PHILIPPINE SAVINGS BANKS: List of Savings Banks in the Philippines

Full List of 50+ Philippine Savings Banks

PHILIPPINE SAVINGS BANKS – Here is a full list of the 50+ savings banks in the Philippines.

There are a lot of banks in the Philippines now. Some are commercial banks while others are rural or savings banks. Aside from the 40+ Philippine commercial banks, there are 50+ savings bank in the country.

The main purpose of a savings bank is to accept savings deposits from the public. These money deposited for safekeeping may earn interest depending on the terms and rate of the bank.

Nowadays, a huge part of the Filipino populace have a deposit account in any of the Philippine savings banks. Some even have their earnings directed to their savings account to keep it safe.

Aside from money safekeeping, a lot of people also like the benefits of owning a savings account. The perks include the opportunity to go on cashless shopping and dining.

Across the nation, there are several shopping malls, restaurants, and establishments that accept debit from the savings account of an individual. The account can also be used to transfer money.

Are you planning to apply for a savings account in any bank in the Philippines soon?

Based on Wikipedia, here is a full list of the 50+ Philippine Savings Banks that you may choose from:

1. BPI Family Savings Bank (a subsidiary of BPI)
2. Philippine Savings Bank (PS Bank; a subsidiary of Metrobank)
3. RCBC Savings Bank (a subsidiary of RCBC)
4. China Bank Savings (a subsidiary of Chinabank)
5. Philippine Business Bank
6. CitySavings Bank (a subsidiary of Unionbank)
7. PNB Savings Bank (a subsidiary of PNB)
8. Sterling Bank of Asia
9. Bank of Makati
10. UCPB Savings Bank (a subsidiary of UCPB)
11. First Consolidated Bank, Inc.
12. Maximum Savings Bank, Inc.
13. HSBC Savings Bank Philippines Inc.
14. BPI Direct BanKo, Inc. (a subsidiary of BPI)
15. Producers Savings Bank Corporation (Producers Bank)
16. Philippine Resources Savings Banking Corporation (PR Savings Bank; acquired by CitySavings Bank)
17. Overseas Filipino Bank (acquired by Landbank; government bank)
18. Equicom Savings Bank (Equicom)
19. Wealth Development Bank Corporation
20. Malayan Savings Bank
21. 1st Valley Bank, Inc. (a development bank)
22. Luzon Development Bank
23. CARD SME Bank, Inc. (a thrift bank)
24. Citystate Savings Bank
25. Bangko Kabayan (a private development bank)
26. Pen Bank, Inc. (formerly Peninsula RB, Inc.)
27. Yuanta Savings Bank Philippines, Inc.
28. AllBank, Inc.
29. Legazpi Savings Bank
30. Enterprise Bank, Inc
31. Queen City Development Bank
32. Century Savings Bank Corporation
33. Bank One Savings and Trust Corporation
34. Dumaguete City Development Bank, Inc.
35. Merchants Savings and Loan Association, Inc.
36. Hiyas Banking Corporation
37. Isla Bank (a thrift bank)
38. Sun Savings Bank, Inc.
39. University Savings Bank
40. Village Bank, Inc.
41. NorthPoint Development Bank, Inc.
42. Farmers Savings and Loan Bank, Inc.
43. Pampanga Development Bank
44. Cordillera Savings Bank, Inc.
45. Bataan Development Bank
46. Business and Consumers Bank
47. Inter-Asia Development Bank
48. Life Savings Bank, Inc.
49. Metro Cebu Public Savings Bank
50. Bataan Savings and Loan Bank
51. Pacific Ace Savings Bank, Inc.
52. Lemery Savings and Loan Bank, Inc.
53. Maritime Savings Bank Corporation
54. Philippine Star Development Bank, Inc.
55. Malasiqui Progressive SLB, Inc.
56. Quezon Coconut Bank, Inc. (a thrift bank)

Based on the list, most of the savings bank are subsidiary of giant banks in the field of banking. The aforementioned banks are among those with the biggest assets in the field.