US EditionMetrobank to expand consumer lending - BusinessWorld Online
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Metrobank, Toyota lift GT Capital earnings
MANILA, Philippines — Conglomerate GT Capital Holdings Inc. grew its bottom line in the first three months of the year by a third. This reached a record P9.14 billion. In a stock exchange filing on Friday, the Ty family-led holding firm said this was on the back of gains from Metropolitan Bank and Trust Co.
Metrobank to expand consumer lending - BusinessWorld Online
METROPOLITAN Bank & Trust Co. (Metrobank) is looking to increase the share of consumer loans in its total loan portfolio to help offset narrowing margins amid the Philippine central bank’s ongoing easing cycle. Metrobank Head of Investor Relations Minda Claver A. Olonan said in an online briefing on Thursday that the listed lender is focused on growing its retail loan portfolio. “Increasing the consumer [segment’s] share would help us improve th…
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