Competition
Metrobank, as the 2nd largest Philippine bank, is always trying to stave off competition to stay as one of the country's largest bank. Its main competitor is Banco de Oro (BDO) of tycoon Henry Sy and Bank of the Philippine Islands (BPI) of the Ayala group. But other major competitors include Rizal Commercial Banking Corporation (RCBC), Land Bank of the Philippines, and Philippine National Bank of tycoon Lucio Tan.
Read more about this topic: Metropolitan Bank And Trust Company
Famous quotes containing the word competition:
“Sisters define their rivalry in terms of competition for the gold cup of parental love. It is never perceived as a cup which runneth over, rather a finite vessel from which the more one sister drinks, the less is left for the others.”
—Elizabeth Fishel (20th century)
“Every sect is a moral check on its neighbour. Competition is as wholesome in religion as in commerce.”
—Walter Savage Landor (1775–1864)
“Knowledge in the form of an informational commodity indispensable to productive power is already, and will continue to be, a major—perhaps the major—stake in the worldwide competition for power. It is conceivable that the nation-states will one day fight for control of information, just as they battled in the past for control over territory, and afterwards for control over access to and exploitation of raw materials and cheap labor.”
—Jean François Lyotard (b. 1924)