Metropolitan Bank & Trust Co. (Metrobank) remains the preferred bank for affluent Filipinos as it receives the Best Bank for Ultra-High-Net-Worth (UHNW) award at the Euromoney Global Private Banking Awards 2024.
The latest recognition keeps Metrobank’s streak of winning major awards intact. The Bank was named Best Bank for the Ultra-High-Net-Worth and Best Domestic Private Bank by Asiamoney in 2023. The Banker recognized Metrobank as the Philippines’ Bank of the Year for 2022 and 2023. Moreover, it was hailed as the Strongest Bank in the Philippines by The Asian Banker for 2021, 2022, and 2023.
"We take this recognition as both an affirmation of our efforts and a challenge to continue elevating the services we provide. Trust is paramount to us, and being recognized as the preferred bank for affluent families in the Philippines underscores Metrobank's dedication to keeping our valued clients in good hands," said Lizette Perez, Head of Metrobank’s Private Wealth Division.
Euromoney acknowledged Metrobank's leadership in the UHNW segment in 2023, noting the impressive quality of services provided by the bank and its highly capable team.
“The Bank has one of the industry’s most knowledgeable and experienced group of relationship managers. In addition, UHNW clients have access to entire product suite that the Group offers across its Treasury Group and Trust, Branch, and Consumer Banking Business,” said Euromoney.
Metrobank’s Relationship Managers provide a holistic service to cater to the UNHW clients’ needs – from providing expert advice on wealth management and estate planning; serving as a trusted financial adviser; conducting financial education programs for UHNW families' heirs and next generation of leaders; and giving access to the entire product suite of the Metrobank Group; to performing services beyond private banking, including linking clients to various touchpoints for insurance, transportation, real estate and healthcare.
The international publication also cited the Bank’s partnership with CreditSights, which gives UNHW clients access to the firm’s insights and advice through the Bank’s Wealth Insights portal.
Wealth Insights provides investors with timely advice through curated market-changing news, up-to-date commentary and calls on the local and global financial markets, simplified explainers on key economic and financial concepts, and easy-to-understand actionable ideas across different asset classes. It also serves as a gateway to Wealth Manager, a tool that enables clients to actively manage their portfolio anytime, anywhere.
Metrobank Private Wealth has steadily cemented its position within the Ultra-High Net Worth segment with its exceptional brand of service in helping clients preserve their wealth and build lasting legacies.
ABOUT METROBANK
Metrobank is the country's second largest private universal bank that empowers both retail and business clients with customized financial products and services fit to help reach their goals and full potential. It has an extensive consolidated network that spans over 940 domestic branches nationwide, more than 2,300 ATMs, and above 30 foreign branches, subsidiaries, and representative offices. The Bank believes that its robust capital position and balance sheet strength will provide ample support as it navigates through uncertain times. Capital ratios are among the highest in the industry, with total CAR at 18.3% and Common Equity Tier 1 (CET1) ratio at 17.4%. Consolidated assets stood at PHP3.1 trillion at the end of December 2023, making it one of the strongest and well-capitalized banks in the country. For more information, please visit: https://metrobank.com.ph.
