PSBank
PSBank is a Philippines-based thrift bank offering consumer, home, auto, and SME loans, deposits, UITFs, and AXA insurance distribution across branches, ATMs, and the PSBank Mobile app, serving individuals, SMEs, and overseas Filipino workers.
- Company typePrivate
- Founded1960
- HeadquartersMakati, Philippines
- Headcount1,001–5,000
- GTM typeB2C
- OfferingServices
What PSBank does
PSBank (Philippine Savings Bank) is a thrift bank operating in the Philippines under the supervision of the Bangko Sentral ng Pilipinas and the deposit insurance umbrella of the Philippine Deposit Insurance Corporation. Founded in 1960 and headquartered at PSBank Center on Paseo de Roxas in Makati City, the bank serves individual consumers, small and medium enterprises, and overseas Filipino workers through a hybrid of physical branches, ATMs, and digital channels. The bank is positioned within the Metrobank Group ecosystem, leveraging shared ATM access and group-level brand credibility.
The bank's core lending products are auto loans, home loans, personal loans (the collateral-free PSBank Flexi revolving/term product), and a suite of SME financing facilities (Term Loan, Business Credit Line, Standby Credit Line Certification, Domestic Bills Purchase Line). These loan products carry the proprietary Prime Rebate feature, which computes rebates on advance or excess payments on a daily basis including weekends and holidays. On the liability side, PSBank offers peso and dollar savings accounts, passbook and ATM variants, checking accounts, peso and dollar time deposits, and unit investment trust funds (UITFs) — including the PSBank Money Market Fund — alongside trust, escrow, and investment management services. Insurance products from AXA Philippines are distributed through the bank under a partnership covering health, motor, travel, life, and personal accident lines.
PSBank's technology backbone is the PSBank Mobile application (available on iOS, Android, and Huawei AppGallery) and PSBank Online web platform. The mobile app supports online account opening via one valid ID and selfie, biometric transaction approval, mobile check deposit, QR Ph payments, cardless ATM withdrawals, real-time toll RFID reload (Autosweep/Easytrip), and fund transfers over InstaPay and PESONet. Revenue is generated primarily through net interest income on the loan book and deposit-funded balance sheet, supplemented by transactional fees, early settlement and penalty fees, UITF and trust management fees, and insurance distribution commissions. The bank markets to its three customer segments through its website, mobile app, four official social media profiles (Facebook, X/Twitter, Instagram, YouTube), in-app LiveChat, and a Facebook Messenger chatbot (ISSA).
PSBank firmographics
Firmographics- Name
- PSBank
- Legal name
- Philippine Savings Bank
- Website
- https://psbank.com.ph
- Company type
- Private
- Founded year
- 1960
- Operating status
- Operating
- Headcount range
- 1,001–5,000 employees
- Short description
- PSBank is a Philippines-based thrift bank offering consumer, home, auto, and SME loans, deposits, UITFs, and AXA insurance distribution across branches, ATMs, and the PSBank Mobile app, serving individuals, SMEs, and overseas Filipino workers.
- Ownership category
- akta.pro rank
PSBank industry classification
Industry- Product category
- Retail Banking
- NAICS
- Savings Institutions and Other Depository Credit Intermediation (52218), Savings Institutions and Other Depository Credit Intermediation (522180)
- SIC
- Savings Institutions, Not Federally Chartered (6036), Functions Related To Depository Banking, Nec (6099)
- akta.pro primary industry
- Mass-Market Consumer Deposit Banking (Checking/Savings) (FSABAAAA)
- akta.pro secondary industries
- SME Deposits & Business Accounts (Operating, Savings, CDs) (FSABABAC), Mutual Savings Banks & Mutual Thrifts (FSABAEAD)
Keywords
Where PSBank is headquartered
LocationHeadquarters
- HQ city
- Makati
- HQ country
- Philippines
- HQ region
- Asia
Offices2 records
Markets served
PSBank business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Interest Income from Loans: PSBank generates primary revenue from interest income on its loan portfolio including auto loans, home loans, personal loans (Flexi), and business loans. The bank reported P1.3 billion net income in first-half 2026, down 39.8% due to increased loan provisions.
- Deposit Taking: PSBank accepts deposits through savings accounts, checking accounts, and time deposits. The bank focuses on growing its deposit base through digital channel expansion.
- Fee-based Income: Revenue from various banking fees including processing fees, ATM fees, early settlement fees, late payment penalties, and other service charges.
- Trust and Investment Products: Revenue from unit investment trust funds (UITF) including PSBank Money Market Fund and other investment management services.
