^
+ Follow RIZAL COMMERCIAL BANK CORP Tag
RIZAL COMMERCIAL BANK CORP
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 1480557
                    [Title] => Fitch affirms ratings of 3 major Philippine banks
                    [Summary] => 

Global ratings agency Fitch Ratings has affirmed the credit ratings of three major Philippine banks at speculative grade amid sufficient funding and liquidity in the country’s financial system.

[DatePublished] => 2015-07-24 10:00:00 [ColumnID] => 0 [Focus] => 0 [AuthorID] => 1097197 [AuthorName] => Lawrence Agcaoili [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 520682 [Title] => Bank rob-slay suspect falls [Summary] =>

One of the prime suspects in the killing of 10 people in the May 16, 2008 heist at the Rizal Commercial Bank Corp. (RCBC) branch in Cabuyao, Laguna was arrested in San Remegio, Antique last Sunday, police said.

[DatePublished] => 2009-11-07 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Nation [SectionUrl] => nation [URL] => ) [2] => Array ( [ArticleID] => 298127 [Title] => RCBC plans to raise capital via entry of new investors [Summary] => The Yuchengcos are looking at the possibility of diluting its share in Rizal Commercial Bank Corp. (RCBC) to 51 percent from the present 60 percent, through the entry of a strategic partner.

"One approach we are looking at where they (Yuchengcos) would be able to dilute their shares in the bank is through the entry of a strategic partner," RCBC vice chairman and chief executive officer Cesar Virata said.

With the Yuchengcos willing to own up to 51 percent of RCBC, Virata said, this would allow other parties to own 49 percent of the bank.
[DatePublished] => 2005-09-23 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1096364 [AuthorName] => Donnabelle L. Gatdula [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 266058 [Title] => PBCom sells P12.156B of non-performing loans [Summary] => Philippine Bank of Communications (PBCom) has disposed of P12.156 billion worth of non-performing loans (NPLs) it had placed at the auction block.

Unimark Investments Corp., a registered special purpose vehicle (SPV), acquired the bad loans for an undisclosed amount. The SPV is headed by Robin Sy, the president of the Federation of Filipino-Chinese Chamber of Commerce.
[DatePublished] => 2004-10-13 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 238364 [Title] => RCBC focuses on consumer banking [Summary] => The Rizal Commercial Bank Corp. (RCBC) is concerned about the political uncertainties of the May national elections and threats of higher interest rates this year.

Newly-installed president Francisco S. Magsajo Jr. said that they are putting more emphasis on consumer lending among others as corporate lending remains flat.

"A lot of our strategies remains uncertain although loan growth must grow over 10 percent," Magsajo said yesterday.
[DatePublished] => 2004-02-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [5] => Array ( [ArticleID] => 96442 [Title] => RCBC searching for possible acquisition opportunities [Summary] => The Yuchengco-led Rizal Commercial Bank Corp. (RCBC) is still on the lookout for acquisition opportunities to expand its banking activities.

According to RCBC executive vice president for corporate planning Cesar A. Rubio, the bank is still evaluating the benefits of acquiring the financially troubled Urban Bank.

"We have already expressed our interest but it is still very preliminary. We still have to look at the available information," Rubio told The STAR.
[DatePublished] => 2001-03-17 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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