RCBC Reported P3.01 Billion Net Income or a 35% increase compared to same period last year. The strong performance was mainly supported by increase in revenues from Trading Gains, Trust Fees and Service and Commission. Capital Adequacy Ratio (CAR) was at 17.11% and Tier 1 ratio is at 12.73%.
RCBC is a member firm of the multi-industry conglomerate Yuchengco Group of Companies.