Moody’s Assigns First-time Baa2 Rating To Metrobank (China) , Outlook Stable

June 17, 2021

In June 2021, Moody’s Investors Service has assigned Investment-Grade Ratings to Metropolitan Bank (China) Ltd. (Metrobank China) for the first time, that is Baa2 long-term and Prime-2 short-term local currency and foreign currency deposit ratings. Moody's has also assigned long-term and short-term local currency and foreign currency Counterparty Risk Ratings of Baa1 and Prime-2.

 

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In recent years, all business units of Metrobank China actively implemented the strategic plan of "risk prevention, change promotion, structural adjustment and growth stabilization", which led Metrobank China continuously grow in various aspects including shareholder support, corporate governance, business development and profitability. The international rating result also shows Moody's recognition of Metrobank China’s foresaid outstanding performance.


The investment-grade rating from Moody's is a significant milestone in the development process of Metrobank China. Stepping into the second decade, Metrobank China’s business strategy has been upgraded to "Three-Wheel Drive Approach" from "Two-Wheel Drive Approach", and the international investment rating grade will certainly enhance our market recognition and will contribute our international business development!