BDO Remains Largest Lender as Assets Near PhP3T
Publicly-held BDO Unibank Inc. (PSE: BDO) owned by the Sy family continues to dominate the banking industry as its assets near the PhP3 trillion level as of end-March.
Data from the Bangko Sentral ng Pilipinas (BSP) showed BDO topped the list in terms of assets with PhP2.89 trillion as of end-March this year, followed by the Metropolitan Bank & Trust Co. with PhP1.91 trillion and state-run Land Bank of the Philippines with PhP1.89 trillion.