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July 21, 2024

Metrobank clinches ‘Strongest Bank’ title for third consecutive year

Metropolitan Bank and Trust Co. (Metrobank) has secured the prestigious Strongest Bank title from The Asian Banker for the third consecutive year, marking it as the first Philippine financial institution to achieve this distinction.

This accolade is part of The Asian Banker’s authoritative annual ranking analysis of major banks in the Asia Pacific Region, with assessments based on various performance factors including scalability, balance sheet growth, risk profile, profitability, asset quality, and liquidity.

Bankero and Metrobank President Fabian Dee expressed gratitude and reaffirmed the bank’s commitment to serving its clients and stakeholders, citing the dedication of its team of Metrobankers as a key factor in this achievement.

Metrobank’s robust performance, characterized by a 34% growth in net income to P20.9 billion in the first half of the year, further solidified its position.

Notably, Asiamoney recognized Metrobank as the Best Domestic Bank and bestowed it with several other prestigious awards.