• Progress Savings and Loan Association
• Queen City Development Bank
• Quezon Coconut Producers Savings and Loan Bank
• RCBC Savings Bank (subsidiary of Rizal Commercial Banking Corporation)
• Real Bank
• Robinsons Savings Bank (subsidiary of JG Summit Holdings)
• Sampaguita Savings and Loan Association
• San Pablo City Development Bank
• Sandigan Savings Bank
• Silangan Savings and Loan Bank
• Sterling Bank of Asia
• Tower Development Bank
• UCPB Savings Bank (subsidiary of United Coconut Planters Bank)
• University Savings and Loan Bank
• Village Savings and Loan Association
• Vizcaya Savings and Loan Association
• Wealth Development Bank
• Winbank
• World Partners Bank

[edit] List of foreign banks with thrift banking operations

• American Express Bank
• Citibank (through Citibank Savings)
• GE Consumer Finance (through GE Money Bank)
• HSBC (through HSBC Savings Bank)
• JPMorgan Chase & Co.
• United Overseas Bank

[edit] Cooperative and rural banks

Rural and cooperative banks are the more popular type of banks in the rural communities. Their role is to promote and expand the rural economy in an orderly and effective manner by providing the people in the rural communities with basic financial services. Rural and cooperative banks help farmers through the stages of production, from buying seedlings to marketing of their produce. Rural banks and cooperative banks are differentiated from each other by ownership. While rural banks are privately owned and managed, cooperative banks are organized/owned by cooperatives or federation of cooperatives.

A rural bank has the power to provide adequate credit facilities to farmers and merchants or to cooperatives of such farmers and merchants and, in general, to the people of the rural communities of which the rural bank operates in.

[edit] List of cooperative banks

• Agusan del Norte Cooperative Bank
• Bataan Cooperative Bank
• Camiguin Cooperative Bank
• Capiz Settlers Cooperative Bank
• Cooperative Bank of Agusan del Sur
• Cooperative Bank of Aklan
• Cooperative Bank of Aurora
• Cooperative Bank of Benguet
• Cooperative Bank of Bohol
• Cooperative Bank of Bukidnon
• Cooperative Bank of Bulacan
• Cooperative Bank of Cagayan
• Cooperative Bank of Camarines Norte
• Cooperative Bank of Camarines Sur
• Cooperative Bank of Cavite
• Cooperative Bank of Cebu
• Cooperative Bank of Davao del Sur
• Cooperative Bank of Ilocos Norte
• Cooperative Bank of Iloilo
• Cooperative Bank of La Union
• Cooperative Bank of Lanao del Norte
• Cooperative Bank of Misamis Oriental
• Cooperative Bank of Mountain Province
• Cooperative Bank of Negros Oriental
• Cooperative Bank of Cotabato
• Cooperative Bank of Nueva Ecija
• Cooperative Bank of Palawan
• Cooperative Bank of Pampanga
• Cooperative Bank of Quezon Province
• Cooperative Bank of Surigao del Sur
• Cooperative Bank of Tarlac
• Cooperative Bank of Zambales
• Cooperative Bank of Zamboanga del Norte
• Cooperative Bank of Zamboanga del Sur
• Countryside Cooperative Bank of Batangas
• First Isabela Cooperative Bank
• Ilocos Sur Cooperative Bank
• Leyte Cooperative Bank
• Metro South Cooperative Bank
• National Teachers and Employees Cooperative Bank
• Occidental Mindoro Cooperative Bank
• Samahang Nayon Cooperative Bank of Nueva Vizcaya
• Sorsogon Provincial Cooperative Bank
• Southern Leyte Cooperative Bank

[edit] List of rural banks

[edit] Agusan del Norte

• Butuan City Rural Bank
• Green Bank

[edit] Agusan del Sur

• People's Bank of Caraga
• Enterprise Bank

[edit] Aklan

• Rural Bank of Altavas
• Rural Bank of Numancia

[edit] Albay

• Cagsawa Rural Bank
• Ibalon Rural Bank

[edit] Bataan

• Balanga Rural Bank
• Orani Rural Bank
• Rural Bank of Abucay
• Rural Bank of Bagac

[edit] Batangas

• 5 Speed Rural Bank
• Balayan Bay Rural Bank
• Banco Batangan
• Banco ng Masa
• Bangko Kabayan
• Batangas Rural Bank for Cooperatives
• Bolbok Rural Bank
• Classic Rural Bank
• Dynamic Bank
• Empire Rural Bank
• Excel Rural Bank
• Farmers Rural Bank
• First Coconut Rural Bank
• Limcoma Rural Bank
• Lipa Bank
• Lipa Public Bank
• Malarayat Rural Bank
• Mount Makiling Rural Bank
• New Rural Bank of Agoncillo
• President Jose P. Laurel Rural Bank
• Progressive Rural Bank
• Rural Bank of Alitagtag

[edit] Benguet

• Benguet Center Bank
• Diamond Rural Bank
• Highland Rural Bank
• Rural Bank of Baguio

