RCBC announced that its Mastercard and Visa credit cardholders can now use Google Pay in the Philippines and overseas, enabling fast, secure, and convenient contactless payments and e-commerce checkouts. This launch aligns with the recent introduction of Google Pay to the country, providing RCBC...
The Rizal Commercial Banking Corp. (RCBC) has extended its long-standing partnership with Adrenalin, a leading enterprise human capital management (HCM) solutions provider, to strengthen its human resource (HR) capabilities and drive next-generation workforce transformation. The Yuchengco-led bank...
For 65 years, RCBC has been a steadfast partner to progress. RCBC is and has always been a force for nation-building, financing infrastructures, renewable energy, and other transformative projects to empower industries and connect communities. Banking, when purposeful, can help build a stronger and...
The Rizal Commercial Banking Corp. (RCBC) garnered four major accolades from leading regional and global award-giving bodies in recognition of its innovation, customer-centric solutions, and operational excellence. These awards include: Philippines Domestic Payroll Initiative of the Year at the...
RCBC Leasing and Finance Corp. (RLFC), a wholly owned subsidiary of Rizal Commercial Banking Corp.(RCBC), is using fresh capital infused by Japan’s Sumitomo Mitsui Finance and Leasing Company, Limited (SMFL) to fund its nationwide expansion in the next five years. Last month, RLFC and SMFL...
While the Philippines is exploring the re-entry of nuclear power, securing financing may prove challenging as some local banks remain cautious about backing such projects. In an exclusive interview, Michael Ricafort, Chief Economist at Rizal Commercial Banking Corp. (RCBC), explained that the high...
Rainy days introduce a unique set of challenges on the road. The slightest drizzle can change the rules of the pavement. It can turn what should be a calm drive into a potentially hazardous journey, thanks to reduced visibility and slippery surfaces, among other reasons. Here are some tips on how...
Sumitomo Mitsui Financial Group Inc. (SMFG), through Sumitomo Mitsui Finance and Leasing Co. Ltd. (SMFL) is acquiring a 30-percent equity stake in RCBC Leasing and Finance Corp. (RLFC) of Yuchengco-led Rizal Commercial Banking Corp. (RCBC). In a disclosure to the Philippine Stock Exchange (PSE),...
Coal power projects are strutting back, and the developers are swinging “the need for baseload demand” as their backstage pass to justify new projects. Even Energy Secretary Sharon Garin is waving the green flag for coal, signaling to the media that if moratorium-exempt projects clear the...
Expectations of further cuts in key borrowing costs as early as this month have grown stronger, driven by last month’s nearly six-year low inflation and lingering economic threats from United States (US) tariffs. Following the below one-percent headline print in July, private-sector economists...
Private-sector economists expect the Philippine economy to have expanded at a faster pace in the second quarter, compared to the first three months, driven by robust household consumption during the midterm election period, even amid external headwinds. The consensus growth forecast stands at 5.6...
Yuchengco-led Rizal Commercial Banking Corporation (RCBC) announced the appointment of Reginaldo Cariaso as its new president and chief executive officer (CEO) effective Tuesday, July 1. Cariaso will be taking over the role that Eugene S. Acevedo held for nearly seven years, beginning in 2019. RCBC...
