Notes
1. Related companies: GTCAP, MBT, PSB, FMETF
2. Arthur Ty(son), Alfred Ty(son, director), Zandra M.
Ty(First VP, Daughter-in-law) of Arthur Ty.
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Overview
The
Bank opened its first office in Binondo, Manila on September 5, 1962 to serve
Filipino-
Chinese community. In 1975, the Bank rolled out its first international
branch in Taipei, followed by offices in New York, Guam, Hong Kong, and Tokyo
towards the early 1980s. On August 21, 1981, it is granted a universal
banking license by the Bangko Sentral ng Pilipinas (BSP). Metrobank offers a
complete range of commercial and investment banking services. The Bank
provides investment banking services through First Metro Investment
Corporation (FMIC) and retail banking through the Bank and its subsidiaries
Philippine Savings Bank (PSBank) and Metrobank Card Corporation (MCC). It has
704 branches and several overseas remittance centers as of 2016.
Revenue contribution in 2016
Consumer
|
Corporate
|
Investment
|
Treasury
|
Branch banking
|
Others
|
19,426
|
14,342
|
643
|
15,039
|
20,381
|
8,340
|
24.85%
|
18.35%
|
0.82%
|
19.24%
|
26.07%
|
10.67%
|
The
net interest income derived from lending, investment and borrowing activities
represents 67.51% in 2016. Other
operating income (consisting of service charges, fees and commissions; net
trading and securities gains; net foreign exchange gain; etc) ) and share in
net income of associates and a joint venture account for 32.49%,
Subsidiaries /
Associates / Affiliates / Joint Ventures
First Metro
Investment Corporation (FMIC)
FMIC
is the investment banking arm of the Metrobank Group. After it merged
Solidbank Corporation, it changed its name to First Metro Investment
Corporation. The Company is a 99.24% owned subsidiary of Metrobank. It has
several subsidiaries and associates such as First Metro Save and Learn
Equity Fund, Inc. (SALEF), First Metro Securities Brokerage Corporation
(FMSBC), Lepanto Consolidated Mining Company (LCMC, 14.33%), First Metro
Philippine Equity Exchange Traded Fund, Inc. (FMETF), etc. FMETF, 46.16% owned by FMIC, is now traded
in PSE.
Philippine Savings
Bank (PSB)
PSBank
was incorporated on June 30, 1959 to primarily engage in savings and mortgage
banking. PSBank is a 82.68% owned subsidiary of Metrobank.
Metrobank Card
Corporation (MCC, 80%)
Metrobank
Card Corporation (MCC) was established in August 1985, known then as Unibancard
Corporation. Its maiden product, Unicard, was locally accepted card but
became an internationally recognized credit card when it rode on the
MasterCard scheme in 1994 and the Visa scheme in 1998.
MBT
has several associates such as SMBC
Metro Investment Corp., Northpine Land, Inc., Taal Land, Inc.
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