Rizal Commercial Banking Corporation (RCBC) of the Yuchengco Group posted a 12 percent improvement in unaudited consolidated net income to P4.5 billion for the first half of 2024. The bank said in a disclosure to the Philippine Stock Exchange (PSE) that profit growth was supported by a 12 percent...
President Ferdinand R. Marcos Jr.’s decision to ban Philippine offshore gaming operations (POGOs) may have little impact on most publicly-listed property developers, but it will affect the jobs and sales of businesses supporting the industry. “POGO operations have been reduced since the...
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...
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...
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...
The Yuchengco Group’s Rizal Commercial Banking Corporation (RCBC), through RCBC Credit Cards, has teamed up with Sumitomo Mitsui Financial Group, Inc. (SMBC Group) to provide RCBC Credit Card Mastercard and Visa premium cardholders access to 49 Lounges at 34 Airports in Japan. In a statement,...
The Yuchengco Group’s Rizal Commercial Commercial Banking Corporation has declared cash dividends amounting to P2.45 billionn to shareholders as of the record date of April 12, 2024. In a disclosure to the Philippine Stock Exchange, the bank said the cash dividend is equivalent to P1.014 per...
The Lopez Group’s Rockwell Land Corporation has recently obtained P10 billion in financing from the Philippine National Bank (PNB) and Rizal Commercial Banking Corporation (RCBC). In a disclosure to the Philippine Stock Exchange, the firm said it has secured a P5-billion term loan facility of up...
The Yuchengco Group’s Rizal Commercial Banking Corporation (RCBC) has amended its Sustainable Finance Framework to align with current global standards. In a disclosure to the Philippine Stock Exchange (PSE), the bank its amended framework follows the Securities and Exchange Commission (SEC)...
Rizal Commercial Banking Corporation (RCBC) of the Yuchengco group reported that its consolidated net income inched up by one percent to an all-time high of P12.22 billion last year. In a disclosure to the Philippine Stock Exchange (PSE), the bank said it hit a record high profit as customer...
