MANILA, Philippines — Metropolitan Bank and Trust Co. (Metrobank) and Ogaki Kyoritsu Bank Ltd. (OKB) of Japan recently co-hosted a seminar on the changing business landscape in the Philippines.
“The bank’s commitment has always been to strengthen the Philippines-Japan economic relations and to facilitate the entry of Japanese investments into the country. Through this joint initiative, we are able to provide sound financial advice to this market segment and help them navigate through the ever-changing business environment. We hope that the participants learned as well on how Metrobank can provide them with a more meaningful banking experience” said Metrobank SVP and head of Corporate Banking Group Antonio Ocampo Jr.
With experts from SyCip Gorres Velayo and Co. and Global Innovation Consulting, 35 guests from 32 companies learned about the latest accounting and tax situation in the Philippines, and business opportunities and risks associated with the implementation of Japan’s Revised Immigration Control Law.
Metrobank’s partnership with OKB dates back to 2013 when multiple Japanese financial institutions entered into various business collaboration agreements with the Bank, in support of their clients’ expansion strategies. The Asian Banker’s “Best Managed Bank in the Philippines” currently has partnerships with over 60 Japanese regional banks.