Top Ten Largest Commercial Banks in the

Philippines
JULY 21, 2011 BY VIC 3 COMMENTS
Banks are where we entrust our money or cash for
security or for earning interest income. A bank is
also where we go when we want to obtain loans for
our various financing needs, such as for our
business startup or expansion. Thus, it is very
important that we choose the best banks which we
can gain solid trust and confidence. There are many
factors and indicators that we can check to
determine the banking partner that is best for us,
such as its financial capacity, reputation and
integrity, recognition and awards, corporate
governance and other things that makes a bank a
great financing institution to do business with. When
it comes to knowing the financial stability of banks in
the Philippines, we look into their assets and equity.
We also analyze the volume of their deposits and
loans. Banks pay interest on their clients’ deposits
while they earn interest on the loans they lend to
their debtors. To have an idea on the largest banks
in the Philippines in terms of financial capacity, the
following is a list of top ten biggest commercial
banks in the country in terms of assets, equity, loans
and deposits as of March 31, 2011.
Top 10 Largest Banks Based on Assets (as of
March 31, 2011)
1. Banco De Oro (BDO) – Php 965.1 billion
2. Metrobank – Php 955.8 billion
3. Bank of the Philippine Islands (BPI) – Php 751.8
billion
4. Landbank – Php 605.2 billion
5. Rizal Commercial Banking Corporation (RCBC) –
Php 311.2 billion
6. Philippine National Bank (PNB) – Php 306.2
billion
7. Development Bank of the Philippines (DBP) – Php
297.4 billion
8. Unionbank of the Philippines (UBP) – Php 244.9
billion
9. Chinabank – Php 235.2 billion
10. Citibank – Php 202.6 billion
op 10 Largest Banks Based on Deposits (as of
March 31, 2011)
1. Banco De Oro (BDO) – Php 745.5 billion
2. Metrobank– Php 714.7 billion
3. Bank of the Philippine Islands (BPI) – Php 604.8
billion
4. Landbank – Php  480.9 billion
5. Philippine National Bank (PNB)  – Php 232.3
billion
6. Rizal Commercial Banking Corporation (RCBC) –
Php 214.9 billion
7. Unionbank of the Philippines (UBP)  – Php 195.4
billion
8. Chinabank – Php 195.1 billion
9. United Coconut Planters Bank (UCPB) – Php
148.5 billion
10.  Allied Bank – Php 146.2 billion
Top 10 Largest Banks Based on Loans * (as of
March 31, 2011)
1. Banco De Oro (BDO) – Php 541.5 billion
2. Bank of the Philippine Islands (BPI) – Php 367.9
billion
3. Metrobank– Php 363.9 billion
4. Landbank – Php 219.9 billion
5. Rizal Commercial Banking Corporation (RCBC) –
Php 141.8 billion
6. Citibank – Php 116.1 billion
7. Philippine National Bank (PNB) – Php 102.9
billion
8. Chinabank – Php 101.3 billion
9. Development Bank of the Philippines (DBP) – Php
100.0 billion
10.  Allied Bank – Php 91.0 billion
*Excludes Interbank Loans Receivables and Net of
General Loan Loss Provision
Stay tuned for our next updates!
Source: Published Balance Sheet /Statement of
Financial Condition of  the banks ranked therein.

