List of banks in the Philippines

The Philippines has a comprehensive banking system encompassing various types of banks, from large universal banks to small rural banks and even non-banks. As at 31 March 2011, there are 19 universal banks, 19 commercial banks, 73 thrift banks, 595 rural banks, 40 credit unions and 15 non-banks with quasi-banking functions, all licensed with the Bangko Sentral ng Pilipinas (Central Bank of the Philippines) under Republic Act No. 8791, also known as the General Banking Act of 2000, share roughly the same powers.

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.

List of local universal banks

Government-owned

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

Privately owned

• metrophil bayabas bank
• [[

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.

List of local commercial banks

• Asia United Bank Corporation
• Bank of Commerce
• BDO Private Bank (subsidiary of Banco de Oro)
• Export and Industry Bank(Acquired by Banco De Oro)
• Philippine Bank of Communications
• Philippine Veterans Bank
• Robinsons Bank Corporation

List of foreign banks with commercial banking operations

Branches

• ANZ Banking Group Ltd.
• Bangkok Bank Public Co. Ltd.
• Bank of America, N.A.
• Bank of China Limited-Manila Branch
• Citibank, N.A.
• Deutsche Bank AG
• Hongkong and Shanghai Banking Corporation
• Internationale Nederlanden Groep Bank N.V. - Manila Branch
• JP Morgan Chase Bank, N.A.
• Korea Exchange Bank
• Mega International Commercial Bank Co., Ltd.
• Mizuho Corporate Bank, Ltd. - Manila Branch
• Standard Chartered Bank
• The Bank of Tokyo-Mitsubishi UFJ, Ltd.

Subsidiaries

• Chinatrust (Phils.)
• Maybank Philippines, Inc.

Thrift banks

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 collection 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. As per the banker Amit Malhotra, the performance of thrift banks are under rated.

List of local thrift banks

Government-owned

• Philippine Postal Savings Bank

Privately owned

• Accord Savings Bank
• Allied Savings Bank (subsidiary of Allied Bank)
• Anchor Savings Bank
• Area Development Bank
• Asiatrust Development Bank
• Bank of Calape
• Bank of Cebu
• BankOne Savings and Trust Corporation
• 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
• Century Savings Bank
• Chinabank Savings (formerly Manila Bank; subsidiary of Chinabank)
• 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)
• Equicom Savings Bank
• 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
• LBC Bank (subsidiary of LBC Express Corporation)
• Legazpi Savings Bank, Inc.
• 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
• Microfinance Maximum Savings Bank, Inc. (MAXBANK)
• 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 (to be acquired by Security 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)
• 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
• The Real Bank
• 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

List of foreign banks with thrift banking operations

• Citibank (through Citibank Savings)
• HSBC (through HSBC Savings Bank)
• United Overseas Bank Philippines
• United Alalaybank Bank Philippines

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.

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

List of rural banks

Agusan del Nort

• Green Bank

Agusan del Sur

• Peoples Bank of Caraga, Inc.
• Enterprise Bank

Aklan

• Rural Bank of Altavas
• Rural Bank of Balete
• Rural Bank of Banga (Aklan), Inc. - 1969
• Rural Bank of Banga (Aklan), Inc. - Kalibo Branch
• Rural Bank of Makato
• Rural Bank of New Washington
• Rural Bank of Malinao - Microsavers Bank

Albay

• Camalig Bank
• Cagsawa Rural Bank
• Ibalon Rural Bank
• Rural Bank of Guinobatan

Bataan

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

Batangas

• 5 Speed Rural Bank
• Balayan Bay Rural Bank
• Banco Batangan
• Banco ng Masa
• Bangko Kabayan
• Batangas Rural Bank for Cooperatives
• Bolbok Rural Bank
• Calaca 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
• Lobo Rural 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
• Rural Bank of Padre Garcia
• Sto Rosario Rural BAnk
• Women's Rural Bank, Inc.

Benguet

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

Bukidnon

• Asian Hills Bank
• Malaybalay Rural Bank

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 (Rural bank of San Jose del Monte City)
• East Coast Rural Bank of Hagonoy
• Emerald Rural Bank
• Fil-Agro Rural Bank
• Gateway Rural Bank
• Meyacauayan Second Rural Bank, Inc.
• La Consolacion Rural Bank
• Rural Bank of Angat
• Rural Bank of Doña Remedios Trinidad
• Silahis Bank
• Rural Bank of Bustos
• Rural Bank of Pandi

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.
• Rural Bank of Pamplona, Inc. - Sipocot Branch
• Rural Bank of Minalabac, Inc. - Sipocot Branch
• Rural Bank of San Fernando
• Rural Bank of Libmanan
• Rural Bank of Cabusao
• Rural Bank of San Jose
• Rural Bank of Pili
• Rural Bank of Milaor
• Rural Bank of Ragay
• Rural Bank of Iriga

