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July 21, 2024

RCBC expands online platform, offers new investment opportunities in government and corporate bonds

Rizal Commercial Banking Corporation (RCBC) is set to expand its online banking retail platform, RCBC Digital, by offering new investment opportunities in both government and corporate bond securities.

The bank aims to provide customers with more options and capitalize on the higher demand for debt securities during uncertain market conditions.

The move follows RCBC’s successful launch of the RCBC Investment Management Account (IMA) Digital in 2021, which allows clients to access and manage their investment accounts online.

The bank has seen significant growth in assets under management (AUM), reaching a record high of P147.49 billion by the end of March, driven by strategic partnerships and the popularity of the IMA and trust accounts.

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