Tag page - Sumitomo Mitsui Banking Corporation

Japan’s Sumitomo Mitsui Banking Corp. (SMBC) has increased its interest in Rizal Commercial Banking Corp. (RCBC) to 24.46 percent with the acquisition of an additional 4.46-percent equity stake for ₱6.4 billion. RCBC President and Chief Executive Officer (CEO) Reginaldo B. Cariaso said in a...

From left, Sumitomo Mitsui Banking Corporation (SMBC) Manila Branch Executive Director and Head of Corporate Banking Ruben Victa, Ayala Corporation Treasurer Estelito C. Biacora, SMBC Country Head and Managing Director Yasushi Iwata, Ayala Corporation Chief Finance Officer Alberto M. de Larrazabal,...

Zobel-led Ayala Corp., the country’s oldest conglomerate, is raising up to ₱31.5 billion through the issuance of preferred shares and Samurai loans from two Japanese banks to fund the expansion of its diversified businesses.  In a disclosure to the Philippine Stock Exchange, the firm said...