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RCBC plans P4.5-B stock rights offer

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THE RCBC Plaza. INQUIRER FILE PHOTO

Rizal Commercial Banking Corp. plans to raise P4.5 billion in fresh equity from the sale of new shares to existing investors as part of the strategy to boost its capital adequacy ratio amid a more stringent regulatory framework.

Posted: July 30th, 2014 in Latest Business Stories | Read More »

RCBC raises P7B from sale of debt notes

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Screengrab from www.rcbc.com

The Yuchengco-led Rizal Commercial Banking Corp. has raised P7 billion from the sale of debt notes qualifying as tier 2 capital under the Basel 3 capital adequacy framework.

Posted: June 19th, 2014 in Latest Business Stories | Read More »

RCBC nets P1.3 billion in Q1

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Screengrab from www.rcbc.com

Rizal Commercial Banking Corp. posted a 25 percent year-on-year decline in first-quarter net profit to P1.33 billion in line with the industry-wide slowdown in trading gains.

Posted: May 8th, 2014 in Latest Business Stories | Read More »

RCBC targets 15% growth in remittance business

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Rizal Commercial Banking Corp. (RCBC) aims to grow by double-digits its share in the retail remittances market as well as the volume to be processed this year as the bank expands tie-ups with partners abroad.

Posted: April 23rd, 2014 in Headlines | Read More »

RCBC nets P5.31B in 2013

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THE RCBC Plaza. INQUIRER FILE PHOTO

Rizal Commercial Banking Corp. posted a net profit of P5.31 billion last year, 14.6 percent lower than the level a year ago due to lower trading gains from securities.

Posted: February 10th, 2014 in Latest Business Stories | Read More »

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