Metropolitan Bank & Trust Company (MBT)

A. Company Description

On April 6, 1962, Metropolitan Bank & Trust Company (MBT) was established by a

group of Filipino businessmen mainly to provide financial services to the Filipino-Chinese

community. Metrobank is a provider of financial solutions, providing a wide range of financial

products and services to meet the diverse needs of different segments of clients. MBT opened its

first office on September 5, 1962 in Binondo, Manila. On 21st of August 1981, Bangko Sentral

ng Pilipinas granted MBT a universal banking license. [ CITATION Met14 \l 1033 ]

B. Type of Business

Metropolitan Bank & Trust Co. has become the premier universal bank, and one of the

Philippines' leading financial institutions that offers banking and collateral services. [ CITATION

Met16 \l 1033 ]. MBT is a publicly-listed company with the ticker symbol MBT on the Philippine

Stock Exchange. The company was listed on the stock exchange since 1981.

C. Ownership

As of the end of 2018, 48.9% of the company is publicly owned, where 36.4% belong to

GT Capital Holdings, Inc., and 14.7% to the Ty Family and Metrobank Foundation, Inc.

[ CITATION Met19 \l 1033 ]

D. Products and Services

E. Customers

Metrobank offers a full range of services to large local and multinational corporations,

middle-market and small and medium-sized businesses, high net-worth individuals and retail

segment. [ CITATION Met16 \l 1033 ]

F. CEO and Other Members of the Board of Directors

The President and CEO of the Metrobank, Mr. Fabian S. Dee, exercises direct and active

control of the Bank's activities and operations in compliance with the orders, resolutions and

instructions of the Board of Directors and in accordance with its own discretion where such

orders, resolutions and instructions are not expressly limited. Metrobank is headed by a

competent board which has joint leadership and control responsibilities for the Bank's affairs

ensuring its long-term sustainability and success. The Bank’s Board is composed of twelve

directors, ten of whom are non-executive directors of which five are independent directors.

[ CITATION Met19 \l 1033 ]

Chairman: Arthur Ty

Vice Chairman: Francisco C. Sebastian

President/Director: Fabian S. Dee

Director: Alfred V. Ty

Director: Edmund A. Go

Director: Vicente R. Cuna, Jr

Director: Solomon S. Cua

Independent Director: Jesli A. Lapus

Independent Director: Rex C. Drilon II

Independent Director: Robin A. King

Independent Director: Francisco F. Del Rosario, Jr.

Independent Director: Edgar O. Chua

References:

Metrobank. (2014, March 24). Metropolitan Bank & Trust Company. Retrieved from PSE Edge:
https://edge.pse.com.ph/companyInformation/form.do?cmpy_id=128
Metrobank. (2016, March 16). Metrobank - about us. Retrieved from Metrobank:
https://metrobank.com.ph/about-us
Metrobank 2018 Annual Report. (2019, November 18). Retrieved from Scribd:
https://www.scribd.com/document/435496063/2018-Annual