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RCBC banks on affluent cardholders for growth

Manila Bulletin

|

March 12, 2026

Tuchengco-led Rizal Commercial Banking Corp. (RCBC) expects its credit card business to sustain double-digit expansion this year as the lender pivots toward the premium market to capture a larger share of the country's wealthiest spenders.

- BY JAMES A. LOYOLA

Arniel Vincent B. Ong, RCBC Credit Cards president and chief executive officer (CEO), said the bank sees significant untapped opportunities in the market despite a competitive landscape.

He added that RCBC, which currently has 1.5 million cards in circulation, views the consumer segment as a primary engine for higher yields.

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