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Article: Metrobank post gains in corporate banking.(Business News)
- Article from:
- Manila Bulletin
- Article date:
- November 26, 2008
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Metropolitan Bank & Trust Company (Metrobank) reported that its corporate banking portfolio grew substantially in 2008 while remaining optimistic about prospects in 2009 despite challenging times.
In a statement, Metrobank executive vice president and head of Corporate Banking Group Vicente Cuna, Jr. said corporate loans grew by 29 percent year-on-year as the bank experienced record highs in its corporate lending business in the first nine months of the year.
"Growth has been recorded across all segments, as we have been successful at balancing our core middle market and large corporate portfolios," said Cuna.
According to Cuna, "a thorough understanding of ...