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.
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...
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 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.
The Aurora Pacific Economic Zone and Freeport Authority (APECO) was honored by the Anti-Money Laundering Council (AMLC) for its contributions to the Philippines’ removal from the Financial Action Task Force (FATF) grey list.
The Bangko Sentral ng Pilipinas (BSP) held an information session for the banking industry to strengthen compliance and promote sound practices in foreign exchange (FX) transactions.
Chinabank has once again been recognized for its strong commitment to world-class corporate governance, earning the Four-Golden Arrow Award from the Institute of Corporate Directors (ICD).