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SSS taps Metrobank to manage P1.5 billion fund

Social Security System (SSS), the state-pension fund, has selected Metrobank Trust, the trust banking arm of the Ty-led Metropolitan Bank & Trust Co. (Metrobank) to manage a P1.5 billion balanced fund......»»

Category: financeSource: philstar philstarApr 13th, 2024

SSS Surpass 2023 Revenue Target by 9.5%

The Social Security System (SSS) said it surpassed its revenue target for 2023, the highest revenue ever recorded according to SSS Chief Executive Officer Rolando Ledesma Macasaet. In a press release, SSS said they had initially set the revenue target for last year at Php330 billion but have achieved 9.5% more or Php362.20 billion. “Our […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 21st, 2024

Retirement Benefit Remains the Most Availed SSS benefit reaching P156.7 B in 2023

The Social Security System (SSS) said it released P156.7 billion in retirement benefits to 2.2 million members in 2023 making it the most availed SSS benefit last year. SSS Vice President for Benefits Administration Division Joy A. Villacorta said that of the 4.7 million benefits disbursed to pensioners, members, and their beneficiaries in 2023, nearly […].....»»

Category: newsSource:  metrocebuRelated NewsMar 16th, 2024

SSS net income soars to all-time high of P83B in 2023

MANILA,  Philippines  —The Social Security System (SSS) posted a net income of P83.13 billion in 2023, exceeding by 62.8 percent its target  of P51.06 billion for the year and the highest attained so far by the state pension fund. Based on its unaudited financial statement, the SSS said the 2023 bottom line market a big jump.....»»

Category: newsSource:  inquirerRelated NewsFeb 25th, 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

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

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

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

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

FACT CHECK | VP Sara Duterte did not return her 2022 confidential fund

Vice President Sara Duterte has not returned her confidential fund to government treasury, contrary to a video posted on YouTube. Reports that Duterte spent in just 11 days in December 2022 a confidential fund amounting to P125 million from the contingency fund of the Office of the President drew widespread criticisms and demands for an […].....»»

Category: newsSource:  mindanewsRelated NewsJan 23rd, 2024

SSS softens approach vs. delinquents

SSS softens approach vs. delinquents.....»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

Village officials to be enrolled with SSS

Village officials to be enrolled with SSS.....»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

SSS pushed P300 million into REITs in Q4

Government-run pension funds like SSS and GSIS have significant PSE portfolios, and it is possible to track changes in these portfolios over time using the Top 100 Shareholder disclosures released quarterly by each company......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

SSS targets 20% profit hike to P100 billion

State-run pension fund Social Security System is expecting at least a 20-percent hike in its bottomline to breach the P100-billion mark this year on increased investment returns and enhanced collection efforts......»»

Category: financeSource:  philstarRelated NewsApr 5th, 2024

SSS releases P257 billion in benefit payments

State-run pension fund Social Security System released P257.4 billion in benefit payments to 4.7 million members last year......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

SSS revenue soars to P362 billion in 2023

The mandatory contribution hike and the increase in new members boosted the revenues of state-run pension fund Social Security System to P362 billion last year......»»

Category: financeSource:  philstarRelated NewsFeb 14th, 2024

SSS savings scheme hits P80 billion

The savings scheme of state-run pension fund Social Security System has collected P80 billion from six million members who are looking for additional investment channels......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

DSWD taps Lapu-Lapu for Solo Parents Program

DSWD taps Lapu-Lapu for Solo Parents Program.....»»

Category: newsSource:  sunstarRelated NewsFeb 21st, 2024