China Banking Corporation (Chinabank) has changed its stock symbol at the Philippine Stock Exchange (PSE) from "CHIB" to "CBC" following a bell ringing ceremony at the bourse on June 19. Stage left, from right: Chinabank Chairman Hans Sy, Pres. & CEO Romeo Uyan Jr., and Directors Joaquin...
Renewable power pioneer Alternergy Holdings Corporation’s subsidiary Alabat Wind Power Corporation (AWPC) has secured a P5.3-billion project finance facility from Rizal Commercial Banking Corporation (RCBC). In a disclosure to the Philippine Stock Exchange (PSE), the firm said the fund will be...
Yuchengco-led Rizal Commercial Banking Corp. (RCBC) reported that it has introduced innovative, mobile and digital-based solutions to improve payroll systems in response to the challenges faced by the banking public in their payroll experiences. In a statement, the bank said some of the challenges...
The Yuchengco group’s Rizal Commercial Banking Corporation (RCBC) has identified growth opportunities for cooperatives throughout the Philippines and has committed to deliver tailored financial solutions and support for the sector. In a statement, RCBC Head of Niche Markets and Payments Channel...
Yuchengco-led Rizal Commercial Banking Corporation reported that it has disbursed over P1 billion from its digital salary advance facility called RCBC Payday NOW in the first nine months since its full-scale launch. In a statement, the bank said RCBC Payday Now is a salary advance feature available...
Yuchengco-led Rizal Commercial Banking Corporation (RCBC) reported a 39 percent drop in unaudited net income to P2.2 billion in the first three months of 2024 from the P3.6 billion earned in the same period last year. In a disclosure to the Philippine Stock Exchange, the bank said it saw a...
China Banking Corporation (Chinabank, PSE symbol: CHIB) earned P5.9 billion in the first quarter of 2024, 18% higher compared to the same period last year, on the robust growth of its core businesses. The resulting return on equity and return on assets continued to be among the best in the industry...
Gotianun-led EastWest Bank (EW) reported that its net income inched up six percent to P1.7 billion in the first quarter of 2024 from the P1.6 billion registered in the same period last year. In a disclosure to the Philippine Stock Exchange, the bank said the growth is backed by its consistent...
China Banking Corporation, a member of the SM Group, reported an 18 percent growth in net income to P5.9 billion in the first quarter of 2024 compared to the same period last year, on the robust growth of its core businesses. In a disclosure to the Philippine Stock Exchange, the bank said the...
The Yuchengco Group’s Rizal Commercial Banking Corporation (RCBC) has teamed up with a Japanese global IT and fintech company Digital Wallet Corporation (DWC) to enhance the facilitation of cross-border digital transactions between the Philippines and Japan. In a statement, RCBC First...
Yuchengco-led Rizal Commercial Banking Corporation (RCBC) is eyeing a 27 percent growth in its consumer loan portfolio to P160 billion this year from P126 billion in 2023. In a statement, RCBC Consumer Lending Group (CLG) Head Ramil De Villa said he is confident in achieving the growth targets with...
Sy-led China Banking Corporation (Chinabank) has declared an all-time high P5.9 billion in cash dividends to its shareholders, 16 percent more than last year’s cash bonus. In a disclosure to the Philippine Stock Exchange (PSE), the bank said its Board of Directors declared a P1.20 per share...
