Press Releases

Subcategories

Best Equity House

First Metro is the Philippines’ Best Equity House

September 23, 2019

 

For the second consecutive year, First Metro has been named the Best Equity House in the Philippines by regional investment magazine Alpha Southeast Asia.

FAMI's latest mutual fund

PSE approves Axelum’s IPO

August 29, 2019

 

Leading integrated coconut product manufacturer and exporter Axelum Resources Corporation has secured the approval of the Philippine Stock Exchange for its initial public offering of up to P7.7 billion worth of shares.

FAMI wins PIFA

FAMI mutual funds and FMETF are among the top performing asset classes

August 29, 2019

 

FAMI has bagged top awards for the outstanding performance of the First Metro Save & Learn Mutual Funds and the First Metro Philippine Equity Exchange-Traded Fund (FMETF) at the Philippine Investment Funds Association (PIFA) Annual Awards 2019.

FAMI GCash ECPay

FAMI opens investing to unbanked sector through digital payment channels

August 23, 2019

 

Answering the call of the Bangko Sentral ng Pilipinas (BSP) for financial inclusion through increased electronic transactions, FAMI has added ECPay and GCash as payment channels.

Midyear Outlook

Philippine economy will be stronger in 2H 2019

July 8, 2019

 

First Metro maintains a positive outlook on the Philippine economy. Despite the GDP’s drop to a four-year low of 5.6% in the first quarter of this year, the investment bank expects the economy to grow by 6-6.5% by year-end.

RRR and policy rates cut

BSP to further cut RRR and policy rates before year-end

July 8, 2019

 

First Metro expects the Bangko Sentral ng Pilipinas (BSP) to further cut the banks’ RRR (reserve requirement ratio) by 2% and reduce policy rates by 50 basis points before the year ends.

FAMI's latest mutual fund

Axelum files for IPO

June 28, 2019

 

Axelum Resources Corporation, a fully integrated manufacturer of high quality coconut products including coconut water, desiccated coconut, coconut milk powder, coconut milk/cream, reduced fat coconut, sweetened coconut, coconut oil, and other coconut products for domestic and international use and distribution, has filed its application for an initial public offering (IPO) with the Securities & Exchange Commission and the Philippine Stock Exchange.

FAMI's latest mutual fund

PHL REITs: From convincing to compelling

June 24, 2019

 

In his presentation at the 3rd APAC REITs Investment Summit, Mr. Sebastian said that financial trends conducive to Philippine REITS that were convincing in 2010 during the previous 2nd Summit were not only sustained but even in fact have turned even more compelling in 2019.

Bigay Liwanag

First Metro's Bigay Liwanag continues to share the gift of sight

May 22, 2019

 

First Metro made the vision of 257 public elementary school students clearer and brighter through its Bigay Liwanag project. Students of Dr. Benigno Aldana Elementary School and Legarda Elementary School received free eye check-ups and prescription glasses from the investment bank.

International Finance

FirstMetroSec wins awards from International Finance

May 7, 2019

 

FirstMetroSec was awarded by the UK-based publishing firm, International Finance, as Best Online Broker and Best Online Trading Platform versus international peers.

FMAP Awards

First Metro Group dominates FMAP Awards

May 2, 2019

 

First Metro and several of its officers reaped various recognitions at the 19th FMAP (Fund Managers Association of the Philippines) Awards. The investment bank ranked 3rd in the Best Fixed Income House category.

Smart Women Invest

FAMI celebrates Women’s Month with the “Smart Women Invest” Workshop

March 21, 2019

 

Joining the worldwide celebration of Women’s Month, FAMI hosted Smart Women Invest, a financial and investment literacy workshop specifically catered to help Filipinas transform from savers into investors.

PDS Awards

First Metro Group wins at the PDS Awards

March 20, 2019

 

First Metro won the Top Corporate Securities Market Maker at the 2019 PDS Annual Awards. It also ranked 5th in two categories: Top 5 Fixed Income Dealing Participants and Top 5 Corporate Issue Managers/Arrangers (Investment House).

Alpha Southeast Asia

First Metro bags Benchmark Bond Deal award for ÆON's debt issuance

March 4, 2019

 

First Metro received recognition from regional investment magazine Alpha Southeast Asia for arranging the P1 billion debt issuance of ÆON Credit Service (Philippines), Inc. The ÆON issuance is a landmark and pioneering transaction in the Philippine capital markets.

