Philippine Time: 03:18 PM    |   April 24, 2017

History

GT CAPITAL HOLDINGS, INC. (GT Capital) traces its history to Metropolitan Bank and Trust Company (Metrobank), one of the Philippines’ largest banks. Dr. George S.K. Ty founded Metrobank in 1963, initially to serve the Chinese-Filipino community. Key non-banking businesses of the Ty family were initially folded into Metrobank, as allowed under what was then known as the universal banking regime. Decades later, in light of more stringent Basel III regulations, GT Capital was formed to assume Metrobank’s non-banking businesses and to function as the Ty family’s official holding company. Today, GT Capital owns market-dominant businesses in five vital high-growth sectors that drive the Philippine economy, namely banking, automotive, infrastructure and utilities, property development, and insurance.