Rizal Commercial Banking Corp 2023 AR2
The report highlights Rizal Commercial Banking Corporation's (RCBC) performance and strategic milestones for the fiscal year 2023. RCBC solidified its position as the fifth largest private bank in the Philippines, with total assets exceeding Php 1.2 trillion and a consolidated net income of Php 12.22 billion. The bank made significant progress in digital innovation, launching the RCBC Pulz app and expanding its ATM Go terminals to achieve 100% provincial coverage. On the sustainability front, RCBC's sustainable finance portfolio grew to over 18,000 projects, representing Php 98.1 billion in eligible green, blue, and social assets. Additionally, the bank committed to zeroing out its remaining exposure to coal-fired power projects by 2031.
Company: Rizal Commercial Banking Corp
Sector: Financials
Country: Philippines
Year: 2023
Type: AR2
Pages: 106
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Rizal Commercial Banking Corp
Annual Report
The report highlights Rizal Commercial Banking Corporation's (RCBC) performance and strategic milestones for the fiscal year 2023. RCBC solidified its position as the fifth largest private bank in the Philippines, with total assets exceeding Php 1.2 trillion and a consolidated net income of Php 12.22 billion. The bank made significant progress in digital innovation, launching the RCBC Pulz app and expanding its ATM Go terminals to achieve 100% provincial coverage. On the sustainability front, RCBC's sustainable finance portfolio grew to over 18,000 projects, representing Php 98.1 billion in eligible green, blue, and social assets. Additionally, the bank committed to zeroing out its remaining exposure to coal-fired power projects by 2031.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Employees