List of Universal and Commercial Banks in the

Philippines
There are currently 43 universal and commercial
banks, 57 thrift banks, 492 rural banks, 40 credit
unions, and 6,267 non-banks with quasi-banking
functions in the Philippines. Universal banks actively
operating in the Philippines and with the biggest
financial assets have in-country headquarters in
either Makati, Bonifacio Global City (BGC), Quezon
City or some other part of Metro Manila, Philippines.
Provided under Section 4 of Republic Act No. 8791,
otherwise known as “The General Banking Law of
2000”, the operations and activities of these banks
are subject to supervision of the Bangko Sentral ng
Pilipinas (the central bank of the Republic of the
Philippines).   
The complete list of universal and commercial banks
currently operating in the Philippines are provided
below. Those with the biggest assets are also
enumerated, as well as the largest thrift banks and
rural and cooperative banks. A separate listing for
the representative offices of foreign banks in the
Philippines can be viewed in the bottom part of this
article.
The full list of thrift banks, rural banks, credit unions,
and non-banks with quasi-banking functions can be
accessed through the Directory of Banks and Non-
Banks of the Bangko Sentral.
Universal Banks
Universal banks are financial service conglomerates
that combine investment banking, commercial
banking, development banking, and insurance to
encompass a wider variety of services. They are
also authorized to engage in other functions such as
merchant banking, mutual funds, factoring, housing
finance, and practically all types of functions typical
in the banking business.
According to Bangko Sentral, there are 21 universal
banks with active operations in the Philippines as of
March 2018. These banks are the following:
 Land Bank of the Philippines
 Australia and New Zealand Banking Group
Limited
 Deutsche Bank AG
 ING Bank N.V.
 Mitzuho Bank, Ltd. – Manila Branch
 Standard Chartered Bank
 The Hongkong & Shanghai Banking Corporation
 Asia United Bank Corporation
 Rizal Commercial Banking Corporation
 Security Bank Corporation
 Union Bank of the Philippines
 Al-Amanah Islamic Investment Bank of the
Philippines
 Development Bank of the Philippines
 Bank of the Philippine Islands
 BDO Unibank, Inc.
 United Coconut Planters Bank
  China Banking Corporation
 East West Banking Corporation
 Metropolitan Bank and Trust Company
 Philippine National Bank
 Philippine Trust Company
Commercial Banks
Commercial banks are privately-owned institutions that
accept deposits and lend money to projects to earn
interest. They also offer personal, business, and mortgage
loans, checking account services, and basic financial
products like savings accounts and certificate of deposit to
individuals and businesses. They are primarily owned by
shareholders and are profit-based.
As of March 2018, 22 commercial banks are in operation
in the Philippines and they are listed below:
 Bank of Commerce
 BDO Private Bank, Inc.
 Philippine Bank of Communications
 Philippine Veterans Bank
 Robinsons Bank Corporation
 CTBC Bank (Philippines) Corporation
 Maybank Philippines, Incorporated
 Bangkok Bank Public Co. Ltd.
 Bank of America, N.A.
 Bank of China Limited – Manila Branch
 Citibank, N.A.
 JP Morgan Chase Bank, N.A.
 KEB Hana Bank – Manila Branch
 Mega International Commercial Bank Co., Ltd.
 The Bank of Tokyo-Mitsubishi UFJ, Ltd.
 First Commercial Bank, Ltd., – Manila Branch
 Cathay United Bank Co., Ltd., – Manila Branch
 Shinhan Bank – Manila Branch
  Sumitomo Mitsui Banking Corporation – Manila
Branch
 Industrial Bank of Korea – Manila Branch
 United Overseas Bank Ltd., – Manila Branch
 Hua Nan Commercial Bank, Ltd., – Manila Branch

List of Banks in the Philippines with the Biggest

Financial Assets (as of September 2017)
Top 10 Universal and Commercial Banks
Universal and Commercial Assets in Philippine Peso (data provided
Banks by Bangko Sentral as of September 2017)

1. Banco de Oro (BDO

2,484,620,573,596.92
Unibank, Inc.)
2. Metrobank
(Metropolitan Bank 1,627,441,032,025.43
and Trust Company)
3. Bank of the
1,541,030,664,261.33
Philippine Islands
4. Landbank of the
1,479,365,223,422.43
Philippines
5. Security Bank
796,957,013,257.16
Corporation
6. Philippine National
758,919,001,298.77
Bank
7. Chinabank (China
607,574,589,342.64
Banking Corporation)
8. Development Bank
557,458,721,276.70
of the Philippines
 9. Union Bank of the
488,052,235,582.21
Philippines
10. Rizal Commercial
420,353,746,114.14
Banking Corporation
 

Top 10 Thrift Banks

Assets in Philippine Peso (data
Thrift Banks provided by Bangko Sentral as
of September 2017)
1. Bank of the
Philippine Islands 265,011,599,992.47
Savings Bank
2. Philippine
221,290,937,375.84
Savings Bank
3. Rizal Commercial
Banking Corporation 110,290,602,447.15
Savings Bank
4. China Bank
87,605,123,627.04
Savings
5. Philippine
80,379,774,037.23
Business Bank
6. City Savings
71,700,538,780.17
Bank
7. Philippine
National Bank 46,973,114,935.97
Savings Bank
8. Sterling Bank of 36,266,308,396.87
Asia
9. Bank of Makati 29,312,299,370.42
10. United Coconut
Planters Bank 18,184,952,735.33
Savings Bank

