Tag: RCBC

Rizal Commercial Banking Corp. (RCBC) has launched an app which offers digital basic deposit accounts to attract working class Filipinos.

RIZAL COMMERCIAL Banking Corp. (RCBC) is set to tap the global bond market anew after securing approval from its directors to issue $300 million in dollar-denominated bonds to support the bank’s lending and green projects

RIZAL COMMERCIAL Banking Corp. (RCBC) is looking to tap the bond market for the second time this year following its April issuance.

THE BANGLADESH BANK has filed a new civil suit against Rizal Commercial Banking Corp. (RCBC) and Bloomberry Resorts Corp. to claim damages related to the $81-million heist in 2016.

While healthcare workers are on the frontlines and scientists are busy testing possible vaccines or cures for a virus that has changed the world, economists are getting their hands dirty at home as well. They are rigidly working with data to assess how this pandemic could change the course of our economy, updating their projections and recommendations to help seal that soft landing when recovery comes.

RIZAL COMMERCIAL Banking Corp. (RCBC) saw a surge in its net income in the first quarter backed by its strong core business and trading gains despite headwinds due to the coronavirus disease 2019 (COVID-19) pandemic.

RIZAL COMMERCIAL Banking Corp. (RCBC) raised P7.05 billion via its latest bond offer, which was more than twice oversubscribed. RCBC said in a statement that...

RIZAL COMMERCIAL Banking Corp. (RCBC) closed its offering of two-year fixed-rate bonds ahead of schedule as orders reached more than double its P3-billion program.

THE COMPLAINT filed against Rizal Commercial Banking Corp. (RCBC) and a local casino by Bangladesh Bank in relation to the 2016 heist has been junked by a US court as it cited the failure of the petitioner to state a federal racketeering claim and as the court refused to exercise jurisdiction over all other state law claims by the petitioner.

RIZAL COMMERCIAL Banking Corp. (RCBC) logged double-digit net profit growth last year, buoyed by the better performance of its core business, high margins, strong trading gains, as well as higher fee-based income.

RIZAL COMMERCIAL Banking Corp. (RCBC) is looking to continue growing its sustainable loan portfolio, with credit to the sector already consisting a tenth of its book after issuing green bonds in 2019.

RIZAL COMMERCIAL Banking Corp. (RCBC) will establish a rural bank that will join the digital banking race in the country, the bank said in a filing with the local bourse on Tuesday.

RCBC BANKARD Services Corp. has reached its full-year target for credit card issuance and is eyeing grow its pool to breach the one million mark in second semester next year.

RIZAL COMMERCIAL Banking Corp. (RCBC) is looking to join the virtual banking scene in the country by next year.

RIZAL COMMERCIAL Banking Corp. (RCBC) saw its net income surge in the first nine months of the year driven by growth in its core business.

RIZAL COMMERCIAL Banking Corp. is looking to raise at least P3 billion via three-year peso-denominated bonds, part of a fund-raising program that aims to extend the maturity of the bank’s liabilities and strengthen its liquidity ratios.

RIZAL COMMERCIAL Banking Corp. (RCBC) expects the cumulative policy rate cuts by the central bank to boost loan demand.

RIZAL COMMERCIAL Banking Corp. (RCBC) has exercised its call option on the P10-billion notes it issued back in 2014 to comply with regulatory capital requirements, it said on Tuesday.

RIZAL Commercial Banking Corp. (RCBC) is returning to the US dollar bond market by selling $300 million of five-year unsecured bonds amid strong demand from investors overseas, it said in a statement on Friday.

RIZAL Commercial Banking Corp. (RCBC) will issue dollar-denominated sustainability notes out of its medium-term note (MTN) program, with proceeds to support the bank’s lending business.

YUCHENGCO-LED Rizal Commercial Banking Corp. (RCBC) is on track to grow its bottom line this year by double digits, a senior official said, as the bank’s net income climbed by almost a fourth during the first half.

VETERAN BANKER Eugene S. Acevedo took the helm of Rizal Commercial Banking Corp. (RCBC) this month following the retirement of the lender’s former chief.

THE CREDIT CARD arm of Rizal Commercial Banking Corp. (RCBC) eyes to issue five million cards over the next 10 years, as it sees growth in the non-card debt segment.

