RCBC

25 Feb 2025

8:35AM

RCBC outpaced industry in consumer loan growth, posted P9.5-B profit in 2024

“We have grown our consumer loan portfolio at blistering speeds, surpassing industry,” RCBC president and CEO Eugene Acevedo said. “This complements our portfolio strategy while ensuring strong engagement with our customer base as their primary bank.”

6 Dec 2024

8:57AM

RCBC projects 50% credit card spending growth this holiday season

Spending on toys, electronics, clothing, and department stores is expected to significantly contribute to the increase, alongside higher expenditures on travel, groceries, and restaurants as families and friends gather for celebrations.

20 Nov 2024

10:08AM

Bangladesh central bank pursues default judgment in $101-M cyber heist case

Bangladesh Bank accuses the defendants of participating in the theft and transferring stolen money into casino accounts in the Philippines. The motion highlights a lack of response from certain defendants, including money changer Philrem and dismissed bank officials Maia Deguito and Angela Ruth Torres.

30 Jul 2024

11:09AM

Ismael S. Reyes named president of RCBC's Rizal Microbank

Ismael S. Reyes has been seconded to Rizal Microbank Inc. as president, effective August 16

13 May 2024

3:30PM

RCBC posts P2.2 billion profit in Q1 2024, driven by robust core business growth

By: Miguel R. Camus

The Yuchengco familys’ Rizal Commercial Banking Corp. (RCBC) recorded a robust unaudited net income of P2.2 billion during the first quarter of 2024, fueled by a significant 32 percent increase in net interest income and a 44 percent rise in fees.