President Ferdinand 'Bongbong' Marcos Jr. and Vice President Sara Duterte during the presentation of this year's Basic Education Report on Jan. 25, 2024. (Inday Sara Duterte / Facebook) All top government officials’ performance and trust ratings fell significantly in the first quarter of...
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...
President Ferdinand ‘Bongbong’ Marcos Jr. and Vice President Sara Duterte (Manila Bulletin file photo) President Ferdinand Marcos Jr. and Vice President Sara Duterte saw increases in their trust and performance ratings towards the end of 2023, based on an independent survey conducted by the...
The property market proved its resilience as capital values across Metro Manila’s commercial districts sustained their levels throughout 2023 despite local and global headwinds. In a media presentation, Leechiu Property Consultants Inc. Senior Manager for Investment Sales Erika Manasan said some...
The Technical Education and Skills Development Authority (TESDA) has maintained its position as the “most approved and trusted” government agency in the “Pahayag” year-end survey conducted by Publicus Asia. It received a 77 percent approval rating and a 61 percent trust rating in the...
President Ferdinand 'Bongbong' Marcos Jr. and Vice President Sara Duterte (Malacañang, OVP photos) President Marcos’ approval rating “recovered slightly,” while Vice President Sara Duterte’s score continued to fall in the year-end survey conducted by Publicus Asia. The survey, which was...
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...
The Department of Finance (DOF) has highlighted the significant contribution of real estate investment trusts (REITs) to the country's economic recovery and infrastructure modernization. Finance Secretary Benjamin E. Diokno said that REIT investments are playing a vital role in fueling property...