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Metrobank H1 earnings drop sans one-time gains

Taipan George Ty-led Metropolitan Bank and Trust Co. posted a first-semester net income of P9.1 billion, half the level chalked up in the same period last year when the bank got a big earnings boost from extraordinary treasury earnings and one-time gains from divestment of shares in car and power generation businesses.

Posted: August 12th, 2014 in Headlines | Read More »

Metrobank nets P9.1 B in first half of 2014

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FILE PHOTO

Metropolitan Bank and Trust Co. posted a first-semester net income of P9.1 billion, half the level chalked up in the same period last year when earnings were bloated by extraordinary treasury gains and one-time gains from divestment of shares in car and power generation businesses.

Posted: August 11th, 2014 in Latest Business Stories | Read More »

Experience best teacher, says GT Capital’s Ty

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THE INDUSTRIALIST (left) receives an honorary degree from UST.

For business tycoon George S.K. Ty, experience is the best teacher in a tough school called life.

Posted: August 10th, 2014 in Editor's Pick,Featured Gallery,Headlines,Photos & Videos | Read More »

Metrobank to raise P20B in deposit notes

Local banking giant Metropolitan Bank and Trust Co. plans to raise as much as P20 billion from an offering of high-yielding deposits, seeking to harness funds from the cash-awash financial system.

Posted: July 25th, 2014 in Headlines | Read More »

Metrobank completes P6.5B IOU issuance

Local banking giant Metropolitan Bank & Trust Co. has completed the issuance of debt notes qualifying as tier 2, or supplementary, capital worth P6.5 billion.

Posted: July 24th, 2014 in Headlines | Read More »

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