[edit] Bukidnon

• Asian Hills Bank
• Malaybalay Rural Bank

[edit] Bulacan

• Agricom Rural Bank
• Apex Rural Bank
• Baliuag Rural Bank
• Banco Rural de General Tinio
• Bangko Luzon
• Bangko Rural ng Kalumpit
• Rural Bank of San Pascual inc.
• Delmont Bank
• East Coast Rural Bank of Hagonoy
• Emerald Rural Bank
• Fil-Agro Rural Bank
• Gateway Rural Bank
• La Consolacion Rural Bank
• Rural Bank of Angat
• Rural Bank of Doña Remedios Trinidad
• Silahis Bank

[edit] isabela cagayan

• Providence Rural Bank

[edit] Camarines Sur

• Bangko Rural ng Magarao
• Bangko Rural ng Pasacao
• First Naga Rural Bank
• G-7 Bank
• Municipal Rural Bank of Libmanan
• Municipal Rural Bank of Nabua
• Peñafrancia Rural Bank of Calabanga
• Rural Bank of Sipocot, Inc.

[edit] Camiguin

• Mambajao Community Rural Bank
• Philippine Intercity Rural Bank

[edit] Capiz

• Farmer's Bank of Capiz
• President Roxas Rural Bank

[edit] Cavite

• Advance Rural Bank
• Bangko Mabuhay
• Capitol City Rural Bank of Trece Martires
• Cavite Rural Banking Corporation
• Cebuana Lhuillier Rural Bank
• Central Equity Rural Bank
• Community Bank
• First Reliance Bank
• GMA Rural Bank of Cavite
• Imus Rural Bank
• Masuerte Rural Bank of Bacoor
• Rural Bank of Amadeo

[edit] Cebu

• Aspac Rural Bank
• Banco Maximo
• Banco of East Asia
• Banco Rural de Isla Cordova
• Cardinal Rural Bank
• Coastal Bank
• Community Rural Bank of Catmon
• Community Rural Bank of Medellin
• First Agro Industrial Rural Bank
• Frontier Rural Bank
• Lapu Lapu Rural Bank
• Mactan Rural Bank
• Philippine Countryside Rural Bank
• Pilipino Rural Bank
• Plaza Rural Bank

[edit] Compostela Valley

• Money Mall Rural Bank

[edit] Cotabato

• Probank Mlang, Cotabato

[edit] Davao del Norte

• Century Rural Bank

[edit] Davao del Sur

• Community Rural Bank of Magsaysay
• One Network Bank

[edit] Davao Oriental

• Rural Bank of Baganga

[edit] Ifugao

• Lagawe Highlands Rural Bank

[edit] Ilocos Norte

• Banco Dingras
• Ilocandia Community Bank

[edit] Ilocos Sur

• Cordillera Bank

[edit] Iloilo

• Community Rural Bank of San Joaquin
• Farmers Trader Rural Bank
• First Midland Rural Bank
• Janiuay Rural Bank
• LifeBank
• Progressive Rural Bank
• Rural Bank of Alimodian
• Rural Bank of Anilao
• Rural Bank of Badiangan

[edit] Isabela

• Banco Agricola
• Golden Rural Bank of the Philippines
• Mallig Plains Rural Bank
• Philippine Rural Banking Corporation
• Rural Bank of Alicia
• Rural Bank of Angadanan
• Rural Bank of Benito Soliven

[edit] Laguna

• Biñan Rural Bank
• Card Rural Bank
• De La O Rural Bank
• Entrepreneur Rural Bank
• First United Farmers Bank
• Key Rural Bank
• Ormon Bank
• PlanBank Rural Bank of Canlubang Planters
• Provident Rural Bank of Santa Cruz
• Rural Bank of Alaminos
• Rural Bank of Lumban
• Rural Bank of Pagsanjan

[edit] Lanao del Norte

• 1st Valley Bank

[edit] Lanao del Sur

• Bagong Bangko Rural ng Malabang
• Maranao Rural Bank

[edit] La Union

• Bannawag Rural Bank
• Community Rural Bank of San Gabriel
• Cooperative Rural Bank of La Union
• LUDB Bank
• Networth Bank
• Rang-ay Bank
• Rural Bank of Agoo
• Rural Bank of Bacnotan
• Rural Bank of Bangar
• Rural Bank of Bauang
• Rural Bank of Caba
• Rural Bank of Luna
• Rural Bank of Naguilian
• Rural Bank of Rosario
• Rural Bank of San Juan
• Rural Bank of Santol
• Rural Bank of Sudipen
• Summit Bank

[edit] Leyte

• First Interstate Bank
• Rural Bank of Dulag
• Rural Bank of Kananga

[edit] Maguindanao

• New Settlers Bank

[edit] Metro Manila

• AMA Bank
• Baclaran Rural Bank
• Banco de Jesus Rural Bank
• Banco San Juan
• Bangko Pasig
• BMS Rural Bank
• Builders Rural Bank
• Country Rural Bank of Taguig
• Enterprise Capital Rural Bank
• Filipino Savers Bank
• Finman Rural Bank
• First Country Rural Bank
• First Macro Bank
• Insular Rural Bank
• Marikina Valley Rural Bank
• Rodriguez Rural Bank
• Rural Bank of Alabang

