Metropolitan Bank - updates

Rappler's latest stories on Metropolitan Bank

ARTICLE FINDER

Metrobank net income up 5.3% in Q1 2018

Apr 29, 2018 - 9:20 PM

The Ty-led bank reports a net income of P5.9 billion in the 1st quarter of 2018 compared to the P5.6 billion it earned in the same period last year

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BSP slaps sanctions on Metrobank for P1.75-B internal fraud case

Nov 28, 2017 - 12:43 PM

The sanctions range from reprimanding and suspending bank officials guilty of lack of oversight, to requiring Metrobank to set aside P4.45 billion to cover for higher operational risk and being subjected to periodic review

Metrobank net income up 5% despite P900-million fraud

Nov 06, 2017 - 7:40 PM

The bank posts a net income of P3.69 billion in the 3rd quarter of 2017, pushing its year-to-date net income 5% higher to P13.2 billion

PSBank to deactivate all non-EMV cards by September 1

Aug 25, 2017 - 3:53 PM

PSBank debit and prepaid card account holders can visit any branch to get their card They need to bring their old card and one government issued valid ID

EMV CARDS. 'All non-EMV PSBank cards can no longer be used beginning September 1, 2017,' PSBank announces. File photo

'Conspirators' in Metrobank internal fraud claim innocence

Aug 03, 2017 - 2:25 PM

Hubert Co and Sue Sai claim they were duped by the key suspect Metrobank executive Maria Victoria Lopez

CONSPIRATORS? Hubert Co and Sue Sai say they are victims of fraud as well. Image from http://www.vistamalls.com.ph/

Senate to discuss fraud case with Metrobank, AMLC, BSP

Jul 25, 2017 - 5:45 PM

Senator Francis Escudero says his committee will review if there is a need to launch a Senate probe into the P900 million internal fraud at Metrobank

CALLED TO EXPLAIN. Metrobank, BSP, and AMLC will need to update the Senate on their probe into the P900-million internal fraud at Metrobank. In the photo is George Ty, the owner of Metrobank. Photo by Alecs Ongcal/Rappler

Metrobank loses over P14B in market value amid fraud issue

Jul 23, 2017 - 11:15 PM

The stock of Metrobank was the biggest underperformer in the local bourse

REINFORCES COMMITMENT. George Ty (left) of Metrobank assures no customer has been affected in this incident. Photo by Alecs Ongcal/Rappler Photo by Alecs Ongcal/Rappler

NBI nabs suspect in Metrobank P900-M fraud case

Jul 21, 2017 - 3:42 PM

UPDATED The National Bureau of Investigation says the suspect bank officer Maria Victoria Lopez has refused to cooperate in the investigation

BANK FRAUD. Bank officer Maria Victoria Lopez uses a scarf to hide her face at an NBI news briefing on the Metrobank internal fraud case on July 21 2017. Photo by Inoue Jaena/Rappler

8 Philippine companies among world's largest listed firms

May 25, 2017 - 8:00 PM

SMIC BDO JG Summit Ayala Top Frontier Metrobank Aboitiz and Meralco – with a combined market value of 72 4 billion – make it to Forbes 2017 Global 2000 list

LISTED. 8 Philippine companies were included in the Forbes' list of 2000 largest public companies in 2017.

Over P1B bank loans for the Iglesia ni Cristo’s Philippine Arena?

Jul 27, 2016 - 12:59 PM

The late INC executive minister Eraño Manalo once said Ang Iglesia ni Cristo ay walang utang kahit na saang bangko Ang Iglesia ni Cristo ay hindi nagsasanla ng mga titulo ng lupa para lamang makakuha ng pondo

MILLIONS IN LOANS? Documents showed that key INC officials were signatories in loan agreements to fund the Ciudad de Victoria project, which includes the Philippine arena.

Metrobank to offer up to P20B in long-term negotiable time deposits

Jun 23, 2016 - 8:50 PM

The issuance is aimed at taking advantage of the strong liquidity in the system as well as low interest rates says Metrobank s vice president

7 banks extend operating hours to help decongest ports

Apr 04, 2016 - 5:30 PM

These banks are Deutsche Bank Security Bank Asia United Bank Metrobank RCBC BDO and EastWest

EXTENDED HOURS. The Bureau of Customs says it is already seeing faster movement within ports in terms of released shipments over the weekends

Metrobank extends P7B worth of loans to Globe

Nov 23, 2015 - 4:21 PM

The loans will be used to finance Globe s capital expenditures aimed at further expanding enhancing its network

LOAN. Metrobank inks a 10-year loan facility worth P5 billion ($105.95 million) and another $45 million (P2.12 billion), 7-year facility with Globe, the bank says on Monday, November 23, 2015. Image from Shutterstock

8 PH firms in Forbes 'world’s biggest public companies' list

May 07, 2015 - 6:13 PM

The PH firms make it to the list of 2000 largest public companies as measured by revenues profits assets and market value

Fitch affirms BPI’s investment grade

May 04, 2015 - 8:30 PM

BPI along with BDO and Metrobank are seen to maintain relatively high core capitalization in the medium term

Metrobank completes P32 B stock offering

Apr 05, 2015 - 10:56 PM

A growing middle class and low credit penetration create growth prospects for the banking sector says Metrobank

Sandigan to banks: Testify on Luy's 19 accounts

Jul 23, 2014 - 1:34 PM

Luy is expected to take the witness stand on Thursday July 24 to testify on the diversion of Revilla s pork barrel to dubious NGOs

'PRODUCE DATABASE.' The Senate orders De Lima and NBI to submit the digital files of principal whistleblower Benhur Luy. File photo by Joseph Vidal/Senate PRIB

Metrobank H1 earnings soar 145% to P18-B

Aug 01, 2013 - 8:15 PM

First half earnings of George Ty led Metrobank more than doubled

Metrobank 2012 net income jumps 40%

Mar 07, 2013 - 11:45 AM

The bank attributes the healthy financial performance to a 33 jump in non interest income and favorable deposit mix

The BSP announced that business confidence remained positive for the current quarter.