Metropolitan Bank & Trust Co. (Metrobank)
consistently demonstrates financial strength as it brings
home the 2023 Best Bank of the Year award from The
Banker for the second consecutive year.
The Banker, a leading financial publication that
is part of the Financial Times group, has once again recognized Metrobank’s performance based on its ability to
deliver returns, gain strategic advantage, and effectively
serve its markets.
The publication noted that Metrobank has enjoyed its most successful year to date in 2022 – its 60th
anniversary year – with all-time high earnings of PHP
32.8 billion ($590m), on the back of strong demand for
retail and corporate loans, healthy fee income, subdued
operating expense growth, and lower provisions on stable asset quality.
“Metrobank has been in the industry for six
decades and throughout our journey, we have always
ensured that we are able to thrive in different market conditions. We are thankful for the Banker’s recognition. It is
most timely given the challenging economic prospects
that the world faces today. We aim to sustain an upward
momentum in our performance. Moving forward, we
remain committed in keeping our stakeholders in good
hands,” said Metrobank President Fabian S. Dee.
This year, Metrobank has been receiving accolades from acclaimed international award-giving
bodies and Philippine government agencies. The Bank
is named as the Strongest Bank by The Asian Banker
for the third consecutive year – a feat for any bank in
the Philippines. Asiamoney recognized it as the “Best
Domestic Bank”, “Best Service for Trade Finance services”, “Best Bank from the Ultra-High Net Worth”, and
“Best Domestic Private Bank”. It was also recognized for
providing top-notch Cash Management services for Philippine businesses by Euromoney.Meanwhile, at home,
the Bureau of the Treasury named Metrobank as the
Top Market Maker for 2023, besting other government
securities eligible dealers, for its efforts in helping the
national government to meet its financing requirements
and for supporting the initiatives of the National Treasury
in enhancing the access of Filipinos to investment opportunities. Metrobank was also handed the “Cesar E.A.
Virata Award” under the Bank Category for the ninth year
and six other Trading Awards because of its exceptional
performance on fixed-income securities trading at the
recently held 2023 Philippine Dealing System Awards
Night.
These awards reinforce Metrobank’s commitment to strength, innovation, and service excellence
and truly underscore the dedication of Metrobankers in
keeping clients in good hands. END
