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The divestment of Rizal Commercial Banking Corp. (RCBC) in its property companies would be “credit positive” for the Yuchengco-owned bank as it would strengthen its capital position, according to New York-based Moody’s Investors Service.

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PAN MALAYAN MANAGEMENT AND INVESTMENT CORP

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Moody’s praises RCBC’s property divestment

By Donnabelle L. Gatdula | August 23, 2013 - 12:00am

The divestment of Rizal Commercial Banking Corp. (RCBC) in its property companies would be “credit positive” for the Yuchengco-owned bank as it would strengthen its capital position, according to New...

Business