Yuchengco-led Rizal Commercial Banking Corporation (RCBC) plans to raise fresh funds through a benchmark-sized offering of US-dollar senior unsecured sustainability notes via a drawdown under its $4 billion Medium Term Note Program. In a disclosure to the Philippine Stock Exchange, the bank said it...
RCBC Executive Vice President and Chief Innovations and Inclusion Officer Lito Villanueva shares insights on leveraging technology and partnerships to strengthen digital trust and combat cyber threats during the expert panel at the Digital Nation Summit, held at Bonifacio Hall, The Fort, Manila....
The peso appreciated against the US dollar for the second consecutive day on Wednesday, Dec. 4, closing at a one-month high of 58.23, primarily driven by the expected surge in overseas remittances leading up to the Christmas holidays. The peso's closing rate jumped from the previous day's close of...
Eugene S. Acevedo, president and chief executive officer of Rizal Commercial Banking Corp. (RCBC), recently became a two-time author with the launch of his second book, "Reinvent and Outperform: Becoming a Better Leader." The event was graced by no less than the bank's chairman, Helen Y. Dee, the...
The Yuchengco Group’s Rizal Commercial Banking Corporation (RCBC) posted a 31 percent drop in unaudited consolidated net income to P6.2 billion for the first nine months of 2024 from the P9.03 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the...
Low-cost Asian manufacturers may benefit from Donald Trump's forthcoming return to White House, despite the likelihood of weaker Asian currencies, including the Philippine peso, according to the think tank Capital Economics. “Asian currencies have depreciated against the US dollar since the...
Homegrown instant payment systems provider Higala Group Inc. has partnered with Yuchengco-led Rizal Commercial Banking Corp. (RCBC) to roll out the SynerFi platform for small lenders’ digital transactions in the countryside. SynerFi’s open-payments infrastructure grants customers of rural banks...
Robinsons Land Corporation (RLC) achieved a 13 percent growth in net income to P10.01 billion in the first nine months of 2024, from P8.84 billion in the same period last year, driven by the company's investment in properties. In a disclosure to the Philippine Stock Exchange (PSE), the firm said...
Yuchengco-led Rizal Commercial Banking Corporation (RCBC) is raising fresh funds from overseas with the $1 billion increase in its Medium Term Note Programme from $3 billion to $4 billion. In a disclosure to the Philippine Stock Exchange, the bank said that, together with the increase in its MTNP,...
The Gokongwei Group’s real estate unit Robinsons Land Corporation has raised P1.87 billion from the sale of a two percent stake in its real estate investment trust RL Commercial REIT, Inc. (RCR). In a disclosure to the Philippine Stock Exchange, RLC said it has completed the overnight block...
The Gokongwei Group’s Robinsons Land Corporation (RLC) is investing P3.5 billion this quarter to acquire land for an integrated development in Taguig City. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the investment will be reallocated from funds it raised from the...
Rizal Commercial Banking Corporation of the Yuchengco Group has launched RCBC Pay, another payment solution that allows RCBC Mastercard credit cardholders to make secure, contactless payments using their NFC-compatible Android smartphones. RCBC Pay leverages advanced Near Field Communication...
