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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 »

RCBC posts hike in H1 profit as revenues, core businesses improve

ABS-CBN News
Posted at Aug 12 12:00 PM

Rizal Commercial Banking Corp (RCBC) on Wednesday said its net income grew in the first half of the year as net interest income, trading gains and core businesses improved. Read more »

From electricity and water bills to bank loans, here's a list of deferred due dates due to COVID-19

Updated as of Mar 29 01:05 PM

Offering a reprieve for Filipinos, utilities, banks, and insurance companies offer extensions on payments. By MAAN D’ASIS PAMARAN Read more »

Coronavirus lockdown spurred 'huge jump' in online banking: RCBC

ABS-CBN News
Posted at Mar 24 03:23 PM

The number of online banking transactions climbed "exponentially" following the coronavirus lockdown in Luzon, an official of Rizal Commercial Banking Corp said on Tuesday.  Read more »

RCBC set to launch virtual banking service in January

ABS-CBN News
Posted at Nov 27 11:01 PM

Major Philippine bank RCBC believes another policy rate adjustment by year-end isn't off the table as it lowers its growth forecast for the country. Read more »

RCBC accused of suppressing evidence in money laundering case

Mike Navallo, ABS-CBN News
Posted at Sep 24 07:22 PM

The Rizal Commercial Banking Corporation (RCBC) was accused Tuesday of suppressing evidence in the money laundering case against some of its current and former officials. Read more »

Gov't spending to pickup in second half: RCBC

ABS-CBN News
Posted at Aug 08 09:18 AM

Government spending will rebound in the second half, in a boost to economic growth, RCBC chief economist Mike Ricafort says. Loan demand will help the banking sector grow throughout the rest of 2019, he says. Read more »

RCBC bank 'fighting its way back' to the top, president says

Cathy Yang, ABS-CBN News
Updated as of Jul 26 05:39 PM

Rizal Commercial Banking Corp is regaining ground, as it recovered from the fallout of a $81 million (P4.1 billion) money laundering caper, its president said Friday. Read more »

RCBC secures regulator approval for merger with thrift unit

ABS-CBN News
Posted at Jul 23 10:45 AM

The regulator approved the merger between RCBC and RCBC Savings Bank on Monday, the lender said. The Bangko Sentral ng Pilipinas approved the deal in June, RCBC said in a disclosure. Read more »

Fintech group seeks 'seamless' onboarding for unbanked Filipinos

ABS-CBN News
Updated as of May 27 10:52 AM

Adopting formal financial channels should be "seamless" for millions of Filipinos who don't have accounts with banks and financial institutions, said Fintech Alliance chairman Lito Villanueva, who is also EVP and chief innovation and inclusion officer for RCBC. Read more »