The Most Reliable Bank in the Philippines, Ranked

Voting rules: Choose the bank you think is the most reliable!

Updated on Apr 29, 2024 06:54

In the bustling archipelago of the Philippines, where the economy's pulse is linked closely with the strength of its financial institutions, the reliability of banks is crucial for everyday citizens and businesses alike. Knowing which bank stands firm in its commitments and services can streamline the process of making financial decisions, whether it's for opening a savings account, starting a business, or investing for the future. This interactive space allows you to have your say on which banks you trust the most based on your personal experiences and observations. Each vote helps build a clearer picture for others in the community, guiding them to make informed choices when they are selecting a bank. It’s more than just voting; it's about sharing insights and experiences to benefit the entire community.

What Is the Most Reliable Bank in the Philippines?

1

42
votes
Banco De Oro

BDO is the largest bank in the Philippines in terms of assets, deposits, loans, and capital. It has a wide network of branches and ATMs across the country, making it accessible and convenient for its customers. It also offers various financial products and services such as savings and checking accounts, loans, credit cards, insurance, and investments.
Banco De Oro (BDO) is one of the largest and most reliable banks in the Philippines. It offers a wide range of banking services and operates branches and ATMs nationwide. BDO provides secure and convenient banking solutions to individuals, businesses, and corporate clients.

Established: 1968

Headquarters: Makati City, Philippines

Assets: PHP 3.3 trillion (as of 2020)

Branches: more than 1,400

ATMs: over 4,400
2

31
votes
Metropolitan Bank and Trust Company

George Ty

Metrobank is a well-established bank in the Philippines, with a long history of providing quality service to its customers. It offers a wide range of financial products and services, including savings and checking accounts, loans, credit cards, insurance, and investments. Metrobank has a strong presence in the country, with over 950 branches and 2,300 ATMs.
Metropolitan Bank and Trust Company (Metrobank) is one of the largest and most trusted banking institutions in the Philippines. It was founded in 1962 by George Ty and has since grown to become a leader in banking services across the country.

Assets: PHP 2.39 trillion

Number of Branches: 1,800+

International Presence: Presence in 24 countries

Mobile Banking: Available

Online Banking: Available
3

35
votes
Bank of the Philippine Islands

Bank of the Philippine Islands

BPI is one of the oldest and largest banks in the Philippines, with a strong reputation for reliability and stability. It offers a diverse range of financial products and services, including savings and checking accounts, loans, credit cards, insurance, and investments. BPI has over 800 branches and 3,000 ATMs nationwide.
The Bank of the Philippine Islands (BPI) is one of the most reputable banks in the Philippines, offering a wide range of financial services and products. It is recognized for its strong reputation, stability, and reliability in the banking industry.

Established: August 1, 1851

Headquarters: Makati City, Philippines

Number of Branches: approximately 900 branches nationwide

ATM Network: over 3,000 ATMs

Online Banking: BPI Online and BPI Mobile App
4

21
votes
Philippine National Bank

PNB is a government-owned bank that has been in operation for over a century. It has a strong reputation for reliability and stability and offers a wide range of financial products and services, including savings and checking accounts, loans, credit cards, insurance, and investments. PNB has over 700 branches and 1,400 ATMs nationwide.
The Philippine National Bank (PNB) is one of the oldest and most trusted banks in the Philippines. It is a universal bank that provides a wide range of financial services to both individual and corporate clients. With its strong presence and extensive network of branches nationwide, PNB has become a leading player in the Philippine banking industry.

Headquarters: PNB Financial Center, Pasay City, Philippines

Type: Universal Bank

Total Assets: PHP 966.79 billion (as of December 31, 2020)

Number of Branches: 694 branches (as of December 31, 2020)

Services: Deposit accounts, loans, credit cards, remittances, treasury, foreign exchange, investment, and other banking services
5

18
votes
National Historical Commission of the Philippines · Public domain

China Banking Corporation

Dee C. Chuan

China Bank is a well-established bank in the Philippines, with a strong reputation for reliability and stability. It offers a diverse range of financial products and services, including savings and checking accounts, loans, credit cards, insurance, and investments. China Bank has over 500 branches and ATMs nationwide.
China Banking Corporation, also known as China Bank, is one of the most reliable banks in the Philippines. It was founded in 1920 by Dee C. Chuan. With its long-standing presence in the country's banking industry, China Bank has established itself as a trusted institution that provides a wide range of financial services to both individuals and businesses.

Established: 1920

Headquarters: Makati City, Philippines

Number of Branches: about 600

ATM Network: over 1,300 ATMs

Services: Retail banking, corporate banking, treasury, and trust
6

14
votes
Security Bank Corporation

Frederick Y. Dy

Security Bank is a fast-growing bank in the Philippines, with a strong reputation for reliability and innovation. It offers a diverse range of financial products and services, including savings and checking accounts, loans, credit cards, insurance, and investments. Security Bank has over 300 branches and ATMs nationwide.
Security Bank Corporation is one of the most reliable banks in the Philippines. It is a universal bank that provides a wide range of financial services to individual and corporate customers. With a strong presence in the country for over 70 years, Security Bank has established a reputation for stability, trustworthiness, and customer-centricity.

