A YGC flagship company, Rizal Commercial Banking Corporation (RCBC) is among the top 5 private commercial banks in the country. Incorporated as Rizal Development Bank in 1960, it became known in its present name when it commenced operations as a commercial bank in 1962. The Central Bank approved its application to function as an expanded commercial in 1989 thus, becoming the country's 6th universal bank.
RCBC has since invested in a series of financial subsidiaries that provide investment banking services, wealth management and financial advisory, foreign exchange brokerage, comprehensive remittance channels, credit card services, microfinance/SMEs resources, electronic banking channels, and retail banking services, among others.
RCBC has the following subsidiaries: RCBC Savings Bank, RCBC Capital Corp., RCBC Securities, Inc., RCBC Bankard, RCBC Forex Brokers Corp., RCBC TeleMoney Europe,SPA , Rizal Microbank, RCBC-JPL Holdings Co., Inc. RCBC Leasing and Finance Corp., RCBC International Finance Ltd., Niyog Property Holdings Co., Inc., and RCBC Rental Corp.
Visit www.rcbc.com for more information.