The Philippine Stock Exchange index (PSEi) fell on Monday, June 22, after Iran walked out of peace talks and closed the Strait of Hormuz again, while the Philippine government reduced its economic growth estimates due to the war and lower infrastructure spending. The main index plunged by 100.33...
Local equities face renewed downward pressure as resurfacing geopolitical friction in the Middle East and prospects of further domestic monetary tightening threaten to derail a recent market rally. Investor sentiment is turning bearish following the postponement of peace negotiations between the...
Rizal Commercial Banking Corp. (RCBC) has solidified its leadership in the shifting landscape of Philippine wealth, earning the prestigious title of Best Private Bank for Next Generation Clients at the Euromoney Private Banking Awards 2026. The recognition affirms RCBC Wealth’s strategic focus on...
RIZAL COMMERCIAL BANKING CORPORATION (RCBC) announced that it will hold its Annual Stockholders’ Meeting (ASM) virtually on June 29, 2026, at 4:00 p.m. via the official meeting platform at https://www.rcbc.com/ASM2026 . The Bank said stockholders may access the Notice of Meeting, Agenda, and the...
RIZAL COMMERCIAL BANKING CORPORATION (RCBC) announced that it will hold its Annual Stockholders’ Meeting (ASM) virtually on June 29, 2026, at 4:00 p.m. via the official meeting platform at https://www.rcbc.com/ASM2026 . The Bank said stockholders may access the Notice of Meeting, Agenda, and the...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. has urged banks to continue strengthening governance, transparency, and internal controls, saying these safeguards become most critical during periods of economic and financial uncertainty. Speaking during the inaugural Corporate...
Philippine financial system’s total resources swelled to ₱37.45 trillion in the first quarter of 2026, fueled by resilient banking sector that managed to outpace macroeconomic headwinds and heightened geopolitical tensions in the Middle East. Preliminary data from the Bangko Sentral ng...
The national government fully awarded its ₱30 billion offering of reissued five-year Treasury bonds on Tuesday, May 12, even as investors demanded higher yields amid persistent inflationary pressures and weakening local currency. The Bureau of the Treasury opted for a full award of the Series...
Yuchengco-led Rizal Commercial Banking Corp. (RCBC) is positioning its Hexagon Club premium banking program as a financial platform tailored to the evolving needs of Filipino mothers, highlighting services aimed at supporting household financial management, savings, and long-term wealth planning....
Rising uncertainties fueled by the United States-Iran conflict dampened lender demand on Tuesday, April 28, causing the Marcos administration to fall short of its ₱40 billion borrowing target for short-dated government securities. The Bureau of the Treasury raised only ₱25 billion, leaving a...
The Board of Investments (BOI) has formalized a tripartite agreement with Sumitomo Mitsui Banking Corp. and Rizal Commercial Banking Corp. (RCBC) to bolster the pipeline of Japanese capital into the country, targeting a broader array of domestic industrial sectors. In a statement on Monday, April...
Yuchengco-led Rizal Commercial Banking Corp.’s (RCBC) executive called for an overhaul of regulatory frameworks across Asia, urging authorities to move from static oversight to an active partnership model to accelerate digital financial inclusion. Speaking at the Money20/20 Asia conference in...
