The Yuchengco Group’s Rizal Commercial Banking Corporation (RCBC) has teamed up with a Japanese global IT and fintech company Digital Wallet Corporation (DWC) to enhance the facilitation of cross-border digital transactions between the Philippines and Japan. In a statement, RCBC First...
As the government cannot provide viable ‘quick fixes’ to the country’s shaky power supply situation, Luzon grid will have to increase its dependency on the interruptible load program (ILP) which is underpinned by the switch-on of generating sets (gensets) of big-ticket customers that are...
Yuchengco-led Rizal Commercial Banking Corporation (RCBC) is eyeing a 27 percent growth in its consumer loan portfolio to P160 billion this year from P126 billion in 2023. In a statement, RCBC Consumer Lending Group (CLG) Head Ramil De Villa said he is confident in achieving the growth targets with...
As it is becoming apparent that the government may have been failing on its projection of ‘no red alert’ and sufficient power supply within the stretch of the summer months, the Department of Energy (DOE) is appealing to the industrial and commercial end-users in particular to pare their...
The Yuchengco Group’s Rizal Commercial Banking Corporation (RCBC), through RCBC Credit Cards, has teamed up with Sumitomo Mitsui Financial Group, Inc. (SMBC Group) to provide RCBC Credit Card Mastercard and Visa premium cardholders access to 49 Lounges at 34 Airports in Japan. In a statement,...
Flourishing solar power developer giant Citicore Renewable Energy Corporation (CREC) has secured P9.0 billion worth of loans from Yuchengco-led Rizal Commercial Banking Corp (RCBC) with an option to increase it to P20 billion; and that will be funneled mainly for the commercial development of its...
Robinsons Land Corporation (RLC), the property development arm of the Gokongwei Group, has reduced its stake in RL Commercial REIT Inc. (RCR) to 50.05 percent after selling a 16 percent interest for P8.49 billion. The firm disclosed to the Philippine Stock Exchange (PSE) that it has completed the...
The Yuchengco Group’s Rizal Commercial Commercial Banking Corporation has declared cash dividends amounting to P2.45 billionn to shareholders as of the record date of April 12, 2024. In a disclosure to the Philippine Stock Exchange, the bank said the cash dividend is equivalent to P1.014 per...
The Lopez Group’s Rockwell Land Corporation has recently obtained P10 billion in financing from the Philippine National Bank (PNB) and Rizal Commercial Banking Corporation (RCBC). In a disclosure to the Philippine Stock Exchange, the firm said it has secured a P5-billion term loan facility of up...
The Yuchengco Group’s Rizal Commercial Banking Corporation (RCBC) has amended its Sustainable Finance Framework to align with current global standards. In a disclosure to the Philippine Stock Exchange (PSE), the bank its amended framework follows the Securities and Exchange Commission (SEC)...
Rizal Commercial Banking Corporation (RCBC) of the Yuchengco group reported that its consolidated net income inched up by one percent to an all-time high of P12.22 billion last year. In a disclosure to the Philippine Stock Exchange (PSE), the bank said it hit a record high profit as customer...
Green solution is in for Pampanga-based firm Laus Group of Companies (LGC) as it is now embracing the ‘power of the sun’, in sustaining its ‘prosumer’ journey to satiate the electricity requirements of its corporate buildings, while also locking in cost savings. Through a partnership with...
