RCBC Named 'Remittance Bank of the Year' in the Philippines, Enhancing Support for OFWs
Rizal Commercial Banking Corporation (RCBC) has been honored as the 'Remittance Bank of the Year' in the Philippines at the Asian Banking and Finance (ABF) Awards. This recognition highlights the bank's innovation and contribution to remittance services for Overseas Filipino Workers (OFWs), driven by its transformation of the remittance experience through fintech adoption.
This article requires PRO
This article is outside the free access window or is a special report. PRO unlocks it and the full archive.
Related articles
- Is Negros Occidental's Sugar Industry Still Sweet?
Negros Occidental, the Philippines' 'Sugar Bowl,' faces an uncertain future as its century-old sugar industry grapples with declining productivity, volatile global prices, and challenges in domestic market protection, threatening the region's economic backbone.
- Villar's VistaREIT Reports P13 Billion Property Valuation Loss
VistaREIT, a real estate investment trust (REIT) under billionaire Manny Villar's empire, reported a nearly 45.5% (P13 billion) drop in property values by end-2025, leading to a P11.46 billion net loss. The significant valuation loss is primarily due to changes in its appraisal methodology based on future rental income projections, rather than an actual cash outflow.
- Petron Posts 44% Net Income Drop Amid Rising Costs, Middle East Tensions
Petron Corp., a leading fuel retailer in the Philippines, reported a 44% year-on-year decline in net income to P5.4 billion for January-September, citing rising costs and geopolitical tensions in the Middle East. Despite increased revenues, reduced refining margins impacted profitability.
- Philippines Dominates Fortune's 100 Best Companies to Work For™ in Southeast Asia with 54 Firms
The Philippines leads Southeast Asia in the Fortune 100 Best Companies to Work For™ Southeast Asia 2026 list, with 54 companies recognized. This highlights the international recognition of Philippine companies' investment in workplace culture and employees.