Top 10 banks in the Philippines

The Philippines’ banking sector has always been crucial in sustaining the expansion of the national economy. The Philippines’ financial system includes a variety of banks, including larger universal banks, smaller rural banks, and non-banks. Every sort of bank has a distinctive strategy. The Philippines’ banking system is stable, according to the most recent ratings from Moody.

In addition to recognising the banks’ ability to maintain liquidity and their strength in the regional economy, Moody’s also recognised the institutions’ asset performance. According to Wikipedia, there are 6267 non-banks with semi-banking functions, 492 rural banks, 57 thrift banks, 40 credit unions, and 36 universal and commercial banks.