Tag: RCBC

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RCBC backs P4.5B Iloilo solar storage project

Energy & Mining Context.ph Context.ph -
German renewable energy developer ib vogt has secured a P4.5-billion senior debt facility from Rizal Commercial Banking Corporation (RCBC) to finance a 99-megawatt peak (MWp) solar power project with battery storage in Iloilo, marking a key milestone in the company's expansion in the Philippines.

RCBC bags global honors for digital banking

Corporate Bulletins Context.ph Context.ph -
Rizal Commercial Banking Corporation (RCBC), the country’s sixth-largest lender by assets, has strengthened its standing as a global digital banking innovator after securing two major wins at the Digital CX Awards 2026, organized by The Digital Banker.

Peso near lows as markets turn defensive

Markets Context.ph Context.ph -
The Philippine peso is again nearing record lows as persistent inflation, geopolitical tensions, and strong US dollar demand continue to pressure local markets. Rizal Commercial Banking Corp. chief economist Michael Ricafort said the peso could retest historic weakness after falling 1.8% this week and approaching the April 30 intraday low of P61.75 against the dollar.

RCBC targets heirs shaping future Philippine wealth

Banking & Insurance Context.ph Context.ph -
RCBC Wealth Management Group is intensifying its push into the country’s fast-growing next-generation wealth market after being named Best Private Bank for Next Generation Clients at the 2026 Euromoney Private Banking Awards, reflecting a broader industry shift toward younger, digitally driven investors expected to reshape Philippine private banking.

RCBC widens MySSS card access via DiskarTech

Corporate Bulletins Context.ph Context.ph -
Rizal Commercial Banking Corp., the country’s 6th largest lender by assets,  is deepening its push into digital inclusion by allowing users of its DiskarTech app to directly apply for the MySSS Mastercard Debit Card, streamlining access to both banking services and government benefits in one platform.
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DOE opens bidding guidelines for Mindanao-focused renewable energy auction

Energy & Mining 0
The Department of Energy has released the terms of reference for the seventh round of the Green Energy Auction, which will prioritize renewable energy projects in Mindanao.

NFA steps up palay purchases as wet-season support prices rise

Agriculture 0
The Department of Agriculture (DA) confirmed that the National Food Authority (NFA) is expanding its palay procurement efforts to boost the country’s rice buffer stocks.

Another round of steep fuel price hikes expected this week

Energy & Mining 0
Local fuel retailer Jetti Petroleum has warned that another significant increase in pump prices for gasoline and diesel is set to take place this week.

SEC adopts updated financial reporting standards

Corporate 0
The Securities and Exchange Commission has formally adopted the latest set of financial reporting pronouncements to ensure the country’s reporting framework keeps pace with changing global accounting standards and growing demands for sustainability-related disclosures.

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