VisMin property developer Cebu Landmasters Inc. has beefed up its board of directors by adding two more independent members: former Rizal Commercial Banking Corp. (RCBC) president Eugene Acevedo and outgoing president of University of Asia and the Pacific (UA&P) Dr. Winston Conrad B. Padojinog. ...
The Yuchengco Group’s Rizal Commercial Banking Corporation rode on the strength of its consumer loans and credit card portfolios to grow unaudited consolidated net income by 10 percent to ₱2.43 billion in the first quarter of 2025. The bank disclosed to the Philippine Stock Exchange that its...
Banker, physicist, coder, professor, financial planner, triathlete, mentor, thought leader – Rizal Commercial Banking Corp. (RCBC) President and CEO Eugene S. Acevedo wears these many hats. His life has been remarkable, though he would readily acknowledge he never walked this path alone. “I...
The Yuchengco Group’s Rizal Commercial Banking Corporation (RCBC) reported a 22 percent drop in net income to ₱9.5 billion last year from the record-high ₱12.2 billion earned in 2023, which had included non-recurring gains. In a disclosure to the Philippine Stock Exchange, the bank said its...
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...
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...
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,...
Yuchengco-led Rizal Commercial Banking Corporation (RCBC) reported a 39 percent drop in unaudited net income to P2.2 billion in the first three months of 2024 from the P3.6 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the bank said it saw a...
Rizal Commercial Banking Corporation (RCBC), a core business of the Yuchengco Group, reported a 10 percent decline in net income to P9 billion in the first nine months of 2023 from the P10.1 billion earned in the same period last year. In a statement, the bank said net income came on the back of a...