Camiguin

• Mambajao Community Rural Bank
• Philippine Intercity Rural Bank

Capiz

• Farmer's Bank of Capiz
• President Roxas Rural Bank, Inc.
• Rural Bank of Mambusao, Inc.
• Rural Bank of Panay, Inc.
• Rural Bank of Dao, Inc.
• Rural Bank of Pilar, Inc.
• Rural Bank of Pilar, Inc., Roxas City Branch
• Rural Bank of Ivisan, Inc.
• Rural Bank of Cuartero, Inc.
• Rural Bank of Jamindan, Inc.
• Rural Bank of Sapian, Inc.

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
• Rural Bank of Magallanes
• Rural Bank of Maragondon

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
• Upland Rural Bank
• Bank of the Philippine Islands
• Metrobank
• Banco de Oro

Compostela Valley

• First Tagum Rural Bank, Inc.
• Money Mall Rural Bank
• Rural Bank of Montevista(Davao), Inc
• Rural Bank of Compostela(Davao), Inc

Davao del Norte

• First Tagum Rural Bank, Inc.
• Century Rural Bank

Davao del Sur

• First Tagum Rural Bank, Inc.
• Community Rural Bank of Magsaysay
• One Network Bank

Davao Oriental

• First Tagum Rural Bank, Inc.
• Rural Bank of Baganga

Ifugao

• Lagawe Highlands Rural Bank

Ilocos Norte

• Banco Dingras
• Ilocandia Community Bank
• Cooperative Bank of Ilocos Norte San Nicolas
• Cooperative Bank of Ilocos Norte-Laoag City
• Cooperative Bank of Ilocos Norte-Batac City

Ilocos Sur

• Cordillera Bank
• Vigan Banco Rural Incorporada
• Rural Bank of Tagudin, Inc
• Rural Bank of Cabugao, Inc.
• Rural Bank of Sta. Maria, Inc
• Sadiri Rural Bank, Inc.
• Rural Bank of Magsingal, Inc.
• Ilocos Sur Cooperative Bank

Iloilo

• Bangko Buena Consolidated, Incorporated
• Rural Bank of Sta. Barbara (Iloilo), Inc. - 1960
• Rural Bank of Sta. Barbara (Iloilo), Inc. Barotac Viejo Branch - 2007
• Community Rural Bank of San Joaquin
• Rural Bank of Marayo Banate Branch
• 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
• Rural Bank of Leganes
• Rural Bank of Oton

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
• Providence Rural Bank
• Rural Bank of Magsaysay, Isa. Inc.
• Rural Bank of Cauayan, Inc.

Laguna

• Rural Bank of Bay,Inc.
• 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 Cabuyao, Inc.
• Rural Bank of Lumban
• Rural Bank of Mabitac, Inc.
• Rural Bank of Nagcarlan
• Rural Bank of Paete
• Rural Bank of Pagsanjan
• Rural Bank of Calauan
• Rural Bank of Calamba
• Malarayat Bank
• Planbank A Rural Bank for Canlubang Planters
• Rural Bank Of Magdalena (Laguna), Inc.

Lanao del Norte

• 1st Valley Bank

Lanao del Sur

• Bagong Bangko Rural ng Malabang
• Maranao Rural Bank

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

Leyte

• First Interstate Bank
• Rural Bank of Dulag
• Rural Bank of Hindang
• Rural Bank of Hilongos
• Rural Bank of Bato
• Rural Bank of Burauen
• Rural Bank of Ormoc

Southern Leyte

• Rural Bank of Maasin
• Rural Bank of Malitbog
• Rural Bank of Padre Burgos
• Rural Bank of Hinundayan
• Rural Bank of San Juan

Maguindanao

• New Settlers Bank

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
• MVSM Bank (A Rural Bank Since 1953)
• Rodriguez Rural Bank
• Rural Bank of Alabang
• Rural Bank of Makati

Misamis Occidental

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

Misamis Oriental

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

Negros Occidental

• Rural Bank of Marayo
• Community Rural Bank of Magallon
• First Community Bank
• First State Rural Bank
• Nation Bank
• New Rural Bank of Binalbagan, Inc.
• New Rural Bank of Victorias
• Rural Bank of Bacolod City

Negros Oriental

• Central Visayas Rural Bank
• Dumaguete Rural Bank
• Rural Bank of Amlan
• Rural Bank of Ayungon
• Rural Bank of Bacong
• Rural Bank of Guihulngan
• Rural Bank of Valencia
• Rural Bank of Manjuyod
• Rural Bank of Larena
• Cooperative Rural Bank
• Rural Bank of Basay
• Rural Bank of Pamplona
• {(Rural Bank of Sta. Catalina)]

