THE Metropolitan Bank & Trust Co. (Metrobank) announced it became “the first-ever Philippine financial institution to claim the Strongest Bank title” from a Singaporean firm for three straight years.
The lender’s statement read that it considers the award given by TAB International Pte. Ltd. as “pioneering and most credible annual ranking analysis of all major banks in the Asia Pacific region based on their strongest balance sheet performance.”
The lender added that assessments for a bank’s performance “are based on a detailed scorecard established by six criteria of balance sheet performance; namely, the ability to scale, balance sheet growth, risk profile, profitability, asset quality and liquidity.”
