COVER SHEET

2 0 5 7 3

SEC Registration Number

M E T R O P O L I T A N B A N K & T R U S T C O M P A N Y

(Company’s Full Name)

M e t r o b a n k P l a z a, S e n. G i l J. P u y a t

A v e n u e, 1 2 0 0 M a k a t i C i t y

(Business Address: No. Street City/Town/Province)

SUSAN M. PARAGUYA 898-8784 (Contact Person) (Company Telephone Number)

1 2 3 1 1 7 - C Month Day (Form Type) Month Day

(Fiscal Year) (Annual Meeting)

NONE (Secondary License Type, If Applicable)

Dept. Requiring this Doc. Amended Articles Number/Section Total Amount of Borrowings

Total No. of Stockholders Domestic Foreign

To be accomplished by SEC Personnel concerned

File Number LCU

Document ID Cashier

S T A M P S Remarks: Please use BLACK ink for scanning purposes.

SECURITIES AND EXCHANGE COMMISSION SEC FORM 17-C

CURRENT REPORT UNDER SECTION 17

OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2 (C) THEREUNDER

1. November 3, 2011 Date of Report

2. SEC Identification Number 20573 3. BIR Tax Identification No. 000-477-863-000 4. METROPOLITAN BANK & TRUST COMPANY

Exact name of issuer as specified in its charter 5. Manila 6. (SEC Use Only) Province, country or other Industry Classification Code: jurisdiction of incorporation 7. Metrobank Plaza, Sen. Gil J. Puyat Ave., Makati City 1200 Address of principal office Postal Code 8. (02) 898-8000

Issuer’s telephone number, including area code 9. N.A.

Former name or former address, if changed since last report 10. Securities registered pursuant to Sections 8 and 12 of the SRC or Sections 4 and 8 of the

RSA Title of Each Class Number of Shares of Common Stock Outstanding Common Shares 2,111,386,017 11. Indicate the item numbers reported herein:

Item No. 9 – Other Events

We hereby submit a copy of our Balance Sheet and Consolidated Balance Sheet as of September 30, 2011.

Form 2B (Revised March 2008)Balance Sheet

(Head Office and Branches)

Control Prooflist

METROPOLITAN BANK & TRUST COMPANY(Name of Bank)

As of September 30, 2011

Account Description Amount

A S S E T S

Cash and Cash Items P 10,927,109,363.61Due from Bangko Sentral ng Pilipinas 182,712,457,640.66Due from Other Banks 18,785,505,673.50Financial Assets at Fair Value through Profit or Loss 9,421,719,405.85Available-for-Sale Financial Assets-Net 53,451,706,450.01Held-to-Maturity (HTM) Financial Assets-Net 26,486,172,049.13Unquoted Debt Securities Classified as Loans-Net 5,000,768,152.32Investments in Non-Marketable Equity Security-Net 164,251,221.09Loans and Receivables-Net 322,224,675,897.59 Loans to Bangko Sentral ng Pilipinas 0.00 Interbank Loans Receivable 6,197,308,496.48 Loans and Receivables - Others 314,632,005,198.42 Loans and Receivables Arising from RA/CA/PR/SLB 4,300,000,000.00 General Loan Loss Provision 2,904,637,797.31Other Financial Assets 3,312,350,070.51Equity Investment in Subsidiaries, Associates and Joint Ventures-Net 37,364,276,413.63Bank Premises, Furniture, Fixture and Equipment-Net 9,806,387,369.36Real and Other Properties Acquired-Net 12,216,698,263.95Non-Current Assets Held for Sale 0.00Other Assets-Net 28,565,064,934.95Net Due from Head Office/Branches/Agencies (Philippine branch of a foreign bank) 0.00