Top 10 Rural and Cooperative Banks

Assets in Millions in Philippine
Rural and Peso (data provided
Cooperative Banks by Bangko Sentral as of
September 2017)
1. One Network
28,147.16
Bank
2. EastWest Rural
22,608.07
Bank
3. CARD Bank, Inc. 11,219.51
4. Guagua Rural
4,498.17
Bank
5. First Isabela
Cooperative Bank 3,900.87
(FICO Bank)
6. GM Bank of
3,445.57
Luzon
7. Quezon Capital
3,419.21
Rural Bank
8. Metro South
3,021.85
Cooperative Bank
 9. Bank of Florida
2,908.36
(BOF Inc.)
10. AMA Rural
2,719.40
Bank
 

List of Foreign Banks with Representative Offices in the

Philippines
Representative offices of foreign banks are set up in the
Philippines to serve as marketing and advertising
platforms with the main purpose of promoting their
services and/or forwarding client orders from abroad.
These offices are not allowed to accept deposits, issue
letters of credit, and engage in foreign exchange trading.
They are required, however, to add the title
“Representative Office” to their official local bank name
to demonstrate the limited function accorded to them by
the Bangko Sentral.
There are 10 Foreign Banks’ Representative Offices
actively operating in the Philippines, and they are as
follows:
 Bank of Singapore Ltd. Representative Office
 Barclays Banks PLC Representative Office
 DBS Bank Ltd. Representative Office
 Japan Bank for International Cooperation
Representative Office
 Rothschild (Singapore) Ltd. Representative Office
 The Bank of New York Mellon Representative Office
 The Export-Import Bank of Korea (Korea Eximbank)
Representative Office
 Union Bank of Switzerland Aktiengesellschaft (AG
or corporation limited by share ownership)
Representative Office
  Wells Fargo Bank, N.A. Representative Office
 Korea Development Bank Representative Office

      Ranking as to Total Assets  Universal and Commercial

Bank Group  As of 30 June 2019  (Amounts in Million
Pesos)        RANK NAME OF BANKTOTAL ASSETS   1BDO
UNIBANK INC2,939,301.74  2METROPOLITAN BANK &
TCO1,938,740.02  3BANK OF THE PHIL
ISLANDS1,861,830.94  4LAND BANK OF THE
PHILIPPINES1,812,955.81  5PHIL NATIONAL
BANK1,012,382.92  6CHINA BANKING
CORP812,839.32  7SECURITY BANK
CORP776,555.03  8DEVELOPMENT BANK OF THE
PHIL667,584.60  9UNION BANK OF THE
PHILS634,163.29  10RIZAL COMM'L BANKING
CORP546,633.93  11EAST WEST BANKING
CORP367,225.60  12UNITED COCONUT PLANTERS
BANK319,976.22  13CITIBANK, N.A.311,726.35  14ASIA
UNITED BANK CORPORATION247,364.96  15HONGKONG
& SHANGHAI BANKING CORP173,640.10  16PHIL TRUST
COMPANY154,773.89  17BANK OF
COMMERCE139,744.64  18ROBINSONS BANK
CORPORATION120,739.22  19MAYBANK PHILIPPINES
INCORPORATED117,026.78  20PHIL BANK OF
COMMUNICATIONS94,522.67  21MIZUHO BANK LTD -
MANILA BRANCH73,564.27  22MUFG BANK,
LTD.71,924.26  23DEUTSCHE BANK
AG63,937.54  24STANDARD CHARTERED
BANK63,198.45  25JP MORGAN CHASE BANK NATIONAL
ASSN.51,851.94  26CTBC BANK (PHILIPPINES)
CORP51,045.90  27AUSTRALIA AND NEW ZEALAND
BANKING GROUP LIMITED50,108.41  28BDO PRIVATE
BANK, INC.45,183.70  29SUMITOMO MITSUI BANKING
CORPORATION-MANILA BRANCH35,605.43  30BANK OF
CHINA LIMITED-MANILA BRANCH33,249.52  31ING BANK
N.V.21,436.15  32BANK OF AMERICA
N.A.18,075.32  33MEGA INT'L COMM'L BANK CO
LTD14,799.75  34KEB HANA BANK - MANILA
BRANCH11,253.05  35BANGKOK BANK PUBLIC CO
LTD9,573.05  36CATHAY UNITED BANK CO LTD - MANILA
BRANCH7,500.14  37INDUSTRIAL BANK OF KOREA
MANILA BRANCH6,834.12  38SHINHAN BANK - MANILA
BRANCH5,111.69  39UNITED OVERSEAS BANK LIMITED
MANILA BRANCH4,377.95  40INDUSTRIAL AND
COMMERCIAL BANK OF CHINA LIMITED - MANILA
BRA4,306.29  41CHANG HWA COMMERCIAL BANK LTD -
MANILA BRANCH3,733.36  42CIMB BANK PHILIPPINES
INC3,487.26  43HUA NAN COMMERCIAL BANK LTD
MANILA BRANCH2,814.37  44FIRST COMMERCIAL BANK
LTD MANILA BRANCH2,519.61  45AL-AMANAH ISLAMIC
INVESTMENT BANK OF THE PHILS759.05       

