News

The Asset awards First Metro Investment as Best Domestic Bond House in the country
2/7/2012
First Metro Investment Corporation has been voted as the Best Domestic Bond House in the Philippines by Hong Kong-based The Asset Publishing and Research Ltd. in its Triple A Country Awards for 2011. Read More



Stock X Challenge: Winning Techniques
2/2/2012
AFTER just two months of trading, the race is already heating up in the Stock X Challenge, the stock trading competition among teams of college students organized by First Metro Investment Corporation, in partnership with the Philippine Stock Exchange and the Catholic Educational Association of the Philippines. Read More

interview: UPD_Gurus, Stock X Challenge Series 1

First Metro-managed funds continue strong performance
1/18/2012
THE FIRST METRO Save and Learn mutual funds maintained their strong showing in the mutual funds market as they led their respective categories among local funds, primarily invested in Peso securities amid the volatile market conditions for the year 2011. Read More



First Metro, Metrobank lead the signing of the Meralco Notes Facility Agreement
1/17/2012
First Metro Investment Corporation and Metropolitan Bank & Trust Company led 15 financial institutions in the signing of the P3 billion 7 and 10-year Notes Facility Agreement with Manila Electric Co. Read More



Economic outlook briefing
1/13/2012
First Metro recently hosted an economic outlook briefing in Makati City. Read More



Philippines upgrades says First Metro Investment
1/10/2012
In a press briefing, First Metro Investment Corporation, says the Philippines upgrades as seen in its continued growth. Read More



First Metro Inspires, Cares
1/6/2012
FIRST METRO Investment Corporation conducted an outreach activity at Elsie Gaches Village (EGV) along Alabang-Zapote Road, Muntinlupa as it strengthened efforts to serve society. Read More



Capital Notes October-December 2011
1/2/2012
Capital Notes (Fourth Quarter 2011) is available for downloading under the Investor Relations tab in this website. Read More



First Metro kicks-off “Stock X Challenge”
12/29/2011
Stock X Challenge, an intercollegiate online stock trading competition, organized by First Metro Investment Corporation in partnership with the Philippine Stock Exchange has officially started. Read More



First Metro Investment is Best Bond House anew
12/20/2011
First Metro Investment Corporation has been voted as the Best Domestic Bond House in the Philippines by The Asset Publishing and Research Ltd. in its Triple A Country Awards for 2011. Read More



FirstMetroSec V2.0 launched with iPAD application
12/14/2011
First Metro Securities Brokerage Corporation (FirstMetroSec) recently launched its upgraded online trading facility–dubbed FirstMetroSec v2.0–at the Mandarin Oriental Manila. Read More



First Metro Lists at PDEx
12/9/2011
First Metro Investment Corporation listed its P5-billion fixed-rate corporate bonds on the Philippine Dealing and Exchange Corp. (PDEx) corporate securities market in rites held at the Enterprise Center in Makati City. Read More



First Metro Investment Corporation lists P5-B Fixed Rate Corporate Bonds on PDEx
12/2/2011
First Metro Investment Corporation listed its PhP5 Billion Fixed Rate Corporate Bonds due 2017 on the Philippine Dealing and Exchange Corp. (PDEx). Read More



First Metro Investors Center in Cebu
11/25/2011
First Metro opens Investors Center at the Metrobank Plaza in Cebu City. Read More



First Metro-PSE-CEAP Stock X Challenge Portfolio Management Seminar
11/23/2011
Participants of the Stock X Challenge Intercollegiate Stock Market Competition recently attended portfolio management seminar in preparation for the competition. Read More



First Metro P5-B Corporate Bonds
11/18/2011
First Metro Investment Corporation president Roberto Juanchito Dispo responds to a question during an investors’ briefing for its P5-billion five-year fixed rate corporate bond offering. Read More



First Metro inaugurates Investors Center in Cebu City
11/17/2011
FIRST METRO Investment Corporation has opened its first Investors Center outside of Metro Manila as part of its plan to broaden its market base, particularly in the retail sector. Read More