[edit] Misamis Occidental

• Community Rural Bank of Clarin
• First Community Cooperative Bank of Misamis Occidental
• Panguil Bay Rural Bank of Ozamiz

[edit] Misamis Oriental

• Bangko Rural ng Tagoloan
• Community Rural Bank of Naawan
• Philippine Farmers Bank
• Rural Bank of Talisayan

[edit] Negros Occidental

• Community Rural Bank of Magallon
• First Community Bank
• First State Rural Bank
• Nation Bank
• New Rural Bank of Binalbagan
• New Rural Bank of Victorias
• Rural Bank of Bacolod City

[edit] Negros Oriental

• Central Visayas Rural Bank
• Dumaguete Rural Bank
• Rural Bank of Amlan
• Rural Bank of Ayungon
• Rural Bank of Bacong

[edit] Nueva Ecija

• Aliaga Farmers Rural Bank
• Banco Rural de General Tinio
• Bangko Luzon Inc.
• Cabanatuan City Rural Bank
• Citizen's Rural Bank
• Cooperative Bank of Nueva Ecija
• Cuyapo Rural Bank
• FARM Bank
• GM Bank Inc.
• Kabalikat Rural Bank
• Masagana Rural Bank
• Merchant Rural Bank of Talavera
• Millennium Bank
• New Rural Bank of Guimba
• New Rural Bank of San Leonardo
• Producers Rural Bank of San Jose City
• Rural Bank of Laur
• Rural Bank of Lupao
• Rural Bank of Quezon
• Rural Bank of Makati
• Rural Bank of Sto. Domingo
• Small & Medium Enterprise Bank
• Towncall Rural Bank

[edit] Nueva Vizcaya

• Agri Business Rural Bank
• Rural Bank of Aritao

[edit] Oriental Mindoro

• Oriental Tamaraw Rural Bank of Naujan
• Rural Bank of Baco

[edit] Pampanga

• Banco Nuestra Señora del Pilar
• Bank of Florida
• Crown Bank
• Delta Civic Bank
• Guagua Rural Bank
• Guagua Savers Bank
• Rural Bank of Angeles
• Rural Bank of Apalit
• Rural Bank of Bacolor
• Unity Bank

[edit] Pangasinan

• Banco Rural de San Antonio
• Bangko Pangasinan
• Bani Rural Bank
• BHF Rural Bank
• Corfarm Rural Bank of Umingan
• CSF Rural Bank of Bayambang
• Gulf Bank
• Kaluyagan Rural Bank
• Kaunlaran Rural Bank
• Pangasinan Bank
• People's Rural Bank of Binmaley
• Rural Bank of Agno
• Rural Bank of Alaminos
• Rural Bank of Anda
• Rural Bank of Dasol

[edit] Quezon

• Grand-Agri Rural Bank
• Mega Rural Bank
• Polillo Island Rural Bank
• Quezon Capital Rural Bank
• Quezon Traders Rural Bank of Candelaria
• Rural Bank of Alabat
• Rural Bank of Atimonan
• Rural Bank of Candelaria
• Rural Bank of Dolores
• Rural Bank of Sariaya
• Rural Bank of Tagkawayan
• Tiaong Rural Bank

[edit] Rizal

• Binangonan Rural Bank
• Eastern Rizal Rural Bank
• Filidian Rural Bank
• Growers Rural Bank
• Rizal Rural Bank
• Rural Bank of Angono
• Rural Bank of Antipolo
• Rural Bank of Cainta
• Rural Bank of Pilillia
• Rural Bank of San Mateo

[edit] Romblon

• Community Rural Bank of Romblon

[edit] Sarangani

• Rural Bank of DAR Beneficiaries Cooperative
• Rural Bank of Alabel

[edit] South Cotabato

• Peninsula Rural Bank
• People's Rural Bank

[edit] Southern Leyte

• Community Rural Bank of Maasin

[edit] Surigao del Sur

• Bangko Carrascal
• Enterprise Bank

[edit] Tarlac

• Bangko Santo Niño
• Camiling Rural Bank
• First Provincial Bank

[edit] Zambales

• Community Rural Bank of San Felipe
• Countryside Rural Bank of Palauig
• Maharlika Rural Bank
• Zambales Rural Bank
• Zambales Unity Bank of San Narciso

[edit] Zamboanga del Norte

• Community Rural Bank of Dapitan City
• Katipunan Rural Bank
• Rizal Rural Bank
• Rural Bank of Dipolog City

[edit] Defunct or merged banks

• Far East Bank and Trust Company (acquired by Bank of the Philippine Islands)
• Insular Savings Bank (acquired by Citibank)
• International Exchange Bank (merged with Union Bank of the Philippines)
• Monte de Piedad Savings Bank (acquired by Keppel Bank)
• Keppel Bank (acquired by GE Capital Finance)
• Philippine Commercial International Bank (merged with Equitable Bank)
• Prudential Bank (acquired by Bank of the Philippine Islands)
• Urban Bank (forced to close then merged with Export and Industry Bank)
• Equitable PCI Bank (merged with Banco de Oro)