First Metro Investment Corporation is the investment banking arm of the Metrobank Group, one of the largest financial conglomerates in the country. We have over 50 years of experience in developing the country's capital markets.
With assets of P55.45 billion and stockholders' equity of P15.90 billion as of end-2016, First Metro continues to be the biggest investment bank in the Philippines.
Together with our subsidiaries, First Metro offers 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. Our strength lies in origination, structuring, and execution.
Amid the market uncertainty in 2016, we managed to solidify our leadership by successfully participating in 48% of the total publicly listed capital market transactions, raising P191.59 billion for the public and private sectors. We also dominated the domestic bond market, with 87% of total bond issues for the year, proof of our leadership, innovation, and service excellence.
A concrete testament to our industry dominance are the string of awards and recognitions we received in 2016.
For the second year in a row, First Metro was recognized as the Philippines' Best Investment Bank in 2016 by Global Finance, a monthly global business and finance magazine that has been ranking the world's best investment banks for 17 years. It was also named the Best Domestic Bond House in the Philippines and the Best Bond House at the FinanceAsia 20th Anniversary Platinum Awards in Hong Kong. The Asset Benchmark Research (ABR) of Hong Kong, in its 2016 Top Bank Awards in Secondary Market in Asian Currency Bonds, also named First Metro the Top Bank Arranger-Investors' Choice for Primary Issues for corporate bonds, as well as second place recognition in the Top Banks in Government Bonds and the Top Banks in Corporate Bonds categories.