Metrobank UITFs named among the country’s top managed funds at the 2025 CFA Society Philippines Awards

METROBANK'S TRUST Banking Group has once again been recognized for its excellence in fund management of peso- and dollar-denominated unit investment trust funds at the recently held CFA Society Philippines’ 10th Annual Best Managed Funds of the Year Awards for 2025.

Metrobank posts record earnings of PHP 48.1B in 2024

Strong asset expansion drives income growth

METROPOLITAN BANK & Trust Co.’s (Metrobank) net income rose by 14.0% year-on-year to a record PHP48.1 billion in 2024, supported by robust asset expansion and improving asset quality.

This translated to a 13.0% return on equity, higher than the 12.5% recorded in the same period last year.

Asian Banker hails Metrobank as the Philippines' Strongest Bank for the fourth straight year

METROPOLITAN BANK & Trust Co. (Metrobank) continues to post a strong momentum, bringing home the Strongest Bank in the Philippines title for the fourth straight year at the recently held The Asian Banker Global 2024 Finance Awards.

Metrobank brings home Gold Stevies for its ‘Grow with Metrobank’ campaign

METROPOLITAN BANK & Trust Co. (Metrobank) was recognized with a Gold Stevies at the recently held 2024 International Business Awards for its ‘Grow With Metrobank’ campaign, which tell the stories of growth from customers' and Metrobankers' perspective.

Ayala Corporation signs $200 million credit facility with Metrobank

AYALA CORPORATION (Ayala) has secured a senior long-term loan facility amounting to $200 million from Metropolitan Bank & Trust Co. (Metrobank), marking another milestone in a relationship that has spanned more than three decades.

Metrobank brings home two big awards from the 2024 Citywire Asia ASEAN Awards

CITYWIRE Asia recognizes Metrobank as the Best Asset Manager for the Philippines and names Metrobank Investment Management Head Cristina Gabaldon as one of the 2024 Top 25 ASEAN Selectors at the Citywire Asia ASEAN Awards.

First Metro names Anthony Ocampo as new President

FMIC President Anthony Ocampo

MANILA - First Metro Investment Corporation (FIRST METRO) has named Antonio R. Ocampo, Jr. as its new president and director starting July 1, 2024. 

He succeeds Mr. Jose Patricio A. Dumlao who retired from the company on June 30, 2024 after serving for four years.

Metrobank recognized for its excellence in Trade Finance by Asiamoney

MANILA - Metropolitan Bank & Trust Co. (Metrobank) is the top choice for Trade Finance in the Philippines, according to a survey by financial publication Asiamoney where the bank earned the Best Service Award.

Metrobank brings home six big awards from the 2023 PDS Awards

'The Bank received the Cesar E.A. Virata Award for its exceptional performance in fixed- income securities.'

MANILA - Metropolitan Bank & Trust Co. (Metrobank) took home six accolades, including the prestigious Cesar E.A. Virata Award (Bank Category), at the recently held 2023 Philippine Dealing System (PDS) Awards Night. 

Save on service fees when you pay over 700 billers via Metrobank Online

MANILA - Paying bills is easy and convenient with Metrobank, the country’s second largest private universal bank with an extensive consolidated network that spans over 2,300 ATMs nationwide, over 940 domestic branches, and above 30 foreign branches, subsidiaries, and representative offices.

Metrobank named PH’s Best Bank for ultra-high-net-worth clients

 'Gets back-to-back title as the "Best Domestic Private Bank" in the country from Asiamoney'

METROPOLITAN BANK & Trust Company's (Metrobank) Private Wealth business bags two accolades at the 2023 Asiamoney Private Bank Awards, further strengthening its position as the preferred partner of Ultra-High Net Worth segment.      

Metrobank’s net income rises 48% to P32.8 billion in 2022

'High dividend payout sustained on strong capital position'

THE Metropolitan Bank & Trust Co. (Metrobank) continued to deliver strong results as it ends 2022 with a 48% year-on-year increase in net income to P32.8 billion on the back of better corporate and consumer lending businesses, healthy fee income, subdued operating expense growth and lower provisions on stable asset quality.

