RCBC named best banking group in Phl anew

MANILA, Philippines - The World Finance, a leading international financial magazine, for the second consecutive year has named Rizal Commercial Banking Corp. (RCBC) as the Philippines’ Best Banking Group. “Our promise to our customers still remains – to further enhance the way they perform their banking transactions by creating smarter technologies – and this is reflected in all the accolades that we have been receiving for the past year,” RCBC president and CEO Lorenzo V. Tan said. In line with its vision to be the leading innovator of integrated financial services in the country, RCBC has since strengthened its electronic banking channels, particularly for its retail banking and small to medium enterprise (SME) sectors, creating new growth opportunities for its consumer market and catering to the un-banked segment of the Philippine population. Other divisions under RCBC like wealth management, SME and its microfinance arm, Rizal Microbank, have also been recognized by international organizations for their outstanding performance and excellent customer service. In the corporate governance sphere, RCBC was also cited by Corporate Governance Asia for upholding sound business principles and effective policies that comply with the regulations set by the Bangko Sentral ng Pilipinas and Securities and Exchange Commission.