Rizal Commercial Banking Corporation (RCBC) | Accountability Console
Complaints IAMs Register Login

Loading...

Rizal Commercial Banking Corporation (RCBC)

Sectors

Other

Description:

Projects in this Sector: 199

Browse Projects

Issues Raised

Biodiversity

Description:

Projects with this Issue Raised: 104

Browse Projects

Community health and safety

Description:

Projects with this Issue Raised: 260

Browse Projects

Consultation and disclosure

Description:

Projects with this Issue Raised: 385

Browse Projects

Displacement (physical and/or economic)

Description:

Projects with this Issue Raised: 331

Browse Projects

Due diligence

Description:

Projects with this Issue Raised: 387

Browse Projects

Environmental

Description:

Projects with this Issue Raised: 272

Browse Projects

Indigenous peoples

Description:

Projects with this Issue Raised: 74

Browse Projects

Livelihoods

Description:

Projects with this Issue Raised: 243

Browse Projects

Pollution

Description:

Projects with this Issue Raised: 176

Browse Projects

Project Information

Investment ID: 30235; 32853; 34115; 37489

Bank: IFC/MIGA

Environmental Category: FI

Country: Philippines

Region: East Asia & the Pacific

Approval Date: None

Investment Types: Equity, Financial intermediary, Other

Total Project Cost: No recorded data on this

Total Complaints: 1

Description

IFC has four active investments in Rizal Commercial Banking Corporation (RCBC) consisting of two equity investments (up to $49 million and $100 million, respectively), one loan ($30 million), and one bond (up to $75 million). According to IFC, RCBC is one of the largest universal banks in the Philippines, providing a wide range of banking and other financial products and services, including commercial and retail banking, credit cards, asset management, and treasury and investment banking products and services. IFCs investments aim at supporting RCBCs growth in the areas of microfinance, small and medium-sized enterprises, and retail banking, as part of IFCs strategy to support the Philippine financial markets through investments in local financial institutions that play a key role in providing access to finance to underserved sectors.

Investments

Related Complaints

Implementers

Name Complaints Dispute Resolutions DR Successful Compliance Reviews Non-Compliance
Rizal Commercial Banking Corporation (RCBC)