THE RIZAL Commercial Banking Corporation achieved in the first half of 2025 an unaudited consolidated net income of P5.3 billion, which is up by 20% from the same period in 2024.
RCBC president and CEO Reggie Cariaso attributed the significant increase to the bank’s core business growth, posting a 33% increase in net interest income with a Net Interest Margin (NIM) of 4.57% up from 3.71%.
The core business expansion was primarily driven by a 14% increase in the customer loan portfolio, with consumer lending contributing the highest uplift at 38%.
Credit cards and personal loans, on the other hand, grew by 47%; auto loans by 46% and housing loans by 24%. This is through the effective cross-selling initiatives supporting the strong momentum across all segments of the consumer portfolio.
RCBC Online Banking and RCBC Pulz, two of the bank’s digital finance solutions, augmented RCBC’s loan and income growth, as they cater to a wider range of customers.
“Our investments in our digital platforms have made banking more intuitive, more accessible, and a broader range of customers are starting to pay off with digital transactions,” Cariaso said during the Media Roundtable at Dusit Thani, Davao City, on Aug. 6.
As the bank continues to expand its digital user base, the digital transaction volumes have increased beyond 28%.
Cariaso reported that RCBC is the first bank in Asia to win Euromoney’s “Best Bank for Digital” award 6 years in a row.
This is among 23 other accolades that RCBC has won since January, recognizing the bank’s excellence in digital banking, customer service and financial inclusion among others.
“We’re going to make data-driven decision-making a core part of our way of doing things, so that we can make intelligent and resourceful decisions when we engage our clients. We’re investing in ways that we can understand our clients and get all their financial needs met through RCBC,” Cariaso added.
RCBC’s capital position remains strong at P163 billion, posting a 7% increase in line with increased earnings. The bank’s capital ratios are sufficiently buffered at 16.21% CAR and 13.71% CET1.