TOTAL ASSETS P 720,439,142,906.16

L I A B I L I T I E S

Financial Liabilities at Fair Value through Profit or Loss P 3,190,257,617.80Deposit Liabilities 559,595,806,697.11Due to Other Banks 0.00Bills Payable 5,372,930,620.12 a) BSP (Rediscounting and Other Advances) 197,618,772.00 b) Interbank Loans Payable 5,168,915,419.45 c) Other Deposit Substitute 0.00 d) Others 6,396,428.67Bonds Payable-Net 0.00Unsecured Subordinated Debt-Net 18,432,371,563.58Redeemable Preferred Shares 0.00Special Time Deposit 0.00Due to Bangko Sentral ng Pilipinas 0.00Other Financial Liabilities 5,543,530,428.01Other Liabilities 29,758,156,991.80Net Due to Head Office/Branches/Agencies (Philippine branch of a foreign bank) 0.00

TOTAL LIABILITIES P 621,893,053,918.42

Stockholders' Equity

Capital Stock P 55,598,801,199.81Other Capital Accounts 16,678,844,652.17Retained Earnings 26,268,443,135.76Assigned Capital 0.00

TOTAL STOCKHOLDERS' EQUITY P 98,546,088,987.74

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY P 720,439,142,906.16

CONTINGENT ACCOUNTS

Guarantees Issued P 3,165,150,142.95Financial Standby Letters of Credit 43,720,000.00Performance Standby Letters of Credit 11,381,394,720.22Commercial Letters of Credit 7,629,374,104.16Trade Related Guarantees 2,426,151,704.58Commitments 5,737,698,382.49Spot Foreign Exchange Contracts 15,230,155,332.43Securities Held Under Custodianship by Bank Proper 0.00Trust Department Accounts 349,065,983,641.35 a) Trust and Other Fiduciary Accounts 151,205,502,158.69 b) Agency Accounts 197,860,481,482.66 c) Advisory/Consultancy 0.00Derivatives 423,665,409,026.33Others 6,731,995,394.68

TOTAL CONTINGENT ACCOUNTS P 825,077,032,449.19

ADDITIONAL INFORMATION

Non-Performing Loans (NPLs) P 5,237,059,619.25Ratio of Non-Performing Loans to Total Loan Portfolio (NPL to TLP) 1.59Classified Loans & Other Risk Assets 23,156,886,105.63Specific provision for loan losses 4,738,459,645.22Return on Equity (ROE) 12.74DOSRI loans and receivables 14,096,191,617.34Past due DOSRI loans and receivables 0.00Ratio of past due DOSRI loans and receivables to TLP 0.00Compliance with Magna Carta: a. 8% for Micro and Small Enterprises 7.08 b. 2% for Medium Enterprises 9.69Capital Adequacy Ratio (CAR on Solo Basis) under Circular No. 538 or Circular No. 280, as applicable a. Total CAR 14.58 b. Tier 1 CAR 13.78Deferred Charges not yet Written Down 0.00Unbooked Allowance for Probable Losses on Financial Instruments Received 0.00

Form 2B.1 (Revised March 2008)Consolidated Balance Sheet

(Bank and Financial Subsidiaries)

Control Prooflist

METROPOLITAN BANK & TRUST COMPANY(Name of Bank)

As of September 30, 2011

Account Description Amount

A S S E T S

Cash and Cash Items P 13,858,349,953.65Due from Bangko Sentral ng Pilipinas 192,329,938,061.84Due from Other Banks 36,799,851,614.95Financial Assets at Fair Value through Profit or Loss 12,336,915,746.56Available-for-Sale Financial Assets-Net 88,580,164,376.85Held-to-Maturity (HTM) Financial Assets-Net 56,483,125,935.86Unquoted Debt Securities Classified as Loans-Net 14,492,866,189.32Investments in Non-Marketable Equity Security-Net 629,478,490.08Loans and Receivables-Net 419,824,197,274.90 Loans to Bangko Sentral ng Pilipinas 0.00 Interbank Loans Receivable 4,581,298,502.76 Loans and Receivables - Others 409,248,266,143.94 Loans and Receivables Arising from RA/CA/PR/SLB 10,120,000,000.00 General Loan Loss Provision 4,125,367,371.80Other Financial Assets 5,451,669,312.95Equity Investment in Subsidiaries, Associates and Joint Ventures-Net 15,980,453,834.43Bank Premises, Furniture, Fixture and Equipment-Net 13,350,682,856.61Real and Other Properties Acquired-Net 14,211,060,520.14Non-Current Assets Held for Sale 162,860,212.01Other Assets-Net 33,332,824,401.61Net Due from Head Office/Branches/Agencies (Philippine branch of a foreign bank) 0.00