These are the 10 biggest

banks in the world in 2019
 Chinese banks came out on top as the world's biggest,
according to calculations by The Banker.
 American banks are more efficient in use of their
assets.
 British banks defied the Brexit slump by increasing
their profits.
 Every year, The Banker compiles a list of the biggest
banks in the world, and yet again Chinese banks have
dominated the top of the list.
 The Banker includes 1000 banks across the list, ranking them
based upon Tier 1 capital - a yardstick used by regulators to
assess a bank's financial health.
 On the list of the top 10 banks, only four of them were American,
with one from the UK, one from Japan and the rest were
Chinese.
  While Chinese banks were the largest, American banks were
more efficient in use of their assets, The Banker said.
 "Free and open markets encourage banks to be more efficient,"
Editor Brian Caplen said on the publication's website. "A more
closed system in China with greater state involvement is less
effective in driving efficiency."
 British banks increased their profits by a third, but were still
chasing French banks in terms of profits and capital.
 Check out the list of the 10 biggest banks below.

10. Mitsubishi UFJ, Japan — $146 billion

9. HSBC Holdings, UK — $147 billion

8. Citigroup, US — $158 billion

7. Wells Fargo, US — $168 billion

6. Bank of America, US — $189 billion

5. JPMorgan Chase, US — $209 billion

4. Bank of China, China — $230

3. Agricultural Bank of China, China — $243 billion

2. China Construction Bank, China — $287 billion

1. ICBC, China — $338 billion

Top banks in the Philippines
ByELSHAMAE ROBLES
July 30, 2018

THE Philippines banking system encompasses different

types of banks ranging from large universal banks, small
rural banks to non-banks. Having a vital role in shaping
the country’s economy, each bank is unique in its
approaches.
Recently, debt watcher Moody’s Investor Services gave
the Philippine banking system a “stable” outlook.
Moody’s also acknowledged the asset performance of
banks in the country—as well as their sufficient liquidity
capacity and sustained strength in the local economy.

The Central Bank of the Philippines or Banko Sentral ng

Pilipinas (BSP) acts as the central monetary authority of
all banks in the country. Under the provisions of the
General Banking Act of 2000, BSP, established in July
1993, regulates these banks, including universal and
commercial banks or those that provide the widest range
of banking services; thrift banks, which collect savings
from depositors and invest them; rural or cooperative
banks, which operate in communities that are engaged in
promoting and developing the rural economy; credit
unions, or member-owned financial cooperatives
controlled by its members and are operated on the
principle of people helping people; and non-banks or
financial institutions that do not own a full banking
license but provide bank-related financial services.

BSP also provides policy directions in banking, credit,

and other money matters.Apart from regular banking
services offered by universal, commercial, thrift and rural
banks, savings and loans associations are also operating in
the country. Such is the small savings services like the
Armed Forces of the Philippines Savings and Loans
Association Inc. or AFSLAI, which is exclusive to current
servicemen and retirees of the country’s armed forces.

The following are the top 15 universal and commercial

banks ranked by the BSP according to their total assets as
of March 31, 2018.

1. BDO Unibank Inc. with P2,665,307.23

A full-service universal bank, BDO Unibank Inc. is
currently the largest bank in the Philippines in terms of
assets. It also leads in consolidated resources, deposits,
customer loans, and branch and ATM network all over the
Philippines. BDO offers a wide range of products and
services such as deposits, lending, foreign exchange,
trusts and investments, brokering, credit cards,
remittances, and corporate cash management. It is a
recipient of multiple awards from various local and
international award-giving bodies for both institutional
and product excellence.

