rcbc | ABS-CBN News

RCBC says to get P27-B infusion from Japan's SMBC

ABS-CBN News
Posted at Nov 03 12:07 PM

RiCBC said it has approved the increase in shareholding of Japan's Sumitomo Mitsui Banking Corp (SMBC) to 20 percent from 4.999 percent. Read more »

Revenge spending drives up credit card use: RCBC Bankard

ABS-CBN News
Updated as of Jun 15 12:27 PM

Credit card spending rose 45 percent during the first 5 months of the year driven by pent-up demand and increased e-commerce adoption, RCBC Bankard said. Read more »

Green advocates demand reparations from World Bank's IFC, RCBC

ABS-CBN News
Posted at Apr 08 10:48 AM

Environmental advocates have held a coordinated protest to demand climate reparations and immediate action from IFC and RCBC. Read more »

PH debt hits record P11.97 trillion in October

ABS-CBN News
Updated as of Dec 01 04:06 PM

Since October last year, the government has added P1.9 trillion to the national debt. Read more »

RCBC net income at P5.3 billion in first 9 months

ABS-CBN News
Updated as of Nov 15 10:09 AM

Rizal Commercial Banking Corp said Monday its unaudited consolidated net income surged 33 percent to P5.3 billion for the first 9 months of the year compared to the same period last year. Read more »

Ushering the new way of banking

RCBC
Updated as of Sep 08 04:07 PM

With community restrictions still in place, banking institutions are coming up with digital transformations and new ways to do banking. Read more »

RCBC posts 7 percent increase in net income in H1

ABS-CBN News
Posted at Aug 16 12:44 PM

Rizal Commercial Banking Corp on Monday said its consolidated net income for the first half of 2021 rose 7 percent to P3.3. billion compared to the same period last year. Read more »

RCBC eyes digital banking license to boost profits, official says

Bruce Rodriguez, ABS-CBN News
Updated as of Jun 30 10:33 AM

Rizal Commercial Banking Corp has plans to apply for a digital banking license, its president and CEO Eugene Acevedo said Tuesday. Read more »

Japan's Sumitomo Mitsui to take 5 pct stake in RCBC

Reuters
Posted at Jun 28 08:49 PM

SMFG, Japan's second biggest lender by assets, said it saw the Philippines as a key market, and cited RCBC's strength in digital banking services. Read more »

Worried about pandemic costs? 'Sachet' insurance now available via mobile apps

Jessica Fenol, ABS-CBN News
Updated as of Apr 20 01:53 PM

The costs of COVID-19 treatment in the Philippines can run up to millions. State-run PhilHealth as well as health plans cover a certain percentage but based from survivor accounts, they still have to shell out hundreds of thousands, if not millions, for the treatment alone.  Read more »

RCBC's DiskarTech to offer loans, launch app in Visayan to get more users

Jessica Fenol, ABS-CBN News
Updated as of Mar 24 06:40 PM

RCBC's Diskartech app will offer several loan products next month and will also launch its interface in the Visayan language to attract more users.  Read more »

RCBC says DiskarTech app users 'more than doubled' daily deposits in January

ABS-CBN News
Posted at Mar 02 01:46 PM

Rizal Commercial Banking Corp on Tuesday said its digital savings account DiskarTech "more than doubled" its daily deposits in January.  Read more »

New COVID-19 virus variant a 'downside' to PH economic recovery: economist

Bruce Rodriguez, ABS-CBN News
Updated as of Dec 30 08:18 PM

The new variant of the COVID-19 virus is posing a downside risk for the Philippines' economic recovery, an economist said Wednesday. Read more »

LIST: Banks waiving interbank transfer fees

ABS-CBN News
Posted at Dec 29 05:35 PM

Several banks have announced that they will be waiving interbank transfer fees via Instapay and PESONet to encourage online transactions amid the continued threat of COVID-19.   Read more »

PNB offers free bank transfers via Instapay, PESONet until March 31

ABS-CBN News
Posted at Dec 29 12:43 PM

Philippine National Bank (PNB) is extending its free bank transfers using Instapay and PESONet up to March 31 to encourage online banking to avoid the spread of COVID-19. Read more »

Be smarter with your money in 2021

RCBC
Posted at Dec 29 08:01 AM

A lesson that most Filipinos learned the hard way this year is that in times of crisis it is always better to be financially secured and prepared. Read more »

Metrobank waives fees for Instapay, PESONet until March 31

ABS-CBN News
Posted at Dec 28 01:04 PM

Metrobank announced Monday that it is waiving fees for interbank transfers using Instapay and PESONet up to March 31 next year to encourage clients to use online transactions amid the COVID-19 crisis.   Read more »

ChinaBank, UnionBank extend free interbank transfer until Mar 31, RCBC until Jan 31

ABS-CBN News
Updated as of Dec 23 09:37 PM

ChinaBank and UnionBank have announced they will extend free interbank transfer until Mar. 31, while RCBC will also extend until Jan. 31 next year. Read more »

LIST: Banks announce schedules for Christmas holidays

ABS-CBN News
Updated as of Dec 23 09:05 AM

Local banks have announced their schedules for the holidays and advised clients to settle bank transactions early. Read more »

RCBC waives PesoNet, InstaPay fees until Dec. 31

ABS-CBN News
Posted at Sep 30 09:45 AM

Rizal Commercial Banking Corp said Wednesday it would continue waiving fees for online fund transfers until Dec. 31 to offer relief for Filipinos during the pandemic.    Read more »