Maya Bank has been named the Best Overall Bank in the Philippines by Forbes magazine, and the country’s top digital bank by The Banker, a publication of the Financial Times, marking a significant milestone for the fintech-driven institution and cementing its position at the forefront of the country’s rapidly evolving banking landscape.
In a statement, Maya Bank said it ranked highest among all traditional and digital banks in the Philippines, according to a global consumer survey conducted by Forbes in partnership with research firm Statista. This is the first time Maya has claimed the top local spot and its third consecutive appearance on Forbes’ annual list of the world’s best banks.
The Forbes survey gathered responses from over 50,000 consumers across 34 countries, evaluating banks on five weighted dimensions: trustworthiness, terms and conditions, customer service, digital services, and quality of financial advice. Following Maya, GoTyme Bank—a digital lender under the Gokongwei group—ranked second, with Metropolitan Bank and Trust Co. in third.
In parallel, The Banker recognized Maya Bank as the Philippines’ leading digital bank in its inaugural Neobank Rankings, a global benchmarking of licensed digital banks based on asset strength, capital efficiency, and growth. Maya was also included in The Banker’s list of the top 100 digital-first banks worldwide, highlighting its strong financial performance and growing global relevance.
“These global recognitions reflect our relentless focus on creating a digital banking experience that is simple, inclusive, and deeply trusted by our customers,” said Shailesh Baidwan, Maya Group president and co-founder of Maya Bank.
Maya Bank President Angelo Madrid added, “Our goal 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.”
Orlando Vea, Maya founder and CEO as well as Maya Bank co-founder, emphasized the broader mission: “We are proud to represent the Philippines on the global banking and fintech stage. We remain committed to building an equitable future for all Filipinos where financial empowerment is truly universal.”
The dual recognitions signal not only Maya Bank’s growing prominence but also the accelerating shift in consumer trust toward digitally native banking solutions amid increased competition in the Philippine financial services sector.
