Philippine Saving Bank , the consumer and retail banking arm of the Metrobank Group, has maintained the highest Issuer Credit Rating of PRS Aaa , with a Stable Outlook, from Philippine Rating Services Corporation .
In a disclosure to the Philippine Stock Exchange, PS Bank said PhilRatings assigned the triple-A rating because of the bank’s strong market position, its sound capitalization and improved asset quality, and the bank’s strong Parent and highly‐experienced management team.It also took into consideration the positive outlook for the bank's major market, notwithstanding relatively high inflation and interest rates.
The bank likewise took the top spot among thrift banks in terms of deposits , net loans , and capital . PSBank held significant shares in the auto loans and real estate loans in the thrift banking sector.