DIFFERENCIATION OF COMMERCIAL BANK AND SAVINGS

BANK
BASIS COMMERCIAL BANK SAVINGS BANK
ASSETS Minimum of Minimum of
(RESERVE ₱ 2,400,000,000.00 ₱ 200,000,000.00
REQUIREMEN
T)

 Accepting
 Savings and mortgage banks 
Private development banks, stock
savings and loan associations and

Deposit
microfinance thrift banks.
 Provide short-term working capital
SERVICES and medium- and long-term

 financing.
 Provides diversified financial and
allied (SME`s)

Advancing  Accumulates the savings of

depositors and investing them.

Of Loans

Discounting
of bill of
exchange
 Check
Payment

Remittance
 Collection
and Payment
of
Credit
Instruments
 Foreign
Currency
Exchange

Consultancy
 Bank
Guarante
 Accepting Deposit
 Advancing Of Loans
 Discounting of bill of exchange
 Check Payment
 Remittance
 Collection and Payment of Credit
Instruments
 Foreign Currency Exchange 
Consultancy
 Bank Guarantee
 Businesses engaged in: Agriculture,
 General public Services, Industry and Housing
 CLIENTS  Business.  Small and Medium Enterprises
 Bank of Commerce BDO
EXAMPLE OF  Private Bank, Inc.  BPI Family Savings Bank Inc.
BANKS  Philippine Veterans Bank  RCBC Savings Bank Inc.
(PHILIPPINES)  Robinsons Bank Corporation   China Bank Savings Inc. City 
CTBC Bank (Philippines) Savings Bank Inc.
Corporation
NUMBER OF
BANKS 43 commercial banks 57 savings banks
(PHILIPPINES)

ARE INVESTMENT BANKS CONSIDERED A BANK?

Yes. Investment banks operate along two main lines: a "buy" side and a "sell" side. "Buy" side
operations include services such as securities trading and portfolio management. "Sell" side
activities include underwriting new lines of stock, marketing financial products, and publishing
financial research. Just like any other kind of banks that provide and acquire money. The only
difference is the medium being used. In investment banks, it doesn’t involve physical money.