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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.
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) 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) 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.
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.
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.
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) 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.
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. (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.
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