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Cars, banking to boost GT Capital

THE auto and banking businesses of GT Capital Holdings Inc. are expected to drive the conglomerate's earnings this year, Maybank Investment Banking Group said over the weekend.

In a report, Maybank said that Metropolitan Bank & Trust Co. (Metrobank) and Toyota Motor Philippines Corp. (TMP) would be the growth drivers for GT Capital, accounting for a combined 80 percent of consolidated earnings this year.