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Dec 10 2020 
Slump to slash bank revenues, RCBC exec says
WITH the economy still slow to recover from the lockdown measures against an infectious virus, a bank executive believes financial intermediaries will continue to face challenges in the coming years, including revenue cuts.
Rizal Commercial Banking Corp. (RCBC) President and CEO Eugene S. Acevedo said that the current economic slump will still affect operations and financial…
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Dec 10 2020 
RCBC sees prolonged virus hit
RIZAL COMMERCIAL Banking Corp. (RCBC) sees continued asset quality risks as the challenging environment may persist for both consumers and businesses in 2021.
“Consumer loans will grow slowly compared to the past years. Customers whose incomes have been affected have started to become more conservative and understandably so,” RCBC President and Chief Executive Officer Eugene S.…
