Metrobank hailed country’s Strongest Bank for 4th straight years
‘This award from The Asian Banker has undergone objective scrutiny by a team of finance experts; the award recognizes what a bank should be: strong, stable, and resilient — focused first and foremost on upholding the trust of its customers.’
Metrobank, for the fourth straight year was named Strongest Bank in the Philippines during the recently held The Asian Banker Global 2024 Finance Awards. Strongest Banks ranking of The Asian Banker is based on a detailed and transparent scorecard that ranks banks and financial holding companies on six criteria of balance sheet performance namely the ability to scale, balance sheet growth, risk profile, profitability, asset quality and liquidity covered by 14 specific factors.
photograph courtesy of Metrobank
Metropolitan Bank & Trust Co. (Metrobank) continues to post strong momentum, bringing home the Strongest Bank in the Philippines title for the fourth straight year at the recently held The Asian Banker Global 2024 Finance Awards.
“We are truly proud of this award from The Asian Banker because it has undergone objective scrutiny by a team of finance experts. This award recognizes what a Bank should be: strong, stable, and resilient — focused first and foremost on upholding the trust of its customers,” says Metrobank Financial Markets Sector Head Antonio Fernand Tansingco who received the award on behalf of the Bank.
“Our value of malasakit, which means deep care for one’s responsibilities and even going beyond what is expected, coupled with commitment and hard work of every Metrobanker, make achievements such as this possible,” adds Tansingco.
Second largest private unibank
Metrobank is the country’s second largest private universal bank empowering both retail and business clients with customized financial products and services to help reach their goals and full potential. It has an extensive consolidated network that spans over 950 domestic branches nationwide, more than 2,300 ATMs, and above 30 foreign branches, subsidiaries and representative offices.
The Strongest Banks ranking of The Asian Banker is based on a detailed and transparent scorecard that ranks banks and financial holding companies on six criteria of balance sheet performance namely the ability to scale, balance sheet growth, risk profile, profitability, asset quality and liquidity, covered by 14 specific factors.
Evaluation is conducted between March and August each year when banks’ annual financial results become available.
Metrobank was also recently named Most Recommended Retail Bank in the Philippines by The Asian Banker on the basis of the results of the publication’s Annual BankQuality™ Consumer Survey, which gathered feedback from over 12,000 customers across Asia in January 2024.