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...
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...
Tropical depression Fabian is expected to exit the Philippine Area of Responsibility (PAR) Friday night, Aug. 8, as it moves west-northwestward, said the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA). As of 4 p.m. Friday, Fabian was located 245 kilometers...
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Friday, Aug. 8 said the low-pressure area (LPA) west of Ilocos Norte has intensified into a tropical depression and was given the local name “Fabian.” At 10 a.m., the center of Fabian was located 185...
The low-pressure area (LPA) that crossed Northern Luzon on Thursday, Aug. 7, is expected to exit the Philippine Area of Responsibility (PAR) within the next few hours, the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) said on Friday, Aug. 8. PAGASA weather...
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Thursday afternoon, Aug. 7 said the low-pressure area (LPA) spotted outside the Philippine area of responsibility (PAR) has intensified into a tropical depression. PAGASA weather specialist Leanne Loreto...
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Thursday, Aug. 7 said the low-pressure area (LPA) inside the Philippine Area of Responsibility (PAR) may bring widespread rains over parts of Luzon within the next 24 hours. As of 8 a.m., the LPA was...
The Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Friday, Aug. 1 said that two or three tropical cyclones may enter or form within the Philippine Area of Responsibility (PAR) this month. Based on historical patterns, tropical cyclones in August typically...
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)...
A low-pressure area (LPA) outside the Philippine Area of Responsibility (PAR) may develop into a tropical depression and briefly enter the country’s monitoring area, said the Philippine Atmospheric, Geophysical and Astronomical Services Administration (PAGASA) on Friday, Aug. 1. As of 4 a.m., the...
BancNet Inc. has reelected Nestor V. Tan as Chairman of the Board and Fabian S. Dee as President for the 2025-2026 term, signaling continuity in its leadership as the electronic banking consortium reported robust operational and financial growth in 2024. Tan, who also serves as president and CEO of...
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...