First Metro Investment posts P1.8 billion income at the end of Q3 2011
11/10/2011
First Metro Investment Corporation posted a consolidated net income of P1.8 billion at the end of the third quarter in the face of a volatile market condition, 31.6% higher than the P1.4 billion income posted in the same period last year. Read More



First Metro Investment Summit
10/28/2011
Key persons shared their respective views on the investment climate in the Philippines in one of the panel discussions during The Philippine Investment Summit for Global Fund Managers 2011. Read More



Metrobank, First Metro arrange PH investment summit
10/26/2011
Metropolitan Bank and Trust Company (Metrobank) and First Metro Investment Corporation bring together the country’s economic managers, industry leaders, top corporate market movers and global fund managers in a forum aimed to increase interest in the Philippine capital markets. Read More



Metrobank, First Metro Arranged Pancake House Corporate Notes
10/24/2011
Metropolitan Bank and Trust Company, First Metro Investment Corporation, and Pancake House, Inc. recently completed the agreement for P800 million Fixed and Floating Rate Corporate Notes for Pancake House, Inc. Read More



First Metro 'Bigay Liwanag' in Makati
10/14/2011
First Metro Investment Corporation recently extended the reach of its Bigay Liwanag. Read More



First Metro, Mitsui MOA for Toyota Dealership
10/6/2011
His Excellency President Benigno Simeon Aquino III witnesses the signing of a memorandum of agreement between First Metro Investment Corporation, the investment banking arm of the Metrobank Group, and Mitsui & Co., Ltd. for the entry of Mitsui into the marketing and distribution of Toyota vehicles in the Philippines. Read More



First Metro Investment signs MOA with Mitsui for nationwide Toyota dealership
9/30/2011
First Metro Investment Corporation (First Metro) and Mitsui & Co., Ltd. (Mitsui) jointly signed a Memorandum of Agreement for the entry of Mitsui into the marketing and distribution of Toyota vehicles in the Philippines. Read More



Best Bond House in the Philippines
9/22/2011
First Metro Investment Corporation was named the ‘Best Bond House in the Philippines’ by FinanceAsia. Read More



First Metro brings back collegiate stock trading competition
9/16/2011
First Metro Investment Corporation, together with subsidiaries First Metro Asset Management, Inc. and First Metro Securities Brokerage Corporation, sign a Memorandum of Agreement (MOA) with the Philippine Stock Exchange (PSE) and the Catholic Education Association of the Philippines (CEAP) for another staging of Stock X Challenge. Read More



Bigger, more exciting Stock X Challenge expected
9/15/2011
FIRST METRO INVESTMENT Corporation, together with subsidiaries First Metro Securities Brokerage Corporation and First Metro Asset Management, Inc., launches the second edition of Stock X Challenge, the ultimate competition of online stock trading among college students. Read More



First Metro Save & Learn Funds take home nine PIFA awards
8/5/2011
First Metro Save & Learn Mutual Funds bagged nine trophies from the 2010 Philippine Investment Fund Association (PIFA) Fifth Annual Awards Night at the Marriott Hotel Manila. Read More



First Metro wins corporate governance award
7/26/2011
First Metro Investment Corporation is one of the top scorers in the 2010 Corporate Governance Scorecard of the Institute of Corporate Directors (ICD). Read More



First Metro Investment is Best Bond House in the Philippines
7/25/2011
First Metro was recognized once again as the country’s Best Bond House for the year 2010. Read More



Beacon Electric Asset Holdings P11-B Corporate Notes
7/7/2011
Beacon Electric Asset Holdings, Inc. signed P11.0 Billion Corporate Notes Facility agreement. Read More



First Metro sees return to robust growth in the second half of 2011
6/29/2011
In a press briefing, First Metro Investment Corporation, the investment banking arm of the Metrobank Group, says Philippine economy will return to robust growth in the second half of 2011. Read More



