Financial Institution

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4.What are the 3 types of financial institutions?

1) Depository Institutions-Deposit-taking institution that accept and manage


deposits and make loans.
2) Contractual Institutions-Insurance companies and pension funds.
3) Investment Institution-Investment banks, underwriters, brokerage firms.

5.What are the top 5 banks in the Philippines?

The top 5 are always BDO (Banco de Oro), Metrobank, Landbank, BPI (Bank of
the Philippine Islands) and PNB (Philippine National Bank).

6.What is the largest bank in the Philippines?

As of 31 March 2020(Amounts in Million Pesos):


RANK NAME OF BANK TOTAL ASSETS

1 BDO UNIBANK INC 3,174,362.84


What are the different banks in the Philippines?

Universal Banks
Land Bank of the Philippines
Australia and New Zealand Banking Group Limited
Deutsche Bank AG
ING Bank N.V.
Mitzuho Bank, Ltd. – Manila Branch
Standard Chartered Bank
The Hongkong & Shanghai Banking Corporation
Asia United Bank Corporation
Rizal Commercial Banking Corporation
Security Bank Corporation
Union Bank of the Philippines
Al-Amanah Islamic Investment Bank of the Philippines
Development Bank of the Philippines
Bank of the Philippine Islands
BDO Unibank, Inc.
United Coconut Planters Bank
China Banking Corporation
East West Banking Corporation
Metropolitan Bank and Trust Company
Philippine National Bank
Philippine Trust Company

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