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Metrobank looking to raise P5B from bonds

METROPOLITAN Bank & Trust Co. (Metrobank) is looking to raise P5 billion via peso-denominated bonds to support its lending business and expand its funding sources.

Large banks to show ‘greater resilience’ to risks

THE COUNTRY’S biggest banks will show “greater resilience” despite changing operating conditions compared to their mid-sized peers, Fitch Ratings, Inc. said in a report on Thursday.

Loan growth buoys Metrobank Q2 earnings

METROPOLITAN Bank & Trust Co.’s (Metrobank) net income in the second quarter rose 15.5% to P6.48 billion from a year earlier, buoyed by sustained loan and margin growth as well as fee-based profit, the lender said in a statement to the stock exchange on Friday.

Metrobank raises P11.25B in fresh funds from bonds

METROPOLITAN BANK & Trust Co. (Metrobank) raised P11.25 billion in fresh funds via fixed-rate bonds, marking the fourth tranche of its P100-billion bond program.

Metrobank is Best Managed Bank in the Philippines

BANGKOK, THAILAND – Metropolitan Bank and Trust Co. (Metrobank) is recognized as The Best Managed Bank in the Philippines at the Asian Banker Leadership Achievement Awards 2019. These awards are widely acknowledged by the financial services industry as the highest possible accolade given to  companies and individuals within the Asia Pacific and Gulf regions.

Metrobank net profit up

METROPOLITAN BANK & Trust Co. (Metrobank) saw higher net income in the first quarter driven by consistent lending and margin expansion as well as higher fee-based income.

Metrobank raises P17.5B

METROPOLITAN BANK & Trust Co. (Metrobank) raised P17.5 billion in fresh funds via fixed-rate bonds, higher than its initial target.

Metrobank set to absorb its credit card subsidiary

METROPOLITAN BANK & Trust Co. (Metrobank) is set to absorb its wholly owned credit card subsidiary in a bid to improve synergy and increase profitability.

Metrobank 2018 net profit rises 21% amid growth in loans

METROPOLITAN Bank & Trust Co. (Metrobank) said net profit rose 21% in 2018, buoyed by the healthy expansion in loans.

Metrobank set to redeem P16B in debt notes before maturity

METROPOLITAN BANK & Trust Co. (Metrobank) said it will redeem P16 billion worth of subordinated debt notes by June 27, ahead of its 2024 maturity.

Moody’s Investors Service affirms credit ratings for BDO, Metrobank

MOODY’S INVESTORS Service kept its credit ratings for BDO Unibank, Inc. and Metropolitan Bank & Trust Co. (Metrobank), vouching for their sound footing despite loan defaults from an embattled Korean shipbuilder.

Metrobank expects ‘consistent’ growth

METROPOLITAN Bank & Trust Co. (Metrobank) expects its growth to be “consistent” this year compared with 2018 as it draws strength from the economy’s expansion.

Metrobank’s bond reissue yields P18B in fresh funds

METROPOLITAN Bank & Trust Co. (Metrobank) raised P18 billion from the reissuance of its peso-denominated bond program.

The journey of tycoon and philanthropist George Ty

The local business scene was once filled with deep sadness as business icon and philanthropist Dr. George S.K. Ty, founder of Metropolitan Bank &...

The legacy of a great man

The loss of banking and business magnate Dr. George S.K. Ty is being felt in all the corners of the Philippine business community. Though chiefly...

A leader in community service

Business magnate Dr. George S.K. Ty is not only known as a remarkable businessman who founded Metropolitan Bank & Trust Co. (Metrobank) and ventured...

Metrobank reopens two-year bond offering

METROPOLITAN Bank & Trust Co. (Metrobank) is looking to raise an additional P5 billion through another tranche of fixed-rate bonds, following a fresh offering earlier this month.

Metrobank Q3 income up on core business’ strength

METROPOLITAN Bank & Trust Co. (Metrobank) saw its net income grow in the third quarter on the back of the strong performance of its core businesses.

