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8 Philippine banks make it to global rankings list

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FILE PHOTO

The SM group’s banking arm BDO Unibank Inc. has kept its bragging rights as the Philippines’ top bank in the Top 1,000 Global Banks Ranking 2014 report of British publication The Banker.

Posted: September 12th, 2014 in Headlines,Latest Business Stories | Read More »

GT Capital buys 40% of Toyota Financial

Conglomerate GT Capital Holdings Inc. of the Ty group is buying a 40-percent stake in Toyota Financial Services Philippines Corp. (TFSPC) from the group’s banking arms Metropolitan Bank and Trust Co. and Philippine Savings Bank for P2.1 billion.

Posted: September 2nd, 2014 in Headlines | Read More »

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 »

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