Savings Banks Philippines 2023 — Full List of Companies under this Type of Banking Firm

Guide on Savings Banks in the Philippines this 2023

SAVINGS BANKS PHILIPPINES 2023 – You can check the list below for the savings banks in the country as well as the main function of this type of bank.

There are countless banks in the Philippines. Many banks have even built a name in the field. However, what it is quite unknown to some people is that the banks in the country are not all of the same type. There are banks that are savings bank by nature.

It is best to know the types of banks so that you will know which are the banks that are most suited to your needs. If your purpose is to grow your money while safekeeping it, it is best to go for a savings bank.

The main function of savings banks is to help their clients in growing their wealth. They offer loans to individuals who have the capacity to pay. The money earns through interest and the clients get interest or dividends from their savings.

There are lots of savings banks in the Philippines. Many of these banks are subsidiaries of some of the giant banking institutions in the country. You can check the list below for the banks that you can turn to if you want to grow your money.

Based on the list of Bangko Sentral ng Pilipinas (BSP), here are the savings banks in the Philippines that you can turn to:

1. 1st Valley Bank
2. AllBank, Inc.
3. Bank of Makati
4. Bank One Savings Corporation
5. Bangko Kabayan, Inc. (a private development bank)
6. Bataan Development Bank
7. BPI Direct BanKo, Inc. (a subsidiary of BPI)
8. CARD SME Bank, Inc. (a thrift bank)
9. Century Savings Bank Corporation
10. China Bank Savings
11. City Savings Bank (a subsidiary of Unionbank)
12. Citystate Savings Bank
13. Cordillera Savings Bank, Inc.
14. Dumaguete City Development Bank, Inc.
15. Equicom Savings Bank (Equicom)
16. First Consolidated Bank, Inc.
17. Hiyas Banking Corporation
18. HSBC Savings Bank Philippines Inc.
19. Isla Bank (a thrift bank)
20. Legazpi Savings Bank
21. Lemery Savings and Loan Bank, Inc.
22. Life Savings Bank, Inc.
23. LOLC Bank Philippines, Inc. (a thrift bank)
24. Luzon Development Bank
25. Makiling Development Bank Corporation
26. Malayan Savings Bank
27. NorthPoint Development Bank, Inc.
28. Overseas Filipino Bank (subsidiary of Landbank; government bank)
29. Pacific Ace Savings Bank, Inc.
30. Pampanga Development Bank
31. Pen Bank, Inc. (formerly Peninsula RB, Inc.)
32. Philippine Business Bank
33. Philippine Savings Bank (PS Bank; a subsidiary of Metrobank)
34. Philippine Star Development Bank, Inc.
35. Producers Savings Bank Corporation (Producers Bank)
36. Queen City Development Bank
37. Quezon Coconut Bank, Inc. (a thrift bank)
38. Rizal Microbank, Inc. (a thrift bank of RCBC)
39. Sterling Bank of Asia
40. Sun Savings Bank, Inc.
41. UCPB Savings Bank (a subsidiary of UCPB)
42. University Savings Bank, Inc.
43. Wealth Development Bank Corporation
44. Yuanta Savings Bank Philippines, Inc.

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