Yuchengco-led Rizal Commercial Banking Corp. (RCBC) will eliminate fees for its real-time digital fund transfers starting July 4, joining a broader industry push to spur electronic retail payments in the country. In a statement on Friday, July 3, RCBC said the lender will offer zero-fee transfers...
Continuing its recovery from last week’s sell-off, the Philippine Stock Exchange index (PSEi) rose for a third straight trading day on Monday, June 29, as easing concerns over the Middle East conflict and a stronger peso lifted investor sentiment. The main index gained 61.17 points, or 1.01...
Despite the signing of the United States (US)-Iran peace deal, local stock market investors are advised to remain cautious as the Philippine Stock Exchange’s (PSE) benchmark has lost its momentum amid concerns over lingering inflation and rising interest rates. “Failing to take 6,150, the local...
Local equities plunged back below a critical psychological threshold as worsening domestic growth forecasts and a hawkish shift in United States (US) Federal Reserve monetary policy expectations triggered a broad-based selloff. The Philippine Stock Exchange index (PSEi) slumped 133.85 points, or...
The Philippine Stock Exchange index (PSEi) fell on Monday, June 22, after Iran walked out of peace talks and closed the Strait of Hormuz again, while the Philippine government reduced its economic growth estimates due to the war and lower infrastructure spending. The main index plunged by 100.33...
Local equities face renewed downward pressure as resurfacing geopolitical friction in the Middle East and prospects of further domestic monetary tightening threaten to derail a recent market rally. Investor sentiment is turning bearish following the postponement of peace negotiations between the...
Rizal Commercial Banking Corp. (RCBC) has solidified its leadership in the shifting landscape of Philippine wealth, earning the prestigious title of Best Private Bank for Next Generation Clients at the Euromoney Private Banking Awards 2026. The recognition affirms RCBC Wealth’s strategic focus on...
RIZAL COMMERCIAL BANKING CORPORATION (RCBC) announced that it will hold its Annual Stockholders’ Meeting (ASM) virtually on June 29, 2026, at 4:00 p.m. via the official meeting platform at https://www.rcbc.com/ASM2026 . The Bank said stockholders may access the Notice of Meeting, Agenda, and the...
RIZAL COMMERCIAL BANKING CORPORATION (RCBC) announced that it will hold its Annual Stockholders’ Meeting (ASM) virtually on June 29, 2026, at 4:00 p.m. via the official meeting platform at https://www.rcbc.com/ASM2026 . The Bank said stockholders may access the Notice of Meeting, Agenda, and the...
Bangko Sentral ng Pilipinas (BSP) Governor Eli M. Remolona Jr. has urged banks to continue strengthening governance, transparency, and internal controls, saying these safeguards become most critical during periods of economic and financial uncertainty. Speaking during the inaugural Corporate...
Philippine financial system’s total resources swelled to ₱37.45 trillion in the first quarter of 2026, fueled by resilient banking sector that managed to outpace macroeconomic headwinds and heightened geopolitical tensions in the Middle East. Preliminary data from the Bangko Sentral ng...
The national government fully awarded its ₱30 billion offering of reissued five-year Treasury bonds on Tuesday, May 12, even as investors demanded higher yields amid persistent inflationary pressures and weakening local currency. The Bureau of the Treasury opted for a full award of the Series...
