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July 31, 2015 7:30 PM ET

Banks

Company Overview of Rizal Commercial Banking Corporation

Company Overview

Rizal Commercial Banking Corporation provides banking and financial products and services in the Philippines and internationally. It operates through Retail Banking, Corporate Banking, Treasury, and Others segments. The company’s deposit products include checking and savings accounts, time deposits, foreign currency deposits, and cash cards. Its loan portfolio comprises commercial and consumer loans; and wholesale lending, rediscounting, and guaranty facilities. The company also provides remittance, payment and settlement, treasury, trust, overdraft facilities, money market, and trading services. In addition, it offers corporate cash management services, such as collection and receivables se...

Yuchengco Tower

RCBC Plaza

6819 Ayala Avenue

Makati City,  0727

Philippines

Founded in 1960

Phone:

63 2 894 9000

Key Executives for Rizal Commercial Banking Corporation

Rizal Commercial Banking Corporation does not have any Key Executives recorded.

Rizal Commercial Banking Corporation Key Developments

Rizal Commercial Banking Corporation Approves Cash Dividend for Convertible Preferred Shares; Announces Management Changes

Rizal Commercial Banking Corporation announced the Board of Directors, in its regular meeting held on 27 July 2015, approved: Declaration and payment of cash dividend, subject to the company approval, for the Bank's convertible preferred shares amounting to PHP 0.05830 per share or a total of PHP 18,108.295 payable to holders of convertible preferred shares as of September 21, 2015. The actual and final amount of the cash dividends may be lower if there are additional conversions to common stock prior to and up to September 21, 2015. The directors also approved designation of Mr. Alfredo S. Del Rosario, Jr. as Director of Rizal Microbank, subject To Approve the BSP. Mr. Del Rosario is currently an Executive Vice President and the Head of the Asset Management & Remedial Group of Rizal Commercial Banking Corporation (RCBC) and was a former Director of Rizal Microbank. The directors also approved secondment of Jose Ma. B. Abola Jr. to RCBC Savings Bank as Head of the Account Management Division, Consumer Lending Group. Currently, Mr. Abola is the Head of the Mindanao Lending Center, CSMES with previous experiences in consumer and commercial lending and exposure to handling operations of various companies. Secondment of Olga Castro to RCBC Leasing & Finance Corporation as Internal Audit Head effective August 1, 2015. She is currently the Senior Audit Manager of Cluster 2, Internal Audit Group.

Rizal Commercial Banking Corporation Mandates Deutsche Bank and ING Bank for USD 200 Million 3 Year Syndicated Term Loan Facility

Rizal Commercial Banking Corporation has mandated Deutsche Bank and ING Bank to arrange a USD 200 million 3 year syndicated term loan facility on its behalf. Proceeds of the facility will be used for general corporate purposes.

Rizal Commercial Banking Corp. to Open Up to 25 Branches in 2015

Rizal Commercial Banking Corp. to open up to 25 branches in 2015 after securing licenses for 50 branches in restricted areas last December.

Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
May 26, 2015
Merchants Savings & Loan Association Inc.
Merger/Acquisition
September 29, 2014
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To contact Rizal Commercial Banking Corporation, please visit www.rcbc.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

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