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First Metro Investment Corporation is a leading investment bank in the Philippines with over 50 years of service in the development of the country’s capital markets. It is the investment banking arm of the Metrobank Group, one of the largest financial conglomerates in the country.
In terms of assets and net income, First Metro is the biggest investment bank in the Philippines. On December 31, 2013, it posted a net income of P11.5 billion, its assets stood at P83 billion with stockholders’ equity of P15 billion.
First Metro and its subsidiaries offer a wide range of services, from debt and equity underwriting to loan syndication, project finance, financial advisory, investment advisory, government securities and corporate debt trading, equity brokering, online trading, asset management, and research. It has established itself as a leading bond house with key strengths in origination, structuring and execution.
As a prime mover in the Philippine capital markets, it has steadily upheld its dominant position by successfully participating in 76% of the total capital markets transactions amounting to P612.7 billion in 2012, proof of its leadership, innovation and service excellence. First Metro dominated the domestic bond market with its participation in the issuance of P547.5 billion bonds, representing 99% of the total bond issuances for both the private and the public sector. It was also the front-runner in private debt issuances, successfully raising P49.1 billion Corporate Notes and P75.0 billion loans, representing 46% and 83%, respectively of the total industry.
It was ranked among the Top 11 Philippine Companies and among the Best ASEAN 100 Companies based on Relative Wealth Added Index by New York-based management consulting firm, Stern Stewart & Co. In 2009, 2011 and 2013, First Metro was awarded as Best Bond House in the Philippines by FinanceAsia. It also received the same recognition from The Asset Magazine of Hong Kong for five consecutive years since 2009. In 2012, it was recognized by FinanceAsia as the Best Equity House in the Philippines and in 2013, as one of the Top 10 Best Managed Companies in the country.
Building on its competitive strength and proven approach to solving challenges and delivering results, the organization is now primed to deliver its finely honed service excellence to the regional stage. |
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