Germany and the Philippines have different banking systems and financial markets. Germany has a larger economy and banking system, with 1804 banks and total banking assets of $8.06 trillion compared to the Philippines' 699 banks and $177 billion in total assets. The largest banks in Germany are Deutsche Bank and Commerzbank, while the largest in the Philippines are BDO Unibank Inc. and Metrobank. Banking systems differ between the countries in ownership structure, categories of banks, and regulatory compliance with Basel accords. Financial markets also vary, with Germany having larger stock exchanges and market capitalization compared to the Philippines.