Tag: RCBC

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RCBC backs Yuchengco solar power venture

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

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

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

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

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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Boomers bring Gilas crashing back to Earth

Every basketball giant has an off night. For Gilas Pilipinas, this one arrived with a kangaroo-sized reality check on Monday night.

Aboitiz Group helping professionalize meat industry sector workers with Tesda, IVTSI

Aboitiz-led Pilmico Animal Nutrition Corp. has teamed up with Infinity Vocational Training School Inc. (IVTSI) and the Technical Education and Skills Development Authority (TESDA) to deliver hands-on training at its Tarlac Meatmasters facility—the country’s first Triple AAA-accredited multi-meat processing plant.

DOE prepares power distributors for nuclear energy integration, unveils tender plan

The Department of Energy (DOE) is building the capacity of distribution utilities (DUs) to support the future addition of nuclear power to the country’s energy mix, as outlined in the Philippine Energy Plan 2023–2050.

Mixed fuel price adjustments expected; 203 power firms warned by DOE

The Department of Energy (DOE) announced on Monday that fuel prices will see mixed adjustments this week, even as global crude markets begin to stabilize.

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