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.
First Metro held six economic briefings – two in Manila, two in Davao, and two in Cebu – for clients and investors in 2018. It also conducted two economic briefings for the media. The events gathered a total of 1,480 participants. With the theme, “Stepping on the Pedal, Accelerating Growth,” the briefings enabled First Metro to present its analyses and outlook on the Philippine and global economies. These also served as venue to unveil the company’s outlook for the fixed income, equities, and corporate debt markets, as well as those for corporate issuances and emerging growth industries.
First Metro remained an active participant in the annual marathon organized by the Philippine Stock Exchange. This activity aimed to raise the level of stock market awareness and financial literacy among the general public, and promote camaraderie among stock market participants such as the listed companies, trading participants, investors, and various stakeholders. Sixteen First Metro employees took part in the 13th PSE Bull Run which was held on January 14, 2018.
Twenty First Metro employees also took part in the 6th Founder’s Run of Manila Tytana Colleges held on February 10, 2018. The annual event aimed to raise funds for the scholarship of incoming senior high school students of Manila Tytana Colleges. Event participants were composed of students, faculty, administrators, alumni, employees, and their families and friends, together with participants from the Metrobank Group.
First Metro Asset Management, Inc. (FAMI), a First Metro subsidiary, supports the company’s CSR advocacy on investment literacy to transform Filipinos from being mere savers into intelligent investors.
In 2018, FAMI mounted over 92 investment literacy sessions nationwide that drew more than 3,961 participants, including students, teachers, bank employees, and people of varying backgrounds. Through these financial literacy sessions, FAMI is helping raise awareness and imparting the importance of setting financial goals.
First Metro Securities Brokerage Corporation (FirstMetroSec), the stockbrokerage arm of the Metrobank Group and a wholly owned subsidiary of First Metro, continued to reach out to Filipinos nationwide through its series of financial and investment education seminars. In 2018, FirstMetroSec conducted a total of 60 seminars that benefited 8,918 senior high school, college and post graduate students, faculty members, employees of private firms and local government units, government-owned and –controlled corporations, small and medium enterprises and their clients, and overseas workers.