This affirms the thrift bank’s strong financial standing, sound asset quality, and dominant position in the auto and housing loan markets.
Credit score justification
PSBank ended 2024 as the country’s largest thrift bank, with P214.9 billion in assets and P140.9 billion in net loans. Its capital adequacy ratio stood at a healthy 23.5 percent as of March 2025, well above regulatory limits, while its non-performing loan ratio remained low at 2.6 percent.
The credit rating also reflects confidence in PSBank’s leadership under Jose Vicente Alde and the continued backing of parent firm Metrobank.
With auto loans forming a major chunk of its portfolio, PSBank is poised to ride the projected 7 percent growth in car sales this year, driven by strong remittances, business process outsourcing growth, and easing inflation.
