Ty-led Metropolitan Bank & Trust Co. (Metrobank), the country’s second-largest bank, registered a 12.4 percent improvement in net income to a record P35.7 billion in the first nine months of 2024 compared to the same period a year ago. In a disclosure to the Philippine Stock Exchange, the...
Zobel-led Ayala Corporatiion, the country’s oldest conglomerate, has secured a senior long-term loan facility amounting to $200 million from Metropolitan Bank & Trust Company (Metrobank). The loan facility will support Ayala's strategic financing initiatives for its ongoing commitments and...
The Ty family’s Metropolitan Bank & Trust Co. (Metrobank) reported a 13 percent growth in net income to a record P23.6 billion in the first semester of 2024 from the P20.9 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the Banks said profit...
The total assets of the domestic banking system went up by 12.43 percent to P25.622 trillion as of end-May from P22.788 trillion same period in 2023, based on Bangko Sentral ng Pilipinas' (BSP) latest data. Banking assets are boosted by deposits, loans and investments. Total assets refer to...
West Zone concessionaire Maynilad Water Services, Inc. (Maynilad) has secured a loan from Metropolitan Bank & Trust Co. (Metrobank) to support its capital needs for the year. In a statement on Thursday, May 23, Maynilad said the P10 billion from Metrobank will help fund projects aimed at...
Metropolitan Bank & Trust Co. (Metrobank) reported a 14.5 percent growth in net earnings to P12.0 billion in the first quarter 2024 for a return on equity (ROE) of 13.7 percent. In a disclosure to the Philippine Stock Exchange, the bank said this was driven by consistent growth of its...
Metropolitan Bank & Trust Co. (Metrobank), the Ty family’s banking arm, has successfully raised $1 billion from its offering of a dual tranche, five-year and 10-year US dollar-denominated notes. In a disclosure to the Philippine Stock Exchange (PSE), the bank boasted that “this issuance...
Metropolitan Bank & Trust Company (Metrobank) is planning to raise $500 million from the issuance of "Reg S" US dollar-denominated Senior Unsecured Notes. In a disclosure to the Philippine Stock Exchange (PSE), the bank said it has been rated "Baa2" with a "stable" outlook by Moody’s...
Metropolitan Bank & Trust Co. (Metrobank), the banking arm of the Ty Group, reported a 28.9 percent growth in net income to a record P42.2 billion as total consolidated assets expanded by 9.2 percent to P3.1 trillion in 2023. “Our solid performance in 2023 was strongly driven by our asset...
Metropolitan Bank & Trust Co. (Metrobank) has been recognized by the Bureau of the Treasury (BTr) as among the 10 Top Market Maker for Government Securities Eligible Dealers (GSED) for 2024. In a statement, the bank said it brings home the title for the third consecutive year in...
GT Capital Holdings Inc., the Ty family conglomerate, reported that its consolidated net income rose 54 percent to P23.09 billion in the first nine months of 2023 from the P14.95 billion earned in the same period last year, boosted by its banking and automotive businesses. In a disclosure to the...
Globe Telecom, the communications unit of Ayala Corporation, has raised P15 billion from term loan facilities with Metropolitan Bank & Trust Company (Metrobank). In a disclosure to the Philippine Stock Exchange (PSE), the firm said the loans will be used to finance its capital expenditures...
