Good marks for Metrobank

PANAMA. Metrobank and its subsidiaries has received a risk qualification BBB for its short term deposits.

In a report published by the risk assessment company Equilibrium, the bank was given higher marks for its capitalization levels, the increase in its liquid assets and for being a good niche Panamanian bank.

However, the report also recommended that Metrobank reduce its dependency on a few important rs and account holders. It also needs to improve its efficiency and profitability levels, by reducing its operational costs.

Currently Metrobank has liquid assets of $331 million, thanks to the commercial loans it has given over the last 12 months.

Equilibrium commended the bank for its low amount of loans in arrears.