BDO, Ayala, JG Summit make it to Forbes Global 2000


Posted at May 17 2019 01:40 PM

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MANILA – Six companies from the Philippines made it to Forbes’s Global 2000 list this year, which ranks the largest publicly-listed firms in terms of sales, profits, assets and market value. 

The Sy-led BDO Unibank ranked 1018th with market value worth $11.2 billion and assets amounting to $57.5 billion, followed by SM Investments Corp at the 1092nd spot, with a market value of $21.6 billion and assets worth $19 billion.

Ramon Ang’s Top Frontier Investment Holdings Inc also made it to the list at the 1196th spot followed by Ayala Corp (1236), Metropolitan Bank and Trust (1639) and JG Summit Holdings (1720), according to the Forbes’ list released last May 15. 

The Industrial and Commercial Bank of China topped the list for the seventh year in a row, followed by JP Morgan Chase in second place, Forbes said. 

A total of 61 countries are included in the list, including the United States and Japan.