Tag: RCBC

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RCBC Expands Global Reach via Japan Partnership

Banking & Insurance Context.ph Context.ph -
Rizal Commercial Banking Corp. (RCBC) has strengthened its global remittance footprint after forging a strategic partnership with Digital Wallet Corporation, the operator of Smiles Mobile Remittance, Japan’s leading mobile-based overseas money transfer service.

Markets flex muscles, test mental ceilings

Markets Context.ph Context.ph -
The Philippine Stock Exchange index has kicked off 2026 with a swagger, finally muscling its way out of the long-suffocating 5,800–6,100 range. 

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.
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DMCI Holdings profit jumps 28% on stronger unit earnings

Corporate 0
Record earnings from its power generation and nickel mining businesses, stronger real estate and construction contributions, and sharply reduced cement losses lifted DMCI Holdings Inc.'s net income by 28 percent to P15 billion in the first nine months of 2026.

Toyota promotes TMP’s Hashimoto to lead Asia operations

Mobility 0
Masando Hashimoto’s Philippine assignment is taking him to a bigger regional stage, with Toyota Motor Corp. naming the Toyota Motor Philippines Corp. (TMP) president chief executive officer of its Asia Region effective January 1, 2027.

Philippine agricultural trade deficit widens as exports slump

Agriculture 0
The Philippines’ agricultural trade deficit widened by nearly a quarter in September 2026 as a sharp decline in export earnings outweighed higher import spending, underscoring the country’s persistent dependence on foreign food and farm products.

DOT seeks wider China visa-free access, tighter checks to curb abuse

Travel & Tourism 0
The Department of Tourism (DOT) is seeking to renew and eventually expand visa-free entry for Chinese tourists, arguing that tighter monitoring can address security concerns without shutting out legitimate visitors.

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