Rizal Commercial Banking Corp. (RCBC) has launched an online platform allowing its clients to buy and sell local and foreign currencies. In a statement Wednesday, July 5, RCBC said it has launched the Online FX Trading Platform, the first and only online foreign exchange execution platform in the country. RCBC UITF Client Advisory Please be informed of the amendments in the Plan Rules of the ten (10) RCBC UITFs which will take effect starting on July 1, 2020. Click here for more details Also, the daily cut-off time of RCBC UITFs is still 10:30AM (until further notice). Thank you. RCBC, the tenth-biggest bank in asset terms as of end-March, booked a net income of P1.1 billion in the first quarter, 13.1% higher than the P1 billion logged in the same period last year, supported by robust loan growth and reduction in non-performing assets. Shares in RCBC closed at P28.60 apiece on Wednesday, down 35 centavos or 1.21%. RCBC profit soars 77% in Q1 2020 on forex, trading gains. Yuchengco-led RCBC posts impressive gains in the 1st quarter of 2020 despite headwinds from the coronavirus pandemic Call Our Hotline (+632) 8877-7222. For Domestic Toll Free 1-800-10000-7222. For International Toll Free (Int'l Access Code)+800-8888-7222. Yuchengco Tower
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