Perhaps consistency is truly the key to excellence.

In the case of Metropolitan Bank and Trust Co. (Metrobank), this strategy worked for four consecutive years as it again bagged the Strongest Bank in the Philippines title at The Asian Banker Global 2024 Finance Awards.

The Ty family-led bank, also the country’s third largest private bank in terms of assets, bested other financial institutions based on the following criteria: ability to scale, balance sheet growth, risk profile, profitability, asset quality and liquidity.

Article continues after this advertisement

“This award recognizes what a bank should be: strong, stable and resilient—focused first and foremost on upholding the trust of our customers,” Metrobank financial markets sector head Antonio Fernand Tansingco said in a statement.

no deposit bonus casino 2022FEATURED STORIES BUSINESS BIZ BUZZ: Metrobank still ‘strongest bank’ in PH BUSINESS An upper middle-income nation by 2025? What PH is bound to lose BUSINESS Tighter digital payment rules set in March

Based on the bank’s nine-month performance in 2024, it seems, indeed, to be deserving of the recognition.

Analysts have said that Metrobank is poised for another banner year as its bottom line expanded by 12.4 percent to P35.7 billion. This is already 85 percent of its full-year net income of P42.2 billion in 2023.

Article continues after this advertisement

It’s not just that: Metrobank has also been consistently recognized by The Asian Banker.

Article continues after this advertisement

Earlier this year, it was also named the Most Recommended Retail Bank in the Philippines based on feedback from 12,000 customers across Asia.

Article continues after this advertisement

Will it be strong enough to rise up the ranks in 2025?—Meg J. Adonis

OFWs fight scams, too

Scammers don’t seem to mind if you’re based elsewhere.

Article continues after this advertisement

In fact, overseas Filipino workers (OFWs) also found themselves receiving that familiar, sketchy text message with a link they’re forcing you to click.

While we’re all too familiar, and perhaps already numb, with this scheme, telecommunications giant PLDT Inc. points out that our OFW loved ones need the extra push.

In its recent #BeCyberSmart talk for OFWs at the Department of Migrant Works, PLDT taught them about “internet hygiene”—it doesn’t involve soap and water, but it does involve “cleaning up.”

Participants learned about securing their data and spotting scams, including phishing and vishing attacks that can steal their money.

READ: Atram finalizes Fami takeover

“We hope to educate OFWs through this seminar so that we can help them protect themselves and their family members from internet scams and, at the same time, empower them with the knowledge to navigate the online world safely and responsibly,” PLDT Global president and CEO Albert Villa-Real said in a statement.

Your subscription could not be saved. Please try again. Your subscription has been successful.

Subscribe to our daily newsletter

SIGN ME UP

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

Let’s hope that we can somehow put a rest to these scammers by ignoring and reporting them. —Meg J. Adonis

Overall retail sales rose unexpectedly by 0.1 percent from July to August at $710.8 billion, defying analysts’ anticipation of a 0.2 percent decline, according to Department of Commerce data.

The government aims to attain an “A” credit rating by the end of the Marcos administration in 2028. To achieve this ratingmw cash, the Bangko Sentral ng Pilipinas has advised that the government should prioritize macroeconomic stability, fiscal sustainability, and good governance.

READ NEXT PH gross borrowings down in November, says BTr An upper middle-income nation by 2025? What PH is bound to lose EDITORS' PICK Swiss cabin crew member dies after smoke forced emergency landing S. Korea court issues arrest warrant for impeached president Yoon Appeals court upholds verdict in Trump sexual abuse case Keeping President Carter’s values alive as 2024 comes to an end Fever, respiratory illnesses hound some Kanlaon evacuees Filipinos urged: Pick up healthier habits in 2025 MOST READ Don’t politicize Nazarene’s Trasclacion, Comelec tells poll bets Swiss cabin crew member dies after smoke forced emergency landing PAF to get 6 light attack planes after retiring old Broncos, choppers Atong Ang, Sunshine Cruz spotted at a wedding after dating confirmation Follow @FMangosingINQ on Twitter --> View comments