RCBC taps S&P Capital for risk assessment

MANILA, Philippines - Rizal Commercial Banking Corp. (RCBC) has partnered with S&P Capital IQ, a leading provider of multi-asset class data, research and analytics, to improve its risk assessment methodology. The S&P Capital IQ Risk Solutions Scorecard is designed to measure, mitigate, and manage credit risk of counterparties. This will provide RCBC the right instruments to better assess its corporate borrowers by allowing it to score private, publicly traded or rated companies of any sector, size and location in Asia. S&P’s Risk Solutions Scorecard can also help reduce the bank’s non-performing loans by effectively identifying and managing credit risks in its lending portfolio. “Regulation and capital efficiency are some of the major factors driving the adoption of effective credit risk modeling in the country. The addition of S&P Capital IQ’s Risk Solutions Scorecard allows us to be on the forefront of today’s evolving credit market and regulatory environment,” Regino V. Magno, RCBC chief risk officer, said.