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News and Events

Got Php50K? Lend To RCBC for 5.5 Years and Earn 5.5% p.a.

The bank is offering long-term negotiable certificates of deposit (LTNCDs) until September 21

Rizal Commercial Banking Corp. (RCBC), the country’s 10th biggest bank by assets as of the second quarter of 2018, is offering to the investing public long-term negotiable certificates of deposit (LTNCDs) that will mature in 2024.The bank has set the interest rate ...

by Pauline Macaraeg  | September 14, 2018 11:00:00
News and Events

From Sari-Sari Store ATMs to Blockchain-Powered Remittance: RCBC Displays Knack for Fintech

The country's 10th biggest lender is rolling out several technological firsts in the banking industry

RCBC ePiso is the country’s first digital fiat currency, which clients can use to access financial services without the need to open and maintain a bank account“If you’re talking about financial inclusion, necessarily you have to talk about digital banking.”Those were the introductory ...

by Lorenzo Kyle Subido  | July 16, 2018 09:00:00
News and Events

PH Moving to Test Digital Fiat Currencies With RCBC’s ePiso

The low-key rollout of the ePiso is in line with BSP’s aim to study new digital payments technologies

When universal bank Rizal Commercial Banking Corp. (RCBC) rolled out its digital currency product called ePiso in May, the move hardly made any ripple in the banking world. The news appeared in the inside pages of a few business papers but did ...

by Lorenzo Kyle Subido  | June 14, 2018 04:00:00
News and Events

Which Bank Branches Are Open During Holy Week?

Guide to operating hours of the country’s top banks during the Lenten break

Banking clients are advised to finish all their banking transactions on or before Wednesday, March 28, as most banks will be closed this Holy Week.From Maundy Thursday (March 29) until Easter Sunday (April 1), only a few branches of Metropolitan Bank & ...

by Pauline Macaraeg  | March 28, 2018 09:00:00
News and Events

You Can Prevent Bank Fraud and Data Theft by Shifting to EMV Cards. Here's What You Need To Know

The BSP has required all financial institutions to make their systems EMV-compliant by end-June 2018

The first few weeks of 2018 have been rough for the Philippine banking industry. The Bangko Sentral ng Pilipinas (BSP) and many of the country’s biggest banks issued warnings for banking customers to be vigilant against fraud and unauthorized access to their ...

by Lorenzo Kyle Subido  | January 23, 2018 02:00:00
News and Events

Alfonso Yuchengco: Banker, Insurance Tycoon and Diplomat

The founder of RCBC and former UN ambassador passed away last April 15

Banking tycoon and former diplomat Alfonso Yuchengco passed away on Saturday, April 15, the Rizal Commercial Banking Corporation (RCBC) disclosed to the stock exchange on Monday. He was 94.The founding chairman of the RCBC led and established multiple firms across different industries ...

by Elyssa Christine Lopez  | April 17, 2017 06:00:00
News and Events

Bank Schedule for Holy Week 2017

Most will be closed, so make sure you're prepared

Banks are advising clients to accomplish all over-the-counter banking transactions by April 12, Wednesday, as most bank branches will be closed from April 13, Maundy Thursday, to April 16, Easter Sunday. However, a few banks will open some branches with adjusted hours ...

by Pauline Macaraeg  | April 12, 2017 11:00:00
Startup Tips

Going to the bank for business funding

Don’t overlook the obvious ”" bank loans are an option if you have collateral

Banks, which look for predictability, are the more likely source of funding for more traditional, established businesses needing capital.Kerwin Wesley Co, vice president at Global Winds Corporation which imports and distributes pest control products, says he was met with some resistance at ...

by Entrepreneur Staff  | September 09, 2016 05:00:00
News and Events

Bank schedules for Holy Week 2016

(UPDATED) Customers are advised to accomplish all bank activities before the Holy Week break.

Please update this page for further announcements.(UPDATED) Most banks will be closed starting Maundy Thursday, March 24, with some selected bank branches open for customers during the Holy Week.BPI (Bank of the Philippine Islands) and BPI Family Savings BankAll branches and kiosks ...

by Entrepreneur Staff  | March 20, 2016 01:00:00
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