- Insurance Distribution: PSBank distributes AXA insurance products earning commissions from various insurance offerings including health, life, motor, and travel insurance.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | PSBank Auto Loan with Prime Rebate - Minimum loan PhP300,000, terms 12-60 months |
| Subscription | Monthly | PSBank Home Loan with Prime Rebate - Minimum PhP500,000, max PhP25,000,000 |
| Usage-based | Monthly | PSBank Flexi Personal Loan - PhP20,000 to PhP250,000, collateral-free |
| Unit Pricing | Pay-as-you-go | PSBank Money Market Fund (UITF) - Minimum PhP10,000 |
| Subscription | Monthly | Time Deposits - Minimum PhP10,000 for Peso Time Deposit |
| Freemium | Monthly | InstaPay and PESONet Transfers - FREE |
Go-to-market motion2 records
Distribution channels6 records
Marketing channels7 records
PSBank product offering
Product offeringCore offering
PSBank (Philippine Savings Bank) is a thrift bank offering a full suite of retail banking products and services. Its core offerings center on collateralized and collateral-free consumer loans (auto, home, and Flexi personal loans) with a distinctive Prime Rebate feature, complemented by deposit accounts (savings, checking, time deposits), unit investment trust funds, trust and investment management services, and AXA insurance distribution. The bank serves individual consumers, small and medium enterprises, and overseas Filipino workers through a digital-first platform (PSBank Mobile and PSBank Online) backed by a nationwide branch and ATM network.
Product overview
PSBank (Philippine Savings Bank) is a thrift bank subsidiary of the Metrobank Group offering a comprehensive suite of banking products and services. The core offerings center on loan products (auto, home, personal, and SME business loans) with the distinctive Prime Rebate feature that rewards early payments. Deposit products include various savings and checking account types, time deposits in peso and dollar denominations, and a Money Market Fund UITF. The bank distributes insurance products in partnership with AXA Philippines. Digital banking is delivered through PSBank Mobile (iOS/Android/Huawei) and PSBank Online platforms, which enable account management, fund transfers via InstaPay/PESONet, QR payments, mobile check deposits, cardless withdrawals, and toll RFID reloads. The digital ecosystem integrates with GCash, PayPal, major ATM networks (BancNet, Megalink, ExpressNet), and 7-Eleven payment centers.
Differentiator
Problem solved
Functional benefit
Products and services
- PSBank Auto Loan with Prime Rebate
Quantifiable outcome
- Loan decision in 24 hours for auto loans
- +3 more outcomes
Companies that use PSBank
Customer profileSegments3 records
Ideal customer profiles3 records
PSBank technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration16 records
AI capability2 records
Feature6 records
PSBank partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered core and minor.
- AXA PhilippinescorePSBank distributes AXA insurance products including Asset Master, Assure, FlexiProtect, Global Health Access, Health Care Access, Health Max, Health Max Elite, Health Start, Health Start Lite, Home Security, Motor Insurance, My Security, MyLifeChoice, PA Gift Card, Smart Traveller, and Standard PA insurance products.
- Apple App StorecorePSBank Mobile app is available for download on the Apple App Store for iOS devices.
- Google PlaycorePSBank Mobile app is available for download on Google Play for Android devices.
- Huawei AppGalleryminorPSBank Mobile app is available for download on Huawei AppGallery as an alternative app distribution channel.
- Accredited DeveloperscorePSBank partners with accredited property developers to offer fast 1-day home loan decisions for brand new condominium units and properties. Includes major Philippine developers for streamlined property financing.
- Bangko Sentral ng Pilipinas (BSP)corePSBank is regulated by the Bangko Sentral ng Pilipinas (BSP), the central bank of the Philippines. The bank complies with BSP regulations including Transactor Due Diligence requirements and digital payment policies.
- Philippine Deposit Insurance Corporation (PDIC)corePSBank is a member of PDIC, which provides deposit insurance coverage of up to PhP1,000,000 per depositor per bank, effective March 15, 2025.
- Metrobank GroupcorePSBank is part of the Metrobank Group, one of the largest banking groups in the Philippines. The bank leverages Metrobank's infrastructure including shared ATM access and branch network synergies.
- BancNetcorePSBank is a member of BancNet, enabling its customers to access ATMs across member banks nationwide and participate in InstaPay and PESONet fund transfer networks.
- InstaPay/PESONetcorePSBank participates in InstaPay and PESONet fund transfer networks operated under Bangko Sentral ng Pilipinas policy. Transfers via these networks are now FREE for PSBank customers effective July 9, 2026.