Davao online trading with First Metro Securities
6/16/2011
Guests try out the online stocks trading facility of First Metro Securities Brokerage Corporation during a grand launch event at the Marco Polo Davao Hotel. Read More



First Metro Investors Center
6/1/2011
First Metro Investment Corporation recently opened its first Investors Center as part of its initiative to make its investment products accessible to more investors. Read More



First Metro inaugurates Investors Center
5/20/2011
FIRST METRO Investment Corporation, the investment banking arm of the Metrobank Group, has opened its first Investors Center as part of its plan to broaden its market base, particularly in the retail sector. Read More



First Metro Investment posts P431.4 million profit in the 1st quarter of 2011
5/12/2011
Amidst sternly volatile financial markets, First Metro Investment Corporation, the investment banking arm of the Metrobank Group, realized a consolidated net income of P431.4 million or 10.7% higher than the P389.8 million posted during the same quarter last year. Read More



FMSBC’s Online Trading Facility launched in Cebu
5/6/2011
First Metro Securities Brokerage Corporation (FMSBC), a wholly-owned subsidiary of First Metro Investment Corporation (FMIC), unveils its enhanced online trading facility, www.firstmetrosec.com.ph. Read More



Rockwell Land raises P4.0 billion from corporate notes issue
5/4/2011
Rockwell Land Corporation, one of the country’s premier developers of luxury condominiums, has successfully raised P4.0 billion from the issuance of Seven-year Fixed-rate Corporate Notes. Proceeds of the Notes will be used to finance the acquisition of properties for development and to refinance certain obligations. Read More



FMIC Annual Report 2010:
Creating Opportunities
Executing Possibilities


4/25/2011

The 2010 Annual Report was released during its 2011 Annual Stockholders' Meeting. Read More



First Metro Annual Stockholders' Meeting
4/19/2011
First Metro Investment Corporation, the investment banking arm of the Metrobank Group, reported a historical high net income of P1.7 billion for the year 2010 during its annual stockholders’ meeting held at the Metrobank Plaza in Makati City. Read More



Manila Water P10-B Corporate Notes
4/15/2011
First Metro Investment Corporation (FMIC) President Francisco Sebastian (left) affirms the Metrobank Group’s support for Manila Water Corporation during the signing of the management agreement for the water utility’s P10-billion fixed rate corporate notes issue. Read More



SM Prime raises P5.0 billion from 5-year floating rate notes
4/11/2011
SM Prime Holdings, Inc., the country’s dominant shopping mall developer and operator, recently issued P5.0 billion worth of 5-year floating rate notes. Read More



Intercollegiate Stock X Challenge winner
4/8/2011
UPD_GURUS from the University of the Philippines-Diliman topped the first FMIC-PSE-CEAP Stock X Challenge Stock Trading Competition organized by First Metro Investment Corporation (FMIC). Read More



FMIC economic and investment briefing
4/1/2011
First Metro Investment Corporation (FMIC), the investment banking arm of the Metrobank Group, recently conducted a series of economic and investment briefings in Manila, Cebu, Davao and Cagayan de Oro. Read More



Federal Land, Inc. raises P6.6 billion from its Maiden Notes Issuance
3/31/2011
Federal Land, Inc., the property development arm of businessman George S.K. Ty of the Metrobank Group, successfully raised P6.6 billion recently from its maiden issuance of 5-year fixed rate corporate notes. Read More



Renewable energy partnership
3/28/2011
First Metro Investment Corporation (FMIC) and Global Business Power Corporation (Global Power) signed a memorandum of understanding to work in partnership in the development of renewable energy projects in the Philippines. Read More



First Metro, Global Power collaborate to develop renewable energy
3/24/2011
First Metro Investment Corporation (FMIC) and Global Business Power Corporation (Global Power), both members of the Metrobank Group, signed a Memorandum of Understanding to work in partnership in the development of renewable energy projects in the Philippines. Read More



