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Yuchengco-led Rizal Commercial Banking Corp. on Thursday announced plans to return to the bond market under its P200-billion bond and commercial paper programme to fund asset growth and refinance maturing obligations.
The bank did not specify the terms and timetable for the planned offer. It last tapped the domestic markets with its P12.2-billion ASEAN Sustainability Bond in July 2025, and has so far raised some P99 billion under its programme.“Proceeds from the any offer are intended to support the bank’s asset growth, refinance maturing liabilities and other general funding purposes,” the lender said in a regulatory filing.RCBC said proceeds may also be used for the financing or refinancing of new or existing sustainable projects under its sustainable finance framework.The bank reported an P8.2-billion net income for the first nine months of 2025, reflecting a 32% increase from the previous year on the back of higher lending and fee-based income.“Our continued momentum in the consumer segment affirms that our deliberate approach anchored on data-driven decisions, prudent risk management, and collaboration across businesses continues to drive sustainable growth for the Bank,” RCBC president and CEO Reggie Cariaso said in October.—AOL GMA Integrated News
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