Metrobank raises P10 billion from fixed-rate bonds

METROPOLITAN Bank & Trust Co. (Metrobank) has raised P10 billion in fresh funds via fixed-rate bonds — the first ever bond issuance by a local lender since the regulator liberalized rules on banks’ fundraising activities.

DBP, Metrobank sign property tax payment tieup

THE Development Bank of the Philippines (DBP) said it tied up with Metrobank Card Corp. (MCC) in an electronic-payments venture to facilitate Taguig and Valenzuela real property tax payments.

Metrobank raises P8.68 billion

METROPOLITAN Bank & Trust Co. (Metrobank) has raised P8.68 billion from the first tranche of its P25-billion long-term negotiable certificates of deposit (LTNCD) program meant to diversify its funding sources.

MADE 2018: Reality on canvas

STORIES OF struggle were top winners this year’s Metrobank Art and Design Excellence (MADE) Painting Competition.

Metrobank, BPI to raise funds from debt papers

METROPOLITAN BANK & Trust Co. (Metrobank) and Bank of the Philippine Islands (BPI) are set to issue peso-denominated bonds to raise fresh funds.

Metrobank offers LTNCDs

METROPOLITAN BANK & Trust Co. (Metrobank) started offering long-term negotiable certificates of time deposit (LTNCD) on Monday to diversify its funding sources.

BSP OK’s Metrobank’s P25-B LTNCDs

METROPOLITAN Bank & Trust Co. (Metrobank) received central bank approval to issue P25 billion worth of long-term negotiable certificates of deposit (LTNCD) to diversify its funding sources.

Metrobank posts higher Q2 net income

METROPOLITAN BANK & Trust Co. (Metrobank) posted a higher net income in the second quarter on the back of its robust core business.

Metrobank plans to raise P20 billion via LTNCDs

METROPOLITAN Bank & Trust Co. (Metrobank) is planning to raise up to P20 billion by selling long-term negotiable certificates of deposit (LTNCD) to diversify...

Metrobank to raise up to P20 billion from LTNCDs

Metropolitan Banking & Trust Co. (Metrobank) is planning to raise up to P20 billion by selling long-term negotiable certificates of deposit (LTNCD). In a disclosure...

Metrobank sets final terms for stock rights offer

Metropolitan Bank and Trust Co. (Metrobank) has set the final terms of its stock rights offering (SRO) seen to raise P60 billion to fund...

Metrobank launches MADE 2018

THE Metrobank Foundation, Inc. (MBFI) will launch the 2018 Metrobank Art & Design Excellence (MADE) through a series of art exhibits, workshops, and lectures...

Metrobank, BPI plan stock rights offers

TWO OF THE COUNTRY’S biggest banks are looking to conduct stock rights offerings (SRO) to fund their core business expansion and other operations. Metropolitan Bank...

Metrobank president, officials to be suspended for fraud case

By Melissa Luz T. Lopez, Senior Reporter AT LEAST 12 executives and officers at Metropolitan Bank & Trust Co. (Metrobank) will be suspended over the P1.75-billion...

Metrobank Art awards winning sculpture finds a home

For 12 years, Real estate developer Federal Land, Inc. and Metrobank Foundation, Inc. (MBFI), both members of the GT Capital Holdings family, have been...

Metrobank posts higher earnings at end-Sept.

METROPOLITAN BANK and Trust Co. (Metrobank) booked a higher net income in the third quarter, with its core businesses continuing to grow. In its quarterly...

Metrobank set to buy out ANZ’s stake in credit card joint...

METROPOLITAN Bank & Trust Co. (Metrobank) is set to buy out a minority shareholder in a credit card joint venture for P14.8 billion, which...

BSP looking into Metrobank ‘internal fraud’

By Melissa Luz T. Lopez, Senior Reporter THE Bangko Sentral ng Pilipinas (BSP) is currently looking into internal lapses that led to a reported P900-million...