2. Metropolitan Bank & TCO (Metrobank) with

P1,705,575.78
Metropolitan Bank & Trust Company or Metrobank
offers a wide range of banking products and services
all not only in the Philippines. It has a network of
more than 2,300 ATMs, 950 local branches, 32 foreign
branches, and representative oTop banks in the
Philippines
ByELSHAMAE ROBLES

July 30, 2018

THE Philippines banking system encompasses different types of banks

ranging from large universal banks, small rural banks to non-banks. Having a

vital role in shaping the country’s economy, each bank is unique in its

approaches.

Recently, debt watcher Moody’s Investor Services gave the Philippine

banking system a “stable” outlook. Moody’s also acknowledged the asset

performance of banks in the country—as well as their sufficient liquidity

capacity and sustained strength in the local economy.

The Central Bank of the Philippines or Banko Sentral ng Pilipinas (BSP) acts

as the central monetary authority of all banks in the country. Under the

provisions of the General Banking Act of 2000, BSP, established in July

1993, regulates these banks, including universal and commercial banks or

those that provide the widest range of banking services; thrift banks, which

collect savings from depositors and invest them; rural or cooperative banks,

which operate in communities that are engaged in promoting and developing

the rural economy; credit unions, or member-owned financial cooperatives

controlled by its members and are operated on the principle of people helping

people; and non-banks or financial institutions that do not own a full banking

license but provide bank-related financial services.

BSP also provides policy directions in banking, credit, and other money

matters.Apart from regular banking services offered by universal,

commercial, thrift and rural banks, savings and loans associations are also

operating in the country. Such is the small savings services like the Armed

Forces of the Philippines Savings and Loans Association Inc. or AFSLAI,

which is exclusive to current servicemen and retirees of the country’s armed

forces.

The following are the top 15 universal and commercial banks ranked by the

BSP according to their total assets as of March 31, 2018.

1. BDO Unibank Inc. with P2,665,307.23

A full-service universal bank, BDO Unibank Inc. is currently the largest bank

in the Philippines in terms of assets. It also leads in consolidated resources,

deposits, customer loans, and branch and ATM network all over the

Philippines. BDO offers a wide range of products and services such as

deposits, lending, foreign exchange, trusts and investments, brokering, credit

cards, remittances, and corporate cash management. It is a recipient of

multiple awards from various local and international award-giving bodies for
both institutional and product excellence.

2. Metropolitan Bank & TCO (Metrobank) with P1,705,575.78

Metropolitan Bank & Trust Company or Metrobank offers a wide range of

banking products and services all not only in the Philippines. It has a network

of more than 2,300 ATMs, 950 local branches, 32 foreign branches, and

representative offices.

3. Bank of the Philippines Islands (BPI) with P1,649,267.36

The Bank of the Philippine Islands was founded in 1851, making it the oldest

bank in the country and in Southeast Asia. It also marked the start of the

banking and finance industry in the Philippines. With its network of more

than 800 branches—in the Philippines and in Hong Kong as well as in

Europe—and 3,000 ATMs and cash deposit machines, BPI offers an

inclusive range of banking products and services like consumer banking and

lending, insurance, foreign exchange, leasing, and corporate and investment

banking. Among the recognition it recently received are the Best Bank for

Family Offices in the Philippines (2018) from Euromoney Awards Global

Markets; Best Fixed Income Economist, 2nd place (2017) Fund Managers’

Association of the Philippines Annual Awards-Emilio S. Neri, Jr.; Best

Individual in Research, Philippines (Rank 2 in 2017), Asian Local Currency

Bonds and Research, Sales &Trading 2018 Awards, The Asset Benchmark

Research – Emilio S. Neri, Jr.; Best Bank in the Philippines (2017) from The

Corporate Treasurer Awards; Silver Anvil for PR Program on a Sustained

Basis, 53rd Anvil from BPI Trusted Advice Campaign; and Silver Anvil for

PR Tools, 53 rd Anvil Awards (2016), Annual Report Private Banking.

4. LandBank of the Philippines with P1,633,082.18

LandBank of the Philippines, a government-owned bank, is considered the

largest formal credit institution in the rural areas. It is also one of the top

commercial banks in the Philippines in terms of assets, loans, and deposits.

From helping farmers and fishermen in 1963 through revenues from its

commercial banking operations, LandBank now enables the universal bank to

strike a balance between maintaining a financially viable institution and

supporting rural development initiatives. The universal bank now manages a

rural branch network of 365 branches and more than 1,600 ATMs.

