Our investment literacy initiatives have been integrated in our business objectives and entrenched in the conduct of our business. As part of our commitment to prime move the Philippine capital markets, First Metro is steadfast in building awareness and educating the public about the capital markets using our core competencies as the biggest investment bank in the country.
With the theme “Back to the Future,” First Metro held seven economic and capital markets briefings across Manila, Cebu, and Davao in 2019, drawing a total of 1,356 participants. Speakers shared high-level analyses and outlook on the Philippine and global economies, as well as insight into the fixed income and equities, markets, corporate issuances, and emerging growth industries.
Magnifying our impact in helping more Filipinos gain economic empowerment are our two subsidiaries, First Metro Asset Management, Inc. (FAMI) and First Metro Securities Brokerage Corporation (FirstMetroSec).
FAMI conducted a total of 51 financial literacy and financial wellness seminars. It was able to reach out to more than 3,000 individuals, mostly members of cooperatives, Grab partner drivers, teachers, as well as school administrators and staff. Through these seminars held in Manila, Clark in Pampanga, and Binangonan in Rizal, participants learned how to make sound financial and investment decisions.
FirstMetroSec, meanwhile, mounted some 139 seminars revolving around investment literacy topics, from Basic Education for Stock Trading (BEST) to Stock Market 101 to investment options for OFWs. These crash courses in financial and investment education attracted 14,538 participants around the Philippines, overseas, and online via a web series, most of them students, young professionals, government agencies, and private and non-profit firms. Set at the grassroots level, these seminars instilled vigilance in investment through legitimate channels, and offered a glimpse of the stock market — from account opening to actual trading.