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
• Westmont Bank

Nueva Vizcaya

• Agri Business Rural Bank
• Rural Bank of Aritao
• Rural Bank of Solano
• Cooperative Bank of Nueva Vizcaya

Oriental Mindoro

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

Pampanga

• Rural Bank of Porac

• 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
• Unity Bank

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
• Rural Bank of Bautista

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
• Rural Bank of Lucban
• Rural Bank of Mauban

Rizal

• Binangonan Rural Bank
• Eastern Rizal Rural Bank
• Filidian Rural Bank
• Growers Rural Bank
• Tanay Rural Bank
• Rizal Rural Bank (Taytay), Inc.
• Rural Bank of Angono
• Rural Bank of Antipolo
• Rural Bank of Cainta
• Rural Bank of Montalban
• Rural Bank of Pililla

Romblon

• Community Rural Bank of Romblon

Sarangani

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

Sarangani Rural Bank, Inc.

South Cotabato

• Peninsula Rural Bank
• People's Rural Bank
• Partner Rural Bank, Surallah, So. Cot.

Sarangani Rural Bank, Inc

Southern Leyte

• Community Rural Bank of Maasin

Sultan Kudarat

• Partner Rural Bank, Tacurong City

Surigao del Sur

• Bangko Carrascal
• Enterprise Bank
• Cantilan Bank, Inc.

Tarlac

• Bangko Santo Niño
• Camiling Rural Bank
• First Provincial Bank
• Rural Bank of Tarlac
• Rural Bank of Victoria
• Rural Bank of Pura
• Rural Bank of La Paz
• St. Michael Rural Bank

Zambales

• Community Rural Bank of San Felipe
• Countryside Rural Bank of Palauig
• Maharlika Rural Bank
• Rural Bank of Cabangan
• Zambank
• Unity Bank
• Rural Bank of Candelaria Zambales, Inc.
• Rural Bank of San Narcisco, Inc.
• Rural Bank of San Marcelino, Inc.

Zamboanga del Norte

• Rural Bank of Labason
• Community Rural Bank of Dapitan City
• Rural Bank of Roxas
• Katipunan Rural Bank
• Rizal Rural Bank
• Rural Bank of Dipolog City
• Rural Bank of Siocon
• Rural Bank of Liloy

Zamboanga del Sur

• Rural Bank of Pagadian City
• Rural Bank of Salug Valley

Zamboanga Sibugay

• Rural Bank of Kabasalan Inc.

Zamboanga City

• Rural Bank of Siocon Inc.
• Rural Bank of Zamboanga

Defunct or merged banks

• Citytrust Savings Bank (acquired by Bank of the Philippine Islands)
• Acme Savings Bank(Acquired by the Sy Group of Companies and Renamed Banco De Oro)
• Far East Bank and Trust Company (acquired by Bank of the Philippine Islands)
• People's Bank and Trust Company(acquired by Bank of the Philippine Islands)
• SolidBank Corporation (acquired by Metropolitan Bank and Trust Co)
• G7 Bank
• Insular Savings Bank (acquired by Citibank)
• International Exchange Bank (merged with Union Bank of the Philippines)
• Insular Bank of Asia and America (Merged with Philippine Commercial International Bank)
• Monte de Piedad Savings Bank (acquired by Keppel Bank)
• Mindanao Development Bank(Merged with Equitable Banking Corporation)
• Ecology Bank(Merged with Equitable Banking Corporation)
• Keppel Bank (acquired by GE Capital Finance)
• Philippine Commercial International Bank (merged with Equitable Bank forming Equitable PCI Bank and now merged with Banco De Oro)
• PCIBank Savings (bought by the HSBC Group and renamed HSBC Savings Bank.)
• DBS Bank Philippines Ltd. (acquired by BPI)
• Equitable Banking Corporation (merged with PCI Bank forming Equitable PCI Bank and now merged with Banco De Oro)
• 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)
• Export and Industry Bank (acquired by BDO)
• American Express Bank (Renamed BDO Elite Savings Bank)
• Equitable Savings Bank (merged with BDO)
• Banco Santander Central Hispano (Philippine subsidiary acquired by Banco De Oro and renamed BDO Private Bank)
• Dao Heng Bank (acquired by Banco de Oro)
• 1st E Bank (Philippine Branches acquired by Banco de Oro)
• United Overseas Bank (66 out of 67 Branches merged with Banco De Oro
• BDO Elite Savings Bank (merged with BDO along with Equitable Savings, Equitable PCI and PCI Capital Corp)
• GE Money Bank (acquired by Banco de Oro)
• Green Bank of Caraga(Acquired by East West Bank)