Media

Metrobank Group Chairman Dr. George S.K. Ty Pledges One Billion to Support Social Development Projects: 200 Million Alloted to Support New Programs of the Metrobank Foundation

Metrobank Group chairman and founder Dr. George S.K. Ty pledged a donation of One Billion pesos (equivalent to approximately 25 million U.S. dollars or 150 million Renminbi) within a period of five years. Alfred Ty, in behalf of the Ty family, turned over the first 200 Million pesos check donation to the GT-Metro Foundation (GTMF), the Ty family foundation, which will support its philanthropic undertakings specifically on the fields of health, environment and environmental health.
In response to the continuing need for humanitarian assistance for our people who are victims of current and future natural calamities, the first 100 million pesos will be allocated to the GT- Metro Foundation Calamity Assistance Fund. The announcement was made during the Metrobank 50th Anniversary Cocktails on September 5, 2012 at the Makati Shangri-La in Makati City. 
“With this generous pledge of donation of P1 billion, we feel even more committed to ensure that we channel the philanthropy of the Ty family towards initiatives that are relevant to the priority needs of our nation,” said GTMF executive director and Metrobank Foundation president Aniceto M. Sobrepeña. “With these fresh funds given to the Metrobank Group’s various CSR initiatives, we are certain that we shall truly live up to our mission to be not only the most trusted bank in the Philippines but also a bank with a heart,” he continued.
GTMF, incorporated on October 7, 2009, currently runs various health programs that seek to enable access to health care services among the poor and the disadvantaged. One of these is the “Health Equity through Access to Life Services or HEALS,” which seeks to contribute to the government’s universal health care agenda through sustained PhilHealth memberships that will help protect the health of some tricycle drivers and their families in Pasay City. Another advocacy is the promotion of healthy lifestyle to help lessen the morbidity of the so-called silent but deadly Non-Communicable Diseases (NCDs) which will be implemented in the coming years. GTMF shall also establish a grants facility to benefit future social development partners specifically on the provision of health care services to the poorest of the poor as well on the protection of the environment.
Meanwhile, Metrobank, on its 50th anniversary, has allocated another 200 million pesos to support the launch of new programs of the Metrobank Foundation. One of which is a recognition program— the “Journalists of the Year” or JOY Awards which celebrates excellence in journalists in partnership with Probe Media Foundation, Inc. It will recognize the country’s distinctive journalists who have produced quality work and can be upheld as role models in their field.

Another program is the re-launch of the Foundation’s scholarship programs to cater to financially-challenged yet excellent students—ACCESS II (Assistance for the Completion of College Education for Superior Students) in partnership with select private and state universities in the country; MBFI-MTC (Manila Tytana Colleges) College Scholarship Program; and SAGE II (Share a Gift of Education) in cooperation with the Federation of Filipino-Chinese Chambers of Commerce and Industry. A financial inclusion program to benefit overseas Filipino workers and their families is also in the pipeline. It will be held in partnership with Alalay sa Kaunlaran , Inc. (ASKI), one of the leading microfinance institutions in the country, where 12 million pesos will be allotted to train 400 OFWs in Singapore and their family members in the Philippines. It will also cover the publication of inspiring stories of Outstanding Filipinos honored by the Foundation since 1984 called the “Metrobank Foundation Exemplars” and the Metrobank Art & Design Excellence (MADE) book entitled, “MADE of Gold.”