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RCBC prepares for investments

Rizal Commercial Banking Corp., the ninth-largest lender in terms of assets and a member of the Yuchengco Group of Companies, eyes investment opportunities in the second half following the onslaught of the COVID-19 pandemic in the first six months.

RCBC senior executive vice president and treasurer Horacio Cebrero III said these opportunities could present themselves towards the fourth quarter both on the domestic and international markets.

Cebrero said the universal bank expects to see opportunities specifically in the fixed-income space. He said the expected inflation trajectory influencing the movement of domestic rates in the long-end of the interest rate yield curve, coupled with supply driven issues, were being monitored.

“There may be an increase in appetite for fixed-income securities in the domestic markets as there will be opportunities opening up this second half of the year,” Cebrero said.

Topics: Rizal Commercial Banking Corp. , RCBC , Yuchengco Group of Companies , investments
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