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Metrobank's joint venture with ANZ was formed in 2003. Since then, MCC has become a leading provider of credit cards in the Philippines, with more than 1.5 million cards based from the data of the Credit Card Association of the Philippines (CCAP). MCC reported total assets of ₱60.4 billion and a return on average equity of 36.3 percent.
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Rank Bank name Assets (millions of PHP) Asset change Rank change 1 BDO Network Bank, Inc. 87,679.80: 2 EastWest Rural Bank, Inc. (EWRB) 24,282.73
MetroCorp Bancshares, Inc. (MetroCorp, Nasdaq: MCBI) was an American banking corporation headquartered in Chinatown and in Greater Sharpstown in Houston, Texas. MetroCorp, first incorporated in 1998, was an overseas Chinese bank holding company for two overseas Chinese banks in the United States: MetroBank National Association (MetroBank, simplified Chinese: 首都银行; traditional Chinese ...
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Management buyout. A management buyout (MBO) is a form of acquisition in which a company's existing managers acquire a large part, or all, of the company, whether from a parent company or individual. Management - and/or leveraged buyouts became noted phenomena of 1980s business economics. These so-called MBOs originated in the US, spreading ...
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