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Counting and waiting

Children, including us children at heart, are counting the days with Christmas 16 nights/sleep away. But for those who are goody-goody as well as those mischievous are waiting, looking forward to what Santa will give.



The counting and waiting game has also engulfed the corridors of banking. Talks ....

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Succession and merry-go-round

There are many conjectures on the real extent of the health of Fernando Zobel de Ayala following the announcement that shocked almost all of us, market watchers and the business community Monday last week that he was temporarily taking a leave of absence from his responsibility as head honcho of Aya ....

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Bank execs bullish on biz growth as economy recovers

RCBC senior vice president Ma. Christina Alvarez MANILA - The continued recovery of the domestic economy makes executives of Rizal Commercial Banking Corporation (RCBC) optimistic of a similar outcome for the bank. The bank's net income grew by 41 percent year-on-year last year to PHP7.1 billion, driven by the 13-percent rise of both the revenues and loans and 26-percent increase in deposits. In a virtual briefing on Tuesday, RCBC senior vice president Ma. Christina Alvarez said 2021 is a good year for the bank because of strong growth in their core business and they are committed to continue with this performance. "The momentum is there. Really, the outlook is to have the same trajectory for core business. We see GDP (gross domestic product) growth at 6 percent at the least and we're going to participate in that growth. So, again, the momentum of 2021 is continuing in 2022," she said. RCBC's capital expanded by 10 percent to PHP111 billion last year and capital a ....

San Carlos , Negros Occidental , Michael Ricafort , Christina Alvarez , Ricky Cebrero , Rizal Commercial Banking Corporation , Society For Worldwide Interbank Financial Transactions , Worldwide Interbank Financial Transactions , Rcbc Senior Vice President Ma Christina Alvarez Manila The Continued Recovery Of Domestic Economy Makes Executives Rizal Commercial Banking Corporation Optimistic Ofa Similar Outcome For Bank 39s Net Income Grew By 41 Percent Year On Last To Php7 1 Billion , Riven By The 13 Percent Rise Of Both Revenues And Loans 26 Increase In Deposits Ina Virtual Briefing On Tuesday , Cbc Senior Vice President Ma Christina Alvarez Said 2021 Isa Good Year For The Bank Because Of Strong Growth In Their Core Business And They Are Committed To Continue With This Performance Quot Momentum Is There Really , He Outlook Is To Have The Same Trajectory For Core Business We See Gdp Gross Domestic Product Growth At 6 Percent Least And 39 Re Going Participate In That So , He Momentum Of 2021 Is Continuing In 2022 , Uot She Said Rcbc 39s Capital Expanded By 10 Percent To Php111 Billion Last Year And Adequacy Ratio Car , Hich Isa Gauge Ofa Bank 39s Financial Health , Tood At 15 2 Percent , Igher Than Regulatory Requirements Alvarez Said They Forecast Growth In Asset Base This Year To Be Around Mid Teens From 24 2 Percent Last Quot It Will Tempered But We Still See Strong So , Here Will Be Pockets Of Opportunities Across The Board , Uot She Said Rcbc Chief Economist Michael Ricafort They Forecast Growth In The First Quarter This Year To Be Around 6 5 7 Percent While Full Is Projected , Ith An Opportunity For Higher Expansion Depending On The Continued Reopening Of Domestic Economy And Impact Geopolitical Developments Overseas , Mong Others Ricafort Said The Ongoing Ukraine Russia Conflict Will Have An Inflationary Impact Of Domestic Inflation Through Higher Commodity Prices Other Growth Drivers For Economy This Year Include Spending Related To May 2022 National Polls , Ecovery Of The Tourism Sector , Hich Was Greatly Impacted By The Travel Ban Imposed During Pandemic And Further Increase In Rate Of Inoculation Against Coronavirus Disease 2019 Covid 19 Quot So We Won 39t Be Surprised To Seea Growth 7 Percent First Quarter Possibly Also For Rest Year , Uot He Added Meanwhile , Oncerns Are High Regarding The Impact Of Ongoing Conflict Between Ukraine And Russia But Rcbc Treasury Group Head Ricky Cebrero Is Optimistic Domestic Banking Industry Can Weather This Because Its Strength He Said Some Foreign Banks That Have Exposures To Now Grappling With Removal Russian Financial Institutions From Society For Worldwide Interbank Transactions Swift , A Secure Platform That Allows Members To Exchange Information Regarding Global Monetary Transactions Cebrero Said The Geopolitical Conflict 39s Impact On Philippines Will Primarily Be Through Rise In Oil Prices And Its Effect Domestic Inflation He Inflationary Pressures Have Effects Banks 39 Lending Activities Short Term Quot Because At End Of Day ,

RCBC launches Philippines' first green time deposit

Under RCBC’s peso green time deposit, customers can invest from P5,000 to P5 million. The Yuchengco-led bank will then use the funds to finance environment-friendly projects. ....

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