Pro-Friends issues P1.5-B Corporate Notes
3/18/2011
Real estate developer Property Company of Friends, Inc., (Pro-Friends) announced that it issued P1.5 billion worth of five-year corporate notes. Proceeds of the notes will finance the company’s land banking, expansion and capital expenditure. Read More

www.profriends.com

First Metro Investment Awarded by the PDS Group
3/11/2011
First Metro Investment Corporation (FMIC), the investment banking arm of the Metrobank Group, was honored by the Philippine Dealing System Holdings Corp. & Subsidiaries (the PDS Group) during its 6th Annual Awards Night held at the Makati Shangri-La Hotel. FMIC was recognized as one of the Top 5 Fixed-Income Dealing Participants, as well as one of the Top 5 Fixed-Income Brokering Participants for the year 2010. Read More



Stock X Challenge Series 1 Evaluation Seminar
3/5/2011
First Metro-PSE-CEAP Intercollegiate Online Stock Trading Competition will be having an Evaluation Seminar. Read More



First Metro Investment’s profits up by 68%
2/24/2011
First Metro Investment Corporation (FMIC), the investment banking arm of the Metrobank Group, continues to surge as it closed the year with a consolidated net income of P1.7 billion or 67.8% higher than the P1.0 billion consolidated net income of the previous year. Year on year return on equity is at 18.6%. Read More



First Metro Investment is 'Best Domestic Bond House' anew
2/4/2011
First Metro Investment Corporation (FMIC), the investment banking arm of the Metrobank Group, was named the ‘Best Domestic Bond House in the Philippines’ by leading regional financial publication The Asset during its Triple A Country Awards 2010 held in Hong Kong recently. Read More



'BIGAY LIWANAG' for Magat Salamat Students
1/28/2011
First Metro Investment Corporation (FMIC), the investment banking arm of the Metrobank Group, donated eyeglasses to a total of 117 student beneficiaries of Magat Salamat Elementary School in Manila under its Bigay Liwanag Project. Read More



First Metro Investment launches new website
1/18/2011
First Metro Investment Corporation (FMIC), the investment banking arm of the Metrobank Group, recently launches its redeveloped website – www.firstmetro.com.ph. Read More



FMIC says prospects in 2011 still rosy but sees rising oil as biggest threat
1/10/2011
In a press briefing, First Metro Investment Corporation, the investment banking arm of the Metrobank Group, says prospects for the Philippine economy remains rosy but sees oil as biggest threat to growth prospects. Read More



First Metro Economic Briefing in Cebu
1/4/2011
First Metro Investment Corporation (FMIC) executive vice president Roberto Juanchito Dispo conducted an Economic Update and Investment Outlook briefing before professionals and entrepreneurs in Cebu during the recent celebration of MART Week by the Money Market Association of the Philippines (MART). Read More



FMIC-PSE-CEAP Stock X Challenge Commences
12/13/2010
Stock X Challenge, the intercollegiate online stock trading competition, has commenced. After three Saturdays of portfolio management seminars conducted by First Metro Investment (FMIC) for the registered teams of students and teachers, all 144 teams are ready to compete. Read More



Bureau of the Treasury Debt Consolidation Program
12/6/2010
First Metro Investment Corporation (FMIC) executive vice president Roberto Juanchito Dispo (second from right) responds to a question during the investment briefing that launched the Debt Consolidation Program of the Philippine Government’s Bureau of the Treasury. Read More



GT Capital Holdings raises P5-B from maiden notes issue
12/6/2010
GT CAPITAL HOLDINGS, INC., the investment holding company of businessman George S.K. Ty and family, successfully raised P5 billion from its issuance of 3 and 5-year fixed rate corporate notes. This is the very first time that the company has tapped the domestic capital markets. Read More



Stock X Challenge Portfolio Management Seminar
11/30/2010
Participants of the Stock X Challenge intercollegiate stock trading tournament attended the series of seminars on Portfolio Management at the Metrobank Auditorium in Makati City in preparation for the competition that starts on December 1, 2010. Read More



