^
+ Follow RIZALINO S Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 378497
                    [Title] => Navarro retires from RCBC
                    [Summary] => 



The Yuchengco-led Rizal Commercial Banking Corp. (RCBC) will have a new chief executive officer starting Feb. 1 this year.


This as Sun Life Financial-Philippines (SLFP) president and chief executive officer Lorenzo V. Tan will assume the CEO post in lieu of the bank’s executive vice chairman and CEO Rizalino S. Navarro, who has retired, but will retain other responsibilities within the Yuchengco Group of companies.
[DatePublished] => 2007-01-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 377089 [Title] => US fund manager wraps up purchase of RCBC stake [Summary] => International fund manager Spinnaker Capital Group has completed the purchase of over 13 percent of the Yuchengco-led Rizal Commercial Banking Corp. (RCBC), making it the new minority partner in one of the country’s biggest lenders.

In a disclosure to the Philippine Stock Exchange (PSE); RCBC said Spinnaker Global Strategic FundLtd. acquired a 5.48-percent stake while Spinnaker Global Emerging Markets Fund Ltd. bought 8.06 percent of the bank.

RCBC said the Spinnaker Capital Group bought the shares last Dec. 15 to be used for investment purposes.
[DatePublished] => 2006-12-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 343594 [Title] => GE Consumer Finance buys Bankard from RCBC [Summary] => GE Consumer Finance (GECF) has acquired credit card firm Bankard Inc. following the recent launch of GE Money Bank, a thrift and savings bank.

Bankard is a 72-percent owned subsidiary of RCBC Capital Corp., which, in turn, is a wholly-owned subsidiary of universal bank Rizal Commecial Banking Corp. (RCBC).

The RCBC board of directors reported that it had "accepted the GECF proposal to acquire substantially all of Bankard’s assets and to assume certain liabilities related to its credit card-issuing and cards-present merchant acquiring businesses."
[DatePublished] => 2006-06-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 334687 [Title] => RCBC reports 33% hike in 2005 net profit to P1.6B [Summary] => The Yuchengo-controlled Rizal Commercial Banking Corp. (RCBC) reported an audited net income of P1.6 billion last year, or 33 percent better than the previous year’s profit of P1.2 billion.

RCBC executive vice chairman and chief executive officer Rizalino S. Navarro said the earnings improvement resulted from more income from its core lending business and a larger securities portfolio.
[DatePublished] => 2006-05-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 302723 [Title] => RCBC income up 35% to P724M in first 9 months [Summary] => The Yuchengco-controlled Rizal Commercial Banking Corp. (RCBC) posted a net income of P724 million in the first nine months of 2005, up 35 percent from the P538-million earnings in the same period last year.

RCBC executive vice chairman and chief executive officer Rizalino S. Navarro said in a statement that the growth was attributed to the renewed focus at improving the bank’s bottomline.

Total resources stood at P160.27 billion, or 5.49 percent higher than the end-2004 level, but lower by 4.63 percent compared to the first semester this year.
[DatePublished] => 2005-10-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 210030 [Title] => Araneta won’t seek new term as RCBC president [Summary] => Rizal Commercial Banking Corp. (RCBC) president Valentin Araneta will not stand for re-election as director at the bank’s forthcoming annual stockholders’ meeting on June 30, 2003, and as president/COO during the organizational board meeting on same day.

Having completed major projects that the bank undertook in Treasury, the branch network as integrated delivery channels and capital raising exercises, Araneta had expressed his desire to spend more time with his family and to look at other interests after June 30, 2003.
[DatePublished] => 2003-06-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 96938 [Title] => EEI stockholders approve merger with Philrock [Summary] => Stockholders of publicly listed EEI Corp. ratified on Feb. 1, the merger of wholly owned subsidiary Philrock, Inc. with the company.

Under the merger plan approved during the company’s special stockholder’s meeting, the assets, rights, properties and liabilities of Philrock as of Oct. 31, 2000 will be conveyed and transferred to EEI upon the effective merger date.
[DatePublished] => 2001-02-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 98230 [Title] => EEI-Philrock merger approved [Summary] => EEI Corp. announced yesterday the approval by its board of directors of the merger of wholly owned subsidiary Philrock, Inc. into the company.

EEI – a leader in the construction industry – will be the surviving corporation.

EEI stockholders of record as of Dec. 30, 2000 will have to ratify the board resolution of the EEI Corp.-Philrock merger during a special stockholders’ meeting scheduled on Feb. 1, 2001.
[DatePublished] => 2000-12-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
RIZALINO S
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 378497
                    [Title] => Navarro retires from RCBC
                    [Summary] => 



The Yuchengco-led Rizal Commercial Banking Corp. (RCBC) will have a new chief executive officer starting Feb. 1 this year.


