First Metro Investment Corporation

Press Releases

Subcategories

2020
2019

	First Metro is named best investment bank in the Philippines June 9, 2020 First Metro received the Best Investment Bank in the Philippines award from FinanceAsia, a Hong Kong-based financial publishing firm.
	First Metro appoints new president June 1, 2020 First Metro has announced the appointment of Jose Patricio Dumlao as its new president and director.
	First Metro goes digital to boost employees' financial (and physiological) wellness May 27, 2020 The COVID-19 pandemic has disrupted the lives of people all over the world and has forced organizations to rethink and change the ways in which they operate and do business. Much of this change involves the shift to digital channels as people are forced to work from home. First Metro recognizes this ‘new normal’, with majority of its employees fulfilling office duties in their respective residences.
	FAMI and Grab ink financial literacy partnership January 29, 2020 FAMI FAMI and Grab Philippines, an app-based ride service provider, signed a Memorandum of Agreement (MoA) to develop and improve the financial literacy of Grab’s Partner-Drivers.
	Consumer spending to drive growth in 2020 January 14, 2020 First Metro expects the Philippine economy to sustain its growth momentum despite rising global uncertainty.

	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.
	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 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 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.
	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.
	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.
	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.
	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.
	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.
	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.
	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.
	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.
	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).
	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.
	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 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.
	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 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.