TOTAL ASSETS P 917,824,438,781.76

L I A B I L I T I E S

Financial Liabilities at Fair Value through Profit or Loss P 3,443,484,681.21Deposit Liabilities 657,422,511,458.66Due to Other Banks 0.00Bills Payable 90,008,612,610.24 a) BSP (Rediscounting and Other Advances) 197,618,772.00 b) Interbank Loans Payable 6,742,265,732.44 c) Other Deposit Substitute 70,869,434,137.96 d) Others 12,199,293,967.84Bonds Payable-Net 0.00Unsecured Subordinated Debt-Net 19,724,979,388.84Redeemable Preferred Shares 0.00Special Time Deposit 0.00Due to Bangko Sentral ng Pilipinas 0.00Other Financial Liabilities 9,064,303,794.34Other Liabilities 33,892,812,548.64Net Due to Head Office/Branches/Agencies (Philippine branch of a foreign bank) 0.00

TOTAL LIABILITIES P 813,556,704,481.93

Stockholders' Equity

Capital Stock P 55,598,801,199.81Other Capital Accounts 16,678,844,652.17Retained Earnings 26,268,443,135.76Assigned Capital 0.00Minority Interest in Subsidiaries 5,721,645,312.09

TOTAL STOCKHOLDERS' EQUITY P 104,267,734,299.83

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY P 917,824,438,781.76

CONTINGENT ACCOUNTS

Guarantees Issued P 3,165,150,142.95Financial Standby Letters of Credit 156,862,563.00Performance Standby Letters of Credit 11,381,394,720.22Commercial Letters of Credit 7,794,711,265.71Trade Related Guarantees 2,472,492,126.49Commitments 53,467,404,053.60Spot Foreign Exchange Contracts 15,579,915,332.43Securities Held Under Custodianship by Bank Proper 0.00Trust Department Accounts 350,278,261,120.24 a) Trust and Other Fiduciary Accounts 151,918,869,243.65 b) Agency Accounts 198,359,391,876.59 c) Advisory/Consultancy 0.00Derivatives 437,081,240,786.33Others 11,441,994,099.46

TOTAL CONTINGENT ACCOUNTS P 892,819,426,210.43

ADDITIONAL INFORMATION

1. List of Bank's Financial Subsidiaries 1. First Metro Investment Corporation 2. Philippine Savings Bank 3. Metropolitan Bank (China) Ltd. 4. Metrobank Card Corporation (A Finance Company) 5. ORIX Metro Leasing and Finance Corporation 6. Metrobank (Bahamas) Limited [formerly Metropolitan Bank (Bahamas), Limited] 7. First Metro International Investment Company Limited 8. Metro Remittance (Hong Kong) Limited [formerly MB Remittance Centre (Hong Kong) Ltd.] 9. Metro Remittance Singapore Pte. Ltd. 10. Metro Remittance (USA), Inc. [formerly Metro Remittance Center (California), Inc.] 11. Metro Remittance Center, S.A. 12. Metro Remittance (Italia), S.p.A. 13. Metro Remittance (UK) Limited 14. Metro Remittance Center, Inc. 15. MBTC Remittance GmbH, Vienna 16. Philbancor Venture Capital Corporation2. Capital Adequacy Ratio (CAR on Consolidated Basis) under Circular No. 538 a. Total CAR 16.87 b. Tier 1 CAR 13.20