Structure of the Philippine Banking System
| Type of Bank | No. |
| Universal Banks | 21 |
|
12 |
|
3 |
|
6 |
| Commercial Banks | 7 |
|
5 |
|
2 |
| Thrift Banks | 47 |
| Rural Banks | 420 |
| Cooperative Banks | 25 |
| Quasi-banks | 7 |
| Non-stock S&Ls | 63 |
| Foreign Bank Branches* | 18 |
| Foreign Bank Rep. Offices | 13 |
| Total Banking Institutions | 621 |
| * Not having Universal or Commercial bank charters | |
(as of August 10, 2020 - see historical figures here.)
The Bangko Sentral has declared an indefinite moratorium on the establishment of new banks in the Philippines effective August 16, 1999.
Market share of banks by class (BSP)
| Total Assets | Gross Loans | Total Deposits | Total Equity | |||||
| as of 12/31/2019 | PHP, mm | % of Tot | PHP, mm | % of Tot | PHP, mm | % of Tot | PHP, mm | % of Tot |
| Total Banking System | 18,338,240 | 100.0% | 10,966,112 | 100.0% | 13,669,469 | 100.0% | 2,318,647 | 100.0% |
| Universal Banks | 15,658,683 | 85.4% | 9,193,797 | 83.8% | 11,737,934 | 85.9% | 1,888,489 | 81.4% |
|
11,802,775 | 64.4% | 7,282,463 | 66.4% | 8,798,386 | 64.4% | 1,476,231 | 63.7% |
|
2,795,616 | 15.2% | 1,305,892 | 11.9% | 2,338,597 | 17.1% | 208,805 | 9.0% |
|
1,060,292 | 5.8% | 605,442 | 5.5% | 600,951 | 4.4% | 203,453 | 8.8% |
| Commercial Banks | 1,260,182 | 6.9% | 760,167 | 6.9% | 850,104 | 6.2% | 209,836 | 9.0% |
|
1,098,542 | 6.0% | 652,460 | 5.9% | 736,689 | 5.4% | 186,807 | 8.1% |
|
161,640 | 0.9% | 107,707 | 1.0% | 113,415 | 0.8% | 23,029 | 1.0% |
| Thrift Banks | 1,152,622 | 6.3% | 860,307 | 7.8% | 892,892 | 6.5% | 168,259 | 7.3% |
| Rural and Cooperative Banks | 266,752 | 1.5% | 151,840 | 1.4% | 188,538 | 1.4% | 52,063 | 2.2% |