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RCBC sees full-year rise of remittance business

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RCBC1

Rizal Commercial Banking Corp. (RCBC) sees its remittance business growing by 8 percent by yearend as the bank aggressively lures Filipinos working abroad to tap new channels such as prepaid cards.

Posted: November 13th, 2014 in Latest Business Stories | Read More »

RCBC taken to LA court over claims of fraud

By
RCBC1

Rizal Commercial Banking Corp. (RCBC) will soon go up against a small Dutch company, Verotel Merchant Services, in a Los Angeles court to fend off fraud charges that happened nearly a decade ago.

Posted: November 12th, 2014 in Latest Business Stories | Read More »

Taiwan insurer buys 20% of RCBC for P18B

RCBC1

Cathay Life Insurance Co. Ltd., Taiwan’s largest life insurer, is buying a 20-percent stake in Yuchengco-led Rizal Commercial Banking Corp. for P17.92 billion, boosting the local bank’s capital build-up program.

Posted: October 2nd, 2014 in Latest Business Stories | Read More »

8 Philippine banks make it to global rankings list

By
bdo

The SM group’s banking arm BDO Unibank Inc. has kept its bragging rights as the Philippines’ top bank in the Top 1,000 Global Banks Ranking 2014 report of British publication The Banker.

Posted: September 12th, 2014 in Headlines,Latest Business Stories | Read More »

RCBC eyes $50M in new deposit products

By
SCREENGRABfrom www.rcbc.com

Rizal Commercial Banking Corp. (RCBC) expects deposits into its recently launched US dollar time deposit products with two- to five-year tenors to reach $50 million by yearend.

Posted: September 6th, 2014 in Headlines,Latest Business Stories | Read More »

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