FNAC honors partners

MANILA, Philippines – The First Nationwide Assurance Corp. (FNAC) has recently treated 54 employees of Rizal Commercial Banking Corp. (RCBC) and its thrift banking subsidiary--RCBC Savings Bank (RSB)--to a luncheon and recognition rites for their invaluable contribution to its business in 2011. The employees – 25 for RCBC and 29 for RSB – were recognized as top bank referrers of FNAC accounts in a bancassurance partnership. In 2011, FNAC recorded a banner year where it posted a 40-percent growth with a recorded P83.8 million in premiums written.