RCBC to put up more overseas branches, remittance centers

By TED P. TORRES
The Philippine Star

The Yuchengco-owned Rizal Commercial Banking Corp. (RCBC) is boosting its global presence as it plans to open several overseas branches in Europe and the United States within the next three years as well as put up at least eight new remittance centers in Canada, the US, the Middle East and the United Kingdom.

RCBC currently operates 17 remittance contact points internationally, each having an expansive branch network translating to nearly 800 worldwide.
RCBC Overseas Filipino Banking Group head Alfredo S. del Rosario Jr. said that the bank would also offer deposit accounts, investments, trust, bancassurance, business and property solutions to overseas Filipino workers (OFWs) and migrant Filipinos. [Read more]