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The bank was established by Alfonso Yuchengco on September 23, 1960, as Rizal Development Bank, a small development bank in Rizal province. [13] It was later upgraded to a commercial bank upon the approval of the Bangko Sentral ng Pilipinas and, in 1963, began operation as such under its present name Rizal Commercial Banking Corporation (RCBC).
In 2000, majority of Bankard was sold to the Yuchengco Group of Companies, owner of Rizal Commercial Banking Corporation (RCBC). [3] RCBC's credit card operations, RCBC Card, were subsequently merged into Bankard, forming the current company. Through RCBC Card, Bankard also started issuing JCB cards. Bankard was two-thirds owned by the ...
María Tiaoqui. Alfonso Tiaoqui Yuchengco (simplified Chinese: 杨应琳; traditional Chinese: 楊應琳; pinyin: Yáng Yìng-lín; Pe̍h-ōe-jī: Iûⁿ Èng-lîm; February 6, 1923 – April 15, 2017) was a Filipino accountant, banker, businessmanpanies, one of the largest family-owned conglomerates in the Philippines. He ayQ aas ywa man diay ka.
Eugene Sering Acevedo is a Filipino business executive. He is the President and chief executive officer of Rizal Commercial Banking Corporation (RCBC), [1][2][3] Previous to this, he held senior leadership positions in three banks. He was president and CEO of Philippine National Bank, Chairman of CitySavings, [4] and managing director with ...
The Philippines has a comprehensive banking system encompassing various types of banks, from large universal banks to small rural banks and even non-banks.As of September 30, 2022, [1] there were 45 universal and commercial banks, [2] 44 savings banks, [3] 400 rural and cooperative banks, [4] 40 credit unions and 6,267 non-banks with quasi-banking functions, all licensed by the Bangko Sentral ...
Metropolitan Bank & Trust Company (Metrobank) was established by a group of businessmen on September 5, 1962, at the Wellington Building in Binondo, Manila. In August 1963, the bank's first branch was established in Divisoria. Four years later, Metrobank opened its first provincial branch in Davao. In the early 1970s, Metrobank opened its first ...
RCBC Plaza is an office skyscraper complex located in Makati, Philippines. It is home to the offices of the Rizal Commercial Banking Corporation (RCBC) and is composed of two buildings: the taller RCBC Plaza Yuchengco Tower (Tower 1) and the smaller RCBC Plaza Tower 2. The taller tower stands at 192 meters (630 ft) from the ground to its ...
The Union Bank of the Philippines, Inc. (PSE: UBP), more commonly known as UnionBank, is one of the universal banks in the Philippines and the ninth largest bank in the country by assets. [ 2 ] UnionBank is a joint consortium among the Aboitiz Group, Insular Life, and Social Security System. It started operations in 1981 and became a commercial ...