The Rizal Commercial Banking Corp. (RCBC) expects its trade flows to grow to ₱330 billion by end-2025, fueled mainly by clients in telecommunications, energy, petroleum infrastructure, and manufacturing.
According to RCBC transaction banking group head Martin Tirol, documentary trade remains the biggest contributor at 48 percent of total trade volumes. L/Cs, SBLCs, and guarantees account for 31 percent, while trade finance makes up 16 percent.
The fastest-growing segment is Supply Chain Finance (SCF), which is projected to expand by a massive 342 percent. Although SCF currently represents just 4 percent of trade volumes, exports tied to SCF are also expected to post double-digit growth.
Tirol said more companies are embracing SCF because it improves cash flow for suppliers—who can access early payments at favorable rates—and gives buyers longer payment terms to ease working-capital needs. He added that RCBC’s growth in SCF comes from simplified documentation, quicker processing, and specialized product teams offering tailored advice.
By year-end, Tirol expects RCBC’s trade and supply chain finance assets to post double-digit annual growth, with SCF transaction volumes already more than tripling.
RCBC, the country’s fifth-largest private bank, continues to strengthen its role in corporate banking through a full suite of trade, supply chain, and cash-management services designed to support clients across their entire supply chain.
