Tag: RCBC

RIZAL COMMERCIAL Banking Corp. (RCBC) received new summons for a case filed against the lender over the $81-million Bangladesh Bank heist in 2016.

RIZAL COMMERCIAL Banking Corp. (RCBC) has seen stronger demand for short-term investment instruments as the market remains cautious amid continued uncertainty due to the coronavirus pandemic.

RIZAL COMMERCIAL Banking Corp. (RCBC) sees continued asset quality risks as the challenging environment may persist for both consumers and businesses in 2021.

RIZAL COMMERCIAL Banking Corp. (RCBC) booked a lower net income in the third quarter as it increased loan loss provisions and waived fees for clients affected by the coronavirus pandemic.

RIZAL COMMERCIAL Banking Corp. (RCBC) on Thursday issued $300 million of additional Tier 1 securities as it looks to boost its capital.

RIZAL COMMERCIAL Banking Corp. (RCBC) has secured regulatory approval for an offering of Tier 1 notes as it looks to beef up its capital.

RIZAL COMMERCIAL Banking Corp. (RCBC) posted a net income of P800 million in the second quarter on the back of strong trading gains, offset by higher loan loss provisioning.

RIZAL COMMERCIAL Banking Corp. (RCBC) is looking to tap the domestic debt market again this semester through medium-term papers, but will push back a planned dollar bond issue as it monitors global developments.

CURRENT and former officials of Rizal Commercial Banking Corp. (RCBC) face an administrative case filed by a nonprofit organization for alleged fraud.

RIZAL COMMERCIAL Banking Corp. (RCBC) on Monday listed its recently issued P16.616 billion in two-year bonds meant to support its lending activities and refinance debts at the Philippine Dealing and Exchange Corp.

RIZAL Commercial Banking Corp. (RCBC) cut short its offer of two-year fixed rate bonds after raising P16.6 billion, almost six times its initial target.

RIZAL COMMERCIAL Banking Corp. (RCBC) is looking to raise P3 billion in fresh funds as it taps the domestic bond market for the second time this year.

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.