Scale indicators4 records
Recent moves4 records
Expansion highlights5 records
PSBank competitors and assessment
Company assessmentDirect peers
- UnionBank of the Philippines: UnionBank is a leading Philippine digital-first bank competing with PSBank on mobile-first retail banking, QR payments, and digital account opening. It is comparable as a tech-forward competitor targeting similar consumer and SME segments.
- East West Banking Corporation: EastWest is a mid-sized Philippine commercial bank focused on consumer lending (auto, personal, credit cards) and SME banking. Its loan-heavy product mix and consumer focus make it one of the closest direct peers to PSBank.
- China Banking Corporation (ChinaBank): ChinaBank is a mid-sized Philippine commercial bank offering consumer, mortgage, and SME lending alongside deposits and digital banking. It directly competes with PSBank in the mid-tier retail and SME loan market.
- Security Bank: Security Bank is a mid-to-large Philippine universal bank with comparable retail and SME loan products, deposits, and digital banking. It competes head-to-head with PSBank in auto, home, and personal loans and was part of the same BSP-led free InstaPay initiative.
- Rizal Commercial Banking Corporation (RCBC): RCBC is a mid-sized Philippine commercial bank offering retail, SME, and digital banking products. It is comparable in scale and product mix to PSBank and competes in the same consumer and SME loan segments.
Broad incumbents
- Bank of the Philippine Islands (BPI): BPI is one of the Philippines' largest universal banks offering retail loans, deposits, cards, and digital banking. It competes with PSBank across consumer lending and deposit gathering, with significantly greater scale and branch coverage.
- Philippine National Bank (PNB): PNB is a major Philippine universal bank offering consumer and SME loans, deposits, and digital channels. It directly competes with PSBank across retail banking and is also part of the free InstaPay/PESONet collective.
- Metrobank: Metrobank is PSBank's parent group and one of the top universal banks in the Philippines. It offers the same consumer/SME loan, deposit, and digital banking categories, sharing ATMs and back-office infrastructure with PSBank.
- BDO Unibank: BDO is the largest universal bank in the Philippines, offering consumer and SME loans, deposits, cards, and digital banking. It is comparable as a direct competitor in retail and SME deposit/loan products, with a much broader product portfolio and scale.
Emerging players
- Maya Bank (a digital bank): Maya is a Philippine digital-only bank/e-wallet with savings, payments, and consumer credit products. It is an emerging competitor targeting similar digital-first retail customers as PSBank Mobile, though with a narrower lending portfolio today.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights6 records
Customer concentration
PSBank social profiles
Digital presencePSBank compliance and trust
Trust signalCompliance3 records
PSBank financial estimates
Financial estimateRevenue estimate
Valuation estimate
PSBank leadership team
Management profileNumber of profiles
PSBank funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PSBank M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PSBank
What does PSBank do?
PSBank (Philippine Savings Bank) is a thrift bank offering a full suite of retail banking products and services. Its core offerings center on collateralized and collateral-free consumer loans (auto, home, and Flexi personal loans) with a distinctive Prime Rebate feature, complemented by deposit accounts (savings, checking, time deposits), unit investment trust funds, trust and investment management services, and AXA insurance distribution. The bank serves individual consumers, small and medium enterprises, and overseas Filipino workers through a digital-first platform (PSBank Mobile and PSBank Online) backed by a nationwide branch and ATM network.
Is PSBank a public or private company?
PSBank is a private company. It is classified as corporate owned and is currently operating.
When was PSBank founded?
PSBank was founded in 1960. It employs 1,001 to 5,000 people.
Where is PSBank based?
PSBank is headquartered in Makati, Philippines, in the Asia region.
How does PSBank make money?
Five revenue lines are on record. Interest Income from Loans are the primary driver. The others are deposit Taking, fee-based Income, trust and Investment Products and insurance Distribution.
Who are PSBank's main competitors?
Direct peers on record are UnionBank of the Philippines, East West Banking Corporation, China Banking Corporation (ChinaBank), Security Bank and Rizal Commercial Banking Corporation (RCBC). Broad incumbents are Bank of the Philippine Islands (BPI), Philippine National Bank (PNB), Metrobank and BDO Unibank. Maya Bank (a digital bank) is listed as an emerging player.
Does PSBank have an API?
No public API is recorded for PSBank.
What industry is PSBank in?
PSBank's product category is Retail Banking. Its primary akta.pro industry code is FSABAAAA, Mass-Market Consumer Deposit Banking (Checking/Savings), with a secondary code of FSABABAC, SME Deposits & Business Accounts (Operating, Savings, CDs). Its NAICS code is 52218 and its SIC code is 6036.