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Ayala Land signs P15-billion 10-year loan with Metrobank

January 23, 2024
2023.01.06 PR Ayala Land signs P15 billion 10 year loan with Metrobank

In the photo from left are: Metropolitan Bank and Trust Co. (Metrobank) Executive Vice President and Institutional Banking Sector Head Mylene A. Caparas, Metrobank President Fabian S. Dee, Ayala Land, Inc. (ALI) President and CEO Anna Ma. Margarita B. Dy and ALI Senior Vice President, Chief Finance Officer, Treasurer, and Chief Compliance Officer Augusto D. Bengzon.

Makati City — Ayala Land, Inc. (ALI) and Metropolitan Bank & Trust Co. (Metrobank) have further strengthened their long-standing alliance through the successful execution of a 10-year loan amounting to P15 billion. Metrobank has solidified its position as the second largest lender to Ayala Land group, accounting for 23% of the company's overall bank debt.This substantial financing facility from Metrobank has played a pivotal role in fueling ALI's remarkable growth trajectory. Since 2008, the Metrobank group has been very supportive in facilitating fundraising activities amounting to an impressive P200 billion.ALI's President and CEO, Anna Ma. Margarita B. Dy expressed gratitude to MBTC for their instrumental role in ALI's growth, “Metrobank has been instrumental in ALI’s growth - from an income base of less than P5-billion in 2008 to more than 4 times that today… for all the confidence and support to ALI throughout the decades, including the difficult years of the pandemic - thank you very much to Metrobank,” she said.The strategic collaboration between ALI and Metrobank has not only strengthened their respective positions in the market but has also fostered sustainable development within the industry. ALI, as a leading master-planned property developer, is committed to creating vibrant and thriving economic centers that enhance lives and environments. With Metrobank's support, ALI can continue to deliver high-quality developments that contribute to the overall progress of the country.For his part, Metrobank President Fabian S. Dee also emphasized the longstanding and cherished relationship between the Bank and ALI, which has spanned for over two decades, “This deal reflects how confident we are with our partners at Ayala Land.” He also expressed gratitude for the strong bond between the two groups, built on mutual respect and a shared commitment to excellence.Dee acknowledged the consistently positive outcomes and the exceptional sustainability of ALI's projects, “Your developments and the sustainability of your projects are always top-notch. Thank you for giving Metrobank this opportunity to once again be your partner in building more communities,” he said.As an industry leader with a proven track record, ALI remains dedicated to its mission of providing exceptional real estate solutions that meet the evolving needs of its customers. By aligning itself with reputable partners like Metrobank, they are able to leverage each other's expertise and resources to drive innovation and achieve even greater milestones. With this latest milestone, both ALI and Metrobank are poised for continued success and mutually beneficial partnerships in the years ahead. As they forge ahead on their shared journey, they remain steadfast in their commitment to sustainable development, economic progress, and enhancing the lives of the communities they serve.

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