Ranking as to Return on Equity
	Universal and Commercial Bank Group
	As of 31 December 2023
	RANK		NAME OF BANK	ROE (%)
	1		CITIBANK, N.A.	25.18
	2		HONGKONG & SHANGHAI BANKING CORP	23.50
	3		PHILIPPINE VETERANS BANK	23.10
	4		MIZUHO BANK LTD - MANILA BRANCH	21.41
	5		ASIA UNITED BANK CORPORATION	18.49
	6		BANK OF AMERICA N.A.	18.26
	7		STANDARD CHARTERED BANK	18.19
	8		LAND BANK OF THE PHILIPPINES	16.95
	9		MUFG BANK, LTD.	16.70
	10		DEUTSCHE BANK AG	16.29
	11		CHINA BANKING CORP	16.23
	12		BANK OF THE PHIL ISLANDS	15.30
	13		BDO UNIBANK INC	14.74
	14		METROPOLITAN BANK & TCO	13.28
	15		JP MORGAN CHASE BANK NATIONAL ASSN.	13.10
	16		BDO PRIVATE BANK, INC.	12.18
	17		PHIL NATIONAL BANK	10.72
	18		AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED	10.71
	19		PHIL BANK OF COMMUNICATIONS	10.15
	20		SUMITOMO MITSUI BANKING CORPORATION-MANILA BRANCH	9.65
	21		BANK OF COMMERCE	9.63
	22		BANK OF CHINA (HONGKONG) LIMITED-MANILA BRANCH	9.52
	23		EAST WEST BANKING CORP	9.45
	24		RIZAL COMM'L BANKING CORP	9.29
	25		UNITED OVERSEAS BANK LIMITED MANILA BRANCH	7.37
	26		DEVELOPMENT BANK OF THE PHIL	7.05
	27		SECURITY BANK CORP	6.65
	28		INDUSTRIAL BANK OF KOREA MANILA BRANCH	6.36
	29		UNION BANK OF THE PHILS	5.84
	30		PHIL TRUST COMPANY	5.43
	31		MEGA INT'L COMM'L BANK CO LTD	5.35
	32		ROBINSONS BANK CORPORATION	5.03
	33		KEB HANA BANK - MANILA BRANCH	4.82
	34		BANGKOK BANK PUBLIC COMPANY LIMITED	4.43
	35		CATHAY UNITED BANK CO LTD - MANILA BRANCH	3.55
	36		SHINHAN BANK - MANILA BRANCH	2.64
	37		MAYBANK PHILIPPINES INCORPORATED	1.56
	38		FIRST COMMERCIAL BANK LTD MANILA BRANCH	1.47
	39		ING BANK N.V.	1.37
	40		CHANG HWA COMMERCIAL BANK LTD - MANILA BRANCH	0.35
	41		CTBC BANK (PHILIPPINES) CORP	0.06
	42		HUA NAN COMMERCIAL BANK LTD MANILA BRANCH	0.00
	43		CIMB BANK PHILIPPINES INC	-1.52
	44		INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED - MANILA BRANCH	-12.98
	45		AL-AMANAH ISLAMIC INVESTMENT BANK OF THE PHILS	-131.40
	Posted as of 27 March 2024