Rizal Commercial Banking Corp (RCB)

Rizal Commercial Banking Corporation engages in the provision of banking and financial products and services in the Philippines and internationally. It operates through Corporate Banking, Small and Medium Enterprises Banking, Retail Banking, Consumer Banking, Treasury, and Trust and Private Banking segments. The company accepts savings, checking, and time deposits, as well as foreign currency deposits. It also offers housing, auto, microfinance, and personal loans; trade finance and treasury services; short-term revolving facilities, such as credit, accounts receivable, bills purchased, and check purchase lines, as well as floor stock financing services; letters of credit, trust receipt, and shipping guarantee services; export advance loan/line, export bills purchased line, standby letters of credit, and bank guarantee services; and long-term non-revolving facility services. In addition, the company provides debit, credit, and prepaid cards; insurance products; unit investment trust funds, fixed income securities, custodianship, and personal trust and investment management services; and escrow, wealth and cash management, mortgage trust indenture, facility/loan agency, stock/transfer agency, receivable and disbursement, and remittance services, as well as mobile, and internet banking services. Further, it is involved in the investment banking, leasing, foreign exchange, stock brokering, and financial leasing activities. Additionally, the company offers advisory, retirement planning, and estate planning services. As of December 31, 2021, it operated through a network of 434 branches, which included 6 extension offices; 1,245 automated teller machines (ATM); and 1,589 ATM Go terminals. The company was formerly known as Rizal Development Bank and changed its name to Rizal Commercial Banking Corporation in January 1963. Rizal Commercial Banking Corporation was incorporated in 1960 and is based in Makati City, the Philippines.