THE FIVE local banks exposed to the troubled Hanjin Heavy Industries and Construction Philippines (HHIC-Phil) are exploring a two-pronged approach to recoup their funds, an official from Rizal Commercial Banking Corp. (RCBC) said.

THE MERGER of Rizal Commercial Banking Corp. (RCBC) and its thrift banking subsidiary, which is intended to reduce operating costs and consolidate the lender’s retail base, has been approved by the central bank.

RIZAL COMMERCIAL Banking Corp. (RCBC) is set to issue at least P5 billion in two-year peso-denominated sustainability bonds, the first of its kind in the country, with the proceeds to fund environmental and social projects.

RIZAL COMMERCIAL Banking Corp. (RCBC) posted higher net income in the first quarter on the back of sustained core business growth.

FORMER financial technology (fintech) firm head and now Rizal Commercial Banking Corp. (RCBC) Chief Innovation and Inclusion Officer Angelito “Lito” M. Villanueva eyes to continue his “sachet banking” push to include more unbanked Filipinos into the formal financial system.

RIZAL COMMERCIAL Banking Corp. (RCBC) filed a defamation lawsuit against the Bank of Bangladesh (Bangladesh Bank) at a lower court in connection with the $81-million cyber heist in February 2016.

THE CONSOLIDATION of Rizal Commercial Banking Corp. (RCBC) and its thrift lending arm was approved by majority of its stockholders, which paves the way towards securing the necessary regulatory approvals.

RIZAL COMMERCIAL Banking Corp. (RCBC) saw its net income steady at P4.3 billion in 2018, flat from the previous year’s level and supported by increased lending across all segments.

NEW YORK — Bangladesh’s central bank on Thursday sued a Philippine bank to recoup losses it suffered when unidentified hackers stole $81 million from its account at the Federal Reserve Bank of New York nearly three years ago.

FORMER Rizal Commercial Banking Corp. (RCBC) branch manager Maia Santos-Deguito, through her legal counsels, asked the Makati City court to reverse its Jan. 10 decision convicting her of eight counts of money laundering over the $81-million Bangladesh Bank heist in February 2016.

RIZAL COMMERCIAL Banking Corp. (RCBC) has completed the public offering of its local currency green bonds, raising P15 billion to support environmental and climate projects.

RIZAL Commercial Banking Corp. (RCBC) said it priced its first peso “green bond” at 6.7315% per annum, with the proceeds to be used to support projects that are environment-friendly and promote resiliency to climate change.

RIZAL Commercial Banking Corp. (RCBC) is set to offer local currency green bonds under its newly established framework to support local environmental and climate projects.

RIZAL COMMERCIAL Banking Corp. (RCBC) has established a green finance framework to serve as a basis for future fund-raising activities to support domestic environmental and climate projects.

RIZAL COMMERCIAL Banking Corp. (RCBC) is set to raise fresh capital through a drawdown from its $2-billion medium-term note (MTN) program

THE PHILIPPINE government maintained its stance to keep its hands off any developments on Dhaka filing charges against Rizal Commercial Banking Corp. (RCBC) next week over the $81-million bank heist in 2016.

RIZAL COMMERCIAL Banking Corp.’s (RCBC) credit card arm RCBC Bankard Services Corp. is eyeing to grow its card base next year as it continues to expand its digital channels.

RIZAL Commercial Banking Corp. (RCBC) and East West Banking Corp. (EastWest Bank) saw their net incomes decline in the first nine months due to lower trading gains and revenues, respectively.

RIZAL COMMERCIAL Banking Corp. (RCBC) expects its digital currency to be fully rolled out next year, with the lender still testing the network across various communities.

RIZAL COMMERCIAL Banking Corp. (RCBC) has launched basic deposit accounts (BDA), offering a cheaper and simpler way to access financial services in line with the government’s inclusion push.

RIZAL Commercial Banking Corp. (RCBC) has partnered with KB Kookmin Bank Korea, which will provide banking services and financial information assistance to Korean and Philippine firms.

RIZAL Commercial Banking Corp. (RCBC) has raised P3.58 billion from the first tranche of its P20-billion long-term negotiable certificates of deposit (LTNCD) program bolstering its long-term funding base.