{"id":49099,"date":"2019-10-21T07:00:27","date_gmt":"2019-10-20T23:00:27","guid":{"rendered":"https:\/\/primer.com.ph\/blog\/?p=49099"},"modified":"2019-10-21T14:19:27","modified_gmt":"2019-10-21T06:19:27","slug":"metrobank-signs-strategic-partnership-with-top-south-korean-bank","status":"publish","type":"post","link":"https:\/\/primer.com.ph\/blog\/2019\/10\/21\/metrobank-signs-strategic-partnership-with-top-south-korean-bank\/","title":{"rendered":"Metrobank Signs Strategic Partnership with Top South Korean Bank"},"content":{"rendered":"<p style=\"text-align: justify\"><span style=\"font-weight: 400\"><strong>Metropolitan Bank &amp; Trust Co. (Metrobank)<\/strong> forms a strategic partnership with <strong>South Korea\u2019s Shinhan Bank,<\/strong> which aims to explore possible business opportunities within both countries using the networks of both companies.<\/span><\/p>\n<p style=\"text-align: center\"><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-49100\" src=\"https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2019\/10\/Metrobank-signs-strategic-partnership-with-top-South-Korean-bank.jpg\" alt=\"\" width=\"630\" height=\"442\" srcset=\"https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2019\/10\/Metrobank-signs-strategic-partnership-with-top-South-Korean-bank.jpg 630w, https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2019\/10\/Metrobank-signs-strategic-partnership-with-top-South-Korean-bank-300x210.jpg 300w\" sizes=\"auto, (max-width: 630px) 100vw, 630px\" \/><span style=\"font-size: 10pt\"><em><span style=\"font-weight: 400\">Metrobank Corporate Banking Group Head Antonio R. Ocampo, Jr. (3<\/span><span style=\"font-weight: 400\">rd<\/span><span style=\"font-weight: 400\"> from left) executed the Agreement with Shinhan Bank Deputy CEO Ji-Ho Jeong (2<\/span><span style=\"font-weight: 400\">nd<\/span><span style=\"font-weight: 400\"> from left). Also present during the signing ceremony are Metrobank Seoul Branch General Manager Andrew Lee (extreme right) and Shinhan Bank\u2019s Head of Global Business Division, YongHoon Roh (extreme left).<\/span><\/em><\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">As the first and only MOU between Shinhan Bank and a Philippine bank, this agreement facilitates further collaboration on transaction banking and trade finance, improved risk management through information exchange, mutual liquidity support, and overseas remittances.\u00a0<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">Through this strategic partnership, opportunities to generate synergies between South Korea and the Philippines are expected to arise. Significantly this also marks the 70th anniversary of diplomatic relations between the two countries. <\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">This allows Metrobank to extend its meaningful banking services to an extensive global network.<\/span><\/p>\n<p style=\"text-align: justify\"><span style=\"font-weight: 400\">The Korea-based financial institution operates in the country through its branch office situated in Manila. Similarly, the Best Managed Bank in the Philippines has two fully licensed branches located in South Korea.<\/span><\/p>\n<p style=\"text-align: justify\"><em>Also read:<\/em><br \/>\n<em><a href=\"https:\/\/primer.com.ph\/blog\/2019\/07\/25\/metrobank-launches-meaningful-banking-campaign\/\" target=\"_blank\">Metrobank Launches Meaningful Banking Campaign<\/a><br \/>\n<a href=\"https:\/\/primer.com.ph\/blog\/2019\/09\/16\/metrobank-celebrates-57-years-of-meaningful-banking\/\" target=\"_blank\">Metrobank Celebrates 57 Years of Meaningful Banking<\/a><br \/>\n<\/em><\/p>\n<hr \/>\n<p style=\"text-align: justify\"><em><span style=\"font-size: 10pt\">This is a press release. Minor edits were made prior to publishing.<br \/>\nImage courtesy of Metrobank.<\/span><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Metrobank forms a strategic partnership with South Korea\u2019s Shinhan Bank to explore possible business opportunities within both countries.<\/p>\n","protected":false},"author":3,"featured_media":49101,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[94],"tags":[11213,1011,11215,11214,9326,11210,11211,11212],"class_list":["post-49099","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press-release","tag-korea-based-financial-institution","tag-metrobank","tag-metrobank-news","tag-metrobank-partnership","tag-metropolitan-bank-trust-co","tag-shinhan-bank","tag-south-koreas-shinhan-bank","tag-south-korean-bank"],"acf":[],"jetpack_featured_media_url":"https:\/\/primer.com.ph\/blog\/wp-content\/uploads\/sites\/14\/2019\/10\/metrobank.jpg","_links":{"self":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/49099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/comments?post=49099"}],"version-history":[{"count":7,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/49099\/revisions"}],"predecessor-version":[{"id":49283,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/posts\/49099\/revisions\/49283"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/media\/49101"}],"wp:attachment":[{"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/media?parent=49099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/categories?post=49099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/primer.com.ph\/blog\/wp-json\/wp\/v2\/tags?post=49099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}