July 27, 2015
Euromoney, the world's leading financial markets magazine, declared First Metro Investment Corporation, the investment banking arm of the Metrobank Group, the Philippines' best investment bank for 2015. This is the first time a local investment bank has won this award.
In its decision, Euromoney cited that "Despite there being a number of international contenders for the awards, First Metro demonstrated plenty of ambition to capture business with a good showing in equity capital market (ECM) and debt capital market (DCM)."
Now in its 24th year, the Euromoney Awards for Excellence continue to be the most respected awards in the financial services industry. Building on its long-established criteria, Euromoney combines quantitative data with informed and important subjective judgments to honor the institutions which have brought the highest levels of service, innovation, and expertise to their customers.
First Metro president Roberto Juanchito Dispo said, "The honor we received from Euromoney speaks of our partners' trust in First Metro to deliver quality investment banking service. Our competence and execution prowess have made us grow side by side our clients, which include some of the nation's largest conglomerates and up-and-coming names. This recognition is a testament to our solid track record of over 50 years of service in the development of the Philippine capital markets."
In the awards covered period, First Metro raised P262 billion in the debt capital market and P32 billion in the equities space which constitute over 60% of the total capital markets transactions in the Philippines.
The Awards for Excellence cover more than 20 global product categories, best-in-class awards in all regions, and the best banks in close to 100 countries around the world. Since 1992, Euromoney has been recognizing outstanding institutions and individuals that demonstrate leadership, innovation, and momentum in the markets in which they excel.
In photo during Euromoney Asia Awards for Excellence dinner are (from left) Euromoney Asia CEO Tony Shale, First Metro president Roberto Juanchito Dispo, EVP Justino Juan Ocampo, and Euromoney editor Clive Horwood.