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Kroll assigns ratings to Metropolitan Bank Holding, subsidiary

Kroll Bond Rating Agency on Jan. 27 assigned a senior unsecured debt rating of BBB, subordinated debt rating of BBB-, and short-term debt rating of K3 to New York-based Metropolitan Bank Holding Corp.

The rating agency also assigned deposit and senior unsecured debt ratings of BBB+, a subordinated debt rating of BBB, and short-term debt and deposit ratings of K2 to unit Metropolitan Commercial Bank.

All long-term ratings have a stable outlook.

Kroll attributed the bank's "solid capital position, superior asset quality metrics and abundant reserves, and the management team's extensive experience" for supporting the ratings.