Metrobank extends loans to Aboitiz Equity Ventures subsidiaries

MANILA - Metropolitan Bank & Trust Co. (Metrobank) recently extended a total of P20.5 billion in loans to two strategic business units of Aboitiz Equity Ventures (AEV).

Metrobank posts 33% growth in 1H22 net income

 'Records a 95% y-o-y increase in 2Q22 profit'

MANILA - Metropolitan Bank & Trust Company (Metrobank) recorded a 33% increase in net profit to P15.6 billion in the first half of 2022, as earnings surged by 95% to P7.6 billion in the second quarter. Performance was better across the board— faster loan expansion, improving interest margin, robust fee income growth, stable operating costs, and lower provisions amid healthier asset quality.

“The continued improvement in the Bank’s performance cements our strategy as we enable various customers and businesses as economic activities accelerate. This also validates the recent recognitions we received from prestigious publications, naming us the country’s best bank,” said Metrobank President Fabian S. Dee.

“Our focus on serving our client needs while actively managing risks and promoting efficiencies has driven our solid operating results, and will continue to do so in the medium term as the economy expands,” he added.

Gross loans rose by 9% year-on-year to P1.3 trillion, led by a 12% growth in corporate and commercial lending and 16% increase in gross credit card receivables. Asset quality improved with NPLs declining by 7%. The ratio of NPLs to total loans stood at 1.9% in the first half, down from the 2.3% a year ago and significantly below the industry’s 3.9% NPL ratio in May. This enabled the Bank to further trim down provisions by 46% in the first half.  Metrobank’s NPL cover stood strong at 196%, a hefty buffer to protect the bank against market risks. 

Meanwhile, total deposits grew 13% to P2.1 trillion. CASA deposits climbed by 10% to P1.5 trillion from a year ago, which resulted in lower funding costs. As net interest margin recovered to 3.4%, net interest income increased by 6% to P39.8 billion.

Non-interest income went up by 8% in the first half driven by an 18% jump in fees and other non-interest earnings. Despite volatile markets, the Bank managed to post P3.4 billion profit from trading income from strong customer driven flows. 

Amid a rise in the Bank’s transaction volumes, operating expenses remained in control and stayed flat at P29.4 billion, backed by on-going efforts to improve operational efficiency, resulting in 53.8% cost-to-income ratio, an improvement from the 57.2% posted in the same period last year.

The recovery in the Bank’s revenues alongside stable costs led to a 16% rise in pre-provisioning profit to P25.6 billion.

Metrobank is the country’s second largest private universal bank with consolidated assets of P2.7 trillion and total equity of P303.4 billion. The Bank’s balance sheet remains strong with capital adequacy ratio (CAR) standing at 17.6% and common equity Tier 1 (CET 1) at 16.8%, both well-above the central bank’s minimum requirement.

As a testament to Metrobank’s financial strength and position in the market, leading London-based financial publication Euromoney recognized Metrobank as the ‘Best Bank in the Philippines’ at the recently held Euromoney Awards for Excellence 2022. The Bank was also recognized by award-giving bodies such as Asiamoney, 

The Asian Banker, and LinkedIn for being the Best Domestic Bank, the Strongest Bank, and the Top Banking Employer in the Philippines, respectively. (Richard Ebona)

Instantly send cash to a Metrobank account through PERA HUB branches

MANILA - Metropolitan Bank & Trust Co. (Metrobank) has expanded its partnership with remittance company PERA HUB, allowing individuals to conveniently send money to Metrobank account holders nationwide.

Sulu puts up ATM, CDM building

SULU - The Sulu provincial government has constructed a building that would house an Automated Teller and Cash Deposit Machines (ATM and CDM) at the Capitol compound in Patikul town in an effort to provide efficient access to electronic banking services.

Shortage of ATMs, poor cell phone reception in Sulu decried

SULU – Six years after leading banking institutions operating in Sulu pledged to install more automated teller machines (ATM) in the capital town of Jolo to better serve their depositors, the problems remain the same – the long queues at ATM terminals especially during paydays is a headache to many customers.

Philippine banks must divest from coal

CAGAYAN DE ORO – A Catholic Church leader has appealed to Filipino financial institutions to stop funding the expansion of coal operations in the country and support the development of renewable energy instead.