FAMI Speaks on Common Sense Investing
11/19/2010
First Metro Asset Management, Inc. (FAMI), the fund management subsidiary of First Metro Investment Corporation (FMIC), made a presentation before professionals and entrepreneurs on Wealth Creation Through Common Sense Investing during the recent celebration of MART Week by the Money Market Association of the Philippines (MART). Read More



First Metro-PSE-CEAP Stock X Challenge Registration Period Extended
11/10/2010
Originally set to close on November 3, the registration period for the intercollegiate stock investment competition has been extended until November 12, 2010 (5:00 PM) due to insistent demand from several universities and schools still wanting to join the tournament. Read More



FAMI Celebrates Fifth Year Anniversary
11/5/2010
First Metro Asset Management, Inc. celebrates its fifth year anniversary with the inauguration of its expanded headquarters at the 18th floor PSBank Centre in Makati City. Read More



First Metro Investment 9-month Profits Up by 63%
10/26/2010
First Metro Investment Corporation (FMIC), the investment banking arm of the Metrobank Group, boosted its consolidated net income for the first nine months of 2010 to P1.3 billion, 63% over the same period last year. Year-on-year return on equity is at 20%. Read More



First Metro Securities Unveils On-line Trading Facility
10/14/2010
First Metro Securities Brokerage Corporation (FMSBC), a wholly-owned subsidiary of First Metro Investment Corporation (FMIC), unveils its enhanced on-line trading facility. Read More



Stock Trading Competion For College Students
10/11/2010
First Metro Investment Corporation (FMIC), together with subsidiaries First Metro Securities Brokerage Corporation and First Metro Asset Management, Inc. recently launched its first Intercollegiate Stock Market Competition in partnership with the PSE and the Catholic Education Association of the Philippines (CEAP). Read More



First Metro Investment Completes Its New Treasury and Risk Management Software with IP Converge Data Center (IP-C) and Credence Analytics (CA)
9/24/2010
First Metro Investment Corporation (FMIC), the investment banking arm of the Metropolitan Bank & Trust Co. (Metrobank), recently upgraded its Treasury and Risk management systems through the acquisition of Credence iDEAL and RiskMark software from IP Converge and Credence Analytics of India. Read More



Photo Release: First Metro Investment Corp. (FMIC) Conducts ‘Bigay Liwanag’ On Its Third Year.
9/13/2010
A student gets a free eye check up during the Bigay Liwanag program of FMIC, which has been, for three years, one of the socio-civic initiatives of FMIC on education and is intended to enable vision-impaired public school children to read and study better by giving them free eyeglasses. Read More

FMIC

Photo Release: KsK Coop Formalized Accreditation of FAMI’s Save and Learn Mutual Funds
8/12/2010
KsK Coop recently formalized its accreditation of the Save and Learn mutual funds managed by First Metro Asset Management, Inc. as a fulfillment mechanism for its ongoing investment literacy programs for OFWs. Read More

FMIC

FAMI Save & Learn Mutual Funds win in the ICAP Awards
7/28/2010
Two Save & Learn Mutual Funds of the First Metro Asset Management, Inc. (FAMI) garnered awards from the Investment Company Association of the Philippines (ICAP) during its 4th Annual Awards Night 2010 held at the New World Hotel in Makati City. Read More



FMIC 1H10 Profits Jumps by 60%
7/27/2010
First Metro Investment Corporation (FMIC) boosts its consolidated net income for the first half of 2010 to P888.7 million, 60% over the same period last year, with a year-on-year return on equity at the half mark is at 19.5%. Read More

FMIC

FMIC Bullish on the Philippine Economy in 2010
6/21/2010
In a press briefing, First Metro Investment Corporation, the investment banking arm of the Metrobank Group, held bullish sentiments for the second half of the year, backed by strong economic fundamentals and a fresh and promising political landscape after the success of its first automated elections. Read More



First Metro Investment’s Profits Up by 65%
4/26/2010
First Metro Investment Corporation (FMIC) reports consolidated net income of P390 million in the first quarter of the year, 65% higher than the P235.8 million net income in the same period last year, with a year-on-year, return on equity at 17.7% versus 12.8%. Read More

