The Rizal Commercial Banking Corp. (RCBC) saw its net income climb by over 70% in 2022, on the back of the stronger performance of its core businesses during the period.
In a disclosure to the local stock exchange, RCBC reported its full-year net income for 2022 at P12.1 billion, as its earning asset volume rose by 23% to bring its total resources to P1.2 trillion.
“We continue to work hard and smart to accelerate our transformation journey. Delivering best-in-class customer experience remains our main thrust,” RCBC President and CEO Eugene Acevedo said.
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