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Metrobank, GT Capital Group provide vaccines to employees – Manila Bulletin

Metrobank lists P19-B bonds

Metropolitan Bank & Trust Company (Metrobank) has successfully listed P19.0 billion worth of its Peso-denominated fixed-rate bonds on the Philippine Dealing Exchange (PDEx). In a disclosure to the Philippine Stock Exchange, the bank said this is the seventh and last issuance out of its P100.0 b

Metrobank jumpstarts 2021 with 27 1% profit surge

Published May 3, 2021, 11:05 AM Metropolitan Bank & Trust Company’s (Metrobank) net income leaped 27.1 percent  YoY to P7.8 billion in the first quarter of 2021.  The robust net income growth was due to stable asset quality, strong non-interest income performance, and marginal rise in operating expenses.  “Our strategy and prudent approach last year paved the way for a strong start in 2021,” said Metrobank President Fabian S. Dee. “Our capital position is double the regulatory minimum, with capital adequacy ratio (CAR) of 19.9 percent  and Common Equity Tier 1 (CET1) of 19.0 percent. Our reserves also cover 166 percent of our non-performing loans (NPL). This ensures that Metrobank will sustain its business resilience, and we remain confident that the Bank is ready to take on opportunities as the economy recovers. We are in a strong position to withstand a resurgence in asset quality risks and we remain vigilant even as we all continue to battle the pandemic.” Mr. Dee

Metrobank ends 2020 with a strong capital position; posts net income at P13 8 billion

Metrobank ends 2020 with a strong capital position; posts net income at P13 8 billion
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