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 Find contact information, products, services, photos, videos, branches and maps for Rcbc Forex in 8/F, Yuchengco Tower, RCBC Plaza, 6819 Sen. Gil Puyat Corner Ayala Avenue, Makati City, Metro Manila 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, 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%. The Rizal Commercial Banking Corporation (RCBC) (Chinese: 中華銀行; Pe̍h-ōe-jī: Tiong-hôa gîn-hâng) was established in 1960 as a development bank and is licensed by the Bangko Sentral ng Pilipinas (BSP) for both commercial and investment banking. It is one of the largest universal banks in the Philippines with total consolidated resources of Php 516.6billion as of end-2015.
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