Dan Camacho

First Metro appoints new investment banking head

February 1, 2019

 

First Metro announces the appointment of Daniel Camacho as executive vice president and head of its Investment Banking Group.

FAMI's latest mutual fund

FAMI offers short-term investment option

January 29, 2019

  

FAMI has launched its newest mutual fund, the First Metro Save & Learn Money Market Fund (SALMMF), giving investors an opportunity to earn more from a short-term investment.

Arjonillo

First Metro: Philippine economy will grow at a faster pace in 2019

January 15, 2019

 

First Metro expects the Philippine economy to regain its strength and grow at a faster pace in 2019 compared to 2018. The country’s gross domestic product (GDP) is projected to expand by 6.8-7.2% this year as macroeconomic fundamentals remain strong.

First Metro & AEON

First Metro and ÆON Credit sign agreement for landmark debt capital markets transaction

January 10, 2019

 
First Metro acted as the sole arranger for the P1 billion fixed rate corporate notes issuance of ÆON Credit Service (Philippines), Inc. This is the first-ever issuance under the ASEAN+3 Multi-Currency Bond Issuance Framework (AMBIF) in the country.

First Metro gives tribute to public school teachers

First Metro gives tribute to public school teachers

October 11, 2018

 

First Metro concluded its month-long celebration of the National Teachers’ Month with the faculty members of Margarita Roxas de Ayala Elementary School in Sta. Ana, Manila.

First Metro bags Best Equity and Best M&A House awards

First Metro bags Best Equity and Best M&A House awards

September 21, 2018

 

First Metro has been named the Philippines’ Best Equity House and, for the second consecutive year, the Best M&A House by regional investment magazine Alpha Southeast Asia at its 12th Annual Best Financial Institution Awards.

FAMI inaugurates new First Metro Investors Center in Cebu

FAMI inaugurates new First Metro Investors Center in Cebu

September 6, 2018

 

FAMI has formally opened to the public the new First Metro Investors Center in Cebu City.

Use of technology in investing still eludes millennials

Use of technology in investing still eludes millennials

August 23, 2018

 

“Digital natives” is a term attributed to millennials, because using technology for them is said to be innate. Or so we thought.

Midyear Economic & Capital Markets Briefing

First Metro: Philippine economy will continue its growth momentum

July 16, 2018

 

First Metro remains optimistic that the Philippine economy will continue its growth momentum.

20180711 financeasia tn

First Metro signs content partnership agreement with FinanceAsia

July 11, 2018

 

First Metro recently inked a content partnership agreement with international finance publication FinanceAsia.

FirstMetroSec wins back-to-back Best Broker awards

FirstMetroSec wins back-to-back Best Broker awards

June 29, 2018

 

For the second consecutive year, First Metro Securities Brokerage Corporation (FirstMetroSec), the stockbrokerage arm of the Metrobank Group, was awarded Best Broker in the Philippines by Hong Kong-based financial publishing firm FinanceAsia at its Country Awards for Achievement 2018.

Karen Roa

FAMI appoints new president

June 22, 2018

 

FAMI has announced the appointment of Karen Liza Roa as its new president.

Bigay Liwanag

First Metro continues to donate prescription glasses to elementary students

May 25, 2018

 

First Metro carries on its vision care project for public school children with the 10th run of Bigay Liwanag.

Turkey Business Group

Metrobank and First Metro to forge business synergy with Turkey business group

May 10, 2018

 

Metrobank and its investment banking arm First Metro Investment Corporation recently hosted a forum for Turkish business leaders to explore possible business synergies between the Philippines and Turkey.

First Metro Consumer Fund

FAMI launches First Metro Consumer Fund

April 17, 2018

 

First Metro Asset Management, Inc. (FAMI), the fund management subsidiary of First Metro Investment Corporation (First Metro), has officially launched its newest mutual fund, the First Metro Consumer Fund, which tracks the performance of the First Metro Index on MSCI Philippines IMI (First Metro Index).

20180412 famin binondo tn

FAMI opens the First Metro Investors Center in Binondo

April 12, 2018

 

First Metro Asset Management, Inc. (FAMI), the fund management subsidiary of First Metro Investment Corporation (First Metro), has formally opened to the public its new Investors Center in Binondo, Manila. Located at the second floor of Lucky Chinatown Mall, the Investors Center will make FAMI’s investment products accessible to more people.

