Here's a list of the top 10 commerciaI and universaI banks in the PhiIippines, based on totaI

capitaI as of December 2010. Data is sourced from the Bangko Sentral ng Pilipinas.
RANK BANK CAPTAL in BLLON PESOS
Banco de Oro Unibank nc. 87.270

BDO

2 Metropolitan Bank and Trust Co. 82.844

METROBANK

3 Bank of the Philippine slands 77.358

BP

4 Land Bank of the Philippines 63.85

LANDBANK

5 Development Bank of the Philippines 40.374

DBP

6 Rizal Commercial Banking Corp. 3.853

RCBC

7 China Banking Corp. 3.828

CHNABANK

8 Union Bank of the Philippines 3.534

UNON BANK

9 Philippine National Bank 30.773

PNB

0 Security Bank Corp. 24.533

SECURTY BANK

The conomy of the PhiIippines is the 43rd largest in the world, according to the World Bank with an
estimated 200 gross domestic product (nominal) of $200 billion, it is estimated that by 205, the ranking
of the Philippines would go up to the 8th and by the year 2050 it will land on the 4th. Primary exports
include semiconductors and electronic products, transport equipment, garments, copper products,
petroleum products, coconut oil, and fruits. Major trading partners include the United
States, Japan,China, Singapore, South Korea, the Netherlands, Hong Kong, Germany, Taiwan,
andThailand. A newly industrialized country, the Philippine economy has been transitioning from one
based on agriculture to one based more on services and manufacturing. TheGoldman Sachs includes the
country in its list of the Next Eleven economies.

Recent events
[edit]1.1-biIIion IPO
On January, 2008, Viva Films chairman Vic del Rosario announced that Viva Communications expects to
raise . billion ( US dollar = 4.48 pesos) through approval of the initial public offering (PO) by
the Philippine Stock Exchange, on listing date of March 5. t plans to sell up 92.8 million new shares and
49.9 million secondary shares at 2.93 / share (offer is 35% of the company's issued and
outstandingcapital stock). t appointed Banco de Oro (BDO) Capital and nvestment Corporation as
leadunderwriter and MAC as co-lead underwriter. Viva's net income was 2 million for January to
October, 2007, double its 2006 earnings and projects net profit of 330 million this year.
[]

[edit]StabIe outIook
On February , 2008, Fitch Ratings announced: "The Outlook on BDOU's ratings is stable given a benign
economic environment. And while integration risk is a factor, a successful merger of the two banks will
provide ratings momentum, if combined with some capital strengthening in particular; BDO will particularly
benefit from EPC's good franchise among commercial entities and consumers, and well-developed
operations in fee-generating areas such as MAC insured trust banking, MAC insured remittances and
credit cards. Significant revenue and cost synergies should arise from the integration of the two banks,
due to complete by mid-2008, as led by BDO's very competent and driven management; BDO will raise P
0 billion of Tier 2 capital, and boosting its capital adequacy ratio by 2 percent to 3 percent; With the
completion of the merger, BDOU will have a network of 733 branches and ,200 automated teller
machines."
[2]

[edit]ehman Brothers' exposure
On September 7, 2008, Bangko Sentral ng Pilipinas Governor Amando M. Tetangco, Jr. announced
"due to the uncertainty relating to the financial condition of Lehman Brothers, Banco de Oro Unibank nc.
is setting aside provisions totaling 3.8 billion pesos (80.9 million dollars) to cover its exposure to said
entity." Banco de Oro failed to disclose the extent of its exposure to Lehman paper, stating "only that its
balance sheet should be adequately covered from potential losses arising from its Lehman exposure due
to MAC insurance reimbursement. The provisions will come from reallocation of excess reserves and
from additional provisions in the current period." Banco de Oro, capitalised at 89.8 billion, closed 5.4%
down to 33.
[3][4][5]
Banco de Oro Unibank said, however, on September 9 "it had a total exposure of $
34 million to bankrupt U.S. investment bank Lehman Brothers: This represents the face value of
securities held in MAC trust accounts by the bank. Prior to Sept. 5, 2008, this exposure had been
reduced through mark-to-market adjustments and hedging transactions." The BSP data revealed Banco
de Oro set aside a bufferequivalent to 60% of its exposure into MAC trust and clearing accounts. t's
exposure largely originates from Eqitable PC's investments on Lehman Brothers.
[6][7]

The following are the top ten industries of the Philippines, according to the number of establishments:

