How ‘diskarte’ can lead Pinoys to financial success with RCBC DiskarTech

11/17/2022

It’s been proven time and time again that Pinoys are naturally resourceful — from withstanding the odds stacked against them in times of crises, to navigating the ever unpredictable pandemic — Filipinos have learned how to become…

CCLEX P19-B loan agreement gets two awards

Irene R. Sino Cruz 07/23/2019

CEBU CITY, Philippines–The P19 billion omnibus loan and security agreement entered into by the Cebu Cordova Link Expressway Corporation (CCLEC) to fund the construction of the Cebu-Cordova Link Expressway (CCLEX) won two awards. One of the awards…

Innovation, market expansion seen for banking industry

Irene R. Sino Cruz 07/13/2019

CEBU CITY, Philippines—Innovation and expanding markets is the way to go for the country’s banking industry. Veteran banker Eugene Acevedo, who just assumed as president and chief executive officer of Rizal Commercial Banking Corp. (RCBC), explained during…

Deguito admits lying to conceal people involved in money laundering scheme

04/20/2016

MAIA Santos-Deguito, the former branch manager of Rizal Commercial Banking Corp. (RCBC), has admitted lying just to conceal the personalities involved in the alleged $81-million money laundering scheme. Testifying at the ongoing investigation of the Senate blue…

More RCBC execs linked to money laundering

04/12/2016

More officials of Rizal Commercial Banking Corp. (RCBC) have been dragged into the alleged $81-million money laundering scam as former branch manager Maia Santos-Deguito continued her testimony at the Senate yesterday. Contrary to allegations, Deguito said she…

Kim Wong admits P1B went to his company

03/30/2016

Businessman Kim Wong admitted during a Senate hearing on Tuesday that P1 billion of the funds allegedly stolen from the Bank of Bangladesh went to his company but said he is willing to return half of the…

RCBC chief goes on leave amid dirty money probe

03/23/2016

RIZAL Commercial Banking Corp. president Lorenzo Tan has gone on indefinite leave of absence on the heels of the government’s probe on the $81 million in dirty money that slipped through the cracks of the local financial…

RCBC fires Deguito, deputy

03/23/2016

Criminal complaints filed against trader, casino operator over $81-M fund heist Yuchengco-led Rizal Commercial Banking Corp. fired its Jupiter branch manager Maia Santos-Deguito and her deputy Angela Torres yesterday, citing violations of bank policies and procedures as…

Cebu traders, bankers buck ‘dirty money haven’ label

Vanessa Claire Lucero 03/21/2016

Cebu’s banking and business sectors are protesting against the “dirty money haven” tag given to the Philippines following the Bangladesh heist. Philip Tan,  past president of the Mandaue Chamber of Commerce and Industry (MCCI), said the Philippines…

Money laundering in PH casinos

Malou Guanzon Apalisok 03/16/2016

Window Legislative probes launched by either the Senate or House of Representatives used to send shivers on personalities involved in controversies and suspected criminal activities but not anymore. This was evident in the Senate hearing conducted by…

Robinsons backs Cebu brand, launches X’mas tree festival

Vanessa Claire Lucero 12/10/2015

Gokongwei-owned Robinsons Land Corp. is showing support for the new  brand of the island province as  “Cebu – Where the Heart Sings,” with the installation of a giant guitar made of flowers in   its new mall. The…

Highland residents may pay bills in Taptap ‘bayad center’

07/11/2015

by Juli Ann M. Sibi UP Cebu Intern A “bayad center” will be opened at the Cebu City Hall satellite branch in barangay Taptap to allow residents of 36 mountain barangays to pay their bills on time.…

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