Japanese regional banks have selected Metropolitan Bank and Trust Co. (Metrobank) to be its partner bank in the Philippines in serving its small and medium enterprise (SME) clients.
In a statement, Metrobank said that the recently concluded Japan Bank for International Cooperation (JBIC) Roadshow in Japan initiated a series of cooperation agreements wherein 35 Japanese regional banks have agreed to become part of the Metrobank roster of partner banks under the JBIC arrangement.
“We are very honored to have been chosen by the various Japanese banks to be their partner in the Philippines,” said Anthony Ocampo, Metrobank senior vice president for Corporate Banking Group.
In the JBIC Program, Metro-bank will serve as the Philippine counterpart of the Japanese Regional Banks to serve its Japanese SME clients for their local operations or expansion plans.
Metrobank said that its expertise in the Philippine business landscape can provide financial advice and local insight for the Japanese enterprises, and assist them in their requirements such as access to financing and open accounts in the local currency through Metrobank’s expansive network in the country.
“Through our dedicated Japan desk, we are very confident that we are able to meet the needs of their Japanese clients so they can conduct their local operations and expansions with ease,” Ocampo added.
Metrobank is the country’s premier universal bank with an extensive consolidated network that spans over 830 branches and 1,800 automated teller machines nationwide, and 33 foreign branches, subsidiaries and representative offices.