Tag: RCBC

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Sumitomo Mitsui raises stake in RCBC for P6.4B

Banking & Insurance Context.ph Context.ph -
Japan’s Sumitomo Mitsui Banking Corporation (SMBC) has raised its stake in Rizal Commercial Banking Corp. (RCBC), acquiring an additional 4.46 percent equity interest worth P6.4 billion and boosting its total ownership to 24.46 percent.

RCBC backs Yuchengco solar power venture

Energy & Mining Context.ph Context.ph -
Yuchengco-led Bugallon Green Energy Corp. (BGEC) has secured a P826-million loan facility from Rizal Commercial Banking Corp. (RCBC) to finance the 18.56-megaWatt alternating current Bugallon Solar Power Project (BSPP) in Pangasinan.

RCBC names ex-finance chief Dominguez as independent director

Banking & Insurance Context.ph Context.ph -
Rizal Commercial Banking Corp. (RCBC), the country’s sixth-largest lender by assets, has elected former Finance Secretary Carlos Dominguez as an independent director.

Fresh River Lakes secures ₱15-B loan facility

Banking & Insurance Context.ph Context.ph -
Fresh River Lakes Corp. (FRLC), a wholly owned subsidiary of First Gen Corp., has secured a total of P15 billion in loan facilities from three major Philippine banks—BDO Unibank Inc. (BDO), Bank of the Philippine Islands (BPI), and Rizal Commercial Banking Corp. (RCBC). 

RCBC lists sustainability bond that raised P12.2B

Banking & Insurance Context.ph Context.ph -
Rizal Commercial Banking Corp. (RCBC), the country’s sixth-largest lender, has successfully listed its Series F ASEAN Sustainability Bonds due 2028 on the Philippine Dealing and Exchange Corp. (PDEx), raising a total of P12.21 billion.
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