Tag: RCBC

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 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.

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.

Rizal Commercial Banking Corp., the country’s sixth-largest lender by assets, opened 2026 with stronger earnings, posting an unaudited net profit of P2.7 billion for the first quarter, up 12 percent from a year earlier, as loan growth and lower funding costs lifted core income.

The Philippines is sharpening its pitch for Japanese capital, formalizing a three-way partnership between the Board of Investments (BOI), Sumitomo Mitsui Banking Corp. (SMBC), and Rizal Commercial Banking Corp. (RCBC).