METROBANK Bank & Trust Co. (Metrobank) becomes the first-ever Philippine financial institution to claim the Strongest Bank title from The Asian Banker for three straight years.
The award is part of The Asian Banker’s annual ranking analysis of all major banks in the Asia Pacific Region based on their strongest balance sheet performance.
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.
Metrobank sustained its strong performance as it booked a 34 percent growth in net income to P20.9 billion in the first half of this year. (PR)