MANILA, Philippines — 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," Lizette Perez, head of Metrobank’s Private Wealth Division, said.
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,” Euromoney stated.
Metrobank’s Relationship Managers provide a holistic service to cater to the UNHW clients’ needs such as:
- 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
- Giving access to the entire product suite of the Metrobank Group
- 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.