Stock market analysts cheered the higher-than expected Philippine economic growth in the third quarter, attributing it to the Marcos government’s decision to ease Covid restrictions which resulted in higher consumer spending and a more active economy. “Growth was able to outperform the previous...
The Cooperative Development Authority (CDA) and Rizal Commercial Banking Corporation (RCBC) signed a memorandum of understanding to promote digital financial inclusion in the country's cooperative groups. (COOPERATIVE DEVELOPMENT AUTHORITY FACEBOOK) The contract signing was held during the...
‘MADISKARTENG PANANALAPI.’ Rizal Commercial Banking Corporation (RCBC) led by its President and CEO Eugene S. Acevedo (fifth from the top-left) and Executive Vice President and Chief Innovation and Inclusion Officer Lito Villanueva turn over copies of the “Aralin sa Madiskarteng Pananalapi”...
Rizal Commercial Banking Corp. (RCBC) is offering special rates and exclusive discounts on auto and home loans for a month, starting May 23 until June 24, 2022. To kickstart this month-long offering, select RCBC branches will hold car displays and developer booths and will give away special gifts,...
Rizal Commercial Banking Corporation posted a 36 percent growth in unaudited consolidated net income to P2.1 billion for the first quarter of 2022 from the same period last year. In a disclosure to the Philippine Stock Exchange, the bank said net income continued on an upward trajectory, with a 23...
Yuchengco-led Rizal Commercial Banking Corporation has successfully listed its P14.76 billion Series E ASEAN Sustainability Bonds due 2024 on the Philippine Dealing and Exchange Corporation. Carrying a coupon of 3.00 percent per annum, the bonds saw strong demand from investors which resulted in an...
Yuchengco-led Rizal Commercial Banking Corporation’s (RCBC) unique innovations and synergized collaborations have successfully pushed financial inclusion as it notes a five-digit growth in both transaction volume and value, through its digital platforms as of end-2021. DiskarTech, touted as the...
Rizal Commercial Banking Corporation (RCBC), one of the largest banks in the Philippines, has started its public offer for P3-billion worth of Fixed Rate ASEAN Sustainability Bonds. In a disclosure to the Philippine Stock Exchange, the bank said the bonds will form part of its P100-billion bond and...
Rizal Commercial Banking Corporation reported a 30 percent drop in unaudited consolidated net income to P1.6 billion for the first quarter of 2021 from the P2.3 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the bank said it sustained core business...
Yuchengco-led Rizal Commercial Banking Corporation (RCBC) reported that its 2.5-year and 5.25-year Fixed-Rate ASEAN Sustainability Peso Bond offering was 5.9 times oversubscribed--allowing them to raise P17.87 billion from the P3 billion target. In a disclosure to the Philippine Stock Exchange,...
