Money: List of Universal Banks in the Philippines


What is a universal bank or unibank? Well, universal banks are licensed to do many kinds banking activities covering both the activities of a commercial bank (loans, time deposits, savings) and an investment bank (underwriting, issuance of securities, assisting companies in mergers and acquisitions).

In the Philippines, the Bangko Sentral  or the Central Bank has the sole right to issue licences to banks who wanted to operate as a unibank. As of August 1, 2012, the Philippines has 21 Universal Banks. Here' the list of them.


1. Banco de Oro Unibank, Inc.

2. Bank of the Philippine Islands

3. Metropolitan Bank & Trust Company

4. Land Bank of the Philippines

5. Philippine National Bank

6. Allied Banking Corporation

7. China Banking Corporation

8. Rizal Commercial Banking Corporation

9. Union Bank of the Philippines

10. United Coconut Planters Bank

11. Security Bank Corporation

12. Development Bank of the Philippines

13. Philippine Trust Company

14. Al-Amanah Islamic Investment Bank of the Philippines

15. Hongkong and Shanghai Banking Corporation

16. Standard Chartered Bank

17. ANZ Banking Group Ltd.

18. Deutsche Bank AG

19. Internationale Nederlanden Groep Bank N.V. – Manila Branch

20. Mizuho Corporate Bank, Ltd. – Manila Branch

21. East West Banking Corporation

Source: www.bsp.gov.ph

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Comments

  1. Great blog ! amazing..


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  2. I am traveling to Phili soon so this list is very useful. I will stay there for 3 months and still will have access to my company's docs with the help of dataroom services .

    ReplyDelete

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