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Metrobank profit rises by 14 percent to P12 billion in Q1

Earnings of Metropolitan Bank & Trust Co. went up by 14 percent to P12.1 billion in the first quarter from P10.6 billion in the same quarter last year, largely due to the consistent growth of its lending portfolio, better operational efficiencies as well as stable asset quality......»»

Category: financeSource: philstar philstarMay 1st, 2024

Asialink loan releases jump 38% to P12.6 billion

Loans extended by Asialink Finance Corp. jumped by 38.1 percent to P12.6 billion last year from P9.12 billion in 2022, further boosting its lending portfolio......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

Filinvest Development FY23 profit: P12.1-B (up 46%)

Filinvest Development, the Gotianun Family’s mid-tier conglomerate, posted an FY23 consolidated net income of P12.1 billion, up 46% from its FY22 consolidated net income of P8.3 billion......»»

Category: financeSource:  philstarRelated NewsApr 4th, 2024

Universal Robina FY23 profit: P12.8-B (down 12%)

Universal Robina, the Gokongwei Family’s consumer foods manufacturer, posted an FY23 net income of P12.8 billion, which was down 12% from FY22’s P13.6 billion which URC said was a “high base” due to the gains recognized on the sale of land......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

UnionBank profit down 28 percent to P9.2 billion in 2023

The earnings of Union Bank of the Philippines dropped by 27.8 percent to P9.2 billion in 2023 from P12.74 billion in 2022, as the listed bank booked higher provisioning and integration costs from the takeover of the retail banking business of global banking giant Citi in the Philippines......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

DOTr needs P12.5 billion to build 200 ports

The Department of Transportation said it needs at least P12.5 billion to build 200 more ports under the Marcos administration, underscoring the need to improve connectivity in remote islands......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

P12 billion cash aid to rice farmers fully distributed by June – Department of Agriculture

The Department of Agriculture (DA) targets to complete the distribution of P12.09 billion cash assistance to nearly 2.4 million rice farmers by the end of the first half after the program was hindered by last year’s election ban......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Metrobank raises $1 billion on international debt market

Metrobank [MBT 62.00 ?1.5%] [link] revealed that it was able to sell twice the amount in medium-term notes on the international debt capital markets than it intended......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Metrobank profit rises by 14 percent to P12 billion in Q1

Earnings of Metropolitan Bank & Trust Co. went up by 14 percent to P12.1 billion in the first quarter from P10.6 billion in the same quarter last year, largely due to the consistent growth of its lending portfolio, better operational efficiencies as well as stable asset quality......»»

Category: financeSource:  philstarRelated NewsMay 1st, 2024

SBI s net profit grows 18% in fourth quarter, 20.5% for entire 2023-24

New Delhi [India], May 9 (ANI): The State Bank of India (SBI), the country's largest lender, has reported an 18 percent rise in consolidated net profit at Rs 21,384 crore for the quarter that ended in March, aided by strong credit growth. SBI reported a net profit of Rs 18,094 crore in the year-ago period. Consolidated net profit during the entire financial year 2023-24 rose by 20.55 per cent to Rs 67,085 crore as against.....»»

Category: newsSource:  manilanewsRelated NewsMay 10th, 2024

Euromoney recognizes Metrobank as Best Bank for Ultra High-Net-Worth Filipinos

Metropolitan Bank & Trust Co. (Metrobank) remains the preferred bank for affluent Filipinos as it receives the Best Bank for Ultra High-Net-Worth (UHNW) award at the Euromoney Global Private Banking Awards 2024......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Star-rank generals

Metrobank Foundation’s Outstanding Filipino Soldiers and Police Officers who were promoted as star-rank generals were presented during Metrobank Foundation’s 45th anniversary celebration......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

Metrobank looking to raise $0.5-B in USD debt offering

Metrobank announced that it has selected Bank of America Securities and UBS as joint global coordinators to run a process to sell up to $500 million in dollar-denominated senior unsecured notes, “with option to upsize”......»»

Category: financeSource:  philstarRelated NewsFeb 28th, 2024

Metrobank Makes Achieving Your Home Goals Easier With Its Free Appraisal Fee Promo!

This February, Metrobank is again making it easier for Filipinos to achieve their dream home as it brings back its free appraisal fee promo – giving clients up to PHP 5,500 in savings on their home loan. From February 1 to March 29, 2024, qualified clients who will submit a complete home loan application to […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 10th, 2024

From free InstaPay transfers to personalized banking: New Metrobank App is making online banking easier

The Metrobank App brings convenient banking at your fingertips by making transactions simple with just a few taps, ensuring that your money is safe with enhanced security, and anticipating your needs with smart features......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

Metrobank soars in 2023 with back-to-back local and international awards

Metropolitan Bank and Trust Co. (Metrobank) continued its upward momentum in 2023 as it brought home awards that demonstrated its strength and reliability for clients and cemented its leadership in the industry......»»

Category: financeSource:  philstarRelated NewsJan 15th, 2024

From free InstaPay transfers to personalized banking: New Metrobank App is making online banking easier

The Metrobank App brings convenient banking at your fingertips by making transactions simple with just a few taps, ensuring that your money is safe with enhanced security, and anticipating your needs with smart features......»»

Category: financeSource:  philstarRelated NewsJan 11th, 2024

P12.2M nga drugas nasakmit sa CCPO

P12.2M nga drugas nasakmit sa CCPO.....»»

Category: newsSource:  sunstarRelated NewsMar 28th, 2024

Cavite lotto player wins P12.9 million jackpot

A bettor in Dasmariñas, Cavite won the P12.9-million jackpot in the Regular Lotto 6/42 drawn on Tuesday night, the Philippine Charity Sweepstakes Office announced yesterday......»»

Category: newsSource:  philstarRelated NewsMar 21st, 2024

RLC s net income hits all-time high to P12.06B in 2023

RLC s net income hits all-time high to P12.06B in 2023.....»»

Category: newsSource:  sunstarRelated NewsMar 11th, 2024

P12.9-M worth marijuana plants uprooted in Sulu

Anti-narcotics agents uprooted P12.9 million worth of marijuana shrubs neatly planted in rows in an upland farm in Barangay Masjid Punjungan in Kalingalan Caluang town in Sulu on Sunday......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024