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Tuesday, 19 August 2025, 2:28 pm

    Tag: Metrobank

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    GT Capital banking, auto units boost Q1 profit

    Corporate Context.ph Context.ph -
    GT Capital Holdings, Inc., the Ty Group’s listed investment holding company, reported a consolidated net income of Ph9.14 billion for the first quarter, a 29 percent increase from the same period last year. The growth was largely driven by the strong performances of its core banking and automotive businesses.

    Metrobank bags Virata Award for 10th straight year

    Corporate Bulletins Context.ph Context.ph -
    Metropolitan Bank & Trust Co. (Metrobank) secured top distinctions at this year's Philippine Dealing System (PDS) Annual Awards, including the prestigious Cesar E.A. Virata...

    Strong loan growth drives Metrobank 1Q net profit to P12.3B

    Corporate Context.ph Context.ph -
    Metropolitan Bank & Trust Co., the country’s fourth largest lender by assets, reported a net income of P12.3 billion for the first quarter, driven by strong loan growth, a robust performance in fee and trading income, and moderating cost increases. 

    GT Capital sees strong growth, record earnings

    Context Dispatch Context.ph Context.ph -
    GT Capital Holdings Inc. reported a consolidated net income of P28.8 billion for the full year 2024, slightly lower than P29.3 billion in the previous year.  However, excluding non-recurring gains from lot sales and incentives under the Comprehensive Automotive Resurgence Strategy (CARS) program, GT Capital's core net income grew by 11 percent, driven by the record-breaking earnings of its key operating subsidiaries.

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    PH delisted from EU high-risk list

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    The Bangko Sentral ng Pilipinas (BSP) on Tuesday vowed to sustain financial reforms and global standards compliance programs down the line following the country's removal from the European Union’s list of high-risk third countries on June 10, 2025 — the third such delisting this year.

    Meralco Strengthens Nuclear Push with Strategic Korean Partnerships

    Energy 0
    The Manila Electric Company (Meralco), led by business tycoon Manuel V. Pangilinan, has reaffirmed its corporate commitment to advancing nuclear energy in the Philippines through its Nuclear Energy Strategic Transition (NEST) program.

    Security Bank Opens New Branch in Cadiz, Expands Presence in Western Visayas

    Corporate Bulletins 0
    Security Bank has officially opened its newest branch in Cadiz City, marking its 357th branch nationwide and strengthening its footprint in Western Visayas.

    EEI backlog soars 40%, signals recovery

    Corporate 0
    Leading construction firm EEI Corp. is regaining growth momentum with a robust P36.85-billion backlog as of July, a 40 percent increase from P26.39 billion in the same period last year.

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    Puregold expands nationwide footprint with eight new stores

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    Retailer Puregold Price Club Inc. is ramping up its nationwide expansion with plans to open eight more stores across Luzon, Visayas, and Mindanao before the end of the year.
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    PH delisted from EU high-risk list

    0
    The Bangko Sentral ng Pilipinas (BSP) on Tuesday vowed to sustain financial reforms and global standards compliance programs down the line following the country's removal from the European Union’s list of high-risk third countries on June 10, 2025 — the third such delisting this year.
    Energy

    Meralco Strengthens Nuclear Push with Strategic Korean Partnerships

    0
    The Manila Electric Company (Meralco), led by business tycoon Manuel V. Pangilinan, has reaffirmed its corporate commitment to advancing nuclear energy in the Philippines through its Nuclear Energy Strategic Transition (NEST) program.
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