Metrobank banks on financial strength to sustain lending

Metrobank, the oldest bank in the Philippines, is confident in its ability to maintain lending and investment activities despite economic uncertainty as it celebrates its 64th anniversary this month. The bank has reported a net income of P24.9 billion in the first half and holds a consolidated asset base of P3.9 trillion. Metrobank's strong capital and quality of assets provide a safeguard against potential risks and enable the institution to support further growth.

While the future may bring unforeseen challenges, Metrobank remains prepared by relying on its disciplined approach, bolstered by its capital, liquidity, and risk buffers. President Fabian Dee emphasized that the bank's financial strength will allow it to continue lending, investing in capabilities, and supporting customers during varying market conditions. Metrobank believes that as the people and businesses it serves grow stronger, so does the bank itself.

Metrobank, which began operations in Binondo in 1962, has been adapting to changing customer needs by expanding its digital services. Customers can now access eSavings accounts, online time deposits, unit investment trust funds, and government securities through the bank's digital platforms. The bank is also investing in technology, security, and its workforce while providing credit to businesses and assisting customers with their personal financial needs.

In addition to its lending and investment activities, Metrobank is dedicated to educating the public on financial matters. The bank's Earnest financial mindfulness advocacy and Moneygurado documentary series cover topics such as saving, investing, debt management, and financial security.