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In September 1982, the number of Metrobank branches, offices and subsidiaries surpassed 200. A year later, Metrobank topped all private domestic banks in total resources, with ₱8.8 billion. The bank had steady growth through the years. In September 1989, it increased its authorized capital stock from ₱2 billion to ₱5 billion. The bank's ...
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Rank Bank name Assets (millions of PHP) Asset change Rank change 1 BDO, Inc. 4,508,065.88: 2 Land Bank of the Philippines (LBP) 3,325,085.09: 3 Metropolitan Bank and Trust Company (Metrobank)
Metro Bank acquired SME Finance in August 2013, and rebranded the business as Metro Bank SME Finance in May 2014. [22] It was announced in August 2020 that Metro Bank had agreed to acquire Retail Money Market Ltd, a London-based provider of peer-to-peer loans trading as RateSetter. The price would be between £2.5 million and £12 million ...
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Metro Bank was founded in 1987 in SW Chinatown. [12] In September 2009, MetroBank had 10 Greater Houston branches and 3 Dallas-Fort Worth branches, with assets of $1.2 billion. Metro United had assets of $426.8 million. During that year, the Office of the Comptroller of the Currency asked MetroBank to revise its balance sheet. MetroBank signed ...