George Ty
Photo: TOTO LOZANO/PPD, Public domain, via Wikimedia Commons13

George Ty

Filipino banker and business magnate

George Siao Kian Ty (Chinese: 鄭少堅; pinyin: Zhèng Shàojiān; Pe̍h-ōe-jī: Tīⁿ Siáu-kian 18 October 1932 – 23 November 2018) was a Filipino banker and business magnate. He founded Metropolitan Bank and Trust Company, the second largest bank in both assets and capital in the Philippines.2

From Wikipedia’s article on George Ty (this version), CC BY-SA 4.0.

Born Oct 18, 1932, died Nov 23, 2018.1

About

He owned stakes in Federal Land, Inc., the Bank of the Philippine Islands and Philippine Savings Bank, a Metrobank subsidiary. Ty was the owner of the G.T. International Tower in Makati.

From Wikipedia’s article on George Ty, shared under CC BY-SA 4.0.2

Companies

Early life and education

  • Date not recordedUniversity of Santo Tomas3

He was born to Norberto Ty and Victoria Ty-Tan. His father, Norberto, founded Wellington Flour Mills.

He attended the University of Santo Tomas, where he enrolled his bachelor's degree in commerce in 1955, but he later stopped his studies, to help his father in their flour mill business.

Because of his philanthropy and contributions in banking industry, his alma mater conferred him an honorary doctorate in humanities, Honoris Causa, on August 7, 2014.

From Wikipedia’s article on George Ty (this version), CC BY-SA 4.0.

Career

Occupation: entrepreneur, banker.6

In 1962, he founded Metrobank, together with Emilio Abello, Pio Pedrosa and Placido Mapa Sr. Metrobank opened its first branch in 1963 and its first international branch in Taipei, Taiwan, in 1970. The subsidiaries of the company includes Toyota Motor Philippines Corporation, Philippine Savings Bank, SMBC Metro Investment Corporation, and Philippine AXA Life Insurance Corporation.

He also founded GT Capital Holdings Inc. in 2007, a holdings company which has business interests in auto dealership, banking, insurance, power and real estate.

From Wikipedia’s article on George Ty (this version), CC BY-SA 4.0.

Personal life

  • BornOct 18, 1932, Hong Kong7
  • DiedNov 23, 2018, Manila8
  • CitizenshipPhilippines9
  • Children510