Rizal Commercial Banking Corporation
Rizal Commercial Banking Corporation (RCBC) is a universal bank based in Philippines. It provides a wide range of banking and other financial products and services such as commercial and retail banking, asset management, credit cards and treasury, investment banking and remittance services. The company along with its subsidiaries provides traditional banking, investment banking, retail financing, leasing, and stock brokering services. RCBC also offers depository services, foreign trade information, foreign currency conversions, research, private banking and safety deposit box. In addition, the company provides internet and phone banking services and automated teller machines. The company is headquartered at Makati City in Philippines.The company reported revenues of (Philippine Pesos) PHP 15,659.63 million during the fiscal year ended December 2008, an increase of 2.15% over 2007. The operating profit of the company was PHP 8,470.15 million during the fiscal year 2008, a decrease of 3.96% from 2007. The net profit of the company was PHP 2,153.74 million during the fiscal year 2008, a decrease of 32.86% from 2007.
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