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The International Finance Corp. (IFC) has approved a medium-term loan of up to $30 million to Rizal Commercial Banking Corp. (RCBC) for the financing of small and medium-sized enterprises (SMEs), including women-led businesses, spur job creation, as well as help support Super Typhoon Yolanda-affected SMEs.

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International Finance Corp. (IFC), the private sector financial arm of the World Bank group, completed its 5.6 percent equity investment in Yuchengco-led Rizal Commercial Banking Corp. (RCBC).

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                    [Title] => IFC to invest $100M in RCBC
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The International Finance Corp. (IFC), the private sector investment arm of the World Bank Group, has approved a $100-million investment in Yuchengco-owned Rizal Commercial Banking Corp. (RCBC).

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                    [Title] => IFC ups stake in RCBC
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The International Finance Corp. (IFC) will invest in another $100 million worth of shares in Rizal Commercial Banking Corp. (RCBC), the financial arm of the Yuchengco family.

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                    [Title] => IFC to help Phl banks meet Basel III reqm’t
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                    [Title] => World Bank arm eyes higher stake in BDO, RCBC
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Sy-owned Banco De Oro Unibank Inc. (BDO) said it expects its net income to reach P10.5 billion in 2011, 19 percent higher than the P8.8-billion recorded in 2010.
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CAPITALIZATION FUND

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International Finance Corp. (IFC), the private sector financial arm of the World Bank group, completed its 5.6 percent equity investment in Yuchengco-led Rizal Commercial Banking Corp. (RCBC).

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                    [Title] => IFC to invest $100M in RCBC
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The International Finance Corp. (IFC), the private sector investment arm of the World Bank Group, has approved a $100-million investment in Yuchengco-owned Rizal Commercial Banking Corp. (RCBC).

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Industry leader Banco De Oro Unibank Inc. (BDO) will issue P5-billion worth of subordinated notes qualifying as Tier 2 capital to fund its expansion plans and enhance its capital adequacy ratio (CAR).
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                    [Title] => IFC acquires 6.7% stake in RCBC
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abtest

IFC invests in RCBC’s $320-M notes issue

By Ted P. Torres | October 30, 2015 - 10:00am

The International Finance Corp. (IFC), a member of the World Bank Group, was the anchor investor in Rizal Commercial Banking Corp.’s issuance of $320 million 5.25-year senior unsecured fixed-rate notes to help...

Business

IFC approves $30-M loan to RCBC for SME financing

By Ted P. Torres | November 7, 2014 - 12:00am

The International Finance Corp. (IFC) has approved a medium-term loan of up to $30 million to Rizal Commercial Banking Corp. (RCBC) for the financing of small and medium-sized enterprises (SMEs), including women-led...

Business

IFC completes equity investment in RCBC

By Donnabelle L. Gatdula | April 30, 2013 - 12:00am

International Finance Corp. (IFC), the private sector financial arm of the World Bank group, completed its 5.6 percent equity investment in Yuchengco-led Rizal Commercial Banking Corp. (RCBC).

Business

IFC to invest $100M in RCBC

By Donnabelle L. Gatdula | February 18, 2013 - 12:00am

The International Finance Corp. (IFC), the private sector investment arm of the World Bank Group, has approved a $100-million investment in Yuchengco-owned Rizal Commercial Banking Corp. (RCBC).

Business

IFC ups stake in RCBC

By Donnabelle L. Gatdula | January 6, 2013 - 12:00am

The International Finance Corp. (IFC) will invest in another $100 million worth of shares in Rizal Commercial Banking Corp. (RCBC), the financial arm of the Yuchengco family.

Business

IFC to help Phl banks meet Basel III reqm’t

By Ted P. Torres | November 18, 2012 - 12:00am

The International Finance Corp. (IFC) is prepared to enter into agreements with Philippine banks that need to raise Tier 1 and Tier 2 capital to meet the stiff requirements of Basel III international framework....

Business

World Bank arm eyes higher stake in BDO, RCBC

By Donnabelle L. Gatdula | September 24, 2012 - 12:00am

The International Finance Corp. (IFC), the World Bank’s private sector financing arm, is looking at the possibility of increasing its stake in Banco de Oro Unibank and Rizal Commercial Banking Corp. (RCBC),...

Business

BDO sets P5-billion subordinated notes issue for Tier 2 capital

By Ted P. Torres | June 6, 2011 - 12:00am

Industry leader Banco De Oro Unibank Inc. (BDO) will issue P5-billion worth of subordinated notes qualifying as Tier 2 capital to fund its expansion plans and enhance its capital adequacy ratio (CAR).

Business

BDO sees net income rising 19% to P10.5 B in 2011

By Ted P. Torres | May 28, 2011 - 12:00am

Sy-owned Banco De Oro Unibank Inc. (BDO) said it expects its net income to reach P10.5 billion in 2011, 19 percent higher than the P8.8-billion recorded in 2010.

Business

IFC acquires 6.7% stake in RCBC

By Ted P. Torres | March 9, 2011 - 12:00am

The International Finance Corp. (IFC) has acquired a 6.7 percent stake in Rizal Commercial Banking Corp. (RCBC) worth an estimated P2 billion.

Business