Metropolitan Bank & Trust Co. (Metrobank) announced a record ₱37.3 billion in net earnings in the first nine months of the year, a 4.3 percent increase from 2024, driven by strong loan growth, improved margins, and healthy trading income. In a disclosure to the Philippine Stock Exchange, the bank...
Diversified conglomerate San Miguel Corp. (SMC) leads the nine Filipino companies included in Forbes Magazine’s World’s Best Employers list this year, which consisted of 900 companies. SMC was ranked at No. 42, the only Philippine company in the top 100, followed by Ayala Corp. (139),...
The Ty family’s investment arm, GT Capital Holdings, Inc., expects to sustain its strong growth trajectory as it reported a 31 percent jump in core net income to ₱18.11 billion due to the record performances of Metrobank, Toyota, and Metro Pacific. In a disclosure to the Philippine Stock...
Metropolitan Bank & Trust Co. (Metrobank) of the Ty family booked a 5.1-percent improvement in net income to ₱24.8 billion in the first half of the year, from ₱23.6 billion in the same period of 2024, fueled by a surge in non-interest earnings from fees and trading and foreign exchange (forex)...
The Sy family’s flagship SM Investments Corporation and its banking arm, BDO Unibank, led the seven Philippine companies that made it to Forbes Magazine’s 23rd Global 2000, which ranks the largest public companies in the world. SMIC was ranked at No. 811 among the world’s top public...
Metropolitan Bank & Trust Company continues to strategically expand its reach with the opening of four new branches in key locations across the country in the first quarter of the year. The bank said it opened new branches within key business districts of Metro Manila, Power Plant Mall in Makati...
The Ty family’s investment arm GT Capital Holdings, Inc. is confident of sustaining its positive momentum this year after reporting that its first quarter 2025 numbers already surpassed last year’s record performance. In a disclosure to the Philippine Stock Exchange, the firm said its core net...
Metrobank President Fabian S. Dee Metropolitan Bank & Trust Company booked ₱12.3 billion in the first quarter of the year, driven by higher loans and non-interest earnings. In a statement, the bank said earnings improved from ₱12 billion in the first quarter of 2024 as its pre-provision...
Globe Telecom Inc. has sealed term loan facilities amounting to ₱20 billion to address its budget needs and boost capital spending this year. In a disclosure to the Philippine Stock Exchange (PSE), the Ayala-led telecommunications giant said it borrowed ₱10 billion each from Sy-led BDO Unibank...
Let's be honest, saving up money can often feel overwhelming, with your day-to-day spending piling up, worries about unplanned expenses from emergencies, and overall need for the right savings habit. And you're not alone in this. The Bangko Sentral ng Pilipinas’s (BSP) data shows that saving...
Ty-led Metropolitan Bank & Trust Co. (Metrobank) reported a 14 percent year-on-year increase in net income to a record ₱48.1 billion in 2024, driven by loan growth fueled by robust asset expansion and improving asset quality. In a disclosure to the Philippine Stock Exchange, the bank said...
Metropolitan Bank & Trust Company (Metrobank) has approved the sale of its asset management unit to ATR Asset Management Inc. (ATRAM) while Union Bank of the Philippines is also in talks to merge its trust business with that of ATRAM. "These are bold moves by ATRAM to quickly scale up its trust...
