METROPOLITAN Bank and Trust Co. (Metrobank) is tapping the personal finance advisory market by launching a wealth-management service catering to individuals who wish to have their personal finances assessed and customized to their needs.

Metrobank executive vice president and Trust Banking group head Josefina Sulit said today’s investor needs a “higher level of service” to acquaint them with the investment landscape.

“With today’s sophisticated markets, investors are faced with a multitude of investment choices, whether local or global,” she said.

The program, called Exclusive, promises to deliver a “comprehensive” analysis of a client’s personal financial situation to give a customized investment solution to meet his financial needs.

The program is also expected to assess proper wealth protection or distribution to match the client’s risk tolerance.

The bank has tied up with International SOS, a health-insurance firm. Clients will also receive a Metrobank Platinum card and “priority” service and discounts on executive checkup packages from Manila Doctors Hospital. Metrobank is currently the Philippines’ largest bank in terms of assets, with consolidated resources of P677.96 billion for the period ending March 2008.  The bank recorded a consolidated net income of P1.76 billion in the first quarter of the year. 

Its Trust Banking group reported a 30-percent growth in assets under management to P143 billion in 2007.

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Metrobank taps personal finance, opens advice counter

METROPOLITAN Bank and Trust Co. (Metrobank) is tapping the personal finance advisory market by launching a wealth-management service catering to individuals who wish to have their personal finances assessed and customized to their needs.

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