Headquarters: Makati City, Philippines

Established: August 8, 1951

Bank type: Universal Bank

Services: Retail banking, corporate banking, investment banking, asset management

Number of branches: 300+
7

13
votes
UnionBank of the Philippines

UnionBank of the Philippines

UnionBank is a leading digital bank in the Philippines, with a strong reputation for innovation and customer service. It offers a range of financial products and services, including savings and checking accounts, loans, credit cards, insurance, and investments. UnionBank has over 400 branches and ATMs nationwide.
UnionBank of the Philippines is one of the leading banks in the country, providing a range of financial services to individuals, businesses, and corporations. With its strong commitment to innovation and technology, UnionBank has established itself as a reliable and customer-centric institution.

Founded: August 16, 1968

Headquarters: Pasig City, Metro Manila, Philippines

Total Assets: PHP 659.9 billion (as of December 31, 2020)

Number of Branches: 345 branches nationwide

Digital Services: Fully digital banking experience, online and mobile banking, e-wallets
8

11
votes
EastWest Bank

Andrew L. Gotianun Sr.

EastWest Bank is a dynamic and fast-growing bank in the Philippines, with a strong reputation for innovation and customer service. It offers a range of financial products and services, including savings and checking accounts, loans, credit cards, insurance, and investments. EastWest Bank has over 400 branches and ATMs nationwide.
EastWest Bank is one of the most reliable banks in the Philippines, offering a wide range of financial products and services to individuals and businesses. It provides innovative banking solutions with a focus on customer satisfaction and convenience.

Established: 1994

Headquarters: Taguig City, Philippines

Number of Branches: 500+

Services: Retail banking, corporate banking, treasury, credit cards, consumer loans, online banking

Deposits: Savings accounts, checking accounts, time deposits
9

4
votes
Land Bank of the Philippines

Republic Act No. 3844

Land Bank is a government-owned bank that focuses on providing financial services to the agricultural sector and other priority sectors of the economy. It offers a range of financial products and services, including savings and checking accounts, loans, credit cards, insurance, and investments. Land Bank has over 400 branches and ATMs nationwide.
Land Bank of the Philippines is a government-owned financial institution in the Philippines that provides banking services to support the agricultural sector and promote countryside development. It is one of the largest universal banks in the country with a wide range of financial products and services.

Type: Government-owned universal bank

Established: August 8, 1963

Headquarters: Manila, Philippines

CEO: Cecilia C. Borromeo

Market Presence: Nationwide
10

5
votes
Mbdz DBP · CC BY-SA 4.0

Development Bank of the Philippines

The Philippine government

DBP is a government-owned bank that focuses on providing financial services to the development needs of the country. It offers a range of financial products and services, including savings and checking accounts, loans, credit cards, insurance, and investments. DBP has over 100 branches and ATMs nationwide.
Development Bank of the Philippines (DBP) is a government-owned development bank in the Philippines that primarily caters to the financing needs of various sectors for economic development. It provides financial assistance and services to both public and private entities to support infrastructure projects and promote economic growth in the country.

Established: July 8, 1947

Type: Government-owned corporation

Headquarters: Makati City, Philippines

Revenue: PHP 32.1 billion (2019)

Assets: PHP 699.8 billion (2019)

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Discussion

Ranking factors for reliable bank

Financial strength and stability

This includes a bank's asset quality, capital adequacy, liquidity, and profitability.
Customer service

This encompasses the bank's responsiveness to customers' needs, complaint resolution, and overall satisfaction.
Technology and innovation

This includes the bank's use of technology to improve its products and services, and its ability to innovate to meet customers' changing needs.
Reputation and trustworthiness

This encompasses the bank's history of ethical behavior, transparency, and reliability.
Product offerings and pricing

This includes the variety, quality, and affordability of the bank's products and services.
Accessibility and convenience

This encompasses the bank's network of branches and ATMs, online and mobile banking services, and availability of customer support.
Regulatory compliance

This includes the bank's adherence to legal and regulatory requirements for customer protection, data privacy, and anti-money laundering.

About this ranking

This is a community-based ranking of the most reliable bank in the Philippines. We do our best to provide fair voting, but it is not intended to be exhaustive. So if you notice something or Bank is missing, feel free to help improve the ranking!

Statistics

6758 views
200 votes
10 ranked items

Voting Rules

A participant may cast an up or down vote for each Bank once every 24 hours. The rank of each Bank is then calculated from the weighted sum of all up and down votes.

More information on most reliable bank in the philippines

The banking industry in the Philippines has been steadily growing over the years, with numerous options available for consumers to choose from. However, with so many banks to choose from, it can be challenging to determine which one is the most reliable. When it comes to reliability, factors such as financial stability, customer service, and trustworthiness are crucial. Customers need to feel secure in their banking transactions and know that their money is in good hands. Several banks in the Philippines have established themselves as reliable options, consistently delivering top-notch services to their customers. These banks have proven their financial stability and have gained the trust of their customers over time. In this article, we will explore the most reliable banks in the Philippines, taking into account their financial stability, customer service, and other essential factors. We will provide a comprehensive review of each bank, giving you the necessary information to make an informed decision when choosing a reliable bank in the Philippines.