This as Sun Life Financial-Philippines (SLFP) president and chief executive officer Lorenzo V. Tan will assume the CEO post in lieu of the bank’s executive vice chairman and CEO Rizalino S. Navarro, who has retired, but will retain other responsibilities within the Yuchengco Group of companies.
[DatePublished] => 2007-01-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 377089 [Title] => US fund manager wraps up purchase of RCBC stake [Summary] => International fund manager Spinnaker Capital Group has completed the purchase of over 13 percent of the Yuchengco-led Rizal Commercial Banking Corp. (RCBC), making it the new minority partner in one of the country’s biggest lenders.

In a disclosure to the Philippine Stock Exchange (PSE); RCBC said Spinnaker Global Strategic FundLtd. acquired a 5.48-percent stake while Spinnaker Global Emerging Markets Fund Ltd. bought 8.06 percent of the bank.

RCBC said the Spinnaker Capital Group bought the shares last Dec. 15 to be used for investment purposes.
[DatePublished] => 2006-12-28 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1480108 [AuthorName] => Ma. Elisa Osorio  [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 343594 [Title] => GE Consumer Finance buys Bankard from RCBC [Summary] => GE Consumer Finance (GECF) has acquired credit card firm Bankard Inc. following the recent launch of GE Money Bank, a thrift and savings bank.

Bankard is a 72-percent owned subsidiary of RCBC Capital Corp., which, in turn, is a wholly-owned subsidiary of universal bank Rizal Commecial Banking Corp. (RCBC).

The RCBC board of directors reported that it had "accepted the GECF proposal to acquire substantially all of Bankard’s assets and to assume certain liabilities related to its credit card-issuing and cards-present merchant acquiring businesses."
[DatePublished] => 2006-06-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [3] => Array ( [ArticleID] => 334687 [Title] => RCBC reports 33% hike in 2005 net profit to P1.6B [Summary] => The Yuchengo-controlled Rizal Commercial Banking Corp. (RCBC) reported an audited net income of P1.6 billion last year, or 33 percent better than the previous year’s profit of P1.2 billion.

RCBC executive vice chairman and chief executive officer Rizalino S. Navarro said the earnings improvement resulted from more income from its core lending business and a larger securities portfolio.
[DatePublished] => 2006-05-03 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [4] => Array ( [ArticleID] => 302723 [Title] => RCBC income up 35% to P724M in first 9 months [Summary] => The Yuchengco-controlled Rizal Commercial Banking Corp. (RCBC) posted a net income of P724 million in the first nine months of 2005, up 35 percent from the P538-million earnings in the same period last year.

RCBC executive vice chairman and chief executive officer Rizalino S. Navarro said in a statement that the growth was attributed to the renewed focus at improving the bank’s bottomline.

Total resources stood at P160.27 billion, or 5.49 percent higher than the end-2004 level, but lower by 4.63 percent compared to the first semester this year.
[DatePublished] => 2005-10-20 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [5] => Array ( [ArticleID] => 210030 [Title] => Araneta won’t seek new term as RCBC president [Summary] => Rizal Commercial Banking Corp. (RCBC) president Valentin Araneta will not stand for re-election as director at the bank’s forthcoming annual stockholders’ meeting on June 30, 2003, and as president/COO during the organizational board meeting on same day.

Having completed major projects that the bank undertook in Treasury, the branch network as integrated delivery channels and capital raising exercises, Araneta had expressed his desire to spend more time with his family and to look at other interests after June 30, 2003.
[DatePublished] => 2003-06-14 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [6] => Array ( [ArticleID] => 96938 [Title] => EEI stockholders approve merger with Philrock [Summary] => Stockholders of publicly listed EEI Corp. ratified on Feb. 1, the merger of wholly owned subsidiary Philrock, Inc. with the company.

Under the merger plan approved during the company’s special stockholder’s meeting, the assets, rights, properties and liabilities of Philrock as of Oct. 31, 2000 will be conveyed and transferred to EEI upon the effective merger date.
[DatePublished] => 2001-02-05 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) [7] => Array ( [ArticleID] => 98230 [Title] => EEI-Philrock merger approved [Summary] => EEI Corp. announced yesterday the approval by its board of directors of the merger of wholly owned subsidiary Philrock, Inc. into the company.

EEI – a leader in the construction industry – will be the surviving corporation.

EEI stockholders of record as of Dec. 30, 2000 will have to ratify the board resolution of the EEI Corp.-Philrock merger during a special stockholders’ meeting scheduled on Feb. 1, 2001.
[DatePublished] => 2000-12-15 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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