![\"Top](\"http:\/\/lh4.ggpht.com\/_3xc39R_9Cmg\/TGvMCME4e_I\/AAAAAAAAAGI\/Meup7baFvAg\/s720\/Top%20Acquiring%20Banks.jpg\")
<\/p>\nBancNet recently gave awards of recognition to its member banks with the best performance in six areas of operations. Cited for generating the highest average volume of approved switched transactions from January 1, 2005 to December 31, 2009 were: Metrobank (1st), China Bank (2nd), and Allied Bank (3rd). As of end of 2009, Metrobank had 911 ATMs, China Bank had 398, and Allied Bank 280, all strategically located nationwide.<\/p>\n
The top ATMs on the other hand, are those at China Bank\u2019s SM City Fairview Branch (Top Onsite ATM) and SM City Manila (Top Offsite ATM) which generated the highest average daily volume of switched transactions from 2005 to 2009.<\/p>\n
Awarded for having the highest average transaction completion rate of 99.64% over the same 5-year period was Philtrust Bank while Citystate Bank was cited for having the highest average rate of host availability at an almost perfect 99.99%.<\/p>\n
Metrobank was also awarded for posting the highest percentage growth in cardholders using their ATM cards to pay for their purchases.<\/p>\n
Philippine Bank of Communications or PBCom was awarded for having the highest percentage increase in the number of its cardholders using their ATM cards to pay their bills.<\/p>\n
The awards were given during BancNet\u2019s 20th Anniversary celebration at Intercontinental Hotel in Makati City.<\/p>\n
<\/p>\n
The Top Acquiring Bank awardees pose with BSP governor Amando Tetangco (center) and BancNet president Francisco Caparros, Jr.(4th from left). From left: 3rd place- Allied Bank ( represented by FSVP Rafael Sison); 2nd place-China Bank (represented by EVP-COO Ricardo Chua); 1st place-Metrobank (represented by EVP Fabian Dee)<\/p>\n
![\"Top](\"http:\/\/lh6.ggpht.com\/_3xc39R_9Cmg\/TGvMCe4Z5_I\/AAAAAAAAAGM\/tD2VKHP0ruw\/s720\/Top%20Performing%20Bank.jpg\")
<\/p>\n
BSP Governor Amando Tetangco, Jr.(4th from left), BancNet chairman Ricardo Chua (5th from left) and president Francisco Caparros, Jr.(2nd from right) with BancNet\u2019s other top performing banks ( from left): Highest growth in unique users of Debit Shopping- Metrobank ( represented by EVP Fabian Dee) ; Highest growth in unique users of Bills Payment \u2013 PBCom (represented by FVP Roberto Reyes); Top Onsite and Offsite ATMs- China Bank ( represented by AVP Carol Chua) ; Highest Host Availability Rate- Citystate (represented by president Alfred Cabangon) and Highest Transaction Completion Rate- Philtrust ( represented by VP George Castro).<\/p>\n","protected":false},"excerpt":{"rendered":"
BancNet recently gave awards of recognition to its member banks with the best performance in six areas of operations. Cited for generating the highest average volume of approved switched transactions from January 1, 2005 to December 31, 2009 were: Metrobank (1st), China Bank (2nd), and Allied Bank (3rd). As of end of 2009, Metrobank had […]<\/p>\n","protected":false},"author":4,"featured_media":4177,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"class_list":["post-3962","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-old"],"yoast_head":"\n