^
+ Follow MAGSAJO JR. Tag
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 381475
                    [Title] => RCBC to hike capital by P4B
                    [Summary] => 



Rizal Commercial Banking Corp. (RCBC) will increase its authorized capital from P9 billion to P13 billion as part of its capital-raising efforts ahead of the implementation of the risk-based framework of Basel II.


Basel II, expected to be implemented worldwide by 2008, will revise the international standards for measuring the adequacy of a bank’s capital. It was created to promote greater consistency in the way banks and banking regulators approach risk management across national borders.
[DatePublished] => 2007-01-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 378497 [Title] => Navarro retires from RCBC [Summary] => The Yuchengco-led Rizal Commercial Banking Corp. (RCBC) will have a new chief executive officer starting Feb. 1 this year.

This as Sun Life Financial-Philippines (SLFP) president and chief executive officer Lorenzo V. Tan will assume the CEO post in lieu of the bank’s executive vice chairman and CEO Rizalino S. Navarro, who has retired, but will retain other responsibilities within the Yuchengco Group of companies.
[DatePublished] => 2007-01-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 260741 [Title] => RCBC, BancNet launch SMS facility [Summary] => The Rizal Commercial Banking Corp. (RCBC) introduced the BancNet SMS banking facility to pay their bills via short messaging service (SMS) – commonly known as text messaging.

RCBC is the first among BancNet’s member banks to launch the consortium’s SMA banking facility, which is designed to enable bank depositors to transact business without physically showing up at the bank.
[DatePublished] => 2004-08-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [3] => Array ( [ArticleID] => 238364 [Title] => RCBC focuses on consumer banking [Summary] => The Rizal Commercial Bank Corp. (RCBC) is concerned about the political uncertainties of the May national elections and threats of higher interest rates this year.

Newly-installed president Francisco S. Magsajo Jr. said that they are putting more emphasis on consumer lending among others as corporate lending remains flat.

"A lot of our strategies remains uncertain although loan growth must grow over 10 percent," Magsajo said yesterday.
[DatePublished] => 2004-02-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [4] => Array ( [ArticleID] => 96364 [Title] => Thrift banks’ assets up 8.5% to P233.3 B in 2000 [Summary] => Total assets of thrift banks increased 8.51 percent to P233.30 billion in 2000, data obtained from the Chamber of Thrift Banks (CTB) show.

Thrift banks include savings banks, development banks, and savings and loan associations.

CTB figures show that net loans rose 5.5 percent to P126.25 billion in 2000. On the other hand, investments dropped 9.23 percent as a result of the so-called juetengate scandal involving then President Joseph Estrada.
[DatePublished] => 2001-03-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
MAGSAJO JR.
Array
(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 381475
                    [Title] => RCBC to hike capital by P4B
                    [Summary] => 



Rizal Commercial Banking Corp. (RCBC) will increase its authorized capital from P9 billion to P13 billion as part of its capital-raising efforts ahead of the implementation of the risk-based framework of Basel II.


Basel II, expected to be implemented worldwide by 2008, will revise the international standards for measuring the adequacy of a bank’s capital. It was created to promote greater consistency in the way banks and banking regulators approach risk management across national borders.
[DatePublished] => 2007-01-24 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [1] => Array ( [ArticleID] => 378497 [Title] => Navarro retires from RCBC [Summary] => The Yuchengco-led Rizal Commercial Banking Corp. (RCBC) will have a new chief executive officer starting Feb. 1 this year.

This as Sun Life Financial-Philippines (SLFP) president and chief executive officer Lorenzo V. Tan will assume the CEO post in lieu of the bank’s executive vice chairman and CEO Rizalino S. Navarro, who has retired, but will retain other responsibilities within the Yuchengco Group of companies.
[DatePublished] => 2007-01-06 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => 1097672 [AuthorName] => Ted P. Torres [SectionName] => Business [SectionUrl] => business [URL] => ) [2] => Array ( [ArticleID] => 260741 [Title] => RCBC, BancNet launch SMS facility [Summary] => The Rizal Commercial Banking Corp. (RCBC) introduced the BancNet SMS banking facility to pay their bills via short messaging service (SMS) – commonly known as text messaging.

RCBC is the first among BancNet’s member banks to launch the consortium’s SMA banking facility, which is designed to enable bank depositors to transact business without physically showing up at the bank.
[DatePublished] => 2004-08-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [3] => Array ( [ArticleID] => 238364 [Title] => RCBC focuses on consumer banking [Summary] => The Rizal Commercial Bank Corp. (RCBC) is concerned about the political uncertainties of the May national elections and threats of higher interest rates this year.

Newly-installed president Francisco S. Magsajo Jr. said that they are putting more emphasis on consumer lending among others as corporate lending remains flat.

"A lot of our strategies remains uncertain although loan growth must grow over 10 percent," Magsajo said yesterday.
[DatePublished] => 2004-02-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Banking [SectionUrl] => banking [URL] => ) [4] => Array ( [ArticleID] => 96364 [Title] => Thrift banks’ assets up 8.5% to P233.3 B in 2000 [Summary] => Total assets of thrift banks increased 8.51 percent to P233.30 billion in 2000, data obtained from the Chamber of Thrift Banks (CTB) show.

Thrift banks include savings banks, development banks, and savings and loan associations.

CTB figures show that net loans rose 5.5 percent to P126.25 billion in 2000. On the other hand, investments dropped 9.23 percent as a result of the so-called juetengate scandal involving then President Joseph Estrada.
[DatePublished] => 2001-03-10 00:00:00 [ColumnID] => 133272 [Focus] => 0 [AuthorID] => [AuthorName] => [SectionName] => Business [SectionUrl] => business [URL] => ) ) )
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