Tag: RCBC

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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.

RCBC eyes P3B from Sustainability Bond offer

Banking & Insurance Context.ph Context.ph -
Rizal Commercial Banking Corp., the country’s 6th largest lender by assets, said it aims to raise at least P3 billion with its return to...
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SSS, RCBC team up to widen digital microloans

Banking & Insurance 0
The Social Security System (SSS) and Rizal Commercial Banking Corp. have signed a memorandum of understanding to expand digital access to short-term credit, rolling out the pension fund’s LoanLite facility through RCBC’s mobile platform.

Luzon Grid under yellow alert due to power plant outages

Energy & Mining 0
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

Corporate 0
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

Transport & Logistics 0
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.

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