Metropolitan Bank & Trust Co. said it continues to post a 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 an 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 our customers,” said 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,” said Tansingco.
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.
The evaluation is conducted between March and August each year when banks’ annual financial results become available.
The Asian Banker also recently named Metrobank as the Most Recommended Retail Bank in the Philippines, based on the results of the publication’s Annual BankQuality Consumer Survey, which gathered feedback from over 12,000 customers across Asia in January 2024.
The bank’s financial markets sector also garnered awards from the Bureau of the Treasury, Fund Managers’ Association of the Philippines, and regional finance publications, namely, Alpha Southeast Asia and The Asse for its expertise in securities trading and investment and wealth management.
Metrobank is the country’s second largest private universal bank that empowers both retail and business clients with customized financial products and services fit 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 over 30 foreign branches, subsidiaries and representative offices.