FMIC

Photo Release: 12TH Retail Treasury Bond Offering
4/26/2010
Department of Finance secretary Cesar Purisima (center) leads a toast during the signing of the Investment and Management Agreement between the Bureau of the Treasury and the arrangers of P25-billion worth of retail treasury bonds (RTBs) to be offered by the government. Read More

FMIC

Photo Release: Retail Treasury Bond Roadshow
4/26/2010
Bureau of the Treasury kicks-off the roadshow for the 12th offering of retail treasury bonds (RTBs) by the government at the DBP Social Hall in Makati City. Read More

FMIC

First Metro Investment’s Profits Surged 158%
4/14/2010
First Metro Investment Corporation (FMIC) ends 2009 with a consolidated net income of P1.0 billion or 158.0% over the same period a year ago Read More

FMIC

Renewable energy sector needs funding support, says First Metro Investment
4/7/2010
FIRST METRO Investment Corporation (FMIC), the investment banking arm of the Metrobank Group, believes that the renewable energy sector deserves the attention of long-term investors. Read More



PSALM Plans to Issue P20 Billion in Retail Bonds
4/6/2010
The Power Sector Assets and Liabilities Management Corporation (PSALM) plans to raise PhP20 billion through a peso retail bond issue this April. Read More



Top Depository Brokering Participant
3/29/2010
First Metro Securities Brokerage Corporation (FMSBC), a subsidiary of First Metro Investment Corporation (FMIC), was awarded by the PDS Group as one of the Top 5 Depository Brokering Participants who have generated the highest volume for the year measured by the total market value of depository holdings. Read More



Top Fixed-Income Dealing Participant
3/29/2010
First Metro Investment Corporation (FMIC), the investment banking arm of the Metrobank Group, was among the Top 5 Fixed-Income Dealing Participants in 2009 awarded by the Philippine Dealing System Holdings Corp. & Subsidiaries (the PDS Group). Read More



Metro Pacific and Piltel JV Inks P18.0 Billion Debt Facility with Nine Financial Institutions
3/23/2010
Beacon Electric Asset Holdings, Inc. (Beacon), a joint venture between Metro Pacific Investments Corporation (MPIC) and Pilipino Telephone Corporation (Piltel), has signed a 10-year P18 Billion Corporate Notes Facility with nine local financial institutions. Read More



FAMI Launches its Monthly Investment Program for Catholic Schools’ Employees
3/8/2010
First Metro Asset Management, Inc. (FAMI), an investment company and a subsidiary of First Metro Investment Corp. (FMIC), the investment banking arm of the Metrobank Group, launched its Monthly Investment Program (MIP) among the leaders of the Catholic Education Association of the Philippines (CEAP). Read More



Panay Energy Development Signs P14.0 Billion Financing Package
2/26/2010
Panay Energy Development Corporation (PEDC), a subsidiary of Global Business Power Corporation (GBPC), signs a P14.0 Billion financing package for the construction of its coal fired power plant in La Paz, Iloilo City. In a deal arranged by investment bank First Metro Investment Corporation, nine financial institutions pledged to lend PEDC P14 billion payable in twelve years. Read More



First Metro Investment is Best Domestic Bond House in the Philippines Twice in A Row
2/1/2010
The Asset, a Hong Kong-based finance magazine awarded First Metro Investment Corporation as the Best Domestic Bond House in the Philippines. Read More



First Metro Investment Corporation Holds Briefing on 2010 Economic and Financial Markets Outlook
1/11/2010
In a briefing conducted earlier today at First Metro Investment Corporation’s (FMIC) Makati office, senior management led by President Francisco C. Sebastian tackled key economic indicators and their underlying effect on the financial markets throughout the year. Together with Dr. Victor A. Abola of the University of Asia and the Pacific (UA&P), who also shared his insights during the activity, FMIC’s top executives cited 2010 as a year of steady growth and recovery for the Philippine markets that is if and when no further mishaps occur in the global economy. Read More