10 Philippine banks in Forbes’ World’s Best Banks listMANILA, Philippines — Prominent business magazine Forbes has included 10 financial institutions from the Philippines in its recently published list of The World’s Best Banks for 2023. The 415 banks that earned a spot on Forbes ranking were evaluated in categories, such as digital services, customer services, financial advice and trust. Forbes’ World’s Best Banks 2023 reflects trust and other industry trends especially after the collapse of Silicon Valley Bank and Signature Bank in the US. According to Forbes, the biggest banks were not necessarily the best as online banks are at the top in many countries, reflecting the COVID-19 pandemic’s impact on customers’ digital comfort. The 171-year-old bank aims to complete its merger with Robinsons Bank , the country’s 16th largest bank with resources of P183.25 billion.

Source: Forbes April 24, 2023 16:59 UTC