Maya Bank Tops Philippine Bank Rankings by Forbes and Financial Times' The Banker

In 2024, Maya Bank's deposit base grew by 59% to PHP 39 billion, while its loan disbursements soared to PHP 92 billion

• Global Recognition: Maya Bank tops Forbes’ list of best banks in the Philippines and leads The Banker’s neobank rankings, outshining both traditional and digital rivals.
• Impressive Growth: The bank’s deposit base surged to PHP 39 billion, loans disbursed hit PHP 92 billion, and credit card issuance reached 100,000—highlighting strong consumer trust.
• Inclusive Finance: With a focus on meaningful financial inclusion, Maya Bank continues to serve millions with simplified banking, data-driven services, and first-time credit access.

In a field long dominated by traditional giants, Maya Bank has emerged as the leader of the pack, earning top honors from not one but two prestigious international institutions. Forbes named it the Philippines’ best overall bank for 2025, while The Banker, a publication by the Financial Times, declared it the top digital bank in the country. This moment marks a major milestone not just for Maya Bank, but for the entire Philippine digital finance landscape.

A New Benchmark in Banking Excellence

Getting to the top of Forbes’ 2025 list wasn’t just about good branding. Maya Bank beat out both traditional and neobank competitors based on five rigorous categories: trustworthiness, terms and conditions, customer service, digital services, and quality of financial advice. The results stemmed from a survey of over 50,000 consumers across 34 countries.

But what’s more impressive is how Maya Bank also landed in the Top 100 digital-first banks globally in The Banker’s inaugural Neobank Rankings. This list was curated based on real metrics—asset strength, capital efficiency, and business growth—not just consumer perception. These rankings send a strong signal: Maya Bank is not just a standout locally but a player on the world stage.

According to Maya Group President and Maya Bank Co-Founder Shailesh Baidwan, “These global recognitions reflect our relentless focus on creating a digital banking experience that is simple, inclusive, and deeply trusted by our customers.”

Tangible Growth, Real-World Impact

Beyond the awards, Maya Bank’s 2024 performance speaks volumes. It was a breakout year that pushed the entire Maya Group into profitability. The bank’s deposit base grew by 59% to PHP 39 billion, while its loan disbursements soared to PHP 92 billion. Even more telling is the milestone of issuing 100,000 credit cards, 40% of which went to first-time cardholders. This is the kind of progress that hits right where it matters: access to capital for Filipinos.

Maya Bank President Angelo Madrid explained, “Our goal at Maya Bank has always been to make everyday banking more accessible and meaningful for more Filipinos. These recognitions remind us that designing for inclusion—whether it’s easier credit, better savings, or seamless digital access—can create real impact at scale.”

This is not just lip service. For many unbanked and underserved Filipinos, Maya Bank is often their very first experience with formal credit or digital saving. Its user-friendly platform and integration with the broader Maya ecosystem offer a seamless, mobile-first experience that resonates with younger generations.

The Power of an Ecosystem

Maya Bank’s success is not built in isolation. It’s deeply integrated into the wider Maya ecosystem, which includes the Maya app and Maya Business, the country’s #1 omnichannel payment processor. This interconnectivity allows Maya to personalize financial services using data insights—something that traditional banks have been slower to embrace.

And it’s this very connection that allows Maya Bank to push the boundaries of what modern banking can look like in the Philippines. From business payments to personal finance tools, users get a holistic experience that evolves with them. It's no surprise that the Maya app is consistently top-rated in the app stores.

Maya Founder and CEO and Maya Bank Co-Founder Orlando Vea summed it up powerfully: "We are proud to represent the Philippines in the global banking and fintech stage, and we remain committed to building an equitable future for all Filipinos where financial empowerment is truly universal."

Maya Bank’s recognitions from Forbes and The Banker are more than just medals on the wall. They affirm the bank’s strategy of putting user needs front and center. The company’s ability to scale responsibly while providing first-time financial access to millions is a proof point for what digital banking in the Philippines can be.

For those still on the fence about making the digital banking switch, Maya Bank’s trajectory offers a compelling case. It has demonstrated that with smart use of technology, a laser focus on customer experience, and a commitment to inclusion, a digital-first bank can not only survive but thrive.

If you’re curious about what modern, intelligent, and inclusive banking feels like, it might be time to give Maya Bank a serious look.