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SMFL buys 30% stake in RCBC leasing arm
The Philippine Star
|August 31, 2025
Tokyo-based Sumitomo Mitsui Finance and Leasing Company Ltd. (SMFL) has acquired a 30-percent stake in the leasing arm of Yuchengco-led Rizal Commercial Banking Corp. (RCBC), further strengthening its presence in the Philippines.
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The deal, done through a third-party share issuance, combines SMFL's global expertise with the operations of RCBC Leasing and Finance Corp. (RLFC) and RCBC's strong local network to capitalize on growth opportunities in the country's expanding economy.
Denne historien er fra August 31, 2025-utgaven av The Philippine Star.
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