Bank of Makati

What Bank of Makati does

Bank of Makati (A Savings Bank), Inc. is a privately held Philippine thrift bank headquartered in Makati City, operating under the regulatory oversight of the Bangko Sentral ng Pilipinas. Founded as a rural bank in July 1956 and converted to a savings bank in March 2015, the institution serves individual consumers, micro, small and medium enterprises (MSMEs), motorcycle buyers, and unbanked Filipinos through a nationwide network of 60+ full-service branches and 40 planned branch-lite units. Its stated strategic positioning is the MSME bank of choice in the Philippines, with motorcycle financing as the primary growth engine.

The product portfolio is organized under three digital platforms: MyMoney (personal banking), MyBusiness (MSME and corporate banking), and MyExtras (value-added services). Core loan products include motorcycle loans, Power Payday Loans, personal loans, auto loans, housing loans (up to 25-year terms), luxury bike financing, microfinance loans (up to ₱50,000), and the Power Negosyo Enterprise Loan (₱150K-₱5M). Deposit products span Regular Savings, Young Savers, Maaasahan Savings (no minimum balance), Power Build-Up, Peso Time Deposits, and Checking Accounts. Card products include the Power ATM Debit Card with EMV chip security. The bank runs on the Finacle core banking platform, supports an automated Android-based credit investigation system, and is an allied member of the BancNet ATM consortium. Channel partnerships with Motortrade, Honda Prestige, and Mitsubishi dealerships embed loan origination at point-of-sale.

The bank's revenue model rests on net interest spread between deposits and loans (with motorcycle loans historically driving approximately 90% of compounded annual growth), fee-based income from account maintenance and service charges, and loan processing fees. Distribution combines direct branch sales, outbound field teams (OSCMD, BBG/CRLG), dealer partnerships, cash agent networks (pharmacies, convenience stores), and digital self-service via website loan applications and a loan calculator. Key financial indicators include ₱3.24 billion in recent net income (homepage disclosure), 20.6% Return on Equity, 32.57% Capital Adequacy Ratio, and a 2025 MSME-focused guarantee partnership with PHILGUARANTEE that includes exploration of renewable energy financing.

Name

Bank of Makati

Legal name

Bank of Makati (A Savings Bank), Inc.

Website

https://bankofmakati.com.ph

Company type

Private

Founded year

1956

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Bank of Makati is a privately held Philippine thrift/savings bank headquartered in Makati City, serving individuals, MSMEs, and motorcycle buyers through 60+ full-service branches, 40 branch-lite units, and dealer partnerships, with motorcycle financing as its primary growth engine and MSME lending as its strategic focus.

Ownership category

akta.pro rank

Product category

Retail Banking

NAICS

Commercial Banking (52211), Savings Institutions and Other Depository Credit Intermediation (52218)

SIC

National Commercial Banks (6021), Savings Institutions, Not Federally Chartered (6036)

akta.pro industry

PRIMARYFSABAAAA

Mass-Market Consumer Deposit Banking (Checking/Savings)

Financial & Insurance/Banking (Commerical, Retail & Consumer)/Retail Banking

Keywords

• Retail banking services
• Microfinance lending
• Motorcycle financing
• MSME loans
• Savings deposits

Headquarters

HQ city

Makati

HQ country

Philippines

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Interest Income from Loans: Primary revenue stream from interest charged on motorcycle loans, MSME loans, housing loans, personal loans, microfinance loans, auto loans, and other credit products. Motorcycle loans have historically driven approximately 90% of the bank's growth.
2. Deposit Interest Spread: Revenue generated from the spread between interest paid on deposits (savings, time deposits, checking accounts) and interest earned on lending activities.
3. Fee-based Income: Fees from account maintenance, service charges on accounts falling below maintaining balance, loan processing fees, and other banking service charges.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels5 records

Core offering

Bank of Makati is a Philippine savings bank that provides retail and commercial banking services through a network of 60+ branches and 40 branch-lite units. It offers deposit products (savings, checking, time deposits), consumer loans (motorcycle, auto, housing, personal, payday), and business/MSME loans (microfinance, enterprise, loan line, back-to-back financing), complemented by debit cards, cash management services (ATM Payroll, bills payment), and digital banking tools.

Product overview

Bank of Makati operates three interconnected banking platforms: MyMoney for personal banking (savings, loans, cards), MyBusiness for business banking (business loans, deposit accounts, cash management services), and MyExtras for value-added services (acquired assets, motorcycle loan support tools). The product portfolio centers on microfinance and MSME lending with specialized motorcycle loans as a core product, complemented by traditional banking services including housing loans, auto loans, personal loans, and various deposit accounts. The bank also provides digital self-service tools for loan applications, account management, and financial calculations.