FAMI launches First Metro Consumer Fund

April 11, 2018

 

First Metro Asset Management, Inc. (FAMI), the fund management subsidiary of First Metro Investment Corporation, has officially launched its newest mutual fund, the First Metro Consumer Fund, which tracks the performance of the First Metro Index on MSCI Philippines IMI (First Metro Index). The First Metro Index was developed in partnership with globally renowned index provider MSCI, Inc. and launched in 2017.

First Metro Group wins PDS Awards

First Metro Group wins PDS Awards

April 3, 2018

 

Metrobank Group’s investment banking arm, First Metro Investment Corporation and its stockbrokerage arm, First Metro Securities Brokerage Corporation (FirstMetroSec), both reaped awards at the 2018 PDS Annual Awards.

First Flight takes off in Manila Tytana and Ateneo de Davao

First Flight takes off in Manila Tytana and Ateneo de Davao

March 27, 2018

 

First Metro Securities Brokerage Corporation (FirstMetroSec), the stockbrokerage arm of the Metrobank Group, inked an agreement with two higher education institutions to officially launch First Flight, a virtual trading platform for the Philippine Stock Exchange (PSE) to be introduced to students under their finance programs.

20180309 alpha rtb tn

First Metro receives Best Bond Deal for Retail Investors fo RTB issuance

March 9, 2018

 

The Bureau of the Treasury's (BTr) P181 billion Retail Treasury Bond (RTB) issuance won the Best Bond Deal for Retail Investors in Southeast Asia at the Alpha Southeast Asia Best Deal & Solution Awards 2017. First Metro was one of the joint lead issue managers of the RTB Tranche 19, which was issued in April last year.

fmsbc hub

FirstMetroSec opens investment hub

March 5, 2018

 

First Metro Securities Brokerage Corporation (FirstMetroSec), the stockbrokerage arm of the Metrobank Group, recently inaugurated the First Metro Investment Hub, a learning center for beginner and expert investors alike. The hub was established in line with FirstMetroSec's advocacy to promote financial education and improve financial literacy in the country. 

 FMIC CHMIC

China company taps First Metro as partner for Philippine infrastructure projects

February 19, 2018

 

China National Heavy Machinery Corporation (CHMC), the third largest contractor of power projects and one of the top construction engineering companies in China, has tapped First Metro as its exclusive consultant in the Philippines. 

 

CHMC eyes infrastructure projects in PH

February 13, 2018

China National Heavy Machinery Corporation (CHMC), the third largest contractor of power projects and one of the top construction engineering companies in China, is looking at opportunities in the infrastructure sector in the Philippines. CHMC has tapped First Metro as its exclusive consultant in the Philippines.

 gmr btr

First Metro signs Global Master Repurchase Agreement with BTr

February 2, 2018

First Metro signed the Global Master Repurchase Agreement (GMRA)  with the Bureau of the Treasury's Bond Sinking Fund (BSF). The GMRA is a legal agreement designed for parties transacting repurchase agreements (repos).

 Wilcon Depot IPO

First Metro receives IPO of the Year award from The Asset

February 1, 2018

 
Wilcon Depot, Inc.'s initial public offering (IPO) was awarded Best IPO Philippines at The Asset Triple A Country Awards. First Metro was the sole issue manager, bookrunner, and joint lead underwriter of Wilcon's P7.04 billion IPO.

 20180105 fami finex

FAMI advocates financial literacy for college students

January 5, 2018

 
First Metro Asset Management, Inc. (FAMI), a subsidiary of First Metro Investment Corporation, supported the FINEX Research and Development Foundation, Inc.'s 19th Intercollegiate Finance Competition (ICFC). FAMI provided the learning materials and resource speakers that helped students answer questions that are patterned after the Chartered Financial Analyst (CFA) Level 1 examination.

Economic Briefing

First Metro expects the growth of the Philippine economy to accelerate in 2018

January 4, 2018

 
Driven by solid domestic demand and accelerating investments, the country's GDP is anticipated to expand by 7-7.5%. Heightened private capital spending, rising government infrastructure expenditure, a rebound in exports, stable OFW remittances and BPO revenues, and tourism boom are also projected to push growth.