Yuchengco-led Rizal Commercial Banking Corporation (RCBC) has forthrightly declared that it will no longer extend financing to new coal-fired power projects in the Philippines. That came as a daring statement from RCBC President and CEO Eugene S. Acevedo, the first bank chief executive to do so...
Yuchengco-led Rizal Commercial Banking Corp. (RCBC) reported a net income of P4 billion as of end-September, 11.3 percent lower than same time last year of P4.512 billion, as the bank allotted P7.222 billion loan loss cover. The provision for probable losses was up by 38.6 percent from...
Security Bank announced that it will continue to offer free InstaPay and PESONet for free until December 31, 2020 as part of its efforts to support the lockdown measures and keep clients safe at home. “We encourage everyone to remain safe during this pandemic by staying at home and conducting...