RCBC removes cap on foreign ownership

Rizal Commercial Banking Corp. (RCBC) led by bankero Eugene Acevedo has removed a cap on foreign ownership as it continues to explore various capital raising opportunities.

Citystate Savings Bank pirates RCBC exec

Citystate Savings Bank led by bankero Benjamin Ramos has tapped the services of a former executive of Rizal Commercial Banking Corp. (RCBC) headed by bankero Eugene Acevedo to head its business process management department.