Metrobank recognized for cash management

MANILA, Philippines — Metrobank was recently recognized by Euromoney for its excellence in providing cash management services to businesses across the Philippines, in the publication’s 2023 Cash Management Survey for Non-Financial Institutions.

Euromoney surveyed over 29,000 respondents – including cash managers, treasurers and financial officers worldwide to rank and assess their top providers of cash management services. In the said survey, Metrobank ranked first on the Best Service for Financial Facilities, across all industry sectors in the Philippines. Meanwhile, the bank also received the top rank for the Best Service overall, for medium-sized companies across the country.

“We are honored to receive these recognitions from Euromoney. This is especially meaningful for us as it reflects the confidence of our partner businesses on the cash management solutions we provide them. This award is a testament to our tireless commitment to provide only the best financial services to our clients,” said Metrobank Institutional Banking Sector head Mylene Caparas.

Euromoney’s Cash Management Survey is considered the benchmark survey for the global cash management industry. According to the publication, this is the most comprehensive guide to the cash management arena in the market.

In addition to these awards from Euromoney, Metrobank was also named as the Strongest Bank by The Asian Banker for the third consecutive year – a feat for any bank in the Philippines. Asiamoney named it as the “Best Domestic Bank”, “Best Service for Trade Finance services”, “Best Bank from the Ultra-High Net Worth”, and “Best Domestic Private Bank”. Meanwhile, it was given the “Cesar E.A. Virata Award” under the Bank Category for the ninth year and six other Trading Awards because of its exceptional performance on fixed-income securities trading at the recently held 2023 Philippine Dealing System Awards Night.