Tag: RCBC

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PalawanPay, RCBC roll out zero-balance savings

The Palawan Group of Companies has partnered with Rizal Commercial Banking Corporation (RCBC) to launch PalaSave, a digital savings feature designed to make banking more accessible to millions of Filipinos.

RCBC launches P5B ASEAN Sustainability Bond offer

Rizal Commercial Banking Corp. has begun offering peso-denominated fixed-rate Series G ASEAN Sustainability Bonds due 2029, tapping investors as the bank expands funding for green and social projects.

RCBC plans P5B ASEAN Sustainability Bonds

Rizal Commercial Banking Corp., the country’s 6tyh largest lender, plans to raise a minimum of P5.0 billion through fixed rate peso denominated ASEAN Sustainability Bonds, with an oversubscription option, marking the ninth drawdown under its P200 billion Bond and Commercial Paper Program.

RCBC earnings climb in 2025 on consumer push

Rizal Commercial Banking Corp., the country’s sixth largest lender by assets and a flagship of the Yuchengco Group, grew full-year 2025 net income by 11 percent to P10.6 billion, riding a strong wave of consumer lending and fee expansion.

RCBC advances digital finance via inclusion focus

Rizal Commercial Banking Corp., the country’s 6th largest lender by assets, strengthened its presence in the regional fintech spotlight as it joined high-level conversations at the Money20/20 Asia PH Summit, one of the Asia-Pacific region’s most influential gatherings for financial innovation. 

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Luzon Grid under yellow alert due to power plant outages

The Luzon power grid was placed under a yellow alert from 4 p.m. to 10 p.m. on Thursday, April 16, due to several power plants going offline.

Jollibee wins Korea nod for Shabu All Day

Jollibee Foods Corp., the Philippines’ largest fast-food chain, said it has secured regulatory approval in South Korea for its planned acquisition of All Day Fresh Co., Ltd., the company behind the “Shabu All Day” hot pot chain, marking a key step in expanding its presence in one of Asia’s most competitive dining markets.

PAL expands US network with new non-stop service to Chicago

Philippine Airlines (PAL) will launch a new nonstop flight between Manila and Chicago starting November 9, expanding its network in the United States. Chicago becomes PAL’s eighth U.S. and U.S. territory destination, alongside Honolulu, Los Angeles, San Francisco, Seattle, New York, Guam, and Saipan.

War relief steps may dent banks’ earnings outlook

Relief measures for Philippine borrowers hit by the ongoing Middle East conflict may steady credit conditions but are likely to trim banks’ profitability, according to an April 16 report by S&P Global Ratings.

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