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+ Follow METRO COMMON WEALTH FUND Tag
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 239335 [Title] => Metrobanks CTF breaks P100-B ceiling [Summary] => The Metropolitan Bank and Trust Co. (Metrobank) has reached another milestone when its common trust fund (CTF) surpassed the P100-billion marking its assets under management (AUM) last year.
In fact, Metro-banks total AUM amounted to P107-billion, or a more than 50-percent increase from the P71-billion recorded in 2002.
That has allowed the countrys largest commercial bank to corner a 16-percent market share in the CTF banking business.
[DatePublished] => 2004-02-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [1] => Array ( [ArticleID] => 238970 [Title] => Metrobank trust assets hit P100-B mark [Summary] => Metropolitan Bank & Trust Co. (Metrobank) hit the P100-billion mark in its assets under management (AUM) at year-end amounting to P107 billion or a hefty 50.7 percent increase from the December 2002 level of P71 billion.
Metrobank has consistently posted the biggest growth in the trust banking industry since 1999, growing 500 percent from P18 billion to over P100 billion in four years, or an average annual growth rate of 56 percent. Metrobank also chalked up a 16 percent market share.
[DatePublished] => 2004-02-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
METRO COMMON WEALTH FUND
Array ( [results] => Array ( [0] => Array ( [ArticleID] => 239335 [Title] => Metrobanks CTF breaks P100-B ceiling [Summary] => The Metropolitan Bank and Trust Co. (Metrobank) has reached another milestone when its common trust fund (CTF) surpassed the P100-billion marking its assets under management (AUM) last year.
In fact, Metro-banks total AUM amounted to P107-billion, or a more than 50-percent increase from the P71-billion recorded in 2002.
That has allowed the countrys largest commercial bank to corner a 16-percent market share in the CTF banking business.
[DatePublished] => 2004-02-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [1] => Array ( [ArticleID] => 238970 [Title] => Metrobank trust assets hit P100-B mark [Summary] => Metropolitan Bank & Trust Co. (Metrobank) hit the P100-billion mark in its assets under management (AUM) at year-end amounting to P107 billion or a hefty 50.7 percent increase from the December 2002 level of P71 billion.
Metrobank has consistently posted the biggest growth in the trust banking industry since 1999, growing 500 percent from P18 billion to over P100 billion in four years, or an average annual growth rate of 56 percent. Metrobank also chalked up a 16 percent market share.
[DatePublished] => 2004-02-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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February 17, 2004 - 12:00am
February 15, 2004 - 12:00am
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