EAGLE Awards 2009 - RB Sto. Tomas.AVI

The annual EAGLE Awards is MABS way of recognizing its excelling partner rural banks based on their Efficiency, Asset Quality, Growth, Liability Structure, and Earnings (EAGLE). Every year, MABS conducts an assessment of its participating banks' performance particularly in microfinance. The results of the annual assessment are presented to the rural banks in a score card format along with written analyses and recommendations for improvement, usually during the annual National Roundtable Conference. Those that met MABS standards for excellence are awarded the EAGLE Achievement Award.

The 2009 EAGLE awardees were recognized not only for their outstanding performance but also for other special points that made their banks stand above the rest. The Rural Bank of Santo Tomas was commended for its noteworthy balance between growth and asset quality, remarkable microfinance loan portfolio growth of more than 67%, growth in the number of active borrowers by more than 56%, and a maintained portfolio-at-risk rate of less than 3%.

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