5. Phil. National Bank (PNB) with P788,835.37

The government established the Philippine National Bank (PNB) 1916,

during the American Occupation. In 2007, it had been officially and fully

privatized. Today, PNB is considered one of the largest private universal

banks in the country. It has a full range of banking and financial products and
solutions and works with the Philippine government, agencies, local

government units and government-owned and controlled corporations.

6. Security Bank Corp. with P703,319.61

Security Bank is among the most stable in the banking industry. Its major

businesses include retail, commercial and corporate banking, and financial

markets. Through its subsidiaries, it also offers a range of services including

financing and leasing, foreign exchange and stock brokerage, investment

banking and asset management.

7. China Banking Corp. with P637,450.79

China Banking Corporation or China Bank was established 1920. It was the

first privately owned local commercial bank in the country, initially catering

to the needs of Chinese-Filipino businessmen. China Bank offers various

banking services and products related to deposit, investment, trust, cash

management, remittance, and financing products and services. It also offers

insurance brokerage and bancassurance services through its subsidiary and

affiliates.

8. Development Bank of the Philippines P617,949.77

Development Bank of the Philippines or DBP is the second-largest state-

owned bank after Landbank and is also one of the largest government-owned

and controlled corporations in the Philippines. It has 114 branches and 15

regional marketing centers across the country.

9. Union Bank of the Philippines with P547,357.25

UnionBank is a Philippine universal bank that has multiple channels

available for transaction and information access such as nationwide branch

network, on-site and off-site automated teller machines, a call center and

Internet bank.The bank is also a provider of corporate cash management &

B2B solutions to leading local and multinational companies operating in the

country.

10. Rizal Commercial Banking Corp. (RCBC) with P475,765.14

Rizal Commercial Banking Corp. or RCBC is majority-owned by the

Yuchengco Group of Companies (YGC). It is one of the oldest and largest

conglomerates in Southeast Asia, with more than 60 businesses.

11. United Coconut Planters Bank with P304,955.91

The United Coconut Planters Bank, more popularly known as UCPB, is one

of the largest banks in the Philippines. The bank, owing to its name, caters

heavily to coconut farmers but also serves a wide-ranging clientele.

12. East West Banking Corporation with P301,766.13

EastWest Bank was established on July 6, 1994. Today, it has developed its

online banking facilities and has embarked on a full computerization program

for a more efficient system to deliver bank products and service.

13. Citibank, N.A. with P294,974.75

Citibank is the largest foreign commercial bank in the Philippines in terms of

assets, revenues, and profitability. It provides corporate banking, treasury,

transactional banking and consumer banking services.

14. Asia United Bank Corporation with P204,086.77

Asia United Bank Corporation or AUB is one of the very few banks that was

“granted a full-branch commercial bank license in 1997 and is operating until

this day.” In 2013, AUB joined the league of Philippine Banks that have

become publicly listed and acquired universal banking status.

15. Hong Kong and Shanghai Banking Corp. with P165,642.58

The Hongkong and Shanghai Banking Corporation Limited is a wholly

owned subsidiary of HSBC, the largest bank in Hong Kong, and operates

branches and offices throughout the Asia Pacific region and in other

countries.

ffices.

3. Bank of the Philippines Islands (BPI) with

P1,649,267.36
The Bank of the Philippine Islands was founded in 1851,
making it the oldest bank in the country and in Southeast
Asia. It also marked the start of the banking and finance
industry in the Philippines. With its network of more than
800 branches—in the Philippines and in Hong Kong as
well as in Europe—and 3,000 ATMs and cash deposit
machines, BPI offers an inclusive range of banking
products and services like consumer banking and lending,
insurance, foreign exchange, leasing, and corporate and
investment banking. Among the recognition it recently
received are the Best Bank for Family Offices in the
Philippines (2018) from Euromoney Awards Global
Markets; Best Fixed Income Economist, 2nd place (2017)
Fund Managers’ Association of the Philippines Annual
Awards-Emilio S. Neri, Jr.; Best Individual in Research,
Philippines (Rank 2 in 2017), Asian Local Currency
Bonds and Research, Sales &Trading 2018 Awards, The
Asset Benchmark Research – Emilio S. Neri, Jr.; Best
Bank in the Philippines (2017) from The Corporate
Treasurer Awards; Silver Anvil for PR Program on a
Sustained Basis, 53rd Anvil from BPI Trusted Advice
Campaign;