Leading universal and commercial banks Philippines 2023, by stockholder's equity
As of December 2023, the largest universal and commercial bank in the Philippines based on the total stockholder's equity was BDO Unibank Inc. with approximately 515 billion Philippine pesos. Following closely was the Bank of the Philippine Islands with total equity of 355.3 billion Philippine pesos. Universal and commercial banks are the largest group of financial institutions and the most popular bank type in the Philippines due to the variety of services they offer.