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Yuchengco-controlled Rizal Commercial Banking Corp. (RCBC) plans to raise another $130 million in hybrid Tier 1, Basel III-compliant capital in the third quarter of the year, a top bank executive said.

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JOHN DEVERES

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abtest

RCBC to raise add’l $130 M

By Ted P. Torres | March 2, 2013 - 12:00am

Yuchengco-controlled Rizal Commercial Banking Corp. (RCBC) plans to raise another $130 million in hybrid Tier 1, Basel III-compliant capital in the third quarter of the year, a top bank executive said.

Business