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Assets drive record Metrobank income

METROPOLITAN Bank & Trust Co. (Metrobank) saw its net income grow 14 percent to a record P48.1 billion last year, backed by robust asset expansion and improved asset quality.

'The hard work that all Metrobankers put in growing our corporate, middle market, retail and wealth segments as well as our investments in technology and human resources and risk management initiatives continue to bear fruit,' Metrobank President Fabian Dee said in a statement.