SECURITIES AND EXCHANGE COMMISSIONSEC FORM 17-C

CURRENT REPORT UNDER SECTION 17
OF THE SECURITIES REGULATION CODE
AND SRC RULE 17.2(c) THEREUNDER

1. Date of Report (Date of earliest event reported)

Dec 1, 2017

2. SEC Identification Number

20573

3. BIR Tax Identification No.

000-477-863-000

4. Exact name of issuer as specified in its charter

Metropolitan Bank & Trust Company

5. Province, country or other jurisdiction of incorporation

Metro Manila

6. Industry Classification Code(SEC Use Only)

7. Address of principal office

Metrobank Plaza, Sen Gil Puyat Ave., Urdaneta Village, Makati City Postal Code 1200

8. Issuer's telephone number, including area code

1

9. Former name or former address, if changed since last report

n/a

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 and Amount of Debt Outstanding
Common shares	3,180,172,786

11. Indicate the item numbers reported herein

1

The Exchange does not warrant and holds no responsibility for the veracity of the facts and representations contained in all corporate disclosures, including financial reports. All data contained herein are prepared and submitted by the disclosing party to the Exchange, and are disseminated solely for purposes of information. Any questions on the data contained herein should be addressed directly to the Corporate Information Officer of the disclosing party.

Metropolitan Bank & Trust CompanyMBT

PSE Disclosure Form 4-13 - Clarification of News Reports References: SRC Rule 17 (SEC Form 17-C) and
Section 4.4 of the Revised Disclosure Rules

Subject of the Disclosure
Clarification of News Article

Source	Manila Bulletin
Subject of News Report	BSP suspends 15 Metrobank officials
Date of Publication	Nov 30, 2017

Clarification of News Report
Dear PSE In relation to your query via PSE Edge at 8:33am today, regarding clarification on the Manila Bulletin article Internet Edition on November 30, 2017 (attached): On November 28, 2017, BSP posted a Media Release on their website in relation to results of examination of MBTC’s 1.75B fraud incident. At 10:08am of the same day, MBTC issued a Material Information disclosure via PSE Edge in relation to the Media Release of BSP. While the BSP Media Release indicated that “sanctions imposed ranged from reprimand to suspension of directors and officers”, the individual details of the sanctions were not publicly released by the BSP. We cannot disclose anything beyond the official statement of the BSP. Again we take this opportunity to reiterate that: - MBTC commits to implementing the BSP directives (as outlined in the BSP Media Release) - MBTC assures the public that the bank operations remain business as usual - MBTC reiterates that no customer was affected - The full financial impact was already absorbed in MBTC’s 3Q2017 results - BSP reaffirms the safety and soundness of MBTC Thank you. Very truly yours. Juan Placido Mapa III Head, Investor Relations
Other Relevant Information
Manila Bulletin article attached