#eady made garments

2 anufacture of plastic products
3 Production, processing and preservation of meat, fish and other seafoods, fruits, vegetables, oils
4 anufacture of bakery products
5 Printing and printing-related services
6 anufacture and repair of furniture
7 anufacture of nonmetallic mineral products
8 anufacture of basic iron and steel
9 anufacture of chemical products
anufacture of pulp, paper and paper board


Top 0 Best Corporations in the Philippines
Filipino-owned and operated companies have shown the world the Filipino entrepreneurial spirit. These
ten corporations have started out as small companies and are now globally recognized as leaders in their
own fields.
United Laboratories
United Laboratories started as a small drugstore in post-war Philippines back in 945. t slowly became
the leading pharmaceutical company in the country, providing quality yet affordable medicine to every
Filipino. The company's products has also penetrated neighboring Asian countries such as ndonesia,
Thailand, Malaysia, Singapore, Hong Kong, Vietnam, and Myanmar.

Jollibee Foods Corporation
Jollibee Foods Corporation is the mother company of popular FilJollibee Foods Corporationipino fast-food
chain Jollibee. Tony Tan and his family founded the first Jollibee joint in Cubao in 975. n 2007, the
company opened its 600th Philippine store in Aparri, Cagayan and also a new branch in Las Vegas,
Nevada, USA. n 2009, Jollibee celebrated its 3st year as the fast-food chain most loved by Filipinos.

SM Group of Companies
The SM Group of Companies, regarded as the Philippines' largest retail company, was founded by
Filipino-Chinese business tycoon Henry Sy. t is comprised of retail outlets, shopping malls, banking and
finance institutions, and property developments. The company as it is today is a far cry from the small
shoe store Mr. Sy opened inCarriedo back in the 950s.

San Miguel Corporation
San Miguel Corporation is the Philippines' largest food, beverage, and packaging company. t was
founded in 890 as a brewery and presently has 00 facilities in the Philippines, Southeast Asia, China,
and Australia. ts divisions and subsidiaries include San Miguel Beer, Ginebra San Miguel,
ncorporated, Coca-Cola Bottlers Philippines nc.,Purefoods-Hormer Company, San Miguel Packaging
Products, and other businesses.

Ayala Corporation
Ayala Corporation functions as the holding company of the many diversified interests of the Ayala Group.
t is the oldest and largest conglomerate operating in the Philippines since its founding in 834. Currently,
the company is being headed by Jaime Augusto Zobel de Ayala, the older son of former chairman Jaime
Zobel de Ayala.

Philippine Long Distance Telephone Company
The Philippine Long Distance Telephone Company is the largest telecommunications provider in the
country. t was incorporated in 928 following the merger of 4 telephone companies under US ownership.
As of present, the company has grown to include fixed lines subsidiaries, wireless companies such
as Smart Communications, nc., and companies engaged in information and communications technology.

Filinvest Development Corporation
Filinvest Development Corporation is a company engaged in real estate development and leasing,
financial and banking services, and the sugar business. t is controlled by the family of Andrew L.
Gotianun Sr. through ALG Holdings Corporation. The corporation has several subsidiaries,
namely Filinvest Alabang, nc., Filinvest Land, nc., East West Banking Corp., and Pacific Sugar Holdings
Corp..

Lopez Group of Companies
The Lopez Group of Companies is the business conglomerate owned by the Lopez family of loilo. ts
flagship company is Benpres Holdings Corporation which was first listed in the Philippine Stock Exchange
in 993. Among the businesses listed under its names are ABS-CBN, Maynilad Water Services,
nc., Meralco, Rockwell Land Corporation, Bayan Telecommunications, SKYCable, and The Medical City.

Metropolitan Bank and Trust Company
Metropolitan Bank and Trust Company or Metrobank is the country's largest bank in terms of assets, with
64.5 billion pesos under its name as of December 2006. The bank's first branch was established by four
enterprising individuals on 5 September 962 in Binondo, Manila. Presently, the company has a
combined network of over 800 local and international branches, remittance offices, and subsidiaries
worldwide.

JG Summit Holdings, Inc.
JG Summit Holdings, nc. started in 957 when Universal Corn Products, nc. (now Universal Robina
Corporation) was founded in Manila. From then on, the business grew and expanded into different fields.
Under its helm are Universal Robina Corporation, Robinsons Land Corporation,Digital
Telecommunications Philippines, nc., JG Summit Petrochemicals Corporation, Cebu Pacific Air,
Robinsons Savings Bank, and JG Summit Capital Services Corporation.