Rizal Commercial Banking

Rizal Commercial Banking Corporation (RCBC) is a prominent financial institution based in Makati City, Philippines, offering a comprehensive suite of banking and financial services both domestically and internationally. The bank operates through various segments, including Retail, Corporate, Small and Medium Enterprises, and Treasury. It provides essential services such as savings and checking accounts, time deposits, personal loans, and credit facilities, along with investment banking services like underwriting and financial advisory. RCBC also offers a range of cards, insurance products, unit investment trust funds, and wealth management services. The bank supports customers with electronic and traditional banking options, including mobile and internet banking. As of the end of 2019, RCBC maintained a network of 496 branches and 1,530 automated teller machines. Founded in 1960 and originally known as Rizal Development Bank, it became Rizal Commercial Banking Corporation in 1963 and serves as the financial flagship of the Yuchengco Group of Companies.

3 past transactions

JP Laurel Rural Bank

Acquisition in 2009
JP Laurel Rural Bank is a privately held company that provides banking and financial products and services.

Merchants Savings & Loan Association

Acquisition in 2008
Merchants Savings & Loan Association is a privately held company that offers thrift banking services.

ACEN

ACEN is a Philippines-based energy provider and a key player in the renewable energy sector, operating as the energy platform of the Ayala Group. With approximately 4,000 MW of attributable capacity from facilities in the Philippines, Vietnam, Indonesia, India, and Australia, ACEN boasts a renewable energy share of 98%, making it one of the leaders in the region. The company's operations are divided into three segments: the Philippines segment, which primarily generates revenue through retail electricity supply and the generation, transmission, distribution, and supply of both renewable and thermal energy; the International segment, which focuses on similar activities abroad; and the Parent and Others segment, which encompasses various interests, including oil and gas exploration and production. This diverse approach positions ACEN as a significant contributor to the energy landscape in Southeast Asia and beyond.
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