Metrobank allocates P5B for 2025 capex

Metropolitan Bank & Trust Co. (Metrobank) will allocate up to P5 billion for capital expenditure this year, with 70 percent of the budget dedicated to information technology enhancements.

- By KEISHA TA-ASAN

The bank's commitment to digital transformation underscores its focus on improving operational efficiency and customer experience in an increasingly digital financial landscape.

"For the year 2025, the bank estimates to incur capital expenditures of about P3 billion to P5 billion, of which 70 percent is estimated to be incurred for information technology," Metrobank said in its information statement for its upcoming annual stockholders' meeting.

Recognizing the evolving digital and regulatory landscape, Metrobank said it would make substantial investments in IT to enhance security, optimize processes and strengthen risk management.