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RCBC Income Climbs To P2.4 B In 3 Months
The Philippine Star
|May 11, 2025
Rizal Commercial Banking Corp. (RCBC) saw its net income rise by 10 percent to P2.43 billion in the first quarter of 2025, driven by robust loan growth, higher interest income and expanding digital services.
In a disclosure, the Yuchengco-led bank said gross revenues reached P14.7 billion from January to March, 20 percent higher than a year ago on the back of strong performance across its core businesses.
"Our fast-growing consumer portfolio is boosted by data science and analytics, leading customer acquisition in the right segments," RCBC president and CEO Eugene Acevedo said.
This story is from the May 11, 2025 edition of The Philippine Star.
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