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Introduction of Metrobank
Metropolitan Bank and Trust Company (Metrobank) is the
biggest full-services bank in Philippines and also is the flagship company of the Metrobank Group.
Metrobank Group¡¯s subsidiaries and affiliates are: Banks, Investment Corporations, Leasing & Finance Co., Insurance Corporations, Securities Corp., Automotive Corp. (a joint venture with Toyota Motor Corp. and Mitsui & Co., of Japan), Remittance Companies, Credit Card Co. and Traveling Co. etc. Metrobank has over 700 local and international branches and offices under its aegis, and outside the Philippines, it has branches, offices and subsidiaries in USA, Britain, Spain, Japan, Korea, Singapore and China (including Hong Kong and
Taiwan).
Based on Tier One Capital, Metrobank was ranked as 357th of Top 1000 World Banks by The Banker
(07/2001). According to The Asiaweek Financial (09/2001), Metrobank was ranked as 178th of The Region¡¯s 500 Largest Banks, 18th of The Largest 50 Banks In
Asean, and 1st of The Philippines Country. Obtained from Moody¡¯s Investors Service a Ba2/BP rating for Bank Deposits and a D rating for Financial Strength
(05/2001). Awarded as one of the top companies in Asia by the Far Eastern Economic Review
(02/2001). The bank was ranked 7th overall and 4th in terms of financial soundness. Bagged its fourth Most Outstanding Commercial Bank Award from the Consumers Union of the Philippines
(03/2001) Recognized by Finance Asia as one of Asia Best Managed Companies
(05/2001) Won the 2000 Asian Banking Awards trophy for Total Quality and Operational Efficiency
(03/2000) handed out by the Asian Bankers Association.
Ranked as 1st among Philippine private commercial banks in term of assets, loans, and deposits for the quarter ending March 2002. For the past 10 years, it led the industry in assets, loans, and deposits on a consolidated basis.
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