Largest Bank in terms of Asset:
the latest news about BDO overtaking Metrobank was revealed to me by my Metrobank contact last december last year:
1. Banco de Oro (BDO) (mostly due to the merger with Equitable PCI Bank)
2. Bank of the Philippine Islands (BPI)
3. Metrobank
4. Land Bank of the Philippines (Landbank)
5. Philippine National Bank (PNB)
6. Development Bank of the Philippines (DBP)
Other large Philippine Banks:
Chinabank, RCBC, Allied Bank, Union Bank, UCPB, Chinatrust Bank
Note: this does not take account the impending merger of PNB and Allied Bank and also of DBP and Landbank.
There's uncertainty on the 2nd and third largest banks due to lack of data but will be updated once information is available
UPDATED: February 2009
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