Banks and Financial Services

Bangko Sentral ng Pilipinas Deputy Director Fernando Silvoza once said that " There is more money in the banks based in Iloilo". This is backed up by the existence of banks in the Province of Iloilo. We have a total of 105 banks in Iloilo as of 2010 and a lot has emerged due to the stable economic growth we are experiencing. These banks are categorized as Development Banks (18), Savings Banks (5), Thrift Banks (15), Universal Banks (56), Rural Banks (2) and Government Banks (8).

Ilonggos are famous because of their ability to "save" and their willingness to live within their means. Ilonggos  always adhere to live simply and  do not allow themselves to live luxuriously and fathom to fame just to conform to the thriving society. Another factor of the existence of these banks within the Province is the ability of the middle class to maintain their income level and also the influx of remittance from Ilonggos working abroad.

 

 

ILOILO CITY: 2010 BANKS
NO. OF BRANCHES
CLASSIFICATION
   1.   Bangko Sentral ng Pilipinas
1
  Government Own & Control Crop
   2.   Allied Bank
5
  Commercial Bank
   3.   Asia United Bank
1
  Commercial Bank
   4.   Banco de Oro
13
  Universal Bank
   5.   Banco Filipino
1
  Commercial Bank
   6.   Bank of Commerce
2
  Commercial Bank
   7.   Bank of the Philippine Islands
15
  Universal Bank
   8.   BPI Family Savings Bank
1
  Universal Bank
   9.   Business Consumers Bank
1
  Thrift Bank
   10. China Bank
3
  Universal Bank
   11. City Savings Bank
1
  Thrift Bank
   12. Development Bank of the Philippines
3
  Government Bank
   13. East West Bank
1
  Universal Bank
   14. Equicom Savings Bank
1
  Savings Bank
   15. Export & Industry Bank
1
  Commercial Bank
   16. First Consolidated Bank
1
  Development Bank
   17. Green Bank
1
  Rural Bank
   18. Iloilo City Development Bank
2
  Thrift Bank
   19. OK Bank
1
  Microfinance Thrift Bank
   20. Land Bank of the Philippines
4
  Universal & Government Financial Institution
   21. LBC Development Bank
1
  Thrift Bank
   22. May Bank
2
  Commercial Bank
   23. Metro Bank
9
  Universal Bank
   24. Philippine Bank of Communications
1
  Commercial Bank
   25. Philippine National Bank
5
  Universal Bank
   26. Philippine Postal Savings Bank
1
  Thrift Bank
   27. Philippine Savings Bank
2
  Savings Bank
   28. Philippine Trust Company
1
  Commercial Bank
   29. Philippine Veterans Bank
1
  Private Commercial Bank
   30. Planters Development Bank
1
  Thrift Bank
   31. Queen City Development Bank
3
  Thrift Bank
   32. Rizal Commercial Banking Corp.
5
  Universal Bank
   33. RCBC Savings
3
  Thrift Bank
   34. Security Bank
2
  Universal Bank
   35. Sterling Bank of Asia
1
  Savings Bank
   36. United Coconut Planters Bank
3
  Commercial Bank
   37. UCPB Savings Bank
1
  Savings  Bank
   38. Union Bank
2
  Universal Bank
   39. Valiant Bank
1
  Rural Bank
   40. Wealth Development Bank
1
  Thrift Bank

 

 


   
   
   
   
   
   
   

Doing Business
in Iloilo City