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EEI, Hanjin Heavy partner for construction projects

YUCHENGCO-LED EEI Corp. has partnered with South Korea’s Hanjin Heavy Industries & Construction Co. Ltd. (HHIC) for potential construction projects in the country.

RCBC, EastWest Bank book lower profits in first nine months

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.

Yuchengco, Ayala groups approve merger of education businesses

THE Ayala and Yuchengco groups have approved the merger of their education businesses valued at around P15.5 billion, with listed firm iPeople, Inc. to be the surviving entity.

RCBC net income slips in first semester

RIZAL Commercial Banking Corp. (RCBC) posted a P2.2-billion net income as of end-June, fuelled by steady growth in its core businesses but dampened by lower trading gains.

RCBC prices P15-billion stock rights offering

RIZAL COMMERCIAL Banking Corp. (RCBC) has set the final terms for its stock rights offer (SRO), through which it looks to raise P15 billion to strengthen its capital ratio and fund its business expansion.

RCBC Savings posts double-digit income growth

THE SAVINGS ARM of the Rizal Commercial Banking Corp. (RCBC) booked a double-digit income growth in 2017 on the back of the continued expansion...