PSBank

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).

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

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

• Retail banking services
• Consumer loans
• Deposit accounts
• Digital banking
• Trust investments

Headquarters

HQ city

Makati

HQ country

Philippines

HQ region

Asia

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. 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.
2. 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.
3. Fee-based Income: Revenue from various banking fees including processing fees, ATM fees, early settlement fees, late payment penalties, and other service charges.
4. Trust and Investment Products: Revenue from unit investment trust funds (UITF) including PSBank Money Market Fund and other investment management services.
5. Insurance Distribution: PSBank distributes AXA insurance products earning commissions from various insurance offerings including health, life, motor, and travel insurance.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels7 records

Core 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

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration16 records

AI capability2 records

Feature6 records

Partnerships

Ten partnerships are on record, tiered core and minor.

• AXA PhilippinescoreChannel Partner/ Reseller/ DistributorPSBank 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 StorecoreChannel Partner/ Reseller/ DistributorPSBank Mobile app is available for download on the Apple App Store for iOS devices.
• Google PlaycoreChannel Partner/ Reseller/ DistributorPSBank Mobile app is available for download on Google Play for Android devices.
• Huawei AppGalleryminorChannel Partner/ Reseller/ DistributorPSBank Mobile app is available for download on Huawei AppGallery as an alternative app distribution channel.
• Accredited DeveloperscoreStrategic or Co-development PartnerPSBank 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)coreOthersPSBank 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)coreOthersPSBank 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 GroupcoreStrategic or Co-development PartnerPSBank 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.
• BancNetcoreTechnology or IntegrationPSBank 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/PESONetcoreTechnology or IntegrationPSBank 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

Direct 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

• Xx.com/psbankofficial
• YouTubeyoutube.com/psbankofficial
• Facebookfacebook.com/psbankofficial
• Instagraminstagram.com/psbankofficial

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PSBank