THE Metropolitan Bank & Trust Company (Metrobank) reported a consolidated net income of P18.1 billion in 2016. Net income in the fourth quarter alone was at P5.5 billion, three percent higher than the comparative period in the previous year. In 2016, Metrobank achieved all-time high levels in its 54-year history. Total resources peaked at P1.9 trillion, total deposits reached P1.4 trillion, and total loans hit P1.1 trillion. Metrobank’s 2016 performance was driven by sustained low cost funds generation, which in turn supported the rapid expansion of commercial loans. PR
February 24, 2017
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