The board of directors of Rizal Commercial Banking Corp. (RCBC, PSE: RCB) has approved the merger of RCBC Savings Bank into RCBC, subject to regulatory approvals. RCBC Savings Bank, a thrift bank, is 100% owned by RCBC. The proposed transaction will facilitate for the RCBC Group the following objectives: (1) more efficient capital deployment; (2) […]
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Rizal Commercial Banking Corporation (PSE: RCB) has declared cash dividends on convertible preferred shares amounting to PhP0.11078 per share, payable to holders of convertible preferred shares as of September 21, 2018. Related Articles:RCBC Offers First Tranche of LTNCDsRCBC Injects PhP800M Capital into RCBC Leasing & FinanceRCBC Net Income at PhP3.5B for the First Nine Months […]
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Rizal Commercial Banking Corp. (RCBC, PSE: RCB) is offering its first tranche of Long-Term Negotiable Certificates of Time Deposit (LTNCDs) due 2024 out of the PhP20 billion approval granted by the Monetary Board of the Bangko Sentral ng Pilipinas last July 12, 2018. The offer period for the first tranche of the LTNCDs will be […]
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At its regular meeting held on August 28, 2018, the Board of Directors of Rizal Commercial Banking Corp. (PSE: RCB) approved the capital infusion of PhP800 million into RCBC Leasing & Finance Corp. It also approved the recall of secondment to RCBC Savings Bank (RSB) of Richard C. Lim and his appointment to the Bank […]
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Makati—(PHStocks)—Rizal Commercial Banking Corp. (RCBC, PSE: RCB) has released the following statement on AMLC complaint/s filed against RCBC executives regarding the $81-million Bangladesh cyber theft issue. “We have yet to receive a copy of the AMLC complaint/s but going by our independent internal investigation early this year, we believe that no head-office official was involved […]
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Makati—(PHStocks)—Rizal Commercial Banking Corp. (PSE: RCB) posted an unaudited consolidated net income of PhP3.50 billion for the nine months ended September 30, 2016. Excluding trading gains and the one-off item relating to the BSP supervisory enforcement action, core earnings increased by 33% year-on-year. Annualized Return on Equity and Return on Assets stood at 7.82% and […]
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Makati—(PHStocks)—Rizal Commercial Banking Corp. (PSE: RCB) posted an unaudited consolidated net income of PhP2.61 billion for the first half of 2016, 3.3% higher than the PhP2.53 billion net income reported for the same period last year. Core income excluding the cyclical trading gains increased by 59%. Annualized Return on Equity and Return on Assets stood […]
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Manila—(PHStocks)—Last week, we presented the 50 best stock performers for March. This post lists the top 30 decliners during the month. PHStocks only selected 30 as the rest in the “Losers Bracket” of our analysis remained flat in March. 1. Agrinurture Inc. (PSE: ANI): PhP4.70, -19.24% 2. Liberty Telecoms Holdings Inc. (PSE: LIB): PhP3.56, -11% […]
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