{{Short description|Filipino banker and business magnate}} {{family name hatnote|Ty|lang=Chinese}} {{Use dmy dates|date=January 2015}} {{Infobox person | name = George Ty | honorific_suffix = {{post-nominals |list= GCrL}} | native_name = {{nobold|鄭少堅}} | native_name_lang = zh | image = George Siao Kian Ty - September 12, 2016 (cropped).jpg | image_size = | caption = Ty in September 2016 | birth_date = {{birth date|df=y|1932|10|18}} | birth_place = British Hong Kong | death_date = {{death date and age|2018|11|23|1932|10|18|df=y}} | death_place = Manila, Philippines | education = University of Santo Tomas (dropped out) | known_for = Founder and chairman of Metrobank<ref>{{cite web |title=Board of Directors |url=https://www.metrobank.com.ph/about.asp |website=Metrobank webpage |access-date=15 June 2018 |archive-date=31 December 2013 |archive-url=https://web.archive.org/web/20131231194816/http://www.metrobank.com.ph/about.asp |url-status=dead }}</ref><br> Chairman Emeritus of GT Capital Holdings, Inc.<ref>{{cite web |title=Board of Directors |url=https://www.gtcapital.com.ph/board-of-directors/dr-george-s-k-ty |website=GT Capital Holdings, Inc. webpage |access-date=15 June 2018}}</ref> | spouse = Mary Vy | parents = | children = 5<ref name=Forbes>{{cite web |title=George Ty |url=https://www.forbes.com/profile/george-ty/ |website=Forbes |access-date=23 June 2017}}</ref> | relatives = | website = }}
'''George Siao Kian Ty''' {{Post-nominals|post-noms= OL}} ({{lang-zh|t=鄭少堅|p=Zhèng Shàojiān|poj=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. 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.
==Early life and education== He was born to Norberto Ty and Victoria Ty-Tan. His father, Norberto, founded Wellington Flour Mills.<ref name="Metrobank">{{cite web |url=https://www.rappler.com/brandrap/finance-and-industries/225051-george-ty-persistence-metrobank-banking-license/ |title=How persistence got Metrobank its own banking license |date=11 March 2019 |website=Rappler |access-date=10 August 2023}}</ref>
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.<ref>{{cite web |last=Lee Flores |first=Wilson |url=https://www.philstar.com/lifestyle/sunday-life/2014/08/10/1355692/after-60-years-dr-george-s-k-ty-returns-alma-mater-ust-receive-degree |title=After 60 years, Dr. George S. K. Ty returns to alma mater UST to receive degree |date=10 August 2014 |publisher=The Philippine Star |access-date=10 August 2023}}</ref>
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.<ref>{{cite web |url=https://varsitarian.net/news/20181124/thomasian-banking-tycoon-george-ty-86 |title=Thomasian banking tycoon George Ty, 86 |date=24 November 2018 |website=The Varsitarian |publisher=University of Santo Tomas |access-date=10 August 2023}}</ref>
==Business career== In 1962, he founded Metrobank, together with Emilio Abello, Pio Pedrosa and Placido Mapa Sr.<ref name="Metrobank" /> Metrobank opened its first branch in 1963 and its first international branch in Taipei, Taiwan, in 1970.<ref name="Metrobank" /> The subsidiaries of the company includes Toyota Motor Philippines Corporation, Philippine Savings Bank, SMBC Metro Investment Corporation, and Philippine AXA Life Insurance Corporation.<ref name="Metrobank" />
He also founded GT Capital Holdings Inc. in 2007,<ref>{{Cite web |url=http://edge.pse.com.ph/companyInformation/form.do?cmpy_id=633 |title=Company Information: GT Capital Holdings, Inc.|website=PSE Edge |access-date=10 August 2023}}</ref> a holdings company which has business interests in auto dealership, banking, insurance, power and real estate.
==Death== Ty died on November 23, 2018, due to pancreatic cancer.<ref name="Metrobank" />
== Honors== *45px: Order of Lakandula, Grand Cross – (June 4, 2010)<ref>{{cite web |url=https://www.officialgazette.gov.ph/the-order-of-lakandula/ |title=The Order of Lakandula |website=Official Gazette of the Republic of the Philippines |access-date=10 August 2023}}</ref>
==References== {{reflist}}
{{Order of Lakandula recipients}}
{{DEFAULTSORT:Ty, George}} Category:1932 births Category:2018 deaths Category:Deaths from pancreatic cancer in the Philippines Category:Filipino bankers Category:Filipino billionaires Category:Filipino chief executives Category:Filipino company founders Category:Filipino people of Chinese descent Category:Grand Crosses of the Order of Lakandula Category:Hong Kong business executives Category:Hong Kong emigrants to the Philippines Category:Naturalized citizens of the Philippines Category:Businesspeople from Manila Category:University of Santo Tomas alumni