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RCBC auto, housing loans hit P121 billion

Yuchengco-led Rizal Commercial Banking Corp. (RCBC) sustained its auto and housing loan portfolio last year, rising by 24 percent to P121 billion amid high demand......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

RCBC surrenders trust license

Rizal Commercial Banking Corp. has surrendered its license to engage in trust and other fiduciary business as part of its efforts to make RCBC Trust Corp. a stand-alone trust entity......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

RCBC the best PH bank by network uptime, and UBP ranks at the bottom

Brankas, a Singapore-based fintech software and services provider, published its first annual ASEAN Bank Stability Report to measure the network uptime performance of ASEAN-region banks, and RCBC finished in the top spot among banks in the Philippines with an uptime of 98.3% (31 hours total downtime) including a stretch of seven months with zero downtime events......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2024

RCBC personal loans go digital

Rizal Commercial Banking Corp. has debuted its latest innovation this 2024, integrating personal loans in its all-in-one digital banking app RCBC Pulz......»»

Category: financeSource:  philstarRelated NewsJan 13th, 2024

RCBC raises $400 million from oversubscribed sustainability notes

Rizal Commercial Banking Corp. (RCBC) has raised $400 million from its return to the offshore debt market as investors swarmed its sustainability note issuance......»»

Category: financeSource:  philstarRelated NewsJan 12th, 2024

DOJ recommends filing of grave oral defamation vs abducted activists Tamano, Castro

In a 15-page resolution dated Dec. 12, 2023, it is said that the two activists’ sworn statements are different from their pronouncements during a press conference they held with the authorities after they emerged from their alleged abduction......»»

Category: newsSource:  philstarRelated NewsJan 29th, 2024

DoubleDragon bolstering asset portfolio

DoubleDragon Corp., the property developer chaired by Edgar “Injap” Sia II and Tony Tan Caktiong, is bolstering its asset portfolio this year as the company looks to sustain its momentum after profit grew by nearly a quarter last year......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

RCBC Trust’s AUM hits P161 billion in February

The trust and investment management arm of Yuchengco-led Rizal Commercial Banking Corp. saw its assets under management hit more than P161 billion as of February, as the number of its institutional clients grew significantly......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

Global Dominion, RCBC Capital extend financing to the unbanked and underbanked

Both organizations aim to service the financial needs of people and organizations unable to tap the banks for their funding requirements and leave a positive impact on society through financing......»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2024

RCBC credit cards now made from recycled PVC

Yuchengco-led Rizal Commercial Banking Corp. has phased out single-use plastics and shifted to recycled polyvinyl chloride plastic in producing its credit cards as part of its efforts to lessen carbon emissions and promote sustainability......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

RCBC strengthens sustainable advocacy

Rizal Commercial Banking Corp. has amended its sustainable finance framework, aligning its principles with global standards to promote responsible financing and protect natural resources......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

RCBC income hits all-time high in 2023

Rizal Commercial Banking Corp. grew its net income by 15 percent to hit a record P12.22 billion in 2023, fueled by faster-than-industry loan and deposit growth......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

RCBC head named among ‘People of the Year 2024’

Rizal Commercial Banking Corp. president and CEO Eugene Acevedo made it to the ‘People of the Year 2024’ by renowned publication People Asia, making him the only Philippine banker in the list......»»

Category: financeSource:  philstarRelated NewsJan 28th, 2024

PEZA, SMBC, RCBC partner to attract Japanese investments

The Philippine Economic Zone Authority has partnered with Sumitomo Mitsui Banking Corp. and Rizal Commercial Banking Corp. in a bid to attract more investments from Japan......»»

Category: financeSource:  philstarRelated NewsJan 24th, 2024

RLC sells P8.5 billion shares in REIT unit

Robinsons Land Corp., the diversified real estate firm of the Gokongwei family, has sold P8.49 billion worth of shares in RL Commercial REIT Inc., increasing the listed REIT’s public float to 49.95 percent......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

JG Summit FY23 profit: P19.6-B (up 216%)

JG Summit, the Gokongwei Family’s diversified conglomerate, teased its FY23 financial results headlined by a 216% increase in the company’s net income to P19.6 billion......»»

Category: financeSource:  philstarRelated NewsMar 27th, 2024

SMC OK to add MPTC Indonesia in joint venture

Diversified conglomerate San Miguel Corp. (SMC) is open to including the Indonesian segment of Metro Pacific Tollways Corp. (MPTC) in the planned merger of the toll road operators......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

SMC scraps plans to build P100 billion Pasig River tollway

Diversified conglomerate San Miguel Corp. will no longer pursue its plan to build a toll road on the Pasig River, succumbing to pressure from opposition groups......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

SMC to start Bulacan airport development in 2025

Diversified conglomerate San Miguel Corp. (SMC) targets to start airport development works at its P740-billion international gateway project in Bulacan next year......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

NAIA deal signing set in Malacañang on Monday

Diversified conglomerate San Miguel Corp. will get the blessing of no less than President Marcos in its takeover of the Ninoy Aquino International Airport as the Chief Executive is expected to witness the signing of the concession on Monday......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024