Differentiator

Problem solved

Functional benefit

Products and services

• Motorcycle Loan Financing for motorcycle purchases with flexible payment terms from 6 months to 3 years, available through Motortrade and Honda Prestige dealers nationwide for individual motorcycle buyers.
• Power Payday Loan Short-term personal loan providing fast approval and easy repayment up to Php 500,000 with terms up to 36 months for regular employees of private companies and GOCCs.
• Personal Loan Quick access to funds for personal needs including emergencies, travel, or projects with flexible repayment terms, particularly for motorcycle loan borrowers.
• Auto Loan Financing for brand new or pre-owned vehicles including sedan, SUV, AUV, or van with repayment terms of 12 to 60 months.
• Housing Loan Home financing for purchase, construction, or renovation with competitive interest rates and repayment terms up to 25 years; minimum loan amount Php 300,000.
• Luxury Bikes Loan Premium motorcycle financing for high-end Ducati and KTM models with list cash price from P500,000 and above, requiring minimum 20% down payment and 12-36 month terms.
• Expanded Motor Loan Higher loan amounts for motorcycle upgrades using ORCR as collateral, covering up to 80% of previous amount financed with terms up to 18 months.
• Microfinance Loan Accessible funding for small entrepreneurs up to Php 50,000 with terms up to 12 months for working capital, site improvement, or business asset acquisition.
• Power Negosyo Enterprise Loan Business financing for MSMEs from Php 150,000 to Php 5,000,000 with repayment terms up to 5 years for inventory, equipment, or working capital.
• Loan Line Pre-approved revolving credit facility with minimum Php 1 Million limit and maximum 1-year term, providing flexible business financing access.
• End-user Financing / Back-to-Back Loan Property financing secured by time deposits or savings accounts, providing up to 95% of available deposit balance for home or commercial space purchases.
• Peso Time Deposit Fixed-term savings with competitive interest rates, minimum deposit Php 5,000, with terms ranging from 30 days to 1 year.
• Power ATM Debit Card Debit card enabling cashless transactions and ATM withdrawals at BancNet ATMs nationwide, with optional interest-earning balance and EMV chip security.
• Regular Savings Account Basic savings account with initial deposit Php 500, earning 0.625% interest rate with minimum Php 1,000 balance to earn interest.
• Power Build-Up Savings Account High-interest savings account earning 0.75% p.a. for balances below P1 Million and 0.935% p.a. for P1 Million and above, with Php 500 initial deposit.
• Young Savers Account Savings account for minors aged 7-17 with parent/guardian as co-account holder, requiring Php 100 initial deposit and Php 500 minimum to earn interest.
• Maaasahan Savings Account Basic no-frills savings account with no minimum maintaining balance, earning 0.25% p.a. interest with maximum balance limit of Php 50,000.
• Checking Account Plus Checking account with interest-earning capability, providing checkbook and optional ATM card for flexible fund management.
• Checking Account Premium

Quantifiable outcome

• Loan growth exceeded target by 20% in 2018
• +3 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Five partnerships are on record, tiered core and minor.

• PHILGUARANTEE (Philippine Guarantee Corporation)coreStrategic or Co-development Partner · 18 November 2025PHILGUARANTEE and Bank of Makati signed a Memorandum of Agreement to jointly strengthen financial support for MSMEs through guarantee coverage for the bank's loan portfolio. The partnership aims to enhance credit access for small businesses and explore collaboration on larger projects including renewable energy initiatives. This reflects continued efforts to broaden financing opportunities for MSMEs in the Philippines.
• Mitsubishi DealershipminorChannel Partner/ Reseller/ DistributorBank of Makati partnered with Mitsubishi Dealership for a special car display event at the Mayon-Dapitan Branch. The collaboration allows clients to view featured Mitsubishi vehicles and learn about competitive auto loan offers. Bank representatives are available on-site to assist with loan inquiries and applications.
• MotortradecoreChannel Partner/ Reseller/ DistributorMotortrade is a key dealer partner for Bank of Makati's motorcycle loan products. Customers can apply for motorcycle financing at Motortrade branches nationwide. The partnership provides financing for a wide range of motorcycle models with flexible payment terms.
• Honda PrestigecoreChannel Partner/ Reseller/ DistributorHonda Prestige serves as a dealer partner for Bank of Makati's motorcycle loan offerings. The partnership enables customers to finance Honda motorcycles at competitive rates through installment plans ranging from 6 months to 3 years.
• BancNet ATM ConsortiumcoreTechnology or IntegrationBank of Makati became an allied member of the BancNet ATM Consortium in 2013, enabling customers to access their accounts through the nationwide BancNet ATM network for cash withdrawals and balance inquiries.

Scale indicators16 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• China Bank Savings: Savings bank subsidiary of China Banking Corporation, offering consumer loans, auto loans, housing loans, and retail deposits. Direct thrift-bank peer serving the same MSME and retail customer base as Bank of Makati.
• East West Banking Corporation: Philippine thrift bank with strong consumer lending (auto, mortgage) and SME focus. Comparable in scale and product mix, with similar deposit-taking and lending franchise to Bank of Makati.
• Philippine Savings Bank (PSBank): One of the largest thrift banks in the Philippines, subsidiary of Metrobank. Directly comparable to Bank of Makati as a thrift/savings bank focused on retail deposits, consumer loans, and MSME lending in the Philippine market.
• Robinsons Bank: Philippine thrift bank offering consumer loans, housing loans, and SME financing with a growing branch network. Direct peer competing in similar retail and MSME segments.

Broad incumbents

• Metropolitan Bank and Trust Company (Metrobank): One of the largest Philippine universal banks and parent of PSBank. Competes with Bank of Makati across consumer, SME, and deposit products but offers a far broader product and digital platform.
• Security Bank: Larger Philippine universal bank with significant consumer lending, mortgage, and SME operations. Competes with Bank of Makati for the same MSME and retail customers but operates a much broader product and digital suite.
• Rizal Commercial Banking Corporation (RCBC): Mid-sized Philippine universal bank with consumer lending, microfinance, and SME operations. Overlaps significantly with Bank of Makati's target customer base but at meaningfully larger scale.
• Philippine National Bank (PNB): Large Philippine universal bank with retail, SME, and consumer lending operations. Overlaps with Bank of Makati's customer segments but operates with a much larger balance sheet and broader service suite.
• Bank of the Philippine Islands (BPI): Top-tier Philippine universal bank with deep consumer and SME presence. Competes broadly with Bank of Makati in deposits, consumer loans, and MSME banking with substantially larger scale.

Emerging players

• UnionBank of the Philippines: Digital-forward Philippine bank aggressively targeting the MSME and underbanked segments with mobile-first products. Comparable in MSME focus but operates at much larger scale with a digital-native distribution model.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